I am shopping for a nice hardtail about 3-4 years old in a good shape.
I expect to pay about $500 for a bike that cost around $1000 new.
Is it reasonable?
I noticed lots of people trying to sell their 5 years old bikes(very good shape) for 80% of the original price.
Does anyone know average resale value(% of original price) of 3-4-5 years old bikes within $1000-$1500(original price) range?