Last week I was at U of Iowa Surplus because... well.. that is what I do. They sometimes bring in a bunch of bikes and sell them off cheap. They are bikes that were vandalized or abandoned. Or they were taken for being locked to a sign or a rail. They are usually not worth anything because people reclaim the decent ones. On this day there were a bunch of nice ones. I got one for Tim for $15 and one for Alex for $9. Tim's is just like brand new. Alex's is not in as good shape, but it is a really good Specialized frame with nice equipment. Probably a $300 bike new. Their old bikes were in good shape, but the hardware on them was crappy and the shifters and brakes were all messed up. I hated to throw them out since the frames and wheels/tires were like new, but the hardware for them would cost more then a new bike. The kids are really happy with them.
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