Maelochs

As a person who has done it a few times, I can say that unless you have two or three years to shop, you will not save any money buying individual components.

You will end up buying old stuff, or used stuff, some of which might not work perfectly or might not last too long.

You will need incredible patience and a ton of time to constantly be scanning Ebay and Amazon and the returned/clearance pages of every site that sells bike parts ... and still generally won't be able to beat the price of a manufacturer who buys 10,000 lots of each component group.

You will need to buy a full tool kit, which of course you will keep forever ... except that sometimes you will find that cassette keys, BB tools, headset tools, crank pin keys, and freewheel/cluster tools changer from year to year and bike to bike. As rule whichever one you don't have is the one you need.

I built three of my four bikes from basically frame and fork ... wheels, tires, brifters (converted from downtube shifters on two) brakes, headset, seat post and saddle, stem and bars, cold-setting one frame, bottom bracket, cranks/chainrings, derailleurs, cassettes/ freewheels .... I like to do it, but it sure didn't save me any money.

For a first bike i'd buy something modern and reliable---mostly because dual-pivot brakes, brifters, and 7-11-speed gearing make riding sdo much less demanding (spoken by someone who thoroughly mastered the arcane art of non-indexed downtube shifting in the dark.)

If this guy can afford a Cad-12 ... he might as well buy a pawnshop/thriftstore bike to rebuild in his spare time .. money sure ain't an object.

Jddean

That’s pretty cheap I think

PeteHski

Where I live it's usually more expensive to buy used parts vs a whole used bike.

Trakhak

Six-year-old zombie thread revived by someone probably trying to accumulate posts to hit the 10-post requirement.

Koyote

It'd be over $6k, actually.

mcours2006

I don't even remember posting this. LOL, but I probably chose 7.2% because of the rule of 72, meaning the number of years it takes for an investment to double is 72 divided by annual rate of return. So ten years.

Zombie thread indeed.

Gunther20

How do you get 6k? Using the Rule of 72 - Starting with $500 at 7.2% in 10 years it's $1000, in 20 years it's $2000, and in 30 years it's $4000

Koyote

Rule of 72 is a quick 'back of the envelope' estimate. It's not precise.

Calculating the Future Value of $500, at 7.2% annual interest over 36 years, gives $6,109.17. Even that is on the low side, as it assumes that the interest is paid 1x per year, when in reality an investment's returns typically compound daily.

indyfabz

Fo’ shizzle.

Five posts in 2 minutes.

Gunther20

yes that's true for 36 years but you needed to calculate for 30 years

Koyote

Ah, yes. I meant it'd be $6100 now.