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Bought: $45
Sold: $100
Profit: $55
The extra benefit is that it was sold fairly locally -- someone in Illinois saw I was selling it on Facebook and asked if I'd be willing to ship it cheaply. I was, and so made an easy and tidy profit.
So here's the lesson -- if you start to feel comfortable with repairs, and can recognize the telltale signs of easy fixes, you can easily make some money. I don't want to say it's on others' misfortunes, as people find themselves with non-responsive pedals, but I often offer to repair pedals, and the cost of labor that most companies would charge is more than the profit I'm making. Folks don't know how to fix pedals and want to make some money by selling it at a relatively deep discount.
I'm happy to oblige!
~C
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