Originally Posted by
Chad1376
If the goal is project and not profit, then by all means, have some fun. In it's current state, that doesn't seem like a bike anyone would want. It could be satisfying making it something someone else might appreciate. I think the hardest part would be finding the "right" buyer.
Yeah, she's a total pig and languished on Marketplace for weeks at $40 then last week he offered it for free. I have a few Gitane and Peugeot project bikes so I figured for free it was worth going after for the derailleurs and I'm hoping that Nervar 1011 crankset is on a French threaded BB and not Swiss as I am in need of one for another bike. The FD turned out to be a zinc plated Shimano replacement so that was a let down but the RD is a Simplex SX410GT long cage that I needed. Turned out the bike was only 3 blocks down the street from where I work so no real investment in it other than a few minutes and a cup or two of gas, it was the opposite direction I normally go but the RD made it worth going so "far" out of my way.
Even when the market around here was good and I could flip a few bikes to bankroll my velo addiction I wouldn't have given this a second thought as a flip but it's so pathetic looking I feel a need to give it a 2nd chance. It is TOTALLY a project, I have no delusions of even breaking even on it, my usual modus operandi is "buy high, sell low" LOL, plus I've had the parts long enough they're pretty much a write off now anyway. I just want to see what I can do with it and keep it out of the scrap pile if I can. As far as the "right buyer" goes, being as tall as I am that's always the case for me when selling one of my bikes to make room for the next project, sometimes it takes a couple years to get one sold and sometimes ones I thought would be a tough sell got snapped up right away. You just never know.
This old Schwinn was given to me with some other bikes, I didn't take a before pic but it was NASTY, it was so filthy I honestly thought it was brown not red and I couldn't see any point in keeping it. I was literally almost to the curb with but just as I was crossing the sidewalk that little voice told me to go ahead and see how it would clean up. I turned around and tore into it and it didn't turn out too bad. It sold in 3 days and I had 3 people wanting it. I even made a nice profit after putting new tires tubes and cable on it. I still don't understand what the attraction was but sometimes that's how it goes.
