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You all have helped me before: Looking at an 02 RANS Velocity Squared recumbent (mor

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You all have helped me before: Looking at an 02 RANS Velocity Squared recumbent (mor

Old 12-17-09, 07:34 PM
  #1  
foehn
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You all have helped me before: Looking at an 02 RANS Velocity Squared recumbent (mor

The current owner (the second owner) says that he just had some sort of servicing done on this vehicle. He says he bought it about 5 years ago from a friend of his who is a recumbent fanatic but the current owner says he has just never had the time to ride it and it has been sitting in his garage since then. He has kindly send me quite a few pictures of the bike. I would post but they are gigantic!

Any way, although he seems to think the bike is in great condition, it looks like a seven-yea-old bike to me. Maybe he just took the pictures before he had it serviced; the paint looks pretty nice and looking at the thing as a whole, it looks good, but then I got a look at the closeups of the back cluster that reveal some pretty cruddy looking sprockets and the pulley wheels look cruddy also. The seat looks as if it has some wear on it and may need repair in the near future. Essentially a lot of little stuff, but it might all add up.

In his ad he said he bought new tires and got it tuned up (I don't know what this means--one man's tune up is another man's brush-it-off and call it running!), and spent $400 for upgrades--but I don't know if this was done recently or when he bought it. The bike includes a rack, a rack trunk, kick stand, mirror, bell, trip odometer. The bike is red and has ASS tiller steering (jeeze that sounds rude!) and comes equipped with fenders front and rear.

In any case I will be going to go and look and ride as he has given me first right of refusal on the beast.

What do you all think? What should I look for?--Oh and the price: he is asking $725, which sounds a leetle high to me. Of course if I like it I will try to offer down, but . . .

Any thoughts?--I could e-mail you the pics if you wanted to take a look at it.
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Old 12-17-09, 07:59 PM
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A brand-new Formula LE costs $1150. Not sure how this new offering of the V2 compares to what you are looking at. If you would need to replace more than a couple of things, $725 would be getting closer to $1150.
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Old 12-17-09, 08:51 PM
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I have a 06 Rans V2 that I bought 2nd hand and paid 650 for it last year and it was in excellant shape so that should tell you something. It is an excellant bike. make him an offer at what you think is reasonable. (400)maybe . check the chain and stand the bike up on back tire and look for pitting on the under carriage.
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Old 12-18-09, 05:50 AM
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Originally Posted by foehn View Post
and the price: he is asking $725, which sounds a leetle high to me. Of course if I like it I will try to offer down, but . . .
I paid $750 recently for a 2004 V2 Formula with fairing, Q-ring crankset, hollowpin chain, Chris King headset, and a few small accessories (computer, kickstand, bags). It showed some signs of age with the paint and cables and chain idler, but I've been quite pleased with it. The Formula version came with Velocity Thracian wheels and SRAM X9 components.

The asking price for yours seems high. I would ask more specifically about the $400 of upgrades; what did these include and when were they done. I suspect the owner may want to recoup some of this spending with the sale. Like others said, carry your ruler or chain checker tool with you, inspect the frame and tires and drivetrain very carefully, and tally up the cost of what would need maintenance anytime soon. If the chain is very worn, replacing it often requires replacing the cassette as well.
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Old 12-18-09, 07:55 AM
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Years ago, an older friend taught me a price reduction technique that has served well. It's based on extreme stalling, remaining 100% positive, introducing no interpersonal conflict, and paying only your selected price.
  • decide what you will pay and resolve to go no higher
  • reserve at least an hour or two or three for the haggle
  • say only nice things about the object
  • closely inspect all flaws while remaining silent
  • continue making positive comments even if you must repeat
  • continue inspecting all flaws but stay silent
  • vaguely agree with seller when he/she comments on object
  • when pressed for decision say you like object and only issue is price
  • if asked to name price, think about it at length
  • when asked again, say don't want to insult seller
  • continue making positive comments
  • continue inspecting all flaws but stay silent
  • when again pressed to decide, ask if your price is insulting
  • agree that any counter price is reasonable but too high for you
  • continue repeating positive comments
  • continue inspecting all flaws but staying silent
  • if seller gives higher price as take-or-leave agree that is entirely reasonable but regretfully too high for you
  • continue making positive comments
  • continue inspecting all flaws but stay silent
  • make no move to leave
Most of the time you leave having paid your price.
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Old 12-19-09, 11:00 PM
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Thank you! I will check the things you all mention.

And I like the negotiation tips.. . will try!
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