Agreed, $60 profit isn't worth your time and the potential headaches. Probably even less profit then you think. How many hours does it take you to build one? How many $ would you make an hour if you sell for that price? Will you make more then working at a fast food joint? Doubtfull...
I build my bikes for fun, to ride
and to potentially sell. I do the best job I possibly can so that I and others feel safe on the thing. It takes me
way too long to do it "right", I price the bike accordingly high because of that. I still make a lot less on it (per hour) then I make at my not so well paying regular job, but thats ok, it's a hobby. A high price at least keeps "kids" and other potentially non responsible people (ie lost drivers license etc) away. If sold I want the bike to get into the hands of somebody technically inclined who will ride it responsibly and do proper maintenance, understand that it is just a "chinese" kit and fix it himself without complaining when something brakes. If I don't sell it-great! I have another bike to ride around
There is an older motorized raleigh in the city not far from here that has been up for sale on kijiji for the last 2 months. It looks shoddy (ie slapped a motor on a old bike, thats it), guy wants $200 (canadian$) for it (went down from 300 a month ago), it is
still for sale. These things don't exactly sell like hotcakes (not here anyway). I have thought about buying it just for the motor, but it's a 50cc and I prefer (and have good luck) with the 66's (80's).