How will the introduction of Hydraulic Disc Brakes impact value of non-disc brake bikes within the next 5 years?
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Maybe I'm in the minority on this one, but when I make purchases I take into account the resale value of things. I bought a 2016 Felt AR3, but I'm skeptical of how the introduction of disc brakes in 2017 on almost every road bike will affect the resale value of my bike now. I don't want to dump $1000-$2000 into my bike now if it's resale value will be diminished within the next 2 years because it's a rim brake.
What do you guys think?
What do you guys think?
Probably won't have much effect. Your bike will depreciate rapidly and horribly as per usual.
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Benno wrote:Probably won't have much effect. Your bike will depreciate rapidly and horribly as per usual.
If you were in my shoes, would it be smarter to get rid of the bike now? I got it on a close-out at $2350 new and never demo'd. I'd say that it's worth at least $2700 from a $3500 MSRP. Should I sell it while I have positive equity and get one with disc-brakes so that buying carbon wheels isn't "pissing in the wind" and they're not useless when I most likely will move to a disc-brake bike after this one?
You're bike is already probably worthless, so it won't matter much.
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Honestly in my experiences selling bikes even if you have ridden it less than ten times you will be lucky to get anything more than half MSRP. I'd say your bike is worth maybe $2000 max so just enjoy the bike and stop worrying about it.
JunkyCollegeBiker18 wrote:I got it on a close-out at $2350 new and never demo'd. I'd say that it's worth at least $2700 from a $3500 MSRP. Should I sell it while I have positive equity
I have to assume you live in a communist, socialist, dictator country. You obviously do not understand capitalism. The bike store sold it for $2350 new. That was the market price. Maybe you could sell it for $2350 used. Maybe. Not likely though since it is used, whether you ever rode it or not it is used. Its not new because a bike store is not selling it new. For you to think you can sell a used bike for 15% above new is almost fantasy land. Capitalism does not work that way. Capitalism equates the market price and selling price. Capitalism does not work if sellers sell below market price. That is sort of how communism and socialism work. Sell at prices below market. Everyone more or less gets poorer that way.
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I never treat practical purchases as financial investments. A bike is an investment in enjoyment, fitness, satisfaction etc. Stop worrying about it's monetary value and start worrying about how it makes you feel when you're riding it. Do the brakes under perform? Is the handling problematic? Does it feel heavy?
I've pissed a lot of money away on an old supersix that could have been spent on a newer bike, but I don't care, because I adore riding it and tuning it.
If you're buying a bike for its resale value then buy a vintage Colnago and hang it on the wall.
I've pissed a lot of money away on an old supersix that could have been spent on a newer bike, but I don't care, because I adore riding it and tuning it.
If you're buying a bike for its resale value then buy a vintage Colnago and hang it on the wall.
Actually, I have been wanting a disc brake bike and I have been thinking it's best to sell my bike now while it's still worth something. I am hoping to get somewhat close to 50% of MSRP, which would be close to 100% of what I paid for it, and that should cover about 70% of the cost of the new one
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JunkyCollegeBiker18 just go for it.
BTW the thread's title should be: should I sell my bike now or not?
BTW the thread's title should be: should I sell my bike now or not?
JunkyCollegeBiker18 wrote:If you were in my shoes, would it be smarter to get rid of the bike now? I got it on a close-out at $2350 new and never demo'd. I'd say that it's worth at least $2700 from a $3500 MSRP.
If you think you can get that much for it then definitely sell it now, you'd be crazy not to!
Of course you won't get anywhere near that, but I admire the optimism
kgt wrote:BTW the thread's title should be: should I sell my bike now or not?
A bike is no different to a car, as soon as you take possession of a new car/bike it dumps value. What happens when the next "great thing" happens in bikes?
A bike as an investment? I don't think so. Just ride the bike.
MAMIL? Never. O.F.I.L. yeh! (Old F**ker in Lycra)
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ajmit3 wrote:Benno wrote:Probably won't have much effect. Your bike will depreciate rapidly and horribly as per usual.
I feel like you majored in
a) accountancy
b) finance
Question in the first place : why didn't you buy a disc brake bike ?
Just ride it.
Didn't major in either of those but there really weren't that many disc brake options when I bought. The TCR, Venge, Tarmac, and supersix all recently came out as disc brake models and more are doing the same. I love my felt but if rim brakes are on the way out I'd rather not go buy an expensive pair of carbon clinchers that will be useless on a disc bike. Just didn't really know how all of the bikes getting disc brakes would affect the market