Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Vintage Cannondale Touring

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rotharpunc
01-12-09, 03:38 PM
Brazeons for everything: lowriders, rack/fenders, 3 water bottles.
Suntour 3000 indexing. double front, 6 rear.
Nitto Stem, 3TTT Bars.
Maliard Hubs, Mistral Rims, eyeleted, presta, 27"
Serial Number: 21012387759
Whats the year and model? How much is it worth(avg. ebay/CL)? Part it out(I can use alot of the stuff myself) or sell as-is, or with some clean up?
Anything else?
http://i434.photobucket.com/albums/qq61/rotharpunc/GEDC0001-1.jpg
http://i434.photobucket.com/albums/qq61/rotharpunc/GEDC0005-4.jpg
http://i434.photobucket.com/albums/qq61/rotharpunc/GEDC0006-2.jpg
http://i434.photobucket.com/albums/qq61/rotharpunc/GEDC0002-1.jpg
http://i434.photobucket.com/albums/qq61/rotharpunc/GEDC0003.jpg
http://i434.photobucket.com/albums/qq61/rotharpunc/GEDC0004-4.jpg
http://i434.photobucket.com/albums/qq61/rotharpunc/GEDC0007-4.jpg
rotharpunc
01-12-09, 03:39 PM
WTF? I edited all those sideways photos in photobucket, and it flipped them back when I posted, sorry.
cb400bill
01-12-09, 04:10 PM
Brazeons for everything: lowriders, rack/fenders, 3 water bottles.
Suntour 3000 indexing. double front, 6 rear.
Nitto Stem, 3TTT Bars.
Maliard Hubs, Mistral Rims, eyeleted, presta, 27"
Serial Number: 21012387759
Whats the year and model? How much is it worth(avg. ebay/CL)? Part it out(I can use alot of the stuff myself) or sell as-is, or with some clean up?
I believe it is a 21" frame built on January 23, 1987 frame #759.
I'll bet the model number is ST400.
http://www.vintagecannondale.com/year/1987/1987.pdf
From Sheldon Brown:
Serial number code: first two digits are the size, next 6 are date of manufacture, remainder are unit number. For instance: SN#54021787121 indicates a 54 cm frame, built on February 17, 1987, #121."
rotharpunc
01-12-09, 06:04 PM
cool! didn't know there was a vintage cannondale site! any suggestions on how to proceed?
1. Clean it thoroughly.
2. Lube chain.
3. Adjust cables, get it in ready to ride condition. Verify front fork is not bent, hard to tell in picture. Is that chain stay dent normal?
4. Sell on Craigs List. Depending where you live, there probably is little interest in bikes right now. But I have sold three bikes on C/L in 2009, so there still are people looking.
There are two types of buyers out there: those that will buy as is and expect (and will get) a large discount), and everyone else. What might cost you $15 in cleanup and adjustment if you do it yourself, could cost the buyer $200 at their local bike shop.
One really clean one just sold on ebay for $500, which is awfully high for that bike. The liar (oops seller) stated he paid $1200 for the bike in 1989. Hard to fathom since it was a $400 to $500 bike back then. It take him three tries to get the price over $200.
I would not count on finding another buyer at that price point. My guess: $300 in really clean ready to ride shape, $150 as is. And it could cost all of $15 to get it ready to ride.
Terrific dumpster find!!
rotharpunc
01-12-09, 06:54 PM
fork is good, and i guess those dents in the chain stay are normal for cannondales of this era, there is a matching one on the other side(I've seen this questions come up here before)
JunkYardBike
01-12-09, 08:54 PM
I think $300 might be a little optimistic. Some of the higher end C-dales from that era might sell for that. This is an odd bike. It's not really a full touring setup, given the sidepull brake calipers and double chainset. It's marketed as a commuter or recreational rider, so that's the market I'd try to target. Cannondale has done a really good job at selling their brand, so some people might be fooled into thinking this is a 'road race' model (they all look the same with those fat tubes!), but the geometry won't be nearly as responsive as the crit frames Cannondale produced.
I think you'd be lucky to get $200 for that fully cleaned and tuned, but then, it all depends on your location and who's looking to buy.
If there are parts you want, I'd consider selling the frame alone. If you need certain components, calculate what it might cost you to purchase them separately, then subtract that from your potential final sale price. You'll often find selling the frame separately will get you nearly the same profit as selling it whole. That's especially the case here given the components are entry level.
I wouldn't consider parting this bike out a sin.
roccobike
01-12-09, 10:04 PM
I watch the Cannondale market in this area, I think $200 to $250 all cleaned up is about right. Once you hit $300, you're competing with low end brifter equipped bikes, and they win that competition almost every time. Of course, the area you're in makes a difference in the price.
As a bench mark, attached is a pic of a 91 Cannondale SR400 with a 3.0 frame. It's been converted to SORA brifters and the fork has been converted to an original Cannondale carbon fork. It sold for $300.
rotharpunc
01-12-09, 10:57 PM
I'll bet the model number is ST400.
Cool, thats exactly what that is! That catalog layout as well as the model numbers seem remarkably similar to Trek, were they sister companies or something?
but since its all original, down to the clips and straps, it seems a same to part it out. this is a tough decision!
cb400bill
01-12-09, 11:15 PM
I don't believe Cannondale and Trek share any DNA.
ricohman
01-14-09, 09:47 AM
I've bought nicer touring bikes for less than $75.
But this is really not a full-on touring rig. I would say it is "sport touring" as a generic term.
Double crankset and side pulls are not what people look for in a touring bike.
If it was cleaned up it, would be worth well under $100 where I live.
bibliobob
01-14-09, 02:16 PM
I had a similar ST400, but it had cantilever brakes and a triple crankset. It was in excellent condition, but had mismatched wheels. I threw in an extra wheel and pannier rack, and sold it for $300 on the CL here in Chicago. Of course, it might bring considerably less in your market.
I'd never have another aluminum race bike, but I have to say that I really liked it for a full-blown touring bike. It had a really solid feel that seemed to go with the territory.
I half wished that I'd kept it and used it for my dedicated foul weather commuter.
cudak888
01-14-09, 08:12 PM
I'd part it out, or replace that crankset with some cheap '90s 105 or 600 crankset in the least. That cheap forged 'n' stamped piece does not look good, nor will it help the sale of the bike.
Those nutted brakes are also a bit of an oddity, but decent.
-Kurt
rotharpunc
01-14-09, 10:07 PM
I actually really like the look of the crankset. but then again, to me most of the alloy stuff made after the early 80's just looks cheap
rotharpunc
01-14-09, 10:10 PM
I've bought nicer touring bikes for less than $75.
But this is really not a full-on touring rig. I would say it is "sport touring" as a generic term.
Double crankset and side pulls are not what people look for in a touring bike.
If it was cleaned up it, would be worth well under $100 where I live.
then Im glad Im not where you live! im assuming your talking canadian, even so thats low. Ive seen far worse bikes than this that i wouldnt even give a second glance go for $150-$250 on CL around here
ricohman
01-15-09, 10:09 AM
then Im glad Im not where you live! im assuming your talking canadian, even so thats low. Ive seen far worse bikes than this that i wouldnt even give a second glance go for $150-$250 on CL around here
Really?
I bought this Trek 520 for $75. And as far as I can tell its new.
http://i23.photobucket.com/albums/b400/fj40/DSC02303a.jpg
This for Velo for $50 (with factory panniers and handlebar bag).
http://i23.photobucket.com/albums/b400/fj40/DSC01960.jpg
And the list of under $75 is pretty long, and growing..................
+1 I would dump the cheap steel crankset and replace with an alloy unit.
But you could just clean it a little and basically sell as is, and make a very nice profit!
Anyone looking for a "real" touring bike, is going to look for a triple. But others will see the Cannondale name, droll, and buy it the way it is.
While I have picked up a nice list of bikes for under $30 each, we are talking market value, not smokin' deal, flip type price. I just missed out on a Cannondale around here (a better model) for $50. Guy sold it while I was on the way to get it (even though we had a "deal"). But thats the nature of buying and selling bikes.
rotharpunc
01-16-09, 09:01 PM
Really?
And the list of under $75 is pretty long, and growing..................
I guess I mean in terms of me trying to sell. I think I will see if I have a triple lying around
rotharpunc
01-28-09, 09:22 PM
UPDATE- Ended up stripping the frame and it was bid up to $302.77 on ebay! can't beat that for a dumpster find!
JunkYardBike
01-28-09, 09:44 PM
Wow. You did a nice job on your listing. Still sick of ebay? :lol:
Wow! You almost have me convinced to strip down my Fuji Touring Series IV and sell the frame! Would be a nice return on investment, and the bike has desirable Suntour components that I would rather keep....
bibliobob
01-29-09, 12:20 PM
Wow!! Just goes to show you that parting out a bike, unfortunately, is the best way to the most for your bike.
Makes you wonder what the alternative site would bring?
miamijim
01-29-09, 12:34 PM
Nice job.... maybe I should part out my mint SR800