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what would you do?(7 posts)

what would you do?blownpupil
Oct 14, 2003 10:53 AM
Picture this:
The most beautiful "museum quality" road frame (Italian steel, early 90's, never built up, dream color) has been hanging in your local bike shop for as long as you can remember. You've always liked it, but always wound up buying something else. You now find out it's your size!Despite owning "too many bikes" (as per your wife) already, you finally ask the shop owner what's up with that frame up there?
His response: Someone purchased it for $X for her husband 4 or 5(!) years ago, and was paying it off in installments. The last $50 installment was made 2 years ago (!), and the person has not been heard from since, and has not responded to LBS attempts to contact her. The receipt with about four installment payments was shown to me. The frame is about half paid for. You wonder if the person still wants it, needs it, or even remembers it?
My predicament: I must have that frame. It's been calling me ever since I first saw it hanging there in the shop. I will sell other bikes to make room for it. I can easily afford it.
Should I:
1. Tell the shop I want to buy it for the original price? The shop gets to keep the original money it collected unless the buyer someday shows up again.

2. Tell the shop I'll pay the remainder of the balance? The shop keeps the original payments because the buyer abandoned the frame (remember, it's been 2 years) Personally I like this, but am not sure it's legal or ethical.

3. Make my own offer on the frame (low ball) and the shop gets to build it up, so they have a financial incentive. Consider the frame abandoned and fair game.

4. Listen to my wife. I already have enough bikes (nah)

Let's hear your opinions.
It's up to the shop (nm)spluti
Oct 14, 2003 11:02 AM
Tell them you know the original purchaser. She died.Spunout
Oct 14, 2003 11:12 AM
How unfortunate! But, by paying the remainder of the account you will make amends to her survivors. If you are good with the story, maybe they'll sink a record headset and BB into it for you while dusting it off.
I was thinking they might have divorced before it was paid off.nmStraightblock
Oct 14, 2003 12:56 PM
Ask the shop how much they want for it.dzrider
Oct 14, 2003 11:15 AM
They hold the cards, know what you know, and have an investment in your good will. I can't imagine any other tactic being more likely to get you what you want. Boy will your wife be happy to see 2 bikes leaving to make room for 1.
sounds like a good sales tactictarwheel
Oct 14, 2003 11:35 AM
Like the artist who marks a painting "Not For Sale" at an exhibit. That's always the painting that everyone wants to buy. Then some sucker comes along and says, "I'll give $XXX more."
re: what would you do?gybeho
Oct 14, 2003 4:49 PM
Make the shop a lowball offer and bring a 12 pack of good beer. That would work in my shop.