Tandem Cycling - FYI Santana Sovereign Tandem - $5000 (Cincinnati, Ohio)
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Santana Sovereign – Medium Size (See Santana website for sizing chart)
Aluminum Frame, Premium Components, Many upgrades including:
• Stowaway configuration including S&S couplers and suitcase for air travel
• Hand built 48 spoke rear wheel, tied and soldered, by Doug Hamilton (Rounder Wheels)
• Aria Drum 3rd Brake
• Shimano Flight Deck
Current price for this bike new from Santana is $7635
Willing to sell this 2000 model in excellent condition for $5000 (buyer pays shipping and insurance)
03-25-10, 09:36 AM
Is that yours?
03-25-10, 10:43 AM
Although a very cool design I can't see anyone coming up with $5K for it.
No, It's not mine. It appeared on Cinci craigslist and I just wanted to pass it along. I agree, 5K seems a little high, but that's just the asking price.
03-26-10, 09:21 AM
I don't think that $5000 is an unreasonable asking price. Don't forget that the S&S couplers add around $2000 to the cost when new and the travel cases add several hundred. Also, coupled tandems are quite rare in the resale marketplace. I would bet that this bike, because of its uniqueness, will get a pretty high price, if its owners are patient.
03-26-10, 09:34 AM
I don't think that $5000 is an unreasonable asking price.
We sold our 2002 full-Campy, custom Erickson S&S in pristine condition back in 2007 (5 years old) for around $5k. It had a replacement cost that's equal to or higher than a current Santana Sovereign Stow-Away with Safecase, but that's about what the market would bear.
Therefore, IMHO somewhere between $3,750 and $4,000 would be more in the ballpark as a selling price for this 10-year old Stow-Away with Safecase in good condition.
03-26-10, 10:06 AM
SELLING price...I agree, but might fetch a little more because the medium size and wider range gearing might give it a wider market. Of course, the only true test is what it actually sells for...something that we will never know!
03-26-10, 11:23 AM
I think the thing that will keep the price down in the age of the bike. The bike is 10 years old and bike groupo's change alot in that time.
03-26-10, 11:29 AM
I do not like the oversized case of Santana's. It would be over over weigth and oversize for sure when air traveling. I am with TG $4,000 at the most.
We purchased our '02 coupled Co-Mo Speedster with hard cases a couple years ago for $3,900, w/o saddles or pedals. As I recall, the price was about 1/2 of what a new bike would have cost at that time with the same components. I searched for about a year before it became available. I was not expecting to get couplers, so that was a bonus. I contacted the seller the day the ad was posted, and after a few emails and phone conversations, sealed the deal.
03-26-10, 02:34 PM
I also think the price is a bit high. We purchased our '06 Co-Mo Primera Co-Pilot last year for $2,450 on eBay, with Arai drag brake, thudbuster stoker seatpost, saddles, front & rear racks, five Arkel panniers/bags (I think the Arkels new would have cost about $800 new) and a second set of tires. It did not include pedals or the S&S cases. We know we got a great deal on this bike and have since upgraded it to the Gates timing chain, Rolf wheels, carbon stoker drop bars etc. We already had one case used for a Ritchey break-away so just bought one S&S case.
People who can spend $5,000 on a bike can usually spend a bit more to get exactly what they want.
03-26-10, 11:34 PM
Won't get many, if any, bites at that price . . .
03-27-10, 07:41 AM
Won't get many, if any, bites at that price . . .
Yeah, that's pretty much the down side of over-pricing even when you caveat with "asking" or "negotiable", which this seller did not do.
His wording, "Willing to sell this 2000 model in excellent condition for $5000 (buyer pays shipping and insurance)" says "firm price" + another $100 or more for shipping. Again, if that's what he thinks he needs and he can find someone who sees that as a good value, all the better for him. I would have loved to have gotten $6k for our Erickson because I was certain that it would have been worth it if only because lead time on a new one at that time was about 12 months and all Erickson's are unique, one-offs. But, to get that kind of price I would have had to leave it on the market for a looong time OR get extremely lucky. With the 2nd half payment on our Calfee coming due and my luck, I had to price it using my own guidelines and even then I took a little less than asking which is typical.
In fact, I'd recommend anyone selling a tandem put about a 10% buffer on their bottom line, firm cost so that buyers can be given a chance to make an offer or see there's a willingness to negotiate. I think I had our tandem listed for $5,400 and, again, it sold for a little under $5k... within that 10% negotiating reserve / buffer.
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