General Cycling Discussion - How much is my bike worth?

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View Full Version : How much is my bike worth?


siggy2xc
09-20-12, 06:41 AM
2009 Trek Madone 6.5 with all Campagnolo record components

273885


IthaDan
09-20-12, 07:00 AM
couple grand?

Bianchigirll
09-20-12, 07:50 AM
couple grand?

I agree it may be worth a couple grand but like anything else what it is worth and what it can actually sell for are two different things.


Looigi
09-20-12, 08:01 AM
...what it can actually sell for are two different things.

Not quite. What you can sell it for determines its worth.

Bianchigirll
09-20-12, 08:53 AM
Not quite. What you can sell it for determines its worth.

You need to spend more time in the C&V apprasail threads where most of them open with...

"I just bought this XXXXXXX what is it worth?"

tagaproject6
09-20-12, 09:13 AM
2009 Trek Madone 6.5 with all Campagnolo record components

273885

Why are you asking how much YOUR bike is worth? Did you spend money on it? How could you not know its worth? Is it yours or did you steal it and trying to off load? This is shadier than a solar eclipse!

IthaDan
09-20-12, 09:33 AM
Why are you asking how much YOUR bike is worth? Did you spend money on it? How could you not know its worth? Is it yours or did you steal it and trying to off load? This is shadier than a solar eclipse!

Slow your roll homie. It's upgrade season, seems pretty plausible to me that a rider with a 4 year old bike might want to know what kind of budget he's working with (after selling/trading in his old bike) for a shiny new toy.

StanSeven
09-20-12, 09:58 AM
The best answer is looking at CL and ebay. Opinions here don't matter but what people are buying and selling for do. Maybe the OP did already and doesn't like the answers. But it's tough spending big dollars on a bike and seeing it go for 30 - 40% of what you paid three years later

fietsbob
09-20-12, 10:08 AM
Depreciation happens.. flawless carbon frame? just replaced drivetrain?

condition and Wear & Tear matters ..

siggy2xc
09-20-12, 04:25 PM
I just always have people asking me how much it's worth, and I'm never quite sure since I basically inherited it. Frame doesn't have a scratch on it and it's only been ridden about 1000mi.

Aeolis
09-20-12, 04:55 PM
About 2 grand id say.

DieselDan
09-20-12, 05:15 PM
I'd say $3000 since you have Campy Record, assuming a full Campy gruppo (shifters, brakes, wheels, crank, derailluers, bottom bracket, maybe pedals and seatpost), and in the right market.

Flying Merkel
09-20-12, 05:46 PM
About 1/3 of what you have in it. Bikes depreciate like used Christmas trees.

GrandaddyBiker
09-20-12, 07:26 PM
About 1/3 of what you have in it. Bikes depreciate like used Christmas trees.

That is why none of my 5 bikes (even the old ones) are for sale. They are worth more to me than what I can get for them.

commo_soulja
09-21-12, 01:42 AM
You need to spend more time in the C&V apprasail threads where most of them open with...

I highly doubt a 2009 Trek would be considered neither "Classic" nor "Vintage". Nice bike though...

CraigB
09-21-12, 05:00 AM
It's worth $250 and is obviously the wrong size for you. I'll do you a favor and take it off your hands.

;)

siggy2xc
09-21-12, 05:56 AM
I'd say $3000 since you have Campy Record, assuming a full Campy gruppo (shifters, brakes, wheels, crank, derailluers, bottom bracket, maybe pedals and seatpost), and in the right market.

Seatpost is shaped to where the only one you can use is Trek's, pedals are Shimano SPD. Everything else is Campagnolo.


It's worth $250 and is obviously the wrong size for you. I'll do you a favor and take it off your hands.

Haha it is actually just a little big for me!

IthaDan
09-21-12, 07:10 AM
FWIW, MSRP on that bike with full DuraAce was around $6k, tack on $500 for the price difference to record, and you're at $6500 for the bike 4 years ago. http://www.bikepedia.com/QuickBike/BikeSpecs.aspx?Year=2008&Brand=Trek&Model=Madone%206.5%20Pro&Type=bike#.UFxlnEJN5R0

Depends on how you're looking to sell it, but I would imagine you could get $2.5k on craigslist if you're patient, or possibly more than $3k on ebay if you make the ad appealing and take a lot of pictures.

That being said, the madone frame was just updated in a way that will make it very obvious to those that must have the latest and greatest that this is an older frame (rear brake has been moved to the chainstays)- which will bring the value down.

Bikes up at the tip top of the market depreciate like cars at the top of the market- precipitously. The manufacturers are keen on changing the colors or the design just enough that it's obvious what year your bike is, and to the fickle, gear obsessed cyclist, that just won't work. Flip that on its head though, and you'll find a floor to the value as well. This bike, if the frame stays solid, will never depreciate below ~$1500 because of what it is.

tagaproject6
09-21-12, 08:12 AM
Slow your roll homie. It's upgrade season, seems pretty plausible to me that a rider with a 4 year old bike might want to know what kind of budget he's working with (after selling/trading in his old bike) for a shiny new toy.

It is plausible, but highly improbable, homie. If you have the means to buy a Madone with a full Campagnolo Record or any bike that is not exactly entry level, you will have an idea of its worth. Someone opting for a Campy gruppo on their bike is usually indicative of a cyclist who does not settle for what is on the showroom floor. They either put the bike together or had an LBS put it together for them. Someone like that WILL know what their bike is worth. And as evidenced by the OPs reply below, he had no hand in its purchase. No longer shady, but answers the question why he does not know its value/worth. ;)


I just always have people asking me how much it's worth, and I'm never quite sure since I basically inherited it. Frame doesn't have a scratch on it and it's only been ridden about 1000mi.

Nice hand-me-down! Enjoy the bike and know that it is worth a lot. Its value will be determined by how much riding you do on it :thumb:

If you are selling, you really won't get any where near the original MSRP. People spending coin on high end bikes will not really buy used unless it is a real bargain. Then you have to contend with the fear of carbon asplodes-aphobia buyers.

I-Like-To-Bike
09-21-12, 09:05 AM
It's worth $250 and is obviously the wrong size for you. I'll do you a favor and take it off your hands.

;)

Not worth a dime to me, because I prefer to ride full fendered bikes with IGH and coaster brakes. I'd offer $10 just to help out a bicycling comrade and I'm a nice guy.

Good luck finding someone who does value such bikes and wants to shell out whatever the OP thinks is right.

jon c.
09-21-12, 09:13 AM
MSRP on that bike with full DuraAce was around $6k, tack on $500 for the price difference to record, and you're at $6500 for the bike 4 years ago.

I know a couple folks with similar bikes and they didn't pay anything near MSRP when they bought them new. I suspect the MSRPs on Madones may be inflated to give dealers more room to 'cut deals.'

tagaproject6
09-21-12, 09:40 AM
MSRP on that bike with full DuraAce was around $6k, tack on $500 for the price difference to record, and you're at $6500 for the bike 4 years ago.

I know a couple folks with similar bikes and they didn't pay anything near MSRP when they bought them new. I suspect the MSRPs on Madones may be inflated to give dealers more room to 'cut deals.'

How much room do you think they are allowed?

IthaDan
09-21-12, 12:30 PM
It is plausible, but highly improbable, homie. ...blah blah blah... No longer shady, but answers the question why he does not know its value/worth. ;)

So he explained himself and he's good to go. Let's say he hadn't made that post and just dropped off the op and moved on like so many newbies do? What would you have done about it? Oh yeah, NOTHING. I don't see what's even to be gained by calling someone a thief unless THEY explain to YOU about why it is they have this bike. I'll never understand the narcissism that causes a person to insert themselves into scenarios that have nothing to do with them.



MSRP on that bike with full DuraAce was around $6k, tack on $500 for the price difference to record, and you're at $6500 for the bike 4 years ago.

I know a couple folks with similar bikes and they didn't pay anything near MSRP when they bought them new. I suspect the MSRPs on Madones may be inflated to give dealers more room to 'cut deals.'

Well no crap, got a better idea of figuring out what it cost new? It's a hard figure. It's an upper limit for sure, but it's a hard dollar amount to work from.

fietsbob
09-21-12, 12:34 PM
Take it to a Bike shop and put it on consignment.. they will sell it and take a % for the effort.
the LBS, will know local market .. some places are higher than others
depending on the relative ridership and average wealth of the citizens.

StanSeven
09-21-12, 12:45 PM
I'd say $3000 since you have Campy Record, assuming a full Campy gruppo (shifters, brakes, wheels, crank, derailluers, bottom bracket, maybe pedals and seatpost), and in the right market.

No way. The 2013 goes for $6,600 with Ultegra Di2. A four year old bike with CR is what others say - 1/3rd of the original price. Nobody will pay half price for a 4 year old bike

tagaproject6
09-21-12, 01:25 PM
So blah blah blah...I'll never understand the narcissism that causes a person to insert themselves into scenarios that have nothing to do with them.



And yet here you are inserting yourself in the same manner. :rolleyes: I suspected the bike was not his, I did not call him a thief...you assumed I did when I asked pointed questions...slow your roll homie. And if I did what would YOU have done about it? Oh yeah, NOTHING. Did you gain anything by inserting yourself in a post directed at the OP and not at (gasp!) YOU? I asked him the question, not YOU. But YOU felt that YOU needed to jump in there and write something because it offended YOUR sensibility. The question was not for YOU or do YOU not get that yet?

Pot...kettle...black...

himespau
09-21-12, 01:50 PM
About 1/3 of what you have in it. Bikes depreciate like used Christmas trees.


That is why none of my 5 bikes (even the old ones) are for sale. They are worth more to me than what I can get for them.

Yeah, worth is a tricky one. How much did it cost and how much could I get if I were going to sell it are much easier questions. Then you have to ask, "is it worth more to me than what I can get for it?" I think a 1/3 drop in value from purchase price sounds a bit right. Half is the absolute most and that's more likely to be seen on a lower end bike where there isn't quite as far to drop.

IthaDan
09-21-12, 07:11 PM
And yet here you are inserting yourself in the same manner. :rolleyes: I suspected the bike was not his, I did not call him a thief...you assumed I did when I asked pointed questions...slow your roll homie. And if I did what would YOU have done about it? Oh yeah, NOTHING. Did you gain anything by inserting yourself in a post directed at the OP and not at (gasp!) YOU? I asked him the question, not YOU. But YOU felt that YOU needed to jump in there and write something because it offended YOUR sensibility. The question was not for YOU or do YOU not get that yet?

Pot...kettle...black...

See but it's not a pot kettle situation at all. What did you do besides piss in the guys cheerios and call him a thief? Let's recap the thread. I offer a price, you call the guy shady, I call you out offering a completely reasonable situation, I post again, explaining that the highest end buyers are extremely fickle and want the latest and greatest, and given the 2013 update to the madone, it'll be quickly obvious that the OP's bike is not the latest and greatest. I also offered a link to the MSRP of a compatible bike, to work out a reasonable idea of what it might be worth.

What did you add to this thread other than to say the guy is shady?

And you offended my sensibility because there's nothing constructive in editorializing about the nature of the bike's ownership. The OP registered and posted for answers, not an indictment.

siggy2xc
09-21-12, 09:59 PM
Definitely not selling this bike... those 1000mi are from me! The tires still had all their tread on them when I bought it. I was just curious since everyone always asks me and I'm never quite sure what it's worth.