Who's still flipping and fixing?
#26
Senior Member
Join Date: Jul 2017
Location: Queens, NY for now...
Posts: 1,515
Bikes: 82 Lotus Unique, 86 Lotus Legend, 88 Basso Loto, 88 Basso PR, 89 Basso PR, 96 Bianchi CDI, 2013 Deda Aegis, 2019 Basso Diamante SV
Mentioned: 46 Post(s)
Tagged: 0 Thread(s)
Quoted: 943 Post(s)
Liked 172 Times
in
113 Posts
Yep. Was commuting just about every day on something vintage, back in the days of commuting to work...
#27
Junior Member
I posted 3 bikes on Thursday and had all three sold and gone in about 24 hours. If you are in need of moving anything along or needing the space, it is an excellent time to do so.
Likes For Sandstrom:
#28
Edumacator
Join Date: Jan 2018
Location: Goose Creek, SC
Posts: 6,808
Bikes: '87 Crestdale, '87 Basso Gap, '92 Rossin Performance EL-OS, 1990 VanTuyl, 1980s Losa, 1985 Trek 670, 1982 AD SLE, 1987 PX10, etc...
Mentioned: 59 Post(s)
Tagged: 0 Thread(s)
Quoted: 2440 Post(s)
Liked 3,129 Times
in
1,968 Posts
Unfortunately I am BUYING and fixing. I am not a bright bulb...
__________________
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
#29
Senior Member
Join Date: Jul 2017
Location: Queens, NY for now...
Posts: 1,515
Bikes: 82 Lotus Unique, 86 Lotus Legend, 88 Basso Loto, 88 Basso PR, 89 Basso PR, 96 Bianchi CDI, 2013 Deda Aegis, 2019 Basso Diamante SV
Mentioned: 46 Post(s)
Tagged: 0 Thread(s)
Quoted: 943 Post(s)
Liked 172 Times
in
113 Posts
It seems you are correct. Reading this thread inspired me to post 3 bikes on CL I had done but hadn't ridden in awhile. I needed to regain some space and it seems with the pandemic and burgeoning Spring, there are a lot of buyers looking.
I posted 3 bikes on Thursday and had all three sold and gone in about 24 hours. If you are in need of moving anything along or needing the space, it is an excellent time to do so.
I posted 3 bikes on Thursday and had all three sold and gone in about 24 hours. If you are in need of moving anything along or needing the space, it is an excellent time to do so.
Since we are all stuck at home most of the day, why not? I went from finally assembling a frame and parts I had already acquired to buying another (old) frame, and now I'm looking for the appropriate parts to build it up.
Likes For robertorolfo:
#30
Senior Member
Join Date: May 2014
Location: Cleveland, Ohio
Posts: 2,122
Mentioned: 20 Post(s)
Tagged: 0 Thread(s)
Quoted: 243 Post(s)
Liked 172 Times
in
110 Posts
I am home for 6 weeks now.
I am buying, fixing and reselling bikes, for the last 8 years. The money from the bikes were not a lot but were helping in paying different expenses, like college apartment rental or so.
But it is funny to fix bikes and a quite time also.
Over winter I buy cheap bikes and fix them, so in spring I have maybe 20...25 ready to go.
This year was different.
After March 20th was a explossion of sales.
I sold more than 60 bikes in 6 weeks, with prices over 120$ to 600$. Maybe 3...4 were sold for around 100. Many bikes, maybe 25% were sold in the first day of posting online.
Less than 10 were shipped, the rest were sold local.
The worst was to buy a bike. If a good bike at a decent price was for sale, it was sold in the next 10 minutes.
I was travelling 2 hours to buy 2...3 better bikes.
Two times, when I arrived at the seller, the bike was sold. But was close to my house.
Probably the mechanics from bike shops were out of job too, because a lot of new "dealers" showed on the market.
Now it looks to be calm. No good bikes on the market, at resonable prices.
I am calm too. I have left 5...6 bikes, good quality, not in a hurry to sell, not too much money invested in them
The garage is emty too.
And the coming week, probably Monday i will be back to work.
BUT, I will keep my eyes open for any opportunities to buy a cheap, quality bike.
I am buying, fixing and reselling bikes, for the last 8 years. The money from the bikes were not a lot but were helping in paying different expenses, like college apartment rental or so.
But it is funny to fix bikes and a quite time also.
Over winter I buy cheap bikes and fix them, so in spring I have maybe 20...25 ready to go.
This year was different.
After March 20th was a explossion of sales.
I sold more than 60 bikes in 6 weeks, with prices over 120$ to 600$. Maybe 3...4 were sold for around 100. Many bikes, maybe 25% were sold in the first day of posting online.
Less than 10 were shipped, the rest were sold local.
The worst was to buy a bike. If a good bike at a decent price was for sale, it was sold in the next 10 minutes.
I was travelling 2 hours to buy 2...3 better bikes.
Two times, when I arrived at the seller, the bike was sold. But was close to my house.
Probably the mechanics from bike shops were out of job too, because a lot of new "dealers" showed on the market.
Now it looks to be calm. No good bikes on the market, at resonable prices.
I am calm too. I have left 5...6 bikes, good quality, not in a hurry to sell, not too much money invested in them
The garage is emty too.
And the coming week, probably Monday i will be back to work.
BUT, I will keep my eyes open for any opportunities to buy a cheap, quality bike.
__________________
1992 Torelli Nitro Express; 1972 Claud Butler.
1992 Torelli Nitro Express; 1972 Claud Butler.
Likes For marius.suiram:
#31
Senior Member
Join Date: Oct 2006
Location: Cleveland,Ohio
Posts: 2,766
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 5 Post(s)
Likes: 0
Liked 5 Times
in
5 Posts
About 8-10 years ago I was pretty active but started winding down about 5 years ago. Got to the point where I might help a coworker, friend or neighbor find something or would finish up something that has been in the garage/basement for a time waiting for the right rider to come along. Cheap garage sale and CL bikes sort of dried up and hd reached my goal of paying for the bike items wanted by myself and my family. TIme is better spent riding than wrenching.
Had a lot of fun while I was doing it. The searching and conversations at garage sales, bringing a bike back from the dead. Great memories of high quality rides and some low quality junk that was just fun or fit a specific cycling need.
Trying to go through and organize the parts and bikes that are left to start getting the it moved along in the next 12-18 months. Have mostly better quality stuff left. 4 pickup truck loads of the cheaper and run of the mill items were donated about 4 years ago to the local bike coop.
Had a lot of fun while I was doing it. The searching and conversations at garage sales, bringing a bike back from the dead. Great memories of high quality rides and some low quality junk that was just fun or fit a specific cycling need.
Trying to go through and organize the parts and bikes that are left to start getting the it moved along in the next 12-18 months. Have mostly better quality stuff left. 4 pickup truck loads of the cheaper and run of the mill items were donated about 4 years ago to the local bike coop.
Likes For sonatageek:
#32
Senior Member
Sold 2 bikes through Marketplace today. Both buyers handed me the cash and loaded up without even looking the bikes over. Big Box stores are completely sold out so people are looking for cheap bikes.
__________________
Be where your feet are.......Lisa Bluder
Be where your feet are.......Lisa Bluder
Likes For r0ckh0und:
#33
missing in action
Join Date: Nov 2007
Posts: 4,483
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 42 Post(s)
Liked 49 Times
in
29 Posts
Your situation parallels my own history pretty closely. I had given up on my low volume flipping a number of years ago, and was having a hard time unloading anything at a break-even price until covid struck. Now I’m seeing dozens of new cyclists every time I leave the house, and the last few bikes I’ve sold were gone within hours.
I’m taking advantage of the situation to reclaim some space in the garage, and won’t be flipping after I’ve unloaded the last 4 or 5 that I have. Unfortunately I’m not seeing the same enthusiasm for more expensive bikes, and that’s the bulk of my stock right now. Seems like almost anything under $500 is a quick sale in my neighborhood.
I’m taking advantage of the situation to reclaim some space in the garage, and won’t be flipping after I’ve unloaded the last 4 or 5 that I have. Unfortunately I’m not seeing the same enthusiasm for more expensive bikes, and that’s the bulk of my stock right now. Seems like almost anything under $500 is a quick sale in my neighborhood.
About 8-10 years ago I was pretty active but started winding down about 5 years ago. Got to the point where I might help a coworker, friend or neighbor find something or would finish up something that has been in the garage/basement for a time waiting for the right rider to come along. Cheap garage sale and CL bikes sort of dried up and hd reached my goal of paying for the bike items wanted by myself and my family. TIme is better spent riding than wrenching.
Had a lot of fun while I was doing it. The searching and conversations at garage sales, bringing a bike back from the dead. Great memories of high quality rides and some low quality junk that was just fun or fit a specific cycling need.
Trying to go through and organize the parts and bikes that are left to start getting the it moved along in the next 12-18 months. Have mostly better quality stuff left. 4 pickup truck loads of the cheaper and run of the mill items were donated about 4 years ago to the local bike coop.
Had a lot of fun while I was doing it. The searching and conversations at garage sales, bringing a bike back from the dead. Great memories of high quality rides and some low quality junk that was just fun or fit a specific cycling need.
Trying to go through and organize the parts and bikes that are left to start getting the it moved along in the next 12-18 months. Have mostly better quality stuff left. 4 pickup truck loads of the cheaper and run of the mill items were donated about 4 years ago to the local bike coop.
#34
missing in action
Join Date: Nov 2007
Posts: 4,483
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 42 Post(s)
Liked 49 Times
in
29 Posts
Now that I think about it, I’ve also had a lot of luck selling ANYTHING second hand lately. Maybe because the few folks who are still earning money have fewer places to spend it? I gotta hurry up and get a few guitars listed...
#35
Senior Member
Join Date: Sep 2019
Location: Cincinnati, OH
Posts: 655
Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 189 Post(s)
Liked 473 Times
in
200 Posts
About 8-10 years ago I was pretty active but started winding down about 5 years ago. Got to the point where I might help a coworker, friend or neighbor find something or would finish up something that has been in the garage/basement for a time waiting for the right rider to come along. Cheap garage sale and CL bikes sort of dried up and hd reached my goal of paying for the bike items wanted by myself and my family. TIme is better spent riding than wrenching.
Had a lot of fun while I was doing it. The searching and conversations at garage sales, bringing a bike back from the dead. Great memories of high quality rides and some low quality junk that was just fun or fit a specific cycling need.
Trying to go through and organize the parts and bikes that are left to start getting the it moved along in the next 12-18 months. Have mostly better quality stuff left. 4 pickup truck loads of the cheaper and run of the mill items were donated about 4 years ago to the local bike coop.
Had a lot of fun while I was doing it. The searching and conversations at garage sales, bringing a bike back from the dead. Great memories of high quality rides and some low quality junk that was just fun or fit a specific cycling need.
Trying to go through and organize the parts and bikes that are left to start getting the it moved along in the next 12-18 months. Have mostly better quality stuff left. 4 pickup truck loads of the cheaper and run of the mill items were donated about 4 years ago to the local bike coop.
#36
Senior Member
Join Date: Jul 2017
Location: Queens, NY for now...
Posts: 1,515
Bikes: 82 Lotus Unique, 86 Lotus Legend, 88 Basso Loto, 88 Basso PR, 89 Basso PR, 96 Bianchi CDI, 2013 Deda Aegis, 2019 Basso Diamante SV
Mentioned: 46 Post(s)
Tagged: 0 Thread(s)
Quoted: 943 Post(s)
Liked 172 Times
in
113 Posts
This was the scene outside my LBS just a few hours ago. Pretty crazy...
Likes For robertorolfo:
#37
Senior Member
I have 3-4 that I will eventually get around to selling. One is a tandem that I can't get anyone to join me in riding. A couple are bikes that are my daughter's that aren't getting ridden because she is riding higher quality bikes. I have given away more in the last year than I have sold.
#39
Senior Member
Join Date: Jul 2017
Location: Queens, NY for now...
Posts: 1,515
Bikes: 82 Lotus Unique, 86 Lotus Legend, 88 Basso Loto, 88 Basso PR, 89 Basso PR, 96 Bianchi CDI, 2013 Deda Aegis, 2019 Basso Diamante SV
Mentioned: 46 Post(s)
Tagged: 0 Thread(s)
Quoted: 943 Post(s)
Liked 172 Times
in
113 Posts
#40
Senior Member
Join Date: Sep 2019
Location: Cincinnati, OH
Posts: 655
Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 189 Post(s)
Liked 473 Times
in
200 Posts
Always handy to have a couple around, if you have space. I'm still on the importer side of things and so always seem to have a box handy. Some shops here will save you a box and the packing supplies, some charge $15 for a box.
Likes For alexihnen:
#41
Steele is Real
Join Date: Oct 2018
Location: Rowlett, Tx
Posts: 158
Bikes: 86 De Rosa Pro, 79 Gazelle Champion Mondial, 72 Nishiki Professional, 71 Peugeot PX-10
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 50 Post(s)
Liked 36 Times
in
23 Posts
I've been doing very well buying, repairing, and reselling. i've just been patient on the types of bikes worth getting and that has paid off significantly. Since the shops are getting slammed it's pretty much an open market. I'm here to help!!Stay safe all!
Likes For hwheel72: