bikesonbikes

Hello! I am looking for my first road "real" bike and am really interested in this bike. What do you think would be a good price for it, do you think $450 is too high/low and what would be realistic for it? It looks like it is in good condition, small scuffs here and there. I also know that this model is NOT a Grant Peterson.

https://sfbay.craigslist.org/sfc/bik/4359408856.html

BenRidin

Yes,

I think $450 is way too high for a bike made in 1986. I'd offer the seller $70 tops.

You can find a better buy out there for $450.

BR

rebel1916

That bike is for a tiny leprechaun sized person. If you are much over 5 foot, it's probably not even worth going to take a look. I don't know enough about the market to say if the price is good, but Bridgestones do have a following and SF is definitely a pricey area.

rebel1916

Again, I have no idea what the market for that bike in SF is, but assuming VG condition, it's worth a lot more than $70.

LesterOfPuppets

That thing certainly does look near virginal. If the crank arm wasn't scuffed, you could get $70 for crankset alone, gotta find a Biopace fan, though.

If it was my size. I think I wouldn't pay more than $350. Portland market is probably just a hair lower than SF market.

If the bike is near your size you'll probably want to trade that Technomic stem in for something a little less periscope-like.

bikesonbikes

Thanks everyone for your help.

It is indeed in my (tiny) size, but think you're right about pricing.

no1mad 

I don't know the market out there, but I have a couple of observations:

1. If you are having difficulty finding a bike that fits you, then any that you do find needs a hard, long look.
2. I noticed that the bike has been listed for 24 days. This makes me think that s/he's not really serious about selling (like they listed just to make their SO happy).

You could always make an offer, but wouldn't hold my breath.

bike_forever

That bike was maybe 450 new in the late 80's and is nothing special today. I would not pay more than 150 if you really loved it!

rebel1916

Again, IDK exactly what the market is but I can guarantee you it is substantially higher in SF than it is in OH. Plus all prices on CL are just an opening bargaining position.

Roarau

Bit overpriced, I am from the Bay Area, spend a ton of time on Craiglist. You should be able to pull a similar bike (80s/Shimano 600) for $300-350 easily.

nbo10

Sellers in the Bay Area think bikes are worth 80-90% of the new retail price. It doesn't matter how old the bike.

toytech

I sell a few, and that one is way over market. I would expect it to sell in the 250 range. If it were an RB1 or even maybe an RB2 it might get that. Asking prices are high, but actual selling prices not so much lately.