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Schwinn - Paramount Series 6

Old 03-31-19, 10:19 PM
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natmarz
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Schwinn - Paramount Series 6

hello,
I have a Schwinn Paramount Series 6 women's road bike in white grey and pink.
I can't seem to figure out the value of it, and I was wondering if someone might be able to help me. It was my late mother's bike, and now I'm leaving for grad school and have to downsize, but would like to be educated in selling this bike!

Please let me know if you have any questions!

Thanks!
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Old 03-31-19, 11:37 PM
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Ask on the C & V Valuation forum. Link below. The people that know that information frequent that. Best wishes.


https://www.bikeforums.net/classic-v...th-appraisals/

Last edited by RobbieTunes; 04-01-19 at 12:27 AM.
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Old 04-01-19, 04:29 AM
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Originally Posted by natmarz View Post
I can't seem to figure out the value of it, and I was wondering if someone might be able to help me.

Thread moved from Classic & Vintage forum to C&V Appraisals forum.
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Old 04-01-19, 06:18 AM
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@natmarz Any pictures would be helpful. You might need to post a few more times before getting the ability to upload pictures.

What model components are on the bike?

The PDG Series bikes were early 90s mid-to-high-end road bikes that were built in Japan (Panasonic) or Taiwan under contract. Depending on the components and the condition of the bike, they would be worth somewhere between $150 and $350, I'd say.
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Old 04-01-19, 08:49 AM
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Not a PDG bike, its a modern Paramount. Depends on condition, I'll guess $500 if it has Ultegra ten speed component group and everything works well.

Now getting what its worth is not automatic. Your ability to write a great ad, with awesome pictures, with the bike super clean, makes all the difference. Location matters too! Many bikes sell below FMV for this reason.

Bicycle blue book will give you an estimate, they are usually low. If it is, be prepared for buyers to throw that in your face.
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Old 04-01-19, 12:13 PM
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Hello!

Thank you all for your replies.

Just for context... I've listed the bike for $2,700 Canadian, as my mother purchased it for $3,200 CAD.

It's only lightly used.

Here's my attempt at sharing the images with you:

dropbox.com/home/MOVING%20SALE/items%20to%20sell/Schwinn%20Bike%20Paramount%20Series%206

you may need to copy and paste the link in your browser! Sorry if I'm breaking the rules - I can take down the link , but i'm just a little pressed for time because I'm moving and need to get things rolling.

Thanks all!
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Old 04-01-19, 12:15 PM
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natmarz
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Please be mindful of the background, I've had to downsize, and move everything into a storage facility
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Old 04-01-19, 02:05 PM
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The link to your drop box is not going to show your photos. It will take me to the sign in page for my drop box. So make a few more comments like, oh darn. Then another one like, technology is frustrating or some such wording. You could compliment me on my avatar. Then you will be able to post photos. Over $2000 US dollars may be a tad optimistic. Bicycle depreciation is like a car. Steep. Like a 12% grade.
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Old 04-01-19, 07:04 PM
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Originally Posted by natmarz View Post
Hello!

Thank you all for your replies.

Just for context... I've listed the bike for $2,700 Canadian, as my mother purchased it for $3,200 CAD.

It's only lightly used.

Here's my attempt at sharing the images with you:

g.

Thanks all!

You are going to be keeping it for a while. Your pricing is way too high. Realize many shops discount bikes at the end of the year 25 to 30%.

Most used bikes are lightly used, its just how it goes with any exercise equipment. A small percentage get used, most are in the lightly to rarely used category.

What basis do you have for your price? Its a used bike, bikes depreciate very quickly. I am guessing your bike is about 7 years old. If so, the depreciation of most bikes at that age is somewhere around a 75% drop in value. Maybe yours is newer, I have nothing to go on. A two year old bike typically has dropped at least 50%.


Here's one for $630, still available.

https://us.letgo.com/en/i/schwinn-pa...a-5784639b2ce2


Pressed for time? Need to sell? Think more like $400 US.

Last edited by wrk101; 04-01-19 at 08:27 PM.
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