Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - How much is this worth?
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05-24-10, 01:06 PM
I paid $2.50. It is a Murray Eliminator Ram-rod Convertible coaster brake. Wheel size is 20x1.75. How much is this bike worth? I wanna sell it on CL.
Do you plan to clean up that chrome? replace the pedals? How does it ride?
I don't know much about kids bikes, but here in Chicago anyway you'd be lucky to get $15 or $20 for it on Craigslist.
While this one looks kinda cool - especially that chainguard, Murrays were not great bikes even when new. Your competition is a brand new bike of similar department store quality from Target or Wal Mart that sells for $50.
As is, probably up to 5 times as much as you paid. If you are willing to get the rust out of every where, clean it up well, get a new chain, grips and pedals and make sure that it a. sparkles and b. works 100%, you could get 20 times as much as you paid (maybe more if the right person is looking for something like that). But it has to be clean and ready to go (and that is a good day's of work and about $20 in supplies - at least). 20 inch is a kids' size and most kids who ride 20 inch wheels like BMX-type bikes these days. But get this right and might compete.
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