Originally Posted by
KonAaron Snake
Actually I think prices have dropped substantially this year, at l;east on higher end road stuff. Campagnolo parts prices are down a LOT.
I suspect what's happening is that unemployment is high...people are getting desperate and some are flipping bikes without really knowing the market. They're over charging and not selling...so we see their stuff OVER AND OVER again.
I'm seeing some softening in the market as well. 2009 prices were above 2008, but 2010 appears to be dropping price wise around here. I have had to recalibrate my pricing accordingly.
I am seeing the same thing, some people are really hurting, and they are digging out everything they can and selling it on C/L. More people are strapped, and getting $50 or $100 for a bike that has been sitting in the garage for ten years makes a difference for them. Occasionally, you will get someone that thinks they hit the jackpot, and puts a ridiculous price on it.