Did I get taken on first purchase?- Mtbr.com
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  1. #1

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    Did I get taken on first purchase?

    First post, so.... Hey All!!!

    Here's the scoop: Total beginer who's gonna do mainly inner-city commutes w/some light trail riding this season. Didn't want to drop big coin, yet wanted to something quality. My buddy has a GT and recommend one highly. However, when I found out they (GT) were in trouble, the same bud said check out Cannondale; that's what he was now in the market for. So, going to the same shop he recommended, the Cannondales were out of my price range ($500 and below). The very nice guy at the store then pointed out a Giant Iguana. Nice looking bike, I thought (the red and white one). He said it wasn't a 2004 and because of this, it was in my price range. I took it for a spin and felt great - smooth, light, sturdy, quiet. All for the low/low price of $467.00. No prob. I thought, within my range and a decent bike.

    But, when I got home, I checked on-line only to find out it was a 2002. This didn't bug me so much 'cause the bike looks and feels great, but just wondering if a two year old bike should have more off the MSRP than $30.00?

    Plus, this may have given me some haggling leverage.

    He did knock off 25% some new tires, though. So, maybe it's a wash.

  2. #2
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    Reputation: Fuelish's Avatar
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    I wouldn't say "taken," per se...perhaps the shop could've discounted a little more, beings that it's an '02, and all, but, what the heck - you got a new bike, sounds like you're satisfied with it, and, as I understand it, Giants offer great value for the $$$. Don't sweat it at this point - just enjoy your new ride and worry about "haggling" in the future, when you get the "gotta upgrade to new bike" bug....I find it interesting that, at least in the case of my bike, that the MSRP of the '01 Fuel 90's (mine) was the same as the MSRP is now on the '04 Fuel 90's.
    Go figure...LOL...I was lucky, in that the shop I bought from had an online coupon ($50, $75, something like that) which they let me combine with a one-day only 10% storewide discount sale, so I got what I felt was a decent price with no haggling/bargaining/sales BS involved

  3. #3

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    i'm far from an expert, but for what it's worth I just got my 2002 Marin Hawk Hill (retail was $460) for $240 shipped on ebay.

  4. #4

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    Nico...

    Quote Originally Posted by nico
    i'm far from an expert, but for what it's worth I just got my 2002 Marin Hawk Hill (retail was $460) for $240 shipped on ebay.

    Nice. Is it fresh out outa the box, brand-spankin' new? Or, did it come included w/scratches, etc.?

    My e-bay experiences have been far from stellar, so I only trust what I can see, touch, and ride first hand.

  5. #5

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    You need to learn how to NEGOCIATE

    Quote Originally Posted by indyboy
    First post, so.... Hey All!!!

    Here's the scoop: Total beginer who's gonna do mainly inner-city commutes w/some light trail riding this season. Didn't want to drop big coin, yet wanted to something quality. My buddy has a GT and recommend one highly. However, when I found out they (GT) were in trouble, the same bud said check out Cannondale; that's what he was now in the market for. So, going to the same shop he recommended, the Cannondales were out of my price range ($500 and below). The very nice guy at the store then pointed out a Giant Iguana. Nice looking bike, I thought (the red and white one). He said it wasn't a 2004 and because of this, it was in my price range. I took it for a spin and felt great - smooth, light, sturdy, quiet. All for the low/low price of $467.00. No prob. I thought, within my range and a decent bike.

    But, when I got home, I checked on-line only to find out it was a 2002. This didn't bug me so much 'cause the bike looks and feels great, but just wondering if a two year old bike should have more off the MSRP than $30.00?

    Plus, this may have given me some haggling leverage.

    He did knock off 25% some new tires, though. So, maybe it's a wash.
    Well, you didn't exactly make a great deal, but you didn't really eat-it bad either..
    By the way, why did you get some new tires? Did you get to keep the orginals and just paid 25% off the price for some extra tires.
    If you just got an extra set of tires.........who talked you into getting them and why?
    Getting 25% off the extra set of tires is just OK .....IF you really needed them and IF they were a good tire to get. From the sounds of it, you wouldn't know a good tire from a bad one, so I am a bit concerned why you got some extra tires.

    At any rate, the tires are a completelys separate matter.

    As for the price of the bike.........here is what others paid....(note some are in other currency like Australian)

    http://www.mtbr.com/reviews/2002_Har...ct_85168.shtml

    You need to take this as a valuable lesson for some time in the future when you will be purchasing a car or a home.....You MUST have a well thought out plan before you walk into a store. If you don't then after seeing what you want, leave the store and go outside to plan your buying tactics.. Remember, you are the one with the cash....and as long as its in your wallet, you are 100% in charge. Keep your receipt and hang it on your wall for the next 5 years until this lesson is well entrenched in your mind. This time it didn't cost you much but on a car purchase it could cost you thousands of dollars.
    Or you can just blow off this lesson and take it in the shorts on some big purchase in the future. You have to hold your cards close to the vest when you walk in.....and always have a price in mind. Go to the book store and find a book on "negociation" or go spend a few years in Asia where everything is negociated.... Americans are like little kids when it comes to negociating.

    Now......as for your present deal, I think there is still room for you to recoupe some of what might be termed an "over-payment".... This is not a huge deal, so you can decide if you want to pursue it. I wouldn't have offered to pay over $400 for the bike, but of course I would have played like I didn't know it was 2002 but thought it was a 2003 model.....
    You should have bargained the thought-to-be 2003 price down to about $450 max and then at the last moment asked "So this is a 2003 model, right?".......then he would have had to tell you it was really a 2002 and you would look all stunned and dejected......and become uninterested.....finally coming up with a $400 max price for such a "old" bike...
    They would want to unload it so they would have snapped up the $400.
    In 2001 I bought a 2000 Rock Hopper Pro msrp $829 for $599 being 1 year old. It really depends on how many people want that model.

    Here is what you could do now.....
    Go back to the store and act mildly shocked and saddened that you found out it was a 2002 when you were led to believe (or just assumed it was a 2003) and that you really think a fair adjustment is in order and that you should have been told up front that it was really 2 years old...
    Then say, you would have never offered more than 80% of list price for a 2 year old bike.
    Say, gosh, thats only 20% off for a 2 year old closeout model....
    Play it up a little and have in mind, a price you are willing to settle for......
    For example if they are playing along with your story instead of just being hardnosed, then try for the $100 but if its getting tough......ask them what they feel is fair....
    If they say they'll do another -$30 bucks you can either take it or suggest they meet you half way between $400 and $437.....for $418.50 giving you a refund of $49 ....

    I'd do it......We're not talking about big bucks here, no matter what happens, but I just enjoy negociating....over anything and everything....
    If they aren't willing to negociate much at all, then try for something free from the shop since it only costs them about half price.....Like some tubes or something...

    Oh well, next time you won't ask so fast.....

    But all in all you got a bike which is probably just as good as the 04 model and you will enjoy it... I just have a thing for eeking out the last dollar on a deal.
    In the future always check on MTBR review to see what others have paid.

    Like I said though, don't beat yourself up over this as this is very very small potatoes....with only $50 to $75 bucks at stake.........Well worth it if you keep this in your mind for the next 20 years as a lesson on how to plan and negociate EVERYTHING...... Buy that paperback, I suggested and throughout your life this $50 mistake will pay you dividends a hundred times over........well worth the lesson.

    Good luck....let us know if you get $25 to $67 back.....Go for it

  6. #6
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    I bought my son a red Iguana last summer. It itís a 2003 model. Are you sure the one you have is the 2002 (the 2002 model has mostly white toward the rear of the bike and turns to red at the front)? Even so, $467 is far from being taken even for the 2002 and the 2002 is actually comparable to the 2004 model they were selling at the beginning of the season. Giant has a history of making changes during the middle of the year as they have this year. The 2004 Iguana you see right now was not on their site a few weeks ago and that that they were selling since last fall. I saw one of the ones you see now in my LBS recently and checked to see. They used to have a 2004 Iguana and a 2004 Iguana Disc. The Disc model was being shipped with the Manitou Six fork. Now they all come with the Pilot C fork and disc brakes and there is only one model shown, but they also now sell for $599.

    At any rate, you bought a good bike for a fair price (even if itís a 2002 instead of a 2003) and the frame is worthy of some minor upgrades down the road. As for your LBS possibly misrepresenting the year your bike was produced, that would be of some concern, but if itís a good bike, itís a good bike regardless of whether itís a 2002 or 2003.

  7. #7
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    The new tire thing is kind of puzzling to me too if you indeed have the 2002. The 02 came with Panaracer Fire XCís, which are decent tires for most areas. If you have the 2003, it came with Hutchinson Scorpions, which are not everybodyís cup of tea and may have warranted a swap.

  8. #8

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    Holy crap...

    Great responses, guys!!! Thanks tons!

    I definitely don't feel so bad after coming here and reading some of the reviews on this bike.

    It's definitely the 02 w/the red front and white rear. A nice looking bike, for sure.

    The tire thing was actually my idea. Bare w/me as I don't know the specifics on names, brands, and types just yet, but upon making the purchase I informed the guy that I'd be doing mostly inner-city stuff and inquired about a hybrid-type (?) tire. He had one of the techs show me an assortment and went with one of his recommendations. Don't remember the name of it but I know it's reinforced on the sides, fairly smooth down the middle, w/knobs on the outer edges. They were going for $37.00 a pop....got em' for $27.00. Old ones came w/me. Because it'll see more ashpalt than dirt, I'm comfortable with this one.

    I'll toss in a comment when I go back for my 10 hour tune up and see where it gets me.

    Great advice, guys.

    Really glad I found this site.

    Hell, I even put a rear rack on it to make it more of an urban-assault-vehicle.

  9. #9

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    Quote Originally Posted by indyboy
    Nice. Is it fresh out outa the box, brand-spankin' new? Or, did it come included w/scratches, etc.?

    My e-bay experiences have been far from stellar, so I only trust what I can see, touch, and ride first hand.
    It was exactly as advertised. Came to my door in the original Marin box and didn't appear to have been opened. I had planned on paying $330 at an LBS for a Specialized Hardrock Comp (I would have had to order it anyway because I needed a 13" frame), but considering the components, the Marin was an offer I couldn't refuse. The people I bought it from (it's an ebay business) have something like 99.9% positive feedback out of 30k transactions so expected them to be pretty credible.

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