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Want to buy bicycles from Alibaba

Discussion in 'Dropshipping & Wholesale Hookups' started by QuiGloriam, Nov 6, 2012.

  1. QuiGloriam

    QuiGloriam Regular Member

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    Location:
    Spain
    Want to buy this bikes: http://www.alibaba.com/product-tp/134328261/used_bicycles.html

    But, it's my first time.

    They seems really cheap, only $15. I can sell those bikes on Spain for even 60?.

    Some thing that I don't understand:

    Payment Terms, what those characters means?
    OEM package?
    Why is price form $9, I want them for $9!


    Also, http://us.sourcing.alibaba.com/barg...2857&pid=486940533&tracelog=bb_item_486940533
    Why this item is different?
    What bargain Buys means?
    There is no minimum order?

    I need some help with Alibaba, any tutorial out there?
    Want to stop spamming sites and start real business, thanks.
     
  2. ThreadKiller

    ThreadKiller Power Member

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    Here we go:
    The bikes are used. If you think that the bicycles you will get all will look like the ones on the pic. You are mistaken.

    Payment terms: L/C is letter of credit. This is something you work out with your bank. T/T is wire transfer.
    OEM

    OEM packaging in this context seems to mean: http://wiki.answers.com/Q/What_is_OEM_packaging , or it could mean that there is no branding on the boxes, if in fact they come in boxes.

    The price is FROM $9 because that is the lowest you get them for if you buy a lot more than the 550 minimum order (MOQ)

    Now expect to get raped on shipping cost. Those 550 bicycles need to go in a container, or in a partial container (LCL)

    As for your second item, why shouldn't the item be different? That is a new bicycle from China, not a second hand one from Japan. What do you mean?
     
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  3. cybergold

    cybergold Newbie

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    this fucking anti spam setting in the forum, deleted my post. so here again.

    LCs are tricky, better learn about them and ask at letterofcreditforum dot com
    (You could basically ask a third party inspector to sample the goods before they are shipped and confirm that they comply to a certain quality before the bank pays the seller).

    Cheap bikes (simple, sturdy, no shift gear, shock absorbers, lights) retail for about 350 Yuan here in China (I live here right now). "Giant" bikes cost at least 1200 Yuan, but the quality is lower. For one of the cheap bikes the frame broke on me and I had it soldered.

    EXW means INCOTERMS Ex Works, you will be responsible for shipping, insurance and import duties.
     
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  4. QuiGloriam

    QuiGloriam Regular Member

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    Thanks for your help, I'm already talking with a provider and almost ready to make the payment.

    I'm going to buy second hand bikes. I will try to update this thread with some news...
     
  5. hayesb2

    hayesb2 Newbie

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    Can you update us on how the bikes turned out?