Classic and Vintage Bicycles: Whats it Worth? Appraisals. Use this subforum for all requests as to "How much is this vintage bike worth?"Do NOT try to sell it in here, use the Marketplaces.



Old 02-04-19, 06:48 PM
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I've seen a few posts on Mieles. But I am curious what ya'll think about the price on this one. (I like the tri-color groupset. Probably less to do with quality and more to do with nostalgia.)

$235 in Houston
23" according to the ad.
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Old 02-05-19, 09:55 AM
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The subject bicycle appears to be a 1988-1989 Miele Gara 88. Tubeset should be Columbus Cromor. I can't assess the condition from the poor resolution photo but it appears to be 100% OEM, except the tyres and possibly some other consumables. Typically, these are nice, well made, mid-range models with some Italian flair. MSRP was $725 US. Assuming it is ready to ride, with no major issues, I'd say it is fair market value.

Edit: I just noticed the Craiglist link with pictures. Rusty cables and some rust in Allen head recesses, which is typical for age.Looks like it could probably use a new chain and cassette, plus overhaul but overall cosmetics appear better than average for age. Tubing decal does appear to be Cromor, so it is a Gara 88. Previous valuation stands.

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Old 02-05-19, 12:06 PM
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"nothing wrong with it" not exactly.... It needs a full overhaul, if you do the work yourself, no problem. If you pay someone to do it, figure $200 to $250 in work at a bike shop. What it needs is NOT a tuneup, its going to need cables, housings, anything with bearings serviced, maybe a chain, maybe a cassette.

If you do the work yourself, might cost you $30 to $40 out of pocket. Nice bike with a higher end group. Pedals with original cages are a nice bonus.
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Old 02-05-19, 12:37 PM
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The ad has been up 24 days so I'd offer something lower than the asking price. The asking price isn't bad if you can do your own work, decent frame in good shape and nice parts. Evapo rust will fix the rusting and it will cost you a small amount of coin to replace the consumables but this bike, all in all, is in pretty good shape.
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