"Used" Bicycle Depreciation (?)
I'm trying to sell my road bike (no longer fits my needs), but having a hard time appraising how much I should ask for it. I have checked Craigslist and eBay sales, as usual, but not found a similar bike to compare to. So I'm curious if there's a good model to use for depreciation.
I have a hard time considering the bike "used." It's a 2009 Bianchi Vigorelli, 55 CM (common size), and has barely 250 miles on it. It also has quite a few upgrades, which I would say increase the stock value of the bike by about $600. So if you were to buy the bike new (the 2010 Vigorelli is practically the same), it would probably be around $2300-2400.
Do I just need to expect to take a huge loss on the bike?
Thanks in advance for any help!