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If it sounds too good to be true

I just discovered yesterday, the new bike I was expecting to get next month (yes, the one I originally decided not to get, but then changed my mind because it was too good a deal to pass up), and which I already forked over $2,750 for, is no more.

The explanation is the financing for the new business fell through, and the partners in the business have parted ways. Tony, the principal promoter of the company and an ex-professional cyclist, claims all the money will be refunded by December 15th, and he is working on resurrecting the business in the near future.

I hope it works out for him, but I'm not going to hold my breath.  I'll just be happy if I get my $2,750 back.

But in the mean time, not only am I out a new bike, I just sold my spare bike, and now don't have a back up for emergencies, and replacing it is going to cost a lot more than $2,750. Plus I spent another $200 on a new set of wheels to replace the race wheels (which I was hoping to sell) the new bike was coming with. Fortunately I didn't buy the stem, handle bar and saddle yet.

[note]I actually do have an old aluminum bike I could use in a REAL emergency, but it does need some work, and after riding a carbon fiber for so long, going back to an aluminum bike won't be much fun.[/note]

It just irks me so much. A $7,000 [retail] bike for $2,750.  I should have known better. It truly was "too good to be true". But the sales pitch was good, and the cycling club was behind it. What could go wrong?

Now I know how the victims of Bernie Madoff must have felt.
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Comments

Gerry said…
I saw that one coming, as you said too good to be true! Just see the Turtle somebody you can count on.
6:25 AM
Becky said…
Yeah, not getting a back-up bike for your back-up bike, is definitely, like, totally the same as the "Elie Weisel Foundation for Humanity" losing 37 million to Madoff. I can totally see the Ponzai scheme writing on the wall, but you and those rose colored glasses.

Egad and your back-up bike is an aluminum bike? Oh, the inhumanity! This is an outrage. I will write to Santa immediately and pry a new bike out of an orphans grubby little arms if I have too.

Okay, I'm done now!
11:18 AM
Marc said…
OK, so I used some poetic license, but at least you're able to empathize with me. And your efforts with Santa are greatly appreciated as well. :)

Thanks!
1:35 PM
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