aka Tom Reingold
Join Date: Jan 2009
Location: New York, NY, and High Falls, NY, USA
Posts: 40,590
Bikes: 1962 Rudge Sports, 1971 Raleigh Super Course, 1971 Raleigh Pro Track, 1974 Raleigh International, 1975 Viscount Fixie, 1982 McLean, 1996 Lemond (Ti), 2002 Burley Zydeco tandem
Mentioned: 513 Post(s)
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Quoted: 7397 Post(s)
For a bike with a chrome-moly frame, I generally say $300, but your market may not bear that price. In my eyes, $280 is a good price, and it appears to be in good condition.
My approach in situations like this: I say I'm interested. I go look. If it is everything it appeared to be in the craigslist ad, I drop the price and ask: "Would you accept $260?" Then I accept whatever the answer is. Usually, I get a yes without hesitation. There was one bike where the asking price was $75 and I offered $60. He came back with a counteroffer of $65, and I accepted immediately. If he had said $75 firm, I would have accepted that, too. But it never hurts to ask to lower the price.