Re: [CR] Buying on the cheap.

(Example: Bike Shops:R.E.W. Reynolds)

Date: Mon, 18 Jan 2010 13:42:34 -0500
From: "Harvey Sachs" <hmsachs@verizon.net>
To: Classic Rendezvous <classicrendezvous@bikelist.org>, <jgallen@lexairinc.com>
Subject: Re: [CR] Buying on the cheap.


http://washingtondc.craigslist.org/doc/bik/1558076989.html size 48 Schwinn Parmount chrome 10 speed - $125 (Oxon Hill).

I suggested that he not sell for < $700, might go for much more on eBay. hate it when stuff just gets flipped.

but I could be wrong.

Harvey Sachs mcLean va

Date: Mon, 18 Jan 2010 10:00:58 -0500 From: James G Allen <jgallen@lexairinc.com> Subject: Re: [CR] ebay outing: eisentraut touring bike now buying on the cheap To: Classic Rendezvous <classicrendezvous@bikelist.org> Message-ID: <4B5477AA.8060108@lexairinc.com> Content-Type: text/plain; charset="ISO-8859-1"; format=flowed

No offense to Earle. What he describes is done all the time and considered proper. However, I feel queasy about buying items way below their market value. I don't mind getting bargains, mind you. But there are times when sellers have no idea as to the value of their items and to pay them pennies on the dollars just seems wrong to me. There is a lot of authentic Shaker furniture in my area and I personally know of occurrences where dealers have gone to the homes of elderly people and bought their Shaker furniture for next to nothing.. When they are offered $500 for a chest of drawers they think they've hit the lottery when, in fact, they've been totally scammed. There have been many times on Ebay when I have tried to inform an uneducated seller about the value of their item even if I intend on bidding for it. Many times I have seen bikes being sold by the family members of the recently deceased original owner. Usually, these people have no clue as to the value of the bike. I just have a problem taking advantage of their ignorance. If someone is getting a really, really good deal on something then someone else is probably getting the shaft. Just my 2 cents.

George Allen
Lexington, KY
USA