Saturday, November 8, 2014

Who needs Walmart when you have a sure thing?

It's time once again to discuss another example of finding the illusive "sure thing" at the garage sales. Ahhhh yes, the sure thing! You know what I mean. In fact, you're probably smiling now just thinking about it. Nothing beats it, right? If you're like me, you get a garage sale "high" you when you find the sure thing. It's that special item you confidently know will earn you big bucks on Craigslist or eBay! In past blogs, I've gushed over various sure things including; jogging strollers, Legos, Coleman camping gear, baby gates and American Girl dolls. All stuff that's a stone-cold lock to make you big money! Well, I am happy to report this Dude's "sure thing" list has now grown with a new addition.

NOT this type of bike rack.
Are you ready? (Now would be a good time for a drum roll.) It's two words...bike rack! No, not those big metal monsters you use to chain your old Schwinn to at school. No, I am actually referring to the type that attaches to the back of a car so you can take your bike on trips. Not very exciting, right? Maybe not, but I can tell you those contraptions have earned me some serious dough over the last few years! Let me explain how the lowly bike rack made it on my sure thing list.

A few years back, my brother asked me to look for a bike rack for him. After many vacation trips hauling his bikes down the Jersey shore, his old bike rack had fallen apart. I told him I'd keep an eye out and shortly thereafter found a used "Thule" bike rack for only $40 bucks. Although it may sound like a lot of money, this was actually a pretty good deal. Thule bike racks are the most popular on the market and don't come cheap! Even at Walmart, where prices are suppose to be discounted, Thule bike racks sell in the range of two to four hundred dollars. That's a lot of dough for some metal tubes!

Thule Bike rack-buy low, sell high!
The Thule bike rack I found was a "hitch" style, meaning it plugged into a trailer hitch below the bumper. Feeling all proud that I'd scored my brother a highly desired Thule bike rack, I called to tell him the good news. But it turned out that my yard sale find was a big swing and a miss! Unfortunately, my brother didn't have a trailer hitch on his car, so my rack was of no use to him. He needed the "trunk" version which rests on the car's trunk and bumper to support the bike rack. I was bummed that I bought the wrong type, but got over it pretty fast when I realized I could flip the bike rack on Craigslist. A few days later, I posted my Thule bike rack on Craigslist for an impressive $100 bucks. It quickly sold at my full asking price! That's when it dawned on me....there was money to be made flipping bike racks!

Saris bike racks sell too!
Since then, I've always had bike racks on my BOLO list. While you won't find a bike rack every Saturday, you will come across them occasionally. Make sure you stick with the name brand racks, not some cheap, no-name brand. As my little story demonstrates, you'll never lose buying a Thule bike rack. On average, I snag them for five to ten dollars and sell them for $50 to $100. There's a few other brands that will make you money too. Recently I came across this space age looking bike rack by Saris. I paid ten dollars for it and flipped it on Craigslist for $50. Had I listed it on eBay, I could have potentially made $75 or more on it. But with it's big, bulky shape, I didn't want the hassle of finding a large box and dealing with all the related shipping costs and fees. It was much easier to go with Craigslist. I made a quick forty dollar profit and moved on to the next deal. You gotta love it!

From jogging strollers to Thule and Saris bike racks, the yard sale "sure thing" list gets longer and longer! What's your list of "sure thing" yard sale finds? Share them in the comment section below....




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6 comments:

  1. Oh good, a new thing to watch for!

    I think it was your blog some time in the past that suggested baby gates as a sure thing. I've flipped a whole bunch of those, so I thank you for the tip. Nearly always can buy nice ones for fifty cents or a buck and sell for $15 - 25 on C'list.

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    1. You're right, baby gates are also on the 'sure thing" list. I haven't score a good one for a while, probably why I forgot to mention it. Glad you've been albe to flip a few, though. Fifty cent gates flipped by the Queen of Fifty Cents...perfect! lol!

      Thanks for the reminder.....Dude!

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  2. I would not relish having to ship one of those contraptions to an ebay customer. How often do you do that?

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    1. Hey Linda-You are correct, it would be no fun at all trying to ship those monsters in the mail. I sell them on Craigslist-no fuss , muss and best of all, no eBay fees!

      Thanks for writing in...Dude!

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  3. So glad you shared this info. I've probably seen several of those at sales but had no idea what the heck it was. Now I won't pass them by :)

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    1. Kimberly-Glad you can use it. Just make sure it's a quality name brand bike rack. There's a lot of cheapies out there and you won't make any money re-selling those....Dude!

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