MelloBoy

hey guys,
what would be a reasonable price for the following set (w/o parting out):
Ultegra STI shifters
Ultegra rear deraileur
Ultegra triple chainring
Ultegra 9spd cassette
Ultegra Bottom Bracket
105 Brakes
105 Front Deraileur (clamp-on)

roommate's interested in building a bike as i build mine and he's shown interest in transferring my drivetrain components over for his build, granted everything fits. I was thinking of using funds to go to a dura-ace or record upgrade The drivetrain components have about 800-900 miles on them and were bought about 2.5 months ago. Thanks guys

MelloBoy

55/Rad

You can buy a brand new 7 piece Ultegra 9 speed group for around $500. Less a few bucks for the 105 brakes and derailleur and a few more for being used. $375-$425 seems fair.

55/Rad

dc70

Market Value...now there's a chasm if ever one existed!

Market value is the price a person is willing to pay...

I'm just having a good chuckle, because I'm an appraiser
and market value isn't always what something is actually worth.
I am constantly amazed at how much people will over pay for something
based purely on their perception. Anyway, I know what you were getting at,
I'm just having a bit of fun with it.

Some real good examples are on ebay, I see merchandise on there that is going and bought for more than you can buy new, at a store. Crazy..I tell you!

Geo_NJ

Isn't market value only what insurance carriers are forced to pay?
Geo

53-11 alltheway

Ebay is the worst place to buy common everyday used cycling parts (ie, 105/ultegra 9 speed drivetrain) bacause it often goes for more than brand new stuff!. Exotic parts (DA 10 speed shifters....If you can call it exotic) are sometimes worth buying (price is not so bad)

dc70

In reality, Market Value can be any price a buyer is willing to pay. Which sometimes is over
and way above what the actual cost is. Perceived value is what we are talking about here.

Market Value is supposed to be a Fair price that a willing buyer and willing seller agree to, which is supposed to be at a reasonable cost. But its muddy, because what you deem to be
fair, I may not, etc...
Perception is really the key to establishing and maintaining so called fair market value.

dc70

So true 53-11
I am amazed at how many dolts buy stuff on ebay for inflated prices.

dc70

That is another ball game so to speak Geo.

Now we are talking the insurance game..

Insurable Reproduction Cost New (IRCN)-
is the cost of reproducing a new replica of a property on the basis of current prices with the
same or closely similar materials with any inadequacies.

Replacement Cost New (RCN)-
is the current cost of a similar new property having the nearest equivalent utility as the property being appraised.

Diminished Value (Loss of Value)-
is the loss in a damaged vehicle's market value after repairs have been completed.

Actual Cash Value (ACV)-
What it will cost to replace an item at the time of loss after subtracting depreciation. Common method of determining the amount of reimbursement for a loss.

Stated Value (SV)-
A monetary worth figure that bears no relation to market value that is assigned, for accounting purposes, to stock for use instead of par value.

Market Value (FMV)-
is the estimated amount expressed in terms of money that may reasonably be expected for property in exchange between a willing buyer and a willing seller with equity to both, neither acting under any compulsion to buy or sell and both fully aware of all relevant facts as of a specific date.


There are many ways to value something, and each is not an exact science.
It is, interesting at times though.

Maj.Taylor

For virtually every product, you can take the retail price and halve it for your used/resale pricing. I'd consider myself a con man's mark if I paid more than $250. Too low? There's a fool out there somewhere--quite possibly your roommate. (But even more, being a Campy man, I'd consider myself a fool for even considering the purchase of Shimao Ultegra! Well, okay, I'll admit that I'd pay $500 for a full brand-new Dura-Ace groupo. )

53-11 alltheway

That's how I think.....problem is people on Ebay like to be the mark. Ebay is a seller's market for middle grade stuff (105/ultegra)

55/Rad

While I understand the spirit of the comment, I have to add that for every used product, there are varying circumstances and conditions. Starting with supply and demand. A one year old car won't be 50% of it's original selling price but a 4 year old might be.

I'd challenge anybody to find a classified ad or listing for a similiar group with only 2 months worth of use for $250. Being a deal hound myself, I know it's out there, but that would be the exception rather than the rule. And if you really want to get confused on perceived value, check the completed listings pages on EBAY.

$500+ for a new set is a discounted price. $650-700 is more the normal or MSRP. So, 1/2 that is $325-350.

55/Rad

MelloBoy

dammit
my roommate saw this thread and the guy saying $250 lol :|
looks like i'll be selling the whole bike instead, combining that with what I have, and going orbea orca w/ record or dura-ace, and wheels to be determined.

thanks for the input though

squeegy200

Alltheway makes an accurate statement:
In Contrast eBay is the best place to SELL your used equipment. To get the most from your components, I would sell each item individually. The accumulative dollar value you would get from a handful of the most desireable parts would likely be more that you could sell the entire groupset.

53-11 alltheway

I always make accurate statements ..........

53-11 alltheway

Actually it is $430-$440 at Colorado Cyclist!

Performance it would be cheaper with 20% discount.

But yeah.....ultegra isn't expensive brand new.

55/Rad

It's $439 at Colorado Cyclist without the brakes. Gotta add another $80. Performance is definitely the way to go with its 20% couplon but it's a PITA to figure total cost by adding up individual components - unless of course you are actually buying.

https://www.coloradocyclist.com/commo...291&TextMode=0

55/Rad