Originally Posted by
wrk101
To me the loss of value is straight forward. At best, the bike will retain its pre-repaint value. The owner has just lost the cost of the repaint.
Having collected antique furniture for almost 50 years now, some of my early decisions to refinish have come back to haunt me. I spent serious $$ on the refinish work, and in return, lowered the value of every piece by 50 to 75%. Now the lower end stuff does not get hurt too much on value. But any of the better stuff, ouch.
Originally Posted by
well biked
That's what I was thinking, too.
Apples and oranges. Two separate topics. But...... I see we agree.
Of course you will likely not recoup the cost of the repaint. That is not the same as devaluing the bike. That frame just will not be degraded in value by 50-75%, it just won't. This is a production bike we're talking about, not a singularly special one-off.
Again - I ask the question:
How much is this particular frame/fork worth as it sits? Now..... how much is it worth with a Waterford refinish? Give me some numbers, please. Tell me just how much of the value is lost.