[QUOTE=chess.gary;16583160]This intrigued me. Does this mean buying parts, assembling a bicycle, and selling the finished product for a price higher than the total cost of the parts? Or does it mean buying a bicycle and trying to sell off the individual parts? Or buying a bicycle, selling off the good individual parts, buying cheaper versions to replace the sold parts, and selling this new bicycle? Or something completely different?
Thanks, and best regards.[/Q
The short answer is....yes....LOL! Flipping is buying something that needs repair/rehab, performing that repair/rehab, then selling it for a profit. Sometimes a flip can be as simple as hosing off your item and then advertising it. Sometimes guys don't even hose them off. All of the examples you listed are valid forms of flipping. The main things that you need are knowledge of your items, your market and skills.
The simplest flip is a complete but neglected bike. Completely and thoroughly clean the entire bike. Neatness counts.
Replace all the consumables (tires, tubes, bar tape or grips, cables and housing, usually seats, sometimes brake pads) clean rebuild/repack/replace all the bearings and adjust everything to top performance. Sometimes all of that is not necessary.
Read these forums and you'll have a solid idea of what it takes. Good luck!!
Last edited by Thumpic; 03-16-14 at 05:26 PM.