Trying to buy K2 MOD5 ULTEGRA / DURA-ACE

bike2california

Hello! I'm new to the forum.

I've been riding 1981 Schwinn Le Tour that i bought in college back in 2013, but now that I've graduated I'm looking to buy a lighter bike since i bike 13 miles to work.

I found a K2 Mod5 ULTEGRA / DURA-ACE for $700 on craigslist.
I've checked out the bike and there were tiny bits of rust, tires were flat (probably not having air) and the chain needed some oil, but otherwise it looked like it was in good condition. But then again I am not very knowledgeable regarding bikes.
The seller told me it's about 2 years old and only have 100-200 miles on it. He also has brother candy 2 pedals.

I'm wondering if i am making a good choice buying this bike at this price. I'm on the fence since 700 is a lot considering I just graduated from college. However, would it be a good choice to buy it since I do plan on biking across the U.S.?

If you have any other recommendations, it would be awesome to hear them.

Thank you for your advice,
J

K2 Mod5 ULTEGRA / DURA-ACE
Images: http://images.craigslist.org/00Q0Q_ieI2nfcaOj2_600x450.jpg
http://images.craigslist.org/00d0d_fCgH3KinS7M_600x450.jpg
http://images.craigslist.org/00000_adFKV6CvePW_600x450.jpg
http://images.craigslist.org/00B0B_kVvGaRtmidz_600x450.jpg
http://images.craigslist.org/00n0n_1zVGtIPvMti_600x450.jpg
http://images.craigslist.org/00G0G_jGXZffEJBGD_600x450.jpg

DETAILS
Shifters and Brakes--> ULTEGRA
Front derailleur --> ULTEGRA
Back derailleur--> DURA-ACE

Closeouts. K2's MOD 5.0 road bike is a lighter-weight model for advanced riders. Upgrades from other cycles in the Mod series include higher quality components like Shimano Ultegra front derailleurs, brake levers, dual pivot brakes and shifters.
DRIVETRAIN
Shifters - Shimano Ultegra STI
Front Derailleur - Shimano Ultegra
Rear Derailleur - Shimano Dura-Ace
Crank - FSA Energy Compact Mega Exo, 34/50T
Cassette - Shimano 105, 12-25T, ten speed
Bottom Bracket - FSA Mega Exo, with external bearings
WHEELS
Wheelset - FSA RD-88
Tires - Kenda Kaliente, 700c x 23 mm, with folding beads and 120 tpi casing
FRAME SET
Frame - Reflex Mod - 7005 butted aluminum, with flat oval DCD carbon top tube and DCD carbon seatstays
Fork/Front Suspension - Dynamic Carbon Damping carbon fiber blades with aluminum steerer tube
Rear Suspension - N/A
Headset - IS-3, 1-1/8" internal style
COMPONENTS
Saddle - K2 Elite, with CrN/Ti rails
Seatpost - FSA SLK Carbon, 350 mm
Handlebar - FSA RD-300
Stem - FSA OS-150LX
Brake Levers - Shimano Ultegra STI
Brakes - Shimano Ultegra dual-pivot
Pedals - BROTHER CANDY 2
Weight: 18 lb. 12 oz.
Size (cm): M(52-54)

cougie

Ultegra has had cables under the tape for what five years or so now ? So it's not a 2 year old bike.

Does it fit you ?

It's probably stolen or something. I'd buy from a dealer personally. 105 is perfectly serviceable.

bike2california

@Cougie

Yeah i think you are right. The bike is 2006 but i think he said he has been using it for about 3 years.

It fits me nicely.

Still could you give an opinion on whether this is a good buy?

letap73

[url=http://www.bikeradar.com/forums/viewtopic.php?p=19681027#p19681027]bike2california[/url] wrote:

@Cougie

Yeah i think you are right. The bike is 2006 but i think he said he has been using it for about 3 years.

It fits me nicely.

Still could you give an opinion on whether this is a good buy?

Its okay value for money but not amazing - perosnally I think you should hold onto the other bike and save up money to buy a new bike from a reputable local bike shop.
I am not American so forgive me and I do not know who the reputable bike retailers are, however, I found this on my first search result:
http://www.jensonusa.com/Road-Bikes/Giant-Bikes-Defy-2-Bike-2014
It is a far better option than the bike you have looked at:
1. Brand new.
2. Covered by warranty.
3. Updated groupset.
4. Parts won't need replacing straightaway.