Is this a good deal/idea?
 

$650 2003 Specialized Allez Elite
It's used, but aparently it's in really good shape. I'm going to see if it fits in a few days. Assuming it does, is this appropriate for racing?

Thanks for your help.

Any ideas?

105 9 speed, ALU frame?

$500 tops

Here's the description if anyone was wondering:
Specialized Allez Elite 56cm. Aluminum frame with Carbon fork and seatpost. 105 group with new cassette, chain, and f. der cable. A-Class 330 wheelset with bladed spokes and high-profile rims. Comes with SPD pedals. Excellent condition, $650.

I agree that that seems a little high for a 2003 bike with those wheels and components. $500 tops used.

Could you race it? Sure. Is it what would be considered a racing bike...? No. More like a good road/training bike.

You can do better. There is a guy on this town's CL selling an '06 R900 for $700, and I bought my TCR for $600 with full Ultegra and upgraded wheels. You just gotta look around and be patient when looking for a used bike, and make sure it fits you.