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Bike Flipping 101

Old 05-24-18, 10:32 PM
  #526  
Juliansdad
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Hello
I have a vintage BSA racing bike that I was told was raced on a track in the 30's or 40's. Its a very unique looking bike and I think pretty rare.
Would you know where I may show this for sale?
I appreciate your help.
Thanks,
Juliansdad
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Old 05-28-18, 06:51 AM
  #527  
oddjob2
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Originally Posted by Juliansdad View Post
Hello
I have a vintage BSA racing bike that I was told was raced on a track in the 30's or 40's. Its a very unique looking bike and I think pretty rare.
Would you know where I may show this for sale?
I appreciate your help.
Thanks,
Juliansdad
For $12 you can list it in the Classic and Vintage for sale section. Good for a year's membership.
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Old 10-31-18, 05:04 PM
  #528  
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Good info
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Old 12-15-18, 08:42 AM
  #529  
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Great info, helpful

John
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Old 02-15-19, 06:09 AM
  #530  
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For me, half the fun of flipping is the great unknown. You never know what you will find in someone's garage. It can be anything from a guy convinced his old rusty, pos is a vintage gem, to a flawless, unused survivor sold for peanuts. I've seen plenty of both.

Last edited by kross57; 02-15-19 at 08:43 AM.
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Old 02-21-19, 05:03 PM
  #531  
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Man, I love reading this thread!
I guess I am a flipper by accident, probably like a few others. I just wanted a half-decent road bike, without spending too much. 5 years later, I think I am a legitimate flipper, but only because I can't resist a bargain, or a 'rescue-bike'. I have bought around 50 bikes in the past 4 years, sold half and still have about 25 in the garage. I have bought bikes with the express intention of reselling after a rebuild, and even with the one's that had hidden issues, I have managed to make a profit on.
My philosophy is not to sell something unsafe, or unfit. I prefer low to mid-range road bikes from the 80's and 90's (non-dept stores), with Shimano groupsets and Araya alloy rims, at a minimum. They restore beautifully; I'll strip, degrease and polish alloy parts (Mothers Mag), remove rust from every nut, chrome trim (forks/FR etc) using a wash, or aluminum foil/water and fully polish the frame. Bearings repacked or replaced, wheels trued (within acceptable tolerances!), cones adjusted and bearings checked. Cables replaced and housing, if needed. New bartape, if needed. Tires and tubes replaced, if needed.
Basically, once the bike is safe, it's all about the aesthetic; it has to look irresistible! I always photograph outdoors and with multiple close-ups, a good, honest description, and I am always responsive (within an hour or so) to inquiries. I usually use Kijiji to buy and sell on.
I still think it takes dedication to make any kind of a living at flipping, but as a way to finance a great hobby, it can't be beat! Here's a sample:

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Old 03-09-19, 05:56 AM
  #532  
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I notice the appraisals given here tend to be on the low side, at least for my area. Bike prices are very dependent on your region, so you really need to pay attention to your local market. Especially if you don't ship.

I sell small items (parts) over ebay. For bikes, I sell through craigslist and fb marketplace.

I find that people tend to want bikes road ready. They don't want bikes that are projects or need any kind of work. Clean, shiny, and ready to ride sells the best.

Last edited by kross57; 03-09-19 at 06:26 AM.
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Old 03-09-19, 09:53 AM
  #533  
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What do you think, worth it for flipping?:

https://salem.craigslist.org/bik/d/r...827067607.html
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Old 03-30-19, 06:43 AM
  #534  
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Originally Posted by wrk101 View Post
If you are planning to flip bikes, you need to know values in your area...
I generally prefer to buy locally (craigslist) and sell nationally (ebay). Better returns that way. The Giordana above: I didn't do anything more than shine it up and take some good pictures, and more than doubled my money on it, even after the cost of shipping, on ebay.

EDIT: Oh yeah, I took the plastic toe clips off, and put a different saddle on for the photos.
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Old 05-16-19, 10:10 PM
  #535  
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I didn't intend to flip bikes but now I have little choice I'm running out of space. Within a short period I have accumulated almost 50 bikes. I first just wanted to buy a few clunkers and spend no more that 20 per and then relearn how to do repairs I attended a bicycle repair class and at the end of the class the instructor had a bike he was going to throw out because someone stole the rims off it when it was stored at the school. Boom 1987 Lotus Elan 75 freebie. Went to a garage sale looking for a auto mechanics tool chest sold but in the corner a bicycle with beautiful gold paint and a flip flop rear wheel bought for $20 Matsuri Kieran racing bike. Long story short I fix them up not restorations but make them safe and refurbish (no painting) and now starting to cull the herd. It is true what they say it all depends on the market and location try and sell a road bike on the Jersey shore ng a beach cruiser or a english 3 speed perfect. Road bike williamsburg brooklyn yep beach bike no 3 speed english yes.
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Old 06-17-19, 12:50 PM
  #536  
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The Bonus Basket

This is an idea I wish I had thought of years ago: The Bonus Basket. I stock it with items I might want if purchasing a bike: bottles and cages, multitools, a patch kit, leg straps, bells, bottle of lube, etc.

When a customer wants to purchase a bike from me and is getting ready to pay, I whip out the previously hidden Bonus Basket (a real wicker bike basket, complete with leather straps), and ask, would you like to select a free item from the Bonus Basket? Of course they do! And if they select a bottle cage, I'll install it for free on the spot.

This is where people get gleeful. When I did this yesterday to a woman who was purchasing a hybrid, she said, you are so cool, and selected a frame bag for her new ride.

The BB serves two purposes: Clear out odds and ends from my stock, and give buyers something to remember. No matter what they think of me or the bike, they will probably remember choosing their free item from the Bonus Basket.


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Old 07-07-19, 08:44 AM
  #537  
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Elvish Mixte - what would you do?


I can get this bike for about $40. This would not be a bike that I would keep so after a few rides I would sell it. It is 1.5 hours away so I have not seen it yet. Assuming it needs little more than tuning it looks like a good bike if the price is right. Would you change out the brakes to modern mounted brakes? What is the most that you would pay for it. I would expect it to sell for about $80 to $100 so getting it for less than $40 would help the decision a lot.

Your thoughts on the buy price, sell price, brakes and anything else would be helpful.

thanks.
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Old 07-07-19, 10:10 AM
  #538  
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I would consider it if local. But being a 3 hour round trip with a chance of it having problems? I'd pass.
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Old 07-07-19, 11:27 AM
  #539  
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Originally Posted by curbtender View Post
I would consider it if local. But being a 3 hour round trip with a chance of it having problems? I'd pass.
I wouldn’t drive three hours for it either. I will be driving by his town a couple of times in the next month so I could pick it up on one of those trips with no problem. I am in a much bigger town so I could sell it easier than him but I still think it will be pretty slow to sell.
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