To restore or sell

[Lisetticamia]

Hello to all.
This is my first post and I can't wait to get answers from bicycle lovers.
So I bought this Peugeot Tourmalet in semi ruff state for $25. Needs new tires, tubes, tube tape, brake cables, front derailleur, handle bar tape, and brake grips. The frame cleaned up pretty well, and the rims are straight and there is no rust inside of them. I have the extra front derailleur, I can put the tubes, tires myself as well as the bar tape. So would it be worth spending around $70 for the tires and tubes or sell it as is without tires and tubes?

Any suggestions would help.

Thanks!

 

[bobcycles]

classic!
tough question.... let the experts chime in on this one...
incredible buy!

 

[cyclingday]

That's a cool bike for the road guys.
As is, is usually the way to go, if you plan on selling it.
If the new owner is someone who wants to ride a nice old road bike, then he or she will probably want to make the choices from here on out.
Welcome to the CABE, and thanks for bringing your interest here.

 

[Boris]

If you sell it as is for less than you would sell it fixed up, you'll probably make around the same amount in profit and you wouldn't have to do any work.

 

[anders1]

I say put new rubber on it and ride it. Nice looking classic bike. Keep us updated, and welcome to the CABE...

 

[Sven]

Refurbish ( not restore ) and ride

 

[Freqman1]

If I buy something like this to resell I do nothing to it. I think that any money/time spent is wasted and I don't have much of either to waste! V/r Shawn

 

[fattyre]

What is your end goal?


If its learning on how to work on bikes thats not a bad canidiate. Pretty standard stuff on that bike to learn from.

If its finding a bike to ride thats not a bad start, but you can certainly do better condition wise. 10 speed style bikes are cheap and plentiful.

If it "flipping" to make money, have at it. But thats a very tough road. Just spend some time monitoring Craigslist in any major city. Refurbished bikes like these routinely sit for months.

 

[Lisetticamia]

classic!
tough question.... let the experts chime in on this one...
incredible buy!

Thank you! If I do get it going I'll post after photos.

 

[Lisetticamia]

What is your end goal?


If its learning on how to work on bikes thats not a bad canidiate. Pretty standard stuff on that bike to learn from.

If its finding a bike to ride thats not a bad start, but you can certainly do better condition wise. 10 speed style bikes are cheap and plentiful.

If it "flipping" to make money, have at it. But thats a very tough road. Just spend some time monitoring Craigslist in any major city. Refurbished bikes like these routinely sit for months.

Thanks for the reply. I think i'm going to clean it up a little more and just place tires and tubes and ride it for a bit, then maybe sell it. I don't plan on making a profit, like you said these old road bikes tend to take long to sell. I just knew if I didn't pick it up at that garage sale it would have been trashed. Thanks again!!!!