We at the GBP like to think we keep our eyes open for good deals and we found a doosey this week. We've picked up a Trek 1200 road bike that has only 500 miles on it! If you're not familiar with the 1200, you're missing out. This is the exact same bike that 2/3 of the GBP officers ride (the other rides a specialized, but we don't hold it against her... much). The bike is a 50cm frame and features a carbon fiber fork and seat post. Needless to say, this bike is LIGHT. If you're looking for a bike to race or use for a triathlon, this is your bike. The best part is that even though this bike is almost new, we're asking 1/2 the wholesale price, $450. This bike is available by appointment or at the shop on Saturday.
Update: At least 1 commenter has complained that the posted price is above the purchase price. Here's why. This bike was purchased in used condition from craig's list for $300. The bike will be cleaned, repaired, and tested which will take the mechanic between 1 and 2 hours, $20-40 of mechanic time. The bike must also be marked up $20 for each week it will sit in the shop to pay the rent, utilities, and other costs (these are called holding costs). I anticipate a holding time of 2 weeks. Finally, all parts and the repair time must be added. As we haven't gotten it tested throughly yet we don't know what's needed. The most common problem with these bikes is wear on the chain and cassette. The replacement of both will run $50-$60 if it's necessary. This means our cost is between $360 and $440 for this bike. With coupons and trade in credits, it's possible to buy this bike at a price well below even our lowest cost estimate.
Welcome to the GBP Blog
This is the Blog associated with our main website TheGreenBicycleProject.org
The GBP has merged with Damn Good Bikes LLC. Please visit the new blog for more recent updates.
We are the GBP. Our mission is to keep bikes on the road and thus keep cars off. We call this “Bikecycling”; that’s recycling, but for bikes. The concept is simple. Take a bike that’s no longer wanted, broken, or even bound for a landfill and apply a bit of knowhow and a lot of elbow grease and you get a bike that can last someone for years. These bikecycled bikes are sold at a price that covers only our costs in repairing them so as to provide bicycles at the lowest cost possible. All of our bikes are repaired and tuned by a mechanic so that from the moment you pick them up they are ready to hit the road. Take a look below for our current project bikes and completed rides.
Location:
We are located in the US Storage facility at Capital Circle NE and Mahan Rd. While have moved into our new store, we are in the same complex. To get there follow the road through the complex, around the 90 degree bend and make the first left (at the tree). We'll be the first store front on your right. Sound complex? The best way to find us is to follow the bikes!
Buying our bikes:
Please visit our main website at thegreenbicycleproject.org for information about buying our bikes. You may also email us at Thegreenbicycleproject@gmail.com.
The GBP has merged with Damn Good Bikes LLC. Please visit the new blog for more recent updates.
We are the GBP. Our mission is to keep bikes on the road and thus keep cars off. We call this “Bikecycling”; that’s recycling, but for bikes. The concept is simple. Take a bike that’s no longer wanted, broken, or even bound for a landfill and apply a bit of knowhow and a lot of elbow grease and you get a bike that can last someone for years. These bikecycled bikes are sold at a price that covers only our costs in repairing them so as to provide bicycles at the lowest cost possible. All of our bikes are repaired and tuned by a mechanic so that from the moment you pick them up they are ready to hit the road. Take a look below for our current project bikes and completed rides.
Location:
We are located in the US Storage facility at Capital Circle NE and Mahan Rd. While have moved into our new store, we are in the same complex. To get there follow the road through the complex, around the 90 degree bend and make the first left (at the tree). We'll be the first store front on your right. Sound complex? The best way to find us is to follow the bikes!
Buying our bikes:
Please visit our main website at thegreenbicycleproject.org for information about buying our bikes. You may also email us at Thegreenbicycleproject@gmail.com.
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4 comments:
I hope my update satisfactorily explains why the difference in purchase price and sale price.
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