Originally Posted by
Robert A
I realize CL promotes higher asking prices because ads are free. Are there any reliable, third-party sources that track actual transaction prices and offers reasonable guidelines? I don't imagine anyone would be selling a 2017 CAAD12 Ultegra in excellent condition for MSRP x 50% (as BBK suggests).
That seems like a pretty reasonable number for a 1 yr old bike in all honesty. That bike isn't selling for MSRP in a bike shop right now.
For nice round numbers, assume MSRP is $2000. It's a year old, so many bikeshops are likely selling them at ~30% off. Which would be $1400.
So, $1000 from a random goofball on craigslist, or $1400 for a new bike that has never been ridden, from a local bikeshop, with a warranty, likely free tuneups for the first year, discount on accessories at the time of purchase, etc.
Maybe $1000 is a BIT on the light side, but certainly not by much. They've got to sell it at a price low enough to make it attractive iin the above scenario.