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Schwinn Peloton Value

Old 02-20-18, 09:42 PM
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Schwinn Peloton Value

This 1998 Schwinn Peloton is for sale near me. Seller is asking $500. Components are 100% Ultegra. Has a carbon fork, recently serviced, including new tires & tape. Seller says it needs a new chain & cassette. Thoughts on value?
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Old 02-20-18, 10:24 PM
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Recently serviced, but didn't include new chain and cassette, hmmm.

20 year old bike, those shifters could be at or near end of life right now. Too much for me.

If you go for it, make sure chain rings are OK. Chain goes first, then cassette, then chain rings.
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Old 02-20-18, 10:30 PM
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That's a Reynolds 853 frame, right? On the good side, you have Ultegra, the 853 frame, and a Reynolds (Ouzo Pro?) carbon fork - I think the stock fork was aluminum but my memory might be a little fuzzy here.

On the not so good side, if the chain and cassette need replacing, I'd be taking a long look at the rest of the components, specifically chainrings, to see how much life they have left.

Bike is FMV as shown, you might be able to negotiate a little off with the chain/cassette needing replacement. Also keep in mind - fairly tight rear triangle means this ride will slant toward responsiveness rather than stability, so hope you're looking for that kind of geometry.

Edit: While I was typing a reply, I see Bill & I were thinking the same thing as far as chain rings...
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Old 02-22-18, 11:00 PM
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Having had a Circuit from this era I'd be willing to bet the C.F. fork is an upgrade over the harsh riding aluminum one. A plus in value. Those are wonderful 853 frames.
Steel is real...and comfy.
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Old 02-23-18, 10:33 AM
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If the components are in good shape except for the chain and cassette and it shifts nicely I would put the value at about the asking price. I do agree with the others that it likely needs more than just a chain drive train wise in which case I would pass it could easily cost $200 plus to get it up to good riding shape if the shifter's and other drive components have significant wear.
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Old 02-25-18, 06:50 AM
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Decided to pass...many thanks to all who replied.
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Old 02-25-18, 08:26 AM
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Great bike (I love 853). Value? I don't see 500 bucks there....I'd rather have the frame/fork for around 200 and build it with some nice modern take-offs.
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