rhnam

Hi all, anyone know what an '89 Panasonic DX-6000 is worth? Tange #1 and Shimano 600 group. The bike is in really good shape.

illwafer

$400.

degan

It depends on the market, condition of bike, barometric pressure, etc etc.

rekmeyata

That bike is a fantastic bike. It was Panasonic's top of the line and they used Tange's best and lightest tube set. At this site there a Panasonic DX3000 going for $400 and you have a far better frame; granted this is a bike shop that does over charge but they do sell them for those prices; but also the DX3000 is an odd size, smaller then the average person would get, the closer the size is intended for an average person the higher the demand. I would think yours is worth around $600 if in great shape like the DX3000 in the pic. Could you get $600? Depending on who see's it and how badly they want it. Personally I would keep it, those are kind of hard to come by.

https://www.oldbikesbelong.com/Straight_Bar_Bikes.php

rhnam

Thanks, the thing is just too big. Size 56. I really like it but don't want it to just sit around. Maybe someone else can enjoy it???

rekmeyata

Your pics didn't show so I can't see condition. Anyway, maybe you can find someone who will trade you, just know your bike values so you don't get spanked. Or check out some bike stores in your area and see if they sell used bikes and can offer a trade, but again know your bikes. Of course you can always sell it then take the cash and buy another. If you do sell it make sure you clean it up real well, and put a liquid wax on it to shine it up like new, but don't get the wax on the rims sides where the the brakes contact the rim.

wrk101

DX3000 for $400 is ridiculous.

White on white background very hard to make out.

Seriously, if you want to sell it for anything near market value, you are going to have to take high quality, full sized pictures. Its really hard to get anywhere near market value for bikes, most sell for less. Some sell for A LOT less. Buyers have no imagination.

T-Mar

How do used bicycles sell for less than market value? Since we're talking used product, the price that most bicycles sell at, becomes the defacto market value. It's impossible for most bicycles to sell at less than market value.

wrk101

I buy them all the time, I've bought 11 in 2012 so far. The reason, the bicycle market is very inefficient. There is no Kelly Blue Book where buyers and sellers can quickly look up the value of their bike. So as a result, bikes often sell below market. A poorly marketed bike: poor pictures, lousy description, and so on, will often sell at half or less of "full market".

I define market as the price that a willing buyer would pay for a clean bike, properly presented. I have even have bought bikes on ebay well under market. Bought a Trek 620 one time, for $113, in outstanding condition. On the same day, another auction for a near identical Trek 620, ending at close to the same time, sold for over $450. The reason? A terrible listing. Buyers have little/no imagination.

+1 To Robbie's comments below. I often wonder the impact I have on my local (small) market. Now if I lived in Portland, OR or San Fran, I would have no impact. But around here, many times, I am the only person selling mid grade or higher vintage bikes. And without me buying projects, I could see bikes in project condition dropping off. I bought a project bike from a LBS a couple of days ago. Even though he could sell it for a lot more than I could, he could not afford to put the shop $$ into it. Guy had it for sale for a while, I saw it posted a few times on C/L (it was outside my area).

RobbieTunes

You both are right, just depending on the choice of words involved, how you say them and how you mean them.

T-Mar is correct that the actual selling prices, regardless of what they are, become the market value, over time.
The market value is often seen as the average sold price, but individually, the actual sale price = the market value for that bike.

wrk101 is correct in assuming a market value that means an "average" market value, based on all similar items sold.
Some will be far below that average price, some will be far above, and he points out how to increase that selling price.
That increased selling price, or decreased selling price, is the market value for that bike, a la T-Mar.

wrk101's continued sales of bikes has it's own influence on the market. The ones he buys low depress it, the ones he sells higher inflate it. He's impacting his market as a buyer and seller.

It seems you are both referring to the same things in different ways, and the same ways, only different.

OP wants to know what an '89 DX6000 is worth, Tange 1 frame, 600 group, excellent condition.
I can only make one assumption: the 1989 600 group would be Shimano 600 "tricolor," the oft-discussed popular Shimano offering.

I'm not sure what year Amani576's DX6000 was, but I thought it was 1989, and it was Tange Prestige tubing, so that has me wondering.

As far as "is it worth $600?" Well, to someone it may well be.
Fine frame, fine group, individual parts could well cost that to build it.

Are there "better" bikes out there for $600? Depends what "better" is.
It also depends on what the buyers are looking for, i.e. that bike or simply "a" bike.

I'd put a "market value" in NC on it of $250-$350. This is a brifter bike market.
If it's Tange 1, it's little different than an '89 Ironman Master, with the same market value.
If it's recognized, and has traction, as Amani576's did, it will go higher, justifiably.

If it's Tange Prestige, the higher end frame would add to the value, if the buyers recognized it.
That lack of recognition, vs. the Ironman's "brand," may well keep the market value identical to the Ironman.

So, for that reason, assuming a less-informed market regarding this particular make/model, I'm staying at $250-$350.
That is no judgement on the bike's quality compared to the Centurion, just it's brand awareness.

degan

Am I also right in thinking that barometric pressure has an impact on the value of a bicycle? High pressure = painful knees for older folks = lower price.

FastJake

+1

I would put a DX-6000 with tri-color 600 at about $350. "Really good shape" means nothing without pictures.

rekmeyata

I've seen several DX6000's go for between $450 to $750 on E-bay over the last 2 years, depending on condition of course. Personally I wouldn't pay that much for one, and the DX3000 for $400 is way too much for an average middle of the road bike. But that same place that has the DX3000 sold a bike identical to one of mine, a 84 Fuji Club for $650, and mine was in better shape! I paid $100 for mine, I would have paid maybe another $50 if the owner had it listed for that, but anything over that and forget about it not alone $650!

FastJake

If that place gets the asking prices for their bikes I'm doing something wrong. $225 for a Schwinn Sprint?? Reminds me of Budget Bicycle Center in Madison.