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Is it worth $200?

Old 10-15-20, 05:52 PM
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makeitup19
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Is it worth $200?

Hey Everyone!

i have a bike that I’m interested in buying but I’m not sure if it’s worth the price. I’d also like to note that I’m 6’8” with a 38in inseam.

This bike is being sold to me for $200. It’s a Raleigh 502.

I’m not a serious cyclist but ideally looking for something that I can fit and that’s priced affordably.
I couldn’t link the photos but I think they’re posted on my page.

Thanks!
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Old 10-15-20, 06:09 PM
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How Tall is the bike?
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Old 10-15-20, 06:20 PM
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Old 10-15-20, 06:52 PM
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Old 10-15-20, 06:56 PM
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It's an entry level recreational bike. About 20 years ago I had that same bike, albeit mine was sized for someone 5'10' and not 6'8". In a more mainstream size it is probably a $125-150 bike. But how often do you find a bike in this size?
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Old 10-15-20, 07:36 PM
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In anything other than uncommon size, that is probably a $100 or less bike. Make sure to check that the seat post comes out. Seeing one jammed in that far always makes me nervous.
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Old 10-16-20, 11:16 AM
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I bet the seat post down that low is because the current owner is too small for this big a bike. Looks like it is a 68cm frame so it should fit you fine, I am 6'6" and I ride one that are 66-68cm.

That's a nice Cannondale bag, if that comes with it, $150 would be a good deal.
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Old 10-16-20, 01:46 PM
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Originally Posted by cb400bill
It's an entry level recreational bike. About 20 years ago I had that same bike, albeit mine was sized for someone 5'10' and not 6'8". In a more mainstream size it is probably a $125-150 bike. But how often do you find a bike in this size?
I think that price is correct even for a more unusual, tall bike. It probably has 27 inch wheels, and it’s a nutted rear wheel. I guess I would pay $125 for it if I was 6 foot eight and just wanted a basic bike to ride around on.
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Old 10-17-20, 06:44 AM
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Thanks everyone for the feedback.I have an update! The owner of the bike lowered the price to $150 but according to the listing this bike will need new tires and tubing.

I have a friend that’s telling me that this bike could potentially be too heavy To ride with others because of the Chrome Moly frame. I think the frame size is 27 1/4” and the wheel size is 27in.

With this new information my question is if I should buy this bike or consider buying a different one?

Im new to riding and ideally don’t want to spend too much money.
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Old 10-17-20, 07:25 AM
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Originally Posted by makeitup19
Thanks everyone for the feedback.I have an update! The owner of the bike lowered the price to $150 but according to the listing this bike will need new tires and tubing.

I have a friend that’s telling me that this bike could potentially be too heavy To ride with others because of the Chrome Moly frame. I think the frame size is 27 1/4” and the wheel size is 27in.

With this new information my question is if I should buy this bike or consider buying a different one?

Im new to riding and ideally don’t want to spend too much money.
If the tires and tubes are in need of replacement, other stuff like brake pads and cables usually need attention too.
That being said, $150 for that bike doesn't seem too high. You might spend fixing it up, but nowhere near what a new bike would cost.
The weight will probably be an issue if you have hills to climb on your rides. If your area is mostly flat, you might not notice the weight unless you carry the bike.
Good luck,
Dave
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Old 10-17-20, 07:47 AM
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Originally Posted by Kobe
I bet the seat post down that low is because the current owner is too small for this big a bike. Looks like it is a 68cm frame so it should fit you fine, I am 6'6" and I ride one that are 66-68cm.

That's a nice Cannondale bag, if that comes with it, $150 would be a good deal.
I paid $150 for my '83 Olympian that looks almost identical. It was my 1st craigslist purchase in 2014 as I was getting back into cycling. Mine had new tires & cables from an experienced bike guy flipper, but considering the mini-boom we're in now I think $150 is a good price and you'll enjoy the bike. I'm 6'5" btw


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Old 10-17-20, 07:58 AM
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You're often going need tires, tubes and a few other consumables. A decent used bicycle in your size is not going to be easy to find in most markets. And the COVID crunch has left the used market with fewer bikes at elevated prices. This is not a bad starter bike for the price and it's available. Unless you're in a large market area, you might be waiting foe quite a while to find something better in that size and price range.

It's going to be a bit on the heavy side, but that isn't of great consequence for casual riders.

If you really enjoy riding, you are going to want to upgrade in the future, but that's part of the fun.
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Old 10-17-20, 11:47 AM
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It has really tall height and short wheelbase if it actually fits it is a fair deal. This one will take a rider 6'2" that is comfortable with fairly aggressive geometry for it to be good ride so not for 19 out of 20 buyers but if your that guy it could actually be pretty good deal in the current market.
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Old 10-17-20, 07:04 PM
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I'd need a ladder to get on that bike!
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