2001 Schwinn Fastback
03-18-18, 02:12 PM
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2001 Schwinn Fastback
Hi folks
2001 Schwinn Fastback small frame Manufactured BEFORE Schwinn sold to Pacific Cycles.
Seat tube 43cm
Top tube 50cm
Sloping top tube
Shimano Sora group
28mm tires
Ridden maybe a dozen or so times since bought new in 2001. Management hasn’t ridden it in years, and she's finally ready to sell it.
I'm thinking $300 CDN, which is about $220USD. Your opinions?
Thanx
2001 Schwinn Fastback small frame Manufactured BEFORE Schwinn sold to Pacific Cycles.
Seat tube 43cm
Top tube 50cm
Sloping top tube
Shimano Sora group
28mm tires
Ridden maybe a dozen or so times since bought new in 2001. Management hasn’t ridden it in years, and she's finally ready to sell it.
I'm thinking $300 CDN, which is about $220USD. Your opinions?
Thanx
Last edited by Bikeforumuser0022; 03-19-18 at 09:25 AM.
03-18-18, 03:22 PM
#2
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That price looks a bit ambitious, assuming the bike hasn't been tuned/regreased/cables etc. Maybe a good starting point to get you a $150-$165 sale, but I don't see more than that. The modern Schwinn name carries a lot of baggage...
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A race bike in any era is a highly personal choice that at its "best" balances the requirements of fit, weight, handling, durability and cost tempered by the willingness to toss it and oneself down the pavement at considerable speed. ~Bandera
A race bike in any era is a highly personal choice that at its "best" balances the requirements of fit, weight, handling, durability and cost tempered by the willingness to toss it and oneself down the pavement at considerable speed. ~Bandera
03-18-18, 10:01 PM
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Unless we're talking about something like an old Paramount, It might be hard to sell a Schwinn for decent money because of the connotation the name carries nowadays.
I don't know if it applies to your bike, but some of the early 2000's Fastback frames were supposedly made by Sapa in Portland, OR. They made some nice stuff. Can you try again to post some pics? HERE is another thread showing an early 2000's Fastback -- frame details look similar?
I don't know if it applies to your bike, but some of the early 2000's Fastback frames were supposedly made by Sapa in Portland, OR. They made some nice stuff. Can you try again to post some pics? HERE is another thread showing an early 2000's Fastback -- frame details look similar?
03-19-18, 09:31 AM
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OK, it was user headgap: I didn't see the maximum jpg size was 2000 pixels.
Thanx for letting me know. This bike is either a 2000 or 2001, because that's the summer she bought it. (I hate digging thru memory files in my brain.)
Thanx for letting me know. This bike is either a 2000 or 2001, because that's the summer she bought it. (I hate digging thru memory files in my brain.)
03-19-18, 12:08 PM
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It's hard to tell without closeups if your bike might share some identifying characteristics with the one that was identified as being built by Sapa in the other thread I mentioned above. Any "made in ____" decals or anything anywhere on the frame?
Regardless -- and unfortunately -- it's going to be perceived as a modern-day Schwinn by most people, which means a department store bike. (Even though it's not.) That's likely going to hamper the resale value. The small size is also going to limit the pool of prospective buyers and the lower end (but still decent) groupset might not inspire a lot of interest.
Resale values in my rural neck o' the woods are pretty low, but I think I might be the only interested buyer at $150 USD around here. If you're in a bigger market with more demand, like Toronto or Vancouver, you might be able to ask more.
Regardless -- and unfortunately -- it's going to be perceived as a modern-day Schwinn by most people, which means a department store bike. (Even though it's not.) That's likely going to hamper the resale value. The small size is also going to limit the pool of prospective buyers and the lower end (but still decent) groupset might not inspire a lot of interest.
Resale values in my rural neck o' the woods are pretty low, but I think I might be the only interested buyer at $150 USD around here. If you're in a bigger market with more demand, like Toronto or Vancouver, you might be able to ask more.
03-19-18, 01:15 PM
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Schwinn's last USA production closed in 1991, and Schwinn went bankrupt for the first time in 1992. Schwinn went bankrupt again in 2001, and they were then bought by Pacific. I don't put much difference between a Schwinn bike sold after bankruptcy #1 versus after bankruptcy #2.
You will see some "better" Schwinns sold at chain bike shops like Performance Bike, so they are not just a cheap discount brand. Given your bike has SORA shifters, its in the better class (not box store).
Schwinn name is basically trash now, similar to Mongoose. So the decent ones don't get the response they should.
Depending where you live in Canada, $300 Canadian sounds very do-able to me. In several larger cities, Canadian market is quite strong. Put some pedals on it, take better pictures, and give it a shot. Make sure tires are fully inflated (front tire looks flat right now).
Your bike is comparable to a Trek 1000 from that era, deduct some for the less desirable brand name.
You will see some "better" Schwinns sold at chain bike shops like Performance Bike, so they are not just a cheap discount brand. Given your bike has SORA shifters, its in the better class (not box store).
Schwinn name is basically trash now, similar to Mongoose. So the decent ones don't get the response they should.
Depending where you live in Canada, $300 Canadian sounds very do-able to me. In several larger cities, Canadian market is quite strong. Put some pedals on it, take better pictures, and give it a shot. Make sure tires are fully inflated (front tire looks flat right now).
Your bike is comparable to a Trek 1000 from that era, deduct some for the less desirable brand name.
Last edited by wrk101; 03-19-18 at 01:21 PM.
03-20-18, 09:35 AM
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$300 with working STIs should be no problem. I sell low-mid range 80s bikes for that much in the summer (though it's been getting harder).
10-22-23, 12:14 PM
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Schwinn handed ALL over to their buyers in 85'. Everything after that was Schwinn in name only. People like to imagine they have a Schwinn after 85 but it's just not so.
The "Schwinn" company contracted in the US after that but it was contracted by the BUYERS of Schwinn.
Using the name Schwinn to bolster value is a game played in the corners.
There were good Asian bikes with the name Schwinn on them, but they had nothing to do with the Schwinn bikes that built the name, or the people that built Schwinn.
All bikes built by the Asian Schwinn company, or any name grabber after that, stand alone in their quality as what they are as a bike. Panasonic built, Giant Built, Pacific built Etc.
IE: Maaaaaybe ok, but nothing terribly special.
some even have a following, such as the "P" bikes in the late 80s, Circuit etc. Still not worth the weight of the name.
....imo
The "Schwinn" company contracted in the US after that but it was contracted by the BUYERS of Schwinn.
Using the name Schwinn to bolster value is a game played in the corners.
There were good Asian bikes with the name Schwinn on them, but they had nothing to do with the Schwinn bikes that built the name, or the people that built Schwinn.
All bikes built by the Asian Schwinn company, or any name grabber after that, stand alone in their quality as what they are as a bike. Panasonic built, Giant Built, Pacific built Etc.
IE: Maaaaaybe ok, but nothing terribly special.
some even have a following, such as the "P" bikes in the late 80s, Circuit etc. Still not worth the weight of the name.
....imo
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