My LBS specializes in used bikes. And they do a roaring business! There are plenty of folks who would rather spend $300 on a good quality used bike than on a less reliable cheap new bike.
But the reverse is also true.
BTW, the LBS has a rack of "free" bikes. Mostly trade-in box-store bikes that they won't resell. And generally they look pretty new...



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I vote for adding the puking smilie!
). And that they could do better buying a used bike at a well reputed re-sale sporting goods store located a few blocks away. They discounted what I told them figuring I didn't know anything 'cause, you know, I'm a girl.
Then they I asked another associate (BTW clueless about bikes), who happened to be walking by, the same question right in front of me. He just told them what they wanted to hear. They were happy and bought the bikes they had been eye-balling. Oh, well; I tried.
