no bargain

no bargain

Not a great, beneficial, or worthwhile person or thing. The candidate's election will prove to be no bargain for his party's opponents in congress, many of whom are up for reelection in two years' time. The new house is OK, but it's no bargain compared to our last place.
See also: bargain, no
Farlex Dictionary of Idioms.

no bargain

n. not an especially good person or thing. This car gets me to work and back, but it’s no bargain.
See also: bargain, no
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions
See also:
  • tout (someone or something) as
  • tout as
  • vote a split ticket
  • stead
  • hold (someone) in good stead
  • be not what it's cracked up to be
  • no point in
  • (there's) no point (in) (doing something)
  • all it's cracked up to be
  • not what (something) is cracked up to be
References in periodicals archive
First, when the warrants were written, the parties agreed on their price (as determined by an independent third-party investment banker); thus, there was no bargain element to the warrants' acquisition.
It also is argued valuation of internally generated goodwill is based on "softer" numbers--there is no bargained arm's-length exchange--and is dependent on an ever moving target, the company's current share price.