people keep bandying about this £250 figure for full builds.
how does that work?
let's say cheap and shit as it gets:
frame - £70 (i.e the Bob J i got off ebay, not the Bob J i got off Bob J, which costs £340, or £400 depending where you get it)
stem - £10 (cheapo moser i got from a box, not the cinelli that cost £20)
bars - £15 (old alux madisons, not criteriums or nitto)
BB - £15 (miche, not centaur or anythign slightly better)
wheelset - £120 (OTP, and cheap even then, most people don't build wheels)
seatpost - £10 (cheap alloy thing)
saddle - £20 (not a rolls, or regal, or brooks, a veritable assripper)
brake caliper - £15 (not a 105)
lever - £15 (dirty harry)
cable bits - £5
bar tape - £5 (not cinelli cork or fatwrap, nasty stuff)
chainring - £20 (somethign mega shit, certainly not campag or sugino)
cranks - £50 (see above)
pedals - £10
even if you come in cheaper on the drivetrain, this £250 is a bit of a myth, and bikes sold for that are generally sold at a loss to the chap/lady who put it together.
then you ride it and parts deteriorate, what is being said in this case is that the frame is not worth 70, no matter what he payed for it, and the other components aren't worth their new value, much less the excessive price charged by BLB for them. i would say this complete is worth around 250-300, depending on what the frame actually is, then you should be slapped for mislabeling it. (i know the OP did not, so some one slap BLB)
then you ride it and parts deteriorate, what is being said in this case is that the frame is not worth 70, no matter what he payed for it, and the other components aren't worth their new value, much less the excessive price charged by BLB for them. i would say this complete is worth around 250-300, depending on what the frame actually is, then you should be slapped for mislabeling it. (i know the OP did not, so some one slap BLB)