In the past I've commented on this 'Bluebook' thinking its questionable and at least we now have proof.
I did have a 2012 Raleigh Clubman for sale which was a display bike that had less than 10 miles on her.
That guide quoted it around or less than $500 and a potential buyer offered $300!
Also, I've sold bikes in the frozen north and the sold prices were more than the guide so I don't know how they based their prices.
Anyways, nice to see someone showing their true colours. Black.
Happy Trails
Originally Posted by
machinist42
BICYCLE BLUE BOOK SCAM!!! WARNING!!! (Hampton)
"BICYCLE BLUE BOOK is an EBAY store that tricks you into believing your bike is not worth much and they turn around and sell it for twice to three times as much on EBAY. They have partnered with Performance Bikes and other bike shops to get your bike so they can resell at the "RIGHT" price. Above is what happened to me. The trade-in on MY 2007 full carbon Fuji Team RC bike with 10 speed Ultegra was only $280 at Performance Bikes with a "Private Party Value" of only $312 ("GOOD" CONDITION). They got my bike and they are now selling it for $614 with $75 shipping on EBAY. That bike cost me over $3500 new. 10 speed Ultegra level Carbon bike are currently selling for $700 to $1000 on EBAY. I just did not want to deal with shipping a bike, but I should have did some research before turning my bike in at Performance Bikes.
Above is the actual bike that I traded in and the auction where they are re-selling it on EBAY. The other pictures are other examples about how ridiculously far off the "VALUE GUIDE" is vs. what the bikes are really worth.
Tell all of your friends!!!! I understand that they are a business, but manipulating a "Value Guide / Blue Book" for their financial gain is just dirty business. You can safely assume a bike is worth about double the price they report. This will factor in the reality of real-world demand because people don't want to pay 100% retail on a brand new bike.
DON'T BELIEVE THE BLUE BOOK PRICING!!! Look at EBAY's "COMPLETED ITEMS" for the REAL value of a bike you are buying or selling. You will find that bikes really DO NOT depreciate much. In fact, older bikes have much better components. Just look at the new Shimano / Campy 11 speed stuff. It all has such thin teeth on the gears and chainrings that wear out twice as fast as a quality 9 or 10 speed groupset with meaty gears and chains. Brand new frames are not made nearly as well either.
If you can buy or sell your bike for 1/3 to 1/2 of the original retail of that bike, you are getting / paying the right price. If you really want a particular bike, go ahead and pay 3/4 of its original cost. You will still save a ton of money compared to buying it brand new at the bike shop. You can get a higher component group or maybe even get a nice carbon fiber frame for the cost of an the bike shop's entry level bike. Also, bikes really don't wear out unless you are putting 2000 plus miles a year on it. A close inspection will obviously show if a bike has been taken care of and how much it was ridden.
Again.....TELL ALL OF YOUR FRIENDS!!!! They may be missing out on making money when they need to sell their bike or they may be missing out on a great deal because most sellers already know what their bike is REALLY worth and they would be foolish like me to sell it for less."
https://norfolk.craigslist.org/bik/d...447377073.html
(Someone's feeling a bit burned?)