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determing what a used bike's value is
Posted: Mon Sep 03, 2012 12:44 am
by backflat
what forum should i go in.
to ask how to determine how much a used bike is worth.
determing what a used bike's value is
Posted: Mon Sep 03, 2012 12:44 am
by Weenie
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Re: determing what a used bike's value is
Posted: Mon Sep 03, 2012 1:58 am
by prendrefeu
Search the same bike on eBay "completed listings" - you'll get a somewhat current market value there.
Also search your local want-ads (craigslist, or your country's equivalent) for current market value.
+ or - the estimate average based off of your particular example's condition, upgrades, or components.
That's pretty much it.
Re: determing what a used bike's value is
Posted: Mon Sep 03, 2012 2:56 am
by backflat
if a bike has less than 500 miles on it. is that a factor ?
Re: determing what a used bike's value is
Posted: Mon Sep 03, 2012 6:09 am
by ultimobici
backflat wrote:if a bike has less than 500 miles on it. is that a factor ?
Nope.
Typically a bike that you bought yesterday and have never ridden is still only worth 60% of its RRP.
Re: determing what a used bike's value is
Posted: Mon Sep 03, 2012 7:31 am
by kevinkalis
And every 'used' bike only has 200 dry miles
determing what a used bike's value is
Posted: Mon Sep 03, 2012 8:05 am
by Twinning
kevinkalis wrote:And every 'used' bike only has 200 dry miles
Haha was thinking the same thing. Apparently people don't ride their bikes at all because every bike always has only 500 miles maximum ridden on it.
Re: determing what a used bike's value is
Posted: Tue Sep 11, 2012 12:35 am
by equinox
prendrefeu wrote:Search the same bike on eBay "completed listings" - you'll get a somewhat current market value there.
Also search your local want-ads (craigslist, or your country's equivalent) for current market value.
+ or - the estimate average based off of your particular example's condition, upgrades, or components.
That's pretty much it.
This is usually my approach as well. You can always find deals or absurdly high priced ads, but eBay gives a good ballpark on what buyers are willing to pay.
Re: determing what a used bike's value is
Posted: Tue Sep 11, 2012 4:27 am
by NGMN
also google your bike and see if a version of it is selling for less than MSRP. For example, lets say you have a 2010 Scott Foil 20, and google reveals the 2011 models are going for %20 off; then don't expect near that(warranty, peace of mind, etc.).
don't try to say that new consumables (tires/chains/cassettes) are an upgrade
Re: determing what a used bike's value is
Posted: Tue Sep 11, 2012 9:03 pm
by nathanong87
kevinkalis wrote:And every 'used' bike only has 200 dry miles
"never raced, never crashed"
Re: determing what a used bike's value is
Posted: Wed Sep 12, 2012 3:55 am
by Johnny Rad
Only driven err ridden on Sundays. And by a little old lady.
No rain, ever.
Re: determing what a used bike's value is
Posted: Wed Sep 12, 2012 3:55 am
by Weenie
Visit
starbike.com Online Retailer for HighEnd cycling components
Great Prices ✓ Broad Selection ✓ Worldwide Delivery ✓
www.starbike.com