Early 80's Lotus Pegasus ATB...
07-24-18, 07:30 AM
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Early 80's Lotus Pegasus ATB...
Hi All,
I recently got this from Goodwill, and I think it's pretty much all original except for the tires. I didn't even wipe it down yet, sorry. It's way, way too big for me, so I'm wondering if it's worth more complete to a Lotus collector or if it's too far gone and would be better parted out. Check out that Lotus water bottle!
I recently got this from Goodwill, and I think it's pretty much all original except for the tires. I didn't even wipe it down yet, sorry. It's way, way too big for me, so I'm wondering if it's worth more complete to a Lotus collector or if it's too far gone and would be better parted out. Check out that Lotus water bottle!
Likes For friendofpugs:
07-24-18, 11:03 AM
#2
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It’s a toss up proceeds wise. Not many collectors for the old Japanese MTBs. Stumpjumper? Sure, they bring quite a premium. Complete it will bring what seatpost, shifters and dérailleurs, and crankset will bring. Of course, there are more parts than just that list, including wheels, frameset, slingshot stem, bars, brakes, etc. XL size makes it a tougher sell as a complete bike.
The other advantage of a part out is you eliminate the expense of consumables. You could spend $50 to $75 more on consumables getting that bike ready to sell. I've had MTBs I picked up cheap where with the added expense of refurbishing, I would break even (and eat my time). Instead, a part out of such a find could mean $200 to $250 in profit. Find one with Suntour XCII pedals and the profits are significantly higher than that $250 mark.
And of course, shipping parts is a lot easier than shipping a complete bike.
The other advantage of a part out is you eliminate the expense of consumables. You could spend $50 to $75 more on consumables getting that bike ready to sell. I've had MTBs I picked up cheap where with the added expense of refurbishing, I would break even (and eat my time). Instead, a part out of such a find could mean $200 to $250 in profit. Find one with Suntour XCII pedals and the profits are significantly higher than that $250 mark.
And of course, shipping parts is a lot easier than shipping a complete bike.
Last edited by wrk101; 07-25-18 at 08:04 AM.
07-24-18, 11:26 AM
#3
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Cleaned maybe $75.
Very few people know what Lotus bikes are. When I was a kid they were a popular brand, but they fell off the radar.
Very few people know what Lotus bikes are. When I was a kid they were a popular brand, but they fell off the radar.
07-24-18, 12:01 PM
#4
...addicted...
That's a nice bike, outfitted quite a lot like the Ross Mt. Whitney, which has a slight following here. Always can get more for the parts than the whole. Always. Depends on how much time you want to spend packaging and shipping. Those don't look like HB-MN72 hubs, they may be the next generation Tourney XT, the non-high flange ones.
Here, in D.C. cleaned up and with new cables and housings, can count on $125 - $175 range. As-is... well, the Ross I bought was similar condition, $40.
Here, in D.C. cleaned up and with new cables and housings, can count on $125 - $175 range. As-is... well, the Ross I bought was similar condition, $40.
Last edited by rocks in head; 07-24-18 at 12:19 PM.
07-24-18, 02:18 PM
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As with most bikes, it's worth more parted out. Check prices on early Deerhead Shimano XT stuff, that setback seatpost, the slingshot stem, the wheels. Then ask yourself if you have the time, expertise, and patience to sell stuff individually on the auction site.
The frame is cool in its own way (namely that curved tube by the seat cluster for portaging the bike), but there's plenty of scuffs on the paint and decals, rust on the chainstay, etc.
The frame is cool in its own way (namely that curved tube by the seat cluster for portaging the bike), but there's plenty of scuffs on the paint and decals, rust on the chainstay, etc.
07-24-18, 03:19 PM
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Gents, as always, thank you for your collective wisdom - the part out commences!
07-29-21, 08:07 AM
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I mean, he was preparing to sell off the components three years ago, so I'm gonna bet on "No!" 
07-29-21, 02:40 PM
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