I agree. After seeing that it was priced quite a bit higher than the value listed in the blue book, I decided to continue to keep looking. I wouldn't have minded paying a bit more than that but it seems like it was overpriced. The owner said that it was 3 or 4 years old. I'm not sure if the owner didn't remember, didn't know the year or was just trying to pass it off as newer.
Originally Posted by
manthe
According to bicycle blue book, if the bike was in 'like new' condition it'd only be worth ~$150.
2004 Trek 7500 - New and Used Bike Value
I don't take the blue book values as gospel, but I personally would not pay $250 for it.