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Tandem Cycling A bicycle built for two. Want to find out more about this wonderful world of tandems? Check out this forum to talk with other tandem enthusiasts. Captains and stokers welcome!

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Old 03-24-10, 05:22 PM   #1
scube
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FYI Santana Sovereign Tandem - $5000 (Cincinnati, Ohio)

http://cincinnati.craigslist.org/bik/1659464781.html

Santana Sovereign Medium Size (See Santana website for sizing chart)
Aluminum Frame, Premium Components, Many upgrades including:
Stowaway configuration including S&S couplers and suitcase for air travel
Hand built 48 spoke rear wheel, tied and soldered, by Doug Hamilton (Rounder Wheels)
Aria Drum 3rd Brake
Shimano Flight Deck
Current price for this bike new from Santana is $7635

Willing to sell this 2000 model in excellent condition for $5000 (buyer pays shipping and insurance)
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Old 03-25-10, 08:36 AM   #2
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Is that yours?
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Old 03-25-10, 09:43 AM   #3
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Although a very cool design I can't see anyone coming up with $5K for it.
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Old 03-25-10, 04:17 PM   #4
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No, It's not mine. It appeared on Cinci craigslist and I just wanted to pass it along. I agree, 5K seems a little high, but that's just the asking price.
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Old 03-26-10, 08:21 AM   #5
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I don't think that $5000 is an unreasonable asking price. Don't forget that the S&S couplers add around $2000 to the cost when new and the travel cases add several hundred. Also, coupled tandems are quite rare in the resale marketplace. I would bet that this bike, because of its uniqueness, will get a pretty high price, if its owners are patient.
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Old 03-26-10, 08:34 AM   #6
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I don't think that $5000 is an unreasonable asking price.
We sold our 2002 full-Campy, custom Erickson S&S in pristine condition back in 2007 (5 years old) for around $5k. It had a replacement cost that's equal to or higher than a current Santana Sovereign Stow-Away with Safecase, but that's about what the market would bear.

Therefore, IMHO somewhere between $3,750 and $4,000 would be more in the ballpark as a selling price for this 10-year old Stow-Away with Safecase in good condition.
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Old 03-26-10, 09:06 AM   #7
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SELLING price...I agree, but might fetch a little more because the medium size and wider range gearing might give it a wider market. Of course, the only true test is what it actually sells for...something that we will never know!

Last edited by steve53mg; 03-26-10 at 09:12 AM.
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Old 03-26-10, 10:23 AM   #8
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I think the thing that will keep the price down in the age of the bike. The bike is 10 years old and bike groupo's change alot in that time.
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Old 03-26-10, 10:29 AM   #9
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I do not like the oversized case of Santana's. It would be over over weigth and oversize for sure when air traveling. I am with TG $4,000 at the most.
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Old 03-26-10, 11:01 AM   #10
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We purchased our '02 coupled Co-Mo Speedster with hard cases a couple years ago for $3,900, w/o saddles or pedals. As I recall, the price was about 1/2 of what a new bike would have cost at that time with the same components. I searched for about a year before it became available. I was not expecting to get couplers, so that was a bonus. I contacted the seller the day the ad was posted, and after a few emails and phone conversations, sealed the deal.
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Old 03-26-10, 01:34 PM   #11
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I also think the price is a bit high. We purchased our '06 Co-Mo Primera Co-Pilot last year for $2,450 on eBay, with Arai drag brake, thudbuster stoker seatpost, saddles, front & rear racks, five Arkel panniers/bags (I think the Arkels new would have cost about $800 new) and a second set of tires. It did not include pedals or the S&S cases. We know we got a great deal on this bike and have since upgraded it to the Gates timing chain, Rolf wheels, carbon stoker drop bars etc. We already had one case used for a Ritchey break-away so just bought one S&S case.

People who can spend $5,000 on a bike can usually spend a bit more to get exactly what they want.
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Old 03-26-10, 10:34 PM   #12
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Won't get many, if any, bites at that price . . .
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Old 03-27-10, 06:41 AM   #13
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Won't get many, if any, bites at that price . . .
Yeah, that's pretty much the down side of over-pricing even when you caveat with "asking" or "negotiable", which this seller did not do.

His wording, "Willing to sell this 2000 model in excellent condition for $5000 (buyer pays shipping and insurance)" says "firm price" + another $100 or more for shipping. Again, if that's what he thinks he needs and he can find someone who sees that as a good value, all the better for him. I would have loved to have gotten $6k for our Erickson because I was certain that it would have been worth it if only because lead time on a new one at that time was about 12 months and all Erickson's are unique, one-offs. But, to get that kind of price I would have had to leave it on the market for a looong time OR get extremely lucky. With the 2nd half payment on our Calfee coming due and my luck, I had to price it using my own guidelines and even then I took a little less than asking which is typical.

In fact, I'd recommend anyone selling a tandem put about a 10% buffer on their bottom line, firm cost so that buyers can be given a chance to make an offer or see there's a willingness to negotiate. I think I had our tandem listed for $5,400 and, again, it sold for a little under $5k... within that 10% negotiating reserve / buffer.
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