Originally Posted by
RoadWearier
Ok. I appreciate it. I thought so too. People in my area have gotten very rigid and optimistic about pricing. Not sure why. Guess with spring coming people think they will get more.
He says it's "appraised at $300-500." Don't know where he came up with that
I'm also looking at a 2021 Emonda SL6 which is a different kettle of fish. He won't budge off $1200.
Sellers have the right to ask crazy high prices and be firm on them. Buyers have the right to look elsewhere. I have had zero luck talking crazy sellers into being realistic. I've seen some bikes linger for sale for 3 YEARS or more......
The first thing I do is skip the crazy priced stuff. I might save the listing as occasionally pricing becomes realistic. Often, sellers will see an ASKING price on eBay and confuse "ASK" with "SELLING". I've heard this hundreds of times before "I saw my bike selling on ebay for $xxx." I always ask, "SELLING or ASKING?" I always get a dumb look and just move on.
I've never seen a market where ALL sellers are crazy. So my advice is keep looking. There is a $150 vintage bike in my market right now, asking price $1399. It's been for sale for six months.