Originally Posted by
jdownie
What is the relevance of the price he paid for the bike? If it was a gift, should he give it away for even less? The price should be set by the demand in the marketplace, rather than the cost. I am not commenting on the price itself, as it hasn;t sold so we have little insight into the value, but simply wanted to comment on the irrelevance of the purchase price in the equation.
I agree, that's why I'm trying to sell a new Aerospoke front wheel for 350 - they go for 300 on the website, but you'll have to wait 2 months AND pay shipping ~20.00
Originally Posted by
Diode100
If it is a genuine Jeep approved model it I'd have thought it would be a good quality item, so must be worth closer to $345 than $70, no ? Maybe the idiot is the guy who sold it for $70 in the first place.
Just to clarify, the ACTUAL value of this item (retail price) is around $120 (if I remember correctly). I see them on base all the time at the PX. In fact, I highly doubt there is excess demand for the product. He purchased the bike at a 'normal' used retail. Now he's just trying to flip it.