Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Peugeot bike--is it worth what seller wants?

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geekrunner
04-19-09, 07:10 AM
http://indianapolis.craigslist.org/bik/1128866775.html

It looks nice, but a bike around here that supposedly needs work will not sell for that much, unless it sells to a C&Ver. But even then. I'm not familiar enough to know if Vitesses is the actual name of the model of bike. Thanks for the help guys! :thumb:

geek

Blue Order
04-19-09, 07:19 AM
Vitesses is "speed" as in "12 Speed." It's not the name of the bike.

The tubing is Reynolds 501-- not 531, so not as desirable. I think $200 is too high for this bike-- maybe $150 would be more like it.
10 Wheels
04-19-09, 07:20 AM
Offer $125.

miamijim
04-19-09, 09:30 AM
Full Reynolds 501 frma and fork. I can sell that bike for $250-300 all day long in Tampa.

Your market may vary. Always offer less than what a CL seller is asking.
Tigerprawn
04-19-09, 10:06 AM
Most sellers put up that $25-50 buffer. There's no harm in haggling reasonably especially since the guy says he has no time for it.
miamijim
04-19-09, 11:35 AM
Most sellers put up that $25-50 buffer. There's no harm in haggling reasonably especially since the guy says he has no time for it.

Every one of my bikes has a $25 buffer. This morning I actually knocked off $50 only because I was still making my minimum $100.

Its CL. Haggling's expected.
geekrunner
04-19-09, 02:09 PM
Thanks guys!

geek
wrk101
04-19-09, 08:45 PM
+1 $200 to $225 in ready to ride condition.