Who Enjoys Over Spending On Old Bikes?
#1
Miskines
Thread Starter
Who Enjoys Over Spending On Old Bikes?
Here's the background. I am an adult but I always rode hand offs from a friend that is a serious racer and bike enthusiast. He would pass really nice bikes my way and I'd ride them. His son is getting older and recently asked for them back (after years of long term lending). I had an old entry level GT Timberline MTB I bought at police auction 10 years ago that I never used and decided to covert it to a big tire urban commuter and just by luck I garbage picked a rather nice Takara Prestige entry to mid level road bike from the mid 80's. I got the bug! I've been riding way more and shopping for parts way more. It started with the basics to get the bike rideable, new tires, pedals, grips but now I find myself upgrading the Takara Prestige with better vintage parts like downtube shifters, Stelle Turbo saddle, Did Comp Aero Gran Comp brake levers, and SR 150 peddles. Today I made impulse purchase of a Carver 440mm suspension correct straight rigid fork for the GT just because I like the look of it! Now I need a new headset and neck! Well I love it but I think I've spent $500 on two old and nothing special bikes. Anyone have a good story?
#2
Edumacator
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Welcome aboard...every single person on here has likely spent much more than a bike is worth...since I spend without selling, I have a museum of rescued items I may or may not ever be able to use!
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1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
#3
Overdoing projects
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I have a list of bike-threads on here that I spent between €20 and €120 ($24-$145) on to buy and many times that to turn them into something I will really enjoy... or someone else.
It's a hobby with a lower return on investment than some of my other ones. But then again, not everything has to be mechanical keyboard artisan keycap levels of profit.
I should probably start writing down how much I am spending so I get an idea of what they are worth.
To make a list:
It's a hobby with a lower return on investment than some of my other ones. But then again, not everything has to be mechanical keyboard artisan keycap levels of profit.
I should probably start writing down how much I am spending so I get an idea of what they are worth.
To make a list:
- Batavus Randonneur GL < This one has been the most expensive one... so far
- 1995 Gazelle Lausanne mixte
- 1996 Koga-Miyata SilverAce
- 1977 Gazelle Tandem < this is the cheapest one
- 1992 + 1993 Koga-Miyata Traveller & WorldTraveller
- 1969 Gazelle SuperLicht
Last edited by JaccoW; 06-11-21 at 11:22 AM.
#4
Edumacator
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I have a $1000 Basso Gap worth $600!
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1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
#5
Zip tie Karen
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Here's the background. I am an adult but I always rode hand offs from a friend that is a serious racer and bike enthusiast. He would pass really nice bikes my way and I'd ride them. His son is getting older and recently asked for them back (after years of long term lending).
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#6
Shifting is fun!
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#7
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"I Enjoy Over Spending on Old Bikes" could be the name of this forum.
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#9
Grouchy Old man
Here's the background. I am an adult but I always rode hand offs from a friend that is a serious racer and bike enthusiast. He would pass really nice bikes my way and I'd ride them. His son is getting older and recently asked for them back (after years of long term lending). I had an old entry level GT Timberline MTB I bought at police auction 10 years ago that I never used and decided to covert it to a big tire urban commuter and just by luck I garbage picked a rather nice Takara Prestige entry to mid level road bike from the mid 80's. I got the bug! I've been riding way more and shopping for parts way more. It started with the basics to get the bike rideable, new tires, pedals, grips but now I find myself upgrading the Takara Prestige with better vintage parts like downtube shifters, Stelle Turbo saddle, Did Comp Aero Gran Comp brake levers, and SR 150 peddles. Today I made impulse purchase of a Carver 440mm suspension correct straight rigid fork for the GT just because I like the look of it! Now I need a new headset and neck! Well I love it but I think I've spent $500 on two old and nothing special bikes. Anyone have a good story?
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#10
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I joined this forum because a left turning auto smashed up my motorcycle and I returned to bicycling after several decades of hiatus. If you think the phenomenon you describe is bad with bicycles, count your blessings, and consider the world of motorcycles, where it seems a substantial percentage of riders commence the binning of factory parts even before their new machine has left the showroom. There are tens of thousands of essentially brand new factory silencers from Harleys in the garages of riders all over this country. Motorcycle parts, (except for Royal Enfield), are not cheap either.
A friend has this disease, I call it "Chromititis", very bad, on the order of several hundred dollars a week, continuously. Google "Garbage Wagon Motorcycle" to see what I'm talking about.
I'm on the opposite end of the spectrum, and known to wire brush and paint over rusty chrome to get another year or two of service, or decide that a failed safety or emissions control component isn't "really" needed.
A friend has this disease, I call it "Chromititis", very bad, on the order of several hundred dollars a week, continuously. Google "Garbage Wagon Motorcycle" to see what I'm talking about.
I'm on the opposite end of the spectrum, and known to wire brush and paint over rusty chrome to get another year or two of service, or decide that a failed safety or emissions control component isn't "really" needed.
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#11
Myrtle Beach Crab
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it makes perfect sense! just go read Catch-22 and follow how Milo buys eggs for 7cents and sells them for 5 and makes a profit! it's all for the benefit of the syndicate, and everyone profits!
#12
Friendship is Magic
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...I have always made up the money I lose on each bike, through buying and selling in volume.
...I have always made up the money I lose on each bike, through buying and selling in volume.
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#13
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I don't view it as over spending, especially when i look at the cost of new bikes of similar level of quality.
My miyata 85 with 5800 105..... 300 for the frame, 300 for the wheels, 100 for tires/tubes, 500 for 105 group (granted that was when you could get groups from a UK bike sites, but complete ultegra at colorado cyclist is 1050), 20 handle bar tape, 70 for seatpost,, had the bars, stem and saddle. so call it 1300 hard to get a bike of that quality for similar new
current build sr semi pro 170, style dictated arabesque shift levers 35, tires and tubes 80, cables and housing 25, porteur rack 75. use postino vo bars I have so 385 for cool and unique city bike
My miyata 85 with 5800 105..... 300 for the frame, 300 for the wheels, 100 for tires/tubes, 500 for 105 group (granted that was when you could get groups from a UK bike sites, but complete ultegra at colorado cyclist is 1050), 20 handle bar tape, 70 for seatpost,, had the bars, stem and saddle. so call it 1300 hard to get a bike of that quality for similar new
current build sr semi pro 170, style dictated arabesque shift levers 35, tires and tubes 80, cables and housing 25, porteur rack 75. use postino vo bars I have so 385 for cool and unique city bike
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Life is too short not to ride the best bike you have, as much as you can
(looking for Torpado Super light frame/fork or for Raleigh International frame fork 58cm)
Life is too short not to ride the best bike you have, as much as you can
(looking for Torpado Super light frame/fork or for Raleigh International frame fork 58cm)
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#14
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If you truly enjoy what you are spending money on, it can't really be considered over spending, in my opinion. Mrs. Me might see it differently.
Rare is the time that I have invested too much in a vintage bicycle. Having found quite a few, meaning a heck of a lot, I can think of three that I might have spent too much on. But, even then, I still had fun doing it so I do not consider the money poorly or over spent.
Rare is the time that I have invested too much in a vintage bicycle. Having found quite a few, meaning a heck of a lot, I can think of three that I might have spent too much on. But, even then, I still had fun doing it so I do not consider the money poorly or over spent.
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"98% of the bikes I buy are projects".
"98% of the bikes I buy are projects".
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#15
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Somehow, having a nun join a bunch of gentleman admiring Ms. Non-Fixie's bike in Holland with a backdrop of beautiful old city homes, and guys wearing Peugeot jerseies is artwork to me...I need to visit.
By the way, for Hollanders, what is the distinction between Netherlands and Holland?
By the way, for Hollanders, what is the distinction between Netherlands and Holland?
__________________
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
#16
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I suspect we could be long lost cousins LOL.
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".....distasteful and easily triggered."
".....distasteful and easily triggered."
#17
Shifting is fun!
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Somehow, having a nun join a bunch of gentleman admiring Ms. Non-Fixie's bike in Holland with a backdrop of beautiful old city homes, and guys wearing Peugeot jerseies is artwork to me...I need to visit.
By the way, for Hollanders, what is the distinction between Netherlands and Holland?
By the way, for Hollanders, what is the distinction between Netherlands and Holland?
Technically, Holland consists of just the two western provinces North and South Holland. For Hollanders that difference is of little consequence. For Netherlanders outside Holland that is a very different matter.
#18
Klaatu..Verata..Necktie?
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How do you make a small fortune in vintage bikes? Start with a large fortune.
My worst tendency is what I'd call panic buying. The Lotus Classique I just got has full Arabesque kit. Full, that is, except for a replacement NDS crank. I had to stop myself spending $150 on a whole crankset from Belgium. Or I could have gotten the one from Serbia that was guaranteed to arrive by the middle of August. But I literally spent most of an evening going back and forth about buying one or the other of those. OR the other one from Belgium that was cheaper because it has French pedal threads, but I could buy the taps to convert it to 9/16 for only about 30 bucks, including shipping....
My worst tendency is what I'd call panic buying. The Lotus Classique I just got has full Arabesque kit. Full, that is, except for a replacement NDS crank. I had to stop myself spending $150 on a whole crankset from Belgium. Or I could have gotten the one from Serbia that was guaranteed to arrive by the middle of August. But I literally spent most of an evening going back and forth about buying one or the other of those. OR the other one from Belgium that was cheaper because it has French pedal threads, but I could buy the taps to convert it to 9/16 for only about 30 bucks, including shipping....
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"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
#19
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Enjoy overspending? No. Enjoy the outcome? Mostly yes. Some projects I wish I could do-over but then I’m forced to spend more $ on an old bike that got loved enough.
#20
Edumacator
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Actually, that picture was taken in Oudenaarde, Belgium, at the start of the Retro Tour of Flanders (which is - more or less - the Dutch-speaking part of Belgium).
Technically, Holland consists of just the two western provinces North and South Holland. For Hollanders that difference is of little consequence. For Netherlanders outside Holland that is a very different matter.
Technically, Holland consists of just the two western provinces North and South Holland. For Hollanders that difference is of little consequence. For Netherlanders outside Holland that is a very different matter.
Thank you!
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1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
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#21
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My spending in inversely proportionate to the size of the item. For example:
"You want $200 for that bike? Pffft, I'll take my money elsewhere."
"$100 for that front derailleur bolt? Here's my bank account details, take what you need."
"You want $200 for that bike? Pffft, I'll take my money elsewhere."
"$100 for that front derailleur bolt? Here's my bank account details, take what you need."
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#22
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Here's the background. I am an adult but I always rode hand offs from a friend that is a serious racer and bike enthusiast. He would pass really nice bikes my way and I'd ride them. His son is getting older and recently asked for them back (after years of long term lending). I had an old entry level GT Timberline MTB I bought at police auction 10 years ago that I never used and decided to covert it to a big tire urban commuter and just by luck I garbage picked a rather nice Takara Prestige entry to mid level road bike from the mid 80's. I got the bug! I've been riding way more and shopping for parts way more. It started with the basics to get the bike rideable, new tires, pedals, grips but now I find myself upgrading the Takara Prestige with better vintage parts like downtube shifters, Stelle Turbo saddle, Did Comp Aero Gran Comp brake levers, and SR 150 peddles. Today I made impulse purchase of a Carver 440mm suspension correct straight rigid fork for the GT just because I like the look of it! Now I need a new headset and neck! Well I love it but I think I've spent $500 on two old and nothing special bikes. Anyone have a good story?
So we need some pics, of the project and "loaner" bikes, good ones and plenty of them or it didn't happen.
As noted above, did you return the bikes, is Dad still around, will the kid curate the bikes or sell em off, inquiring minds want to know?
Many of us here have several bikes that we paid plenty more than they will ever be worth unless we find somebody thinks exactly like we do, probably not going to happen.
#23
Edumacator
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The worst money magnets are the "bike part lot" variety. It's like Christmas at your grandmother's house. You know that you will get knitted socks, tic tacs and chapstick, but there is also that random gift surprise that makes the tic tacs more fun to eat...
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1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
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#24
Happy banana slug
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I put around $800 into my bike, much much more than it's objectively worth, but I have a better bike, more suited to me, than I could buy new for the price. Is that overspending?
EDIT: No. No, it is not.
EDIT: No. No, it is not.
Last edited by Korina; 06-11-21 at 09:07 PM.
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#25
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ME!!
Only I call it something else...
Only I call it something else...
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Steel is real...and comfy.
Steel is real...and comfy.