New (used) bike question
#1
i think i've done alright
Thread Starter
Join Date: Oct 2004
Location: Somverville, MA
Posts: 151
Bikes: {stolen} 01' Schwinn Moab II Mtb.{/stolen} 06 Jamis Sputnik (ftw), Gary Fisher Sugar 4
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New (used) bike question
Hello all,
I'm on the hunt for a new bike as mine was stolen last weekend. Let's not dwell on this much longer, the season is here and I want to put the bad behind!
I happen to have a huge "Bike Swap" coming up on saturday at all the local shops in my town (this was really cool to find out) and happen to have been talking to someone who knows about a very well kept Rocky Mountain Slayer, year 2002. I know the rear end had a recall at one point, but if this one has the replacement (beefier from later model year) and shows no signs of true abuse, what do you all think a fair price would be.
https://www.epinions.com/bicycles_200...ay_~full_specs
Sadly I'm not sure the exact specs on this ride as things might have come and gone over time (did i mention the owner actually worked at a bike shop??) but found this link to help shed some light.
Any owners around here also? I did a fourm search, but didn't see much on reviews.
Thanks for the read
Tspin
I'm on the hunt for a new bike as mine was stolen last weekend. Let's not dwell on this much longer, the season is here and I want to put the bad behind!
I happen to have a huge "Bike Swap" coming up on saturday at all the local shops in my town (this was really cool to find out) and happen to have been talking to someone who knows about a very well kept Rocky Mountain Slayer, year 2002. I know the rear end had a recall at one point, but if this one has the replacement (beefier from later model year) and shows no signs of true abuse, what do you all think a fair price would be.
https://www.epinions.com/bicycles_200...ay_~full_specs
Sadly I'm not sure the exact specs on this ride as things might have come and gone over time (did i mention the owner actually worked at a bike shop??) but found this link to help shed some light.
Any owners around here also? I did a fourm search, but didn't see much on reviews.
Thanks for the read
Tspin
#2
i think i've done alright
Thread Starter
Join Date: Oct 2004
Location: Somverville, MA
Posts: 151
Bikes: {stolen} 01' Schwinn Moab II Mtb.{/stolen} 06 Jamis Sputnik (ftw), Gary Fisher Sugar 4
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Oh come on, there must be one person with some input on this bike~!
#3
Throw the stick!!!!
What it is worth is basicly what seller is willing to sell it for and what you are willing to pay. One way to get a good idea is to search ebay for completed auctions.
In my opinion the bike is worth about $500 - $700.
The way my formula (accurate or not) works is first year take off 50% of value. After that take off 25% per year.
2002 - new $2450
2003 - $1,225
2004 - $920
2005 - $690
2006 - $520
In my opinion the bike is worth about $500 - $700.
The way my formula (accurate or not) works is first year take off 50% of value. After that take off 25% per year.
2002 - new $2450
2003 - $1,225
2004 - $920
2005 - $690
2006 - $520
__________________
I may be fat but I'm slow enough to make up for it.
#4
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Originally Posted by LowCel
What it is worth is basicly what seller is willing to sell it for and what you are willing to pay. One way to get a good idea is to search ebay for completed auctions.
In my opinion the bike is worth about $500 - $700.
The way my formula (accurate or not) works is first year take off 50% of value. After that take off 25% per year.
2002 - new $2450
2003 - $1,225
2004 - $920
2005 - $690
2006 - $520
In my opinion the bike is worth about $500 - $700.
The way my formula (accurate or not) works is first year take off 50% of value. After that take off 25% per year.
2002 - new $2450
2003 - $1,225
2004 - $920
2005 - $690
2006 - $520
That makes my '98 cannondale (about $2000 new) worth $133!
#5
Throw the stick!!!!
Originally Posted by mcoine
That makes my '98 cannondale (about $2000 new) worth $133!
This bike in particular was owned by a bike shop employee. Was he also a racer? Most shop employees I know abuse their bikes on a pretty regular basis.
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I may be fat but I'm slow enough to make up for it.
#6
i think i've done alright
Thread Starter
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Location: Somverville, MA
Posts: 151
Bikes: {stolen} 01' Schwinn Moab II Mtb.{/stolen} 06 Jamis Sputnik (ftw), Gary Fisher Sugar 4
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Yea, I didn't actually get to talk to the owner, he had left for the day, so i'm hoping to catch him at the shop tonight. If he raced it I'll be going lower on cost, rumor has it the bike is 800-850 in range. I'm not sure how much barter is allowed at these things, but it seemed like a deal if it was in great shape (and had the rear section replaced
#7
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Originally Posted by LowCel
What it is worth is basicly what seller is willing to sell it for and what you are willing to pay. One way to get a good idea is to search ebay for completed auctions.
In my opinion the bike is worth about $500 - $700.
The way my formula (accurate or not) works is first year take off 50% of value. After that take off 25% per year.
2002 - new $2450
2003 - $1,225
2004 - $920
2005 - $690
2006 - $520
In my opinion the bike is worth about $500 - $700.
The way my formula (accurate or not) works is first year take off 50% of value. After that take off 25% per year.
2002 - new $2450
2003 - $1,225
2004 - $920
2005 - $690
2006 - $520
I wish ebay worked that way. It is more like a $2450 bike from 1997 being worth $520 today. (or sometimes more)
#8
Throw the stick!!!!
Originally Posted by Portis
I wish ebay worked that way. It is more like a $2450 bike from 1997 being worth $520 today. (or sometimes more)
__________________
I may be fat but I'm slow enough to make up for it.