Bike value?
#1
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Bike value?
Ok I am looking to get my first roadbike. I have looked at used and new bikes. The thing with some of the used ones is I don't know how much they are worth. I know with cars people can usually tell you how muc (what %) they are worth after so many years. Does anyone have a guess on generally what a bike is worth after 1 year? or 2 years? if it is generally kept in good shape. Do they keep their value well or does their value drop in half after it is a year old?
#2
Former Hoarder
There are no rules but a formula I often use is 50-60% of original MSRP after 1-2 years.
Example - bike X is $2000 MSRP and customer pays $1700 for it new. After 1-2 years, it should bring $1000-1200 on the used market.
This of course, can vary widely based on the type and manufacturer.
55/Rad
Example - bike X is $2000 MSRP and customer pays $1700 for it new. After 1-2 years, it should bring $1000-1200 on the used market.
This of course, can vary widely based on the type and manufacturer.
55/Rad
#3
Senior Member
Originally Posted by 55/Rad
There are no rules but a formula I often use is 50-60% of original MSRP after 1-2 years.
Example - bike X is $2000 MSRP and customer pays $1700 for it new. After 1-2 years, it should bring $1000-1200 on the used market.
This of course, can vary widely based on the type and manufacturer.
55/Rad
Example - bike X is $2000 MSRP and customer pays $1700 for it new. After 1-2 years, it should bring $1000-1200 on the used market.
This of course, can vary widely based on the type and manufacturer.
55/Rad
Litespeed's on the other hand, seem to hold their value very well. Plus their owners really take very good care of them.
Tim
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How old is your Tete Rad?
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if youre into performance look for an aluminium bike. Try and avoid an aluminium bike that has already been ridden 10000km's i picked up my vivace for $1000 ozzie dollars and had only been ridden 25km's. I have ridden it about 7000km's and wouldnt expect to sell it for anything over $800 even though i know its been very well looked after and is still in near new condition.
#6
Peloton Shelter Dog
The only item on the planet with lamer resale value than bicycles are used condoms. Forget about it.
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https://www.vintage-trek.com has price listings from '77-'96.
#8
Former Hoarder
Originally Posted by baj32161
How old is your Tete Rad?
I bought mine used. It cost me about 10 hours of my professional time and $30 for shipping.
Care to take a guess as to how much I'm paying for the paintjob?
55/Rad
Last edited by 55/Rad; 12-18-05 at 11:14 AM.
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Pick a bike you like, sign on to ebay with your account (register if you don't have one), do an advanced search for the bike you like, look on the left side of the page and check the box for completed listings, and click the "show items" button. This is pretty useful in finding a general market price. Make sure you are comparing bikes with the same components, wheels, and any extras they might be selling with the bike.
#10
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Originally Posted by alxra
Pick a bike you like, sign on to ebay with your account (register if you don't have one), do an advanced search for the bike you like, look on the left side of the page and check the box for completed listings, and click the "show items" button. This is pretty useful in finding a general market price. Make sure you are comparing bikes with the same components, wheels, and any extras they might be selling with the bike.
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Originally Posted by SHaterius
Ok I am looking to get my first roadbike. I have looked at used and new bikes. The thing with some of the used ones is I don't know how much they are worth. I know with cars people can usually tell you how muc (what %) they are worth after so many years. Does anyone have a guess on generally what a bike is worth after 1 year? or 2 years? if it is generally kept in good shape. Do they keep their value well or does their value drop in half after it is a year old?
For example, a 1995 Colnago C40 frameset will still sell for over 60% of its retail price on ebay. While a Giant or Specialized from the mid 90's will get maybe 20%-30%.
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On ebay, use the advanced search feature. Check "completed listings only", and you can see what that particular bike has sold for recently.