Go Back  Bike Forums > Bike Forums > Classic and Vintage Bicycles: Whats it Worth? Appraisals.
Reload this Page >

Am I asking too much, or should I just be patient?

Notices
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.

Am I asking too much, or should I just be patient?

Old 08-20-21, 11:31 AM
  #1  
rustystrings61 
Senior Member
Thread Starter
 
Join Date: May 2013
Location: Greenwood SC USA
Posts: 1,907

Bikes: 2002 Mercian Vincitore, 1982 Mercian Colorado, 1976 Puch Royal X, 1974 Allegro No. 76, 1973 Raleigh Competition, 1973 Raleigh GS, 1971 Gitane Tour de France and others

Mentioned: 51 Post(s)
Tagged: 0 Thread(s)
Quoted: 668 Post(s)
Liked 873 Times in 468 Posts
Am I asking too much, or should I just be patient?

Howdy, all. This week I've listed a couple of bikes on FB Marketplace.

This one is listed at $40 -

Early 70s Mercier 200 - classic French-built bike-boom-era 10-speed! This one is a bitsa or a Frankenbike with the original Mercier “Luxtub” tubing frame, an Akisu replacement fork, Shimano shifters operating SunTour derailleurs, and Weinmann centerpull brakes with nice hooded levers. EDIT - I have fitted nicer wheels featuring alloy rims and serviceable tires. Bearings are all good and have been serviced. It’s ready to go
!





And then there's this one listed at $60 now -
25-in 1986 Schwinn World Sport; all bearings serviced, wheels trued and cables adjusted; durable Bell Streetster tires are barely used with a lot of life left in them. THE perfect errands/campus/coffee shop bike featuring a main frame of 4130 chrome-moly tubing, dependable 12-speed Shimano gearing and a comfy Avocet saddle. Ready to roll! Local pickup only!






Are my prices realistic? So far I've had one guy who asked me to show him the Mercier who then bailed because he really wants a nice vintage collectible and not a beater like this; then I had a lengthy go-round via FB messenger with a guy who first wanted the Mercier, then the Schwinn, then both, all the while being bullying and low-balling to the point I ended the convo by saying, "No. We're done. Have a nice day."

Thoughts? I mean, apart from cultivate greater patience ...
rustystrings61 is offline  
Old 08-20-21, 12:50 PM
  #2  
3alarmer 
Friendship is Magic
 
3alarmer's Avatar
 
Join Date: Nov 2010
Location: The Big Tomato
Posts: 20,544

Bikes: old ones

Mentioned: 292 Post(s)
Tagged: 0 Thread(s)
Quoted: 23307 Post(s)
Liked 6,724 Times in 4,813 Posts
.
...I'm thinking that you're not asking too much money, and that this is why I am reluctant to run CL ads to sell my bicycles.
A lot of the lower price bike buyers are not especially knowledgeable, so they end up buying at Walmart or Costco.

AS you have discovered already, a lot of the old bike guys are looking for something "collectable" (whatever that means). It's a problem.


I would say treat the whole CL sales experience as more of an opportunity to observe humanity. And pop some popcorn. :
3alarmer is offline  
Old 08-20-21, 12:55 PM
  #3  
bikemig 
Senior Member
 
bikemig's Avatar
 
Join Date: Apr 2012
Location: Middle Earth (aka IA)
Posts: 19,349

Bikes: A bunch of old bikes and a few new ones

Mentioned: 168 Post(s)
Tagged: 0 Thread(s)
Quoted: 5436 Post(s)
Liked 2,268 Times in 1,471 Posts
Great prices so be patient. You may find that asking more money is helpful. People think that a low price means that bike is crummy and needs work. I'd ask a $100 each or more on these bikes and document all the work you've done. Plus explaining why these are good bikes is helpful. You've probably done all of these things but I think a good ad is really helpful in case your description was brief.

Last edited by bikemig; 08-23-21 at 07:09 AM.
bikemig is online now  
Likes For bikemig:
Old 08-20-21, 01:36 PM
  #4  
hayden52
Senior Member
 
Join Date: Oct 2011
Location: Dallas, TX
Posts: 88
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 11 Post(s)
Likes: 0
Liked 24 Times in 12 Posts
Originally Posted by bikemig View Post
Great prices so be patient. You may find that asking more money is helpful. People think that a low price means that bike is crummy and needs work. I'd ask a $100 each or more on these bikes and document all the work you've done. Plus explaining why these are good bikes is helpful. You've problably done all of these things but I think a good ad is really helpful in case your description was brief.
I agree. These are very nice bikes, $40 and $60 is WAY too low. I would ask at least $200, and call them vintage.
hayden52 is offline  
Likes For hayden52:
Old 08-20-21, 02:44 PM
  #5  
TugaDude
Senior Member
 
TugaDude's Avatar
 
Join Date: Nov 2010
Posts: 2,943
Mentioned: 8 Post(s)
Tagged: 0 Thread(s)
Quoted: 422 Post(s)
Liked 380 Times in 275 Posts
Perhaps they are priced so low that people think there's something wrong with them. The bike market is inflated right now, in some markets incredibly so. I'd raise the prices and just be patient.
TugaDude is offline  
Likes For TugaDude:
Old 08-20-21, 02:46 PM
  #6  
Clang
Senior Member
 
Join Date: Nov 2013
Location: South of the Twin Cities, MN
Posts: 4,926
Mentioned: 20 Post(s)
Tagged: 1 Thread(s)
Quoted: 932 Post(s)
Liked 1,005 Times in 719 Posts
I'd agree with the others on pricing.

One thing I'd recommend is retaking your pictures on a sunny day. Wash the bikes and shine up the chrome on the Mercier with some wet aluminum foil. Find a prettier backdrop than that dirty wall. That way you have nice current photos with the correct wheelset on the Mercier.
Clang is offline  
Old 08-20-21, 03:06 PM
  #7  
Vonruden 
Gold Member
 
Vonruden's Avatar
 
Join Date: Mar 2012
Location: Ocean County, NJ
Posts: 3,020

Bikes: Looking for a Baylis or Wizard in 59-62cm range

Mentioned: 62 Post(s)
Tagged: 0 Thread(s)
Quoted: 365 Post(s)
Liked 257 Times in 88 Posts
Just let me know when the Vincitore is for sale.
__________________
"My biggest fear is that when I die my wife will sell my bicycles for what I told her they cost."

Get on your bikes and ride!

https://instagram.com/norseamerican/
Vonruden is offline  
Old 08-20-21, 04:27 PM
  #8  
Oldsledz
Senior Member
 
Join Date: Feb 2019
Location: Mid Michigan
Posts: 220
Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 58 Post(s)
Likes: 0
Liked 131 Times in 61 Posts
I have sold a lot of bikes here in Michigan this summer in June I could have sold those two bikes fast for what you are asking, but it is getting late in the season now and the ones I have for sale now are getting much interest.
Oldsledz is offline  
Old 08-20-21, 06:09 PM
  #9  
randyjawa 
Senior Member
 
randyjawa's Avatar
 
Join Date: Apr 2007
Location: Thunder Bay, Ontario, Canada - burrrrr!
Posts: 11,253

Bikes: 1958 Rabeneick 120D, 1968 Legnano Gran Premio, 196? Torpado Professional, 2000 Marinoni Piuma

Mentioned: 201 Post(s)
Tagged: 0 Thread(s)
Quoted: 1235 Post(s)
Likes: 0
Liked 1,289 Times in 738 Posts
You might have missed including an important word in your listings. The word is "vintage" believe it or not.
__________________
"98% of the bikes I buy are projects".
randyjawa is offline  
Old 08-20-21, 06:22 PM
  #10  
repechage
Senior Member
 
Join Date: Jun 2006
Posts: 17,398
Mentioned: 113 Post(s)
Tagged: 0 Thread(s)
Quoted: 2389 Post(s)
Liked 1,306 Times in 986 Posts
The blue bike looks sad, so does the Schwinn... think presentation.
lower the saddle on the blue one, just looks cramped and awkward. could use a silver seatpost.
wipe off the rims well, make the whatever chrome shine.
The dirt about the bottom bracket does not imply serviced. (red bike)
I would consider not photographing at least one or two images out in the sun.

vintage is a good key term and raise the prices by $100.
repechage is offline  
Old 08-20-21, 08:30 PM
  #11  
Insidious C. 
Crash Test Dummy
 
Join Date: Jan 2014
Location: PNW
Posts: 1,412

Bikes: One of everything and three of everything French

Mentioned: 45 Post(s)
Tagged: 0 Thread(s)
Quoted: 376 Post(s)
Liked 210 Times in 131 Posts
Your prices seem good to me. It generally takes me a week to sell a bike that I have priced fairly (meaning well below typical CL ask). Often I will only receive one response. Best of luck!
__________________
I.C.
Insidious C. is offline  
Old 08-20-21, 08:45 PM
  #12  
Chuck M 
Butted Hi-Tensile
 
Chuck M's Avatar
 
Join Date: Sep 2020
Location: Oklahoma
Posts: 974

Bikes: Hi-Ten bike boomers, a Trek Domane and some projects

Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 320 Post(s)
Liked 778 Times in 400 Posts
I don't sell bikes, but I spend a lot of time browsing CL and FB Marketplace for bikes that I think I need. While these bikes aren't what I'm looking for, the prices don't stink on ice. I think your presentation is lacking. As others have mentioned, lighting, angle and location can make a difference. Many online ads feature bikes against a garage door, fence or are obviously taken the moment it is removed from a storage locker. Make your ad stand out a bit by not making your ad look like those.

Edit: I'd probably be interested in the Mercier were it local even with the pictures not being flattering. Better pictures and you may be able to bump the price and in the end the worst case is you negotiate back to what you originally listed it at.
__________________
"It is the unknown around the corner that turns my wheels." -- Heinz Stücke


Last edited by Chuck M; 08-20-21 at 08:49 PM.
Chuck M is offline  
Likes For Chuck M:
Old 08-20-21, 10:23 PM
  #13  
SurferRosa
Señor Member
 
SurferRosa's Avatar
 
Join Date: Dec 2018
Location: Pac NW
Posts: 5,610

Bikes: Old school lightweights

Mentioned: 71 Post(s)
Tagged: 0 Thread(s)
Quoted: 2328 Post(s)
Liked 3,028 Times in 1,645 Posts
Take them to the nicest park near your house and photograph them in the partial shade with the sun behind you. And jack up your prices a bit.
SurferRosa is online now  
Likes For SurferRosa:
Old 08-21-21, 07:17 AM
  #14  
Kabuki12
Senior Member
 
Kabuki12's Avatar
 
Join Date: Jan 2016
Location: Ventura County ,California
Posts: 2,229

Bikes: 71 Stella,72 Mondia Special,72 ItalVega Grand Rallye, 73 Windsor Pro,75 Colnago Super,76 Kabuki DF,77 Raleigh Comp.GS,78 Raleigh Pro,80 Moto Gran Sprint,82 Medici Pro Strada

Mentioned: 28 Post(s)
Tagged: 0 Thread(s)
Quoted: 515 Post(s)
Liked 1,078 Times in 640 Posts
Yea , Out here they would have sold quickly at that price. I know CL can be challenging sometimes but I have sold a couple of bikes and it turned out OK. It IS true that the "vintage" word helps. Cool bikes for little money get sold fast around Southern California , but I have never sold a bike for less than $150 even an entry level bike.
Kabuki12 is offline  
Old 08-21-21, 07:31 AM
  #15  
Jeff Neese
Senior Member
 
Join Date: Jul 2014
Posts: 639
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 321 Post(s)
Liked 221 Times in 145 Posts
Maybe it's just the photos, but that blue one looks like a rattle-can paint job, and someone even painted fake chrome on the fork and rear stays. There doesn't appear to be any decals at all, so you have no idea what that bike actually is. It looks like there's easily $40 worth of parts, though.
Jeff Neese is online now  
Old 08-21-21, 08:28 AM
  #16  
2old
Senior Member
 
Join Date: Jul 2014
Location: socal
Posts: 3,421
Mentioned: 8 Post(s)
Tagged: 0 Thread(s)
Quoted: 678 Post(s)
Liked 466 Times in 355 Posts
I agree with above; some individuals don't bother to even look at bikes <$100 or so. Put them in for $150 - $200 with a long list of their positive attributes, maybe with a "will consider offers" statement and wait a few days.
2old is offline  
Old 08-21-21, 08:57 AM
  #17  
xiaoman1 
Awaiting Parole
 
xiaoman1's Avatar
 
Join Date: Mar 2014
Location: Weird Coast City of the Angels
Posts: 4,488

Bikes: A few too many

Mentioned: 39 Post(s)
Tagged: 1 Thread(s)
Quoted: 1085 Post(s)
Liked 1,436 Times in 783 Posts
IMO, Priced low but in need of a cleanup to present well and sale for the asking price...start sell number a bit higher with the option to make an offer.
GLWTS, Ben
__________________
"STAND UP FOR WHAT IS RIGHT EVEN IF YOU ARE THE ONLY ONE STANDING"
Voice recognition may sometimes create odd spelling and grammatical errors

xiaoman1 is offline  
Old 08-21-21, 12:04 PM
  #18  
wrk101
Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 23,096

Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more

Mentioned: 88 Post(s)
Tagged: 0 Thread(s)
Quoted: 1072 Post(s)
Liked 581 Times in 412 Posts
Shows how dead the Greenwood market is for vintage bikes. Selling locally is all about location. I stopped messing with the lower end stuff as even if I get the bike for free, by the time I replace consumables, I lose money. The World Sport is both low end, and big (size wise). I struggle selling anything that size.

If I see a really cheap bike at a garage sale, say $20 or less, I will pick it up and drop it off at the co-op. The co-op has the advantage of "free" consumables that I do not have.

The other thing I look for on cheap bikes are parts. If there are some decent parts, I might buy. In the world of old MTBs, I look for decent cranksets, thumb shifters and pedals.

I have also found selling on FB marketplace a complete waste of time. Again, its all location. FB marketplace may be a great place to sell stuff in some markets.

Now I do a lot better picking up the high end stuff instead. Might pay $400 to $600 for it, could be worth $750 to $1000. Thinking back to the last three bikes I have bought most recently, $300, $400, and $250. Returns were quite good on those buys.

If the goal is to make a profit, or some $$ for your bike fund, aim higher! And consider some as part outs.

Tires on the Mercier look really bad. Nice tires sell bikes. Buyers think tires are really expensive.

Last edited by wrk101; 08-21-21 at 12:09 PM.
wrk101 is offline  
Old 08-21-21, 01:28 PM
  #19  
Mr. 66
Senior Member
 
Mr. 66's Avatar
 
Join Date: Aug 2015
Posts: 2,278
Mentioned: 31 Post(s)
Tagged: 0 Thread(s)
Quoted: 720 Post(s)
Liked 785 Times in 475 Posts
I have the Schwinn going a little higher at about $125-150.

the Mercier I don't know, that may be better to sell as a bare frame, fork headset for $30, and hold parts for another frame.

I would put a cleansing on the bikes, and the photo spot shouldn't have anything that draws a negative like clutter, trash cans. I think your siding could use a wash as a background goes.
Mr. 66 is offline  
Old 08-21-21, 05:16 PM
  #20  
Mr.Toolbox
Senior Member
 
Join Date: Sep 2015
Posts: 59
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 23 Post(s)
Likes: 0
Liked 1 Time in 1 Post
Respray the Mercier frame pink and buy new decals afterwards it should easily sell for 200 usd.
Mr.Toolbox is offline  
Old 08-21-21, 05:32 PM
  #21  
CliffordK
Senior Member
 
CliffordK's Avatar
 
Join Date: Nov 2014
Location: Eugene, Oregon, USA
Posts: 26,884
Mentioned: 213 Post(s)
Tagged: 0 Thread(s)
Quoted: 15732 Post(s)
Liked 3,160 Times in 2,353 Posts
I agree... $150 to $195 should be a good price.

I'm not familiar with "Luxtub". So, perhaps some explanation of what it is for the bike people.

Make sure you list the frame size. Center of the BB to the top of the top tube along the seat tube. 58cm for the Mercier, 60cm for the Schwinn?

I like sizes in cm, but you can also do inches.

If you are selling a "commuter bike", I wonder if things like a basic bike rack would help. I regularly find them for about $5 at thrift stores.

Personally I do very little on Facebook. So, it is either on Craigslist, or I don't see it.
CliffordK is offline  
Old 08-22-21, 11:08 AM
  #22  
Oldbikenut
Senior Member
 
Join Date: Feb 2016
Location: New Mexico
Posts: 146
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 31 Post(s)
Liked 42 Times in 23 Posts
Prices are more then fair!!!
Oldbikenut is offline  
Old 08-22-21, 12:35 PM
  #23  
jdawginsc 
Edumacator
 
Join Date: Jan 2018
Location: Goose Creek, SC
Posts: 4,233

Bikes: '87 Crestdale, '87 Basso Gap, '92 Rossin Performance EL-OS, 1990 VanTuyl, 1980s Losa, 1985 Trek 670, 1982 AD SLE, 1987 PX10, etc...

Mentioned: 26 Post(s)
Tagged: 0 Thread(s)
Quoted: 1345 Post(s)
Liked 1,237 Times in 866 Posts
Double the price. If they don’t sell in two weeks, raise it again.

I actually did that the end of summer to pare down the overstock I bought last year for the student bike giveaway.
__________________
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1980s Vanni Losa Cassani thingy, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981? Faggin, Cannondale M500, etc...Need to do an N -1...



jdawginsc is offline  
Old 08-22-21, 12:56 PM
  #24  
himespau 
Senior Member
 
himespau's Avatar
 
Join Date: Jun 2008
Location: Louisville, KY
Posts: 12,600
Mentioned: 29 Post(s)
Tagged: 0 Thread(s)
Quoted: 3193 Post(s)
Liked 1,912 Times in 1,116 Posts
When prices are too low (or free), I tend to get a lot more hassle and less serious people (and more no shows) than when I raise the price a bit.
himespau is offline  
Old 08-23-21, 11:40 AM
  #25  
rustystrings61 
Senior Member
Thread Starter
 
Join Date: May 2013
Location: Greenwood SC USA
Posts: 1,907

Bikes: 2002 Mercian Vincitore, 1982 Mercian Colorado, 1976 Puch Royal X, 1974 Allegro No. 76, 1973 Raleigh Competition, 1973 Raleigh GS, 1971 Gitane Tour de France and others

Mentioned: 51 Post(s)
Tagged: 0 Thread(s)
Quoted: 668 Post(s)
Liked 873 Times in 468 Posts
All good and useful information, and thanks! It's not so much that I seek to maximize my profits, I was just hoping to blow out these two bikes cheap and fast to people who would ride them. The Greenwood market is SOOOOO dead for vintage it's not even funny - though if I was up the road in Greenville, that would be another matter. If I was in Greenville I would splash "VINTAGE!!" all over the ads and watch the hip folk knock each other over in their rush for them. But, alas, I am not.

The Mercier IS rattlecanned, and the front fork does indeed have chrome spray paint on it in an attempt to match the very tired real chrome on the rear. It's cheap because it is a basic French gaspipe beater - Luxtub was Mercier's equivalent of Liberia 102 tubing, or Peugeot's basic stuff. It takes a 25.4 mm seatpost. But still, a running bike with tires that hold air, no matter how cosmetically challenged, ought to have moved by now at $40.

The World Sport is low end, but serviced and running reasonably well, and a good choice for someone to get around on. I guess it's a sign of how dead the market around here is. Of course, realistically, it always has been. I had a Centurion Signet in good running shape, nicer than either of these, sitting in the LBS on consignment for more than a year with no bites.

Thanks for your time, y'all! If they sit around much longer, I'll donate them somewhere. The Mercier was a clunker challenge bike a few years back, and the World Sport temporarily donated its wheels and crankset to my 2020 entry, so I suppose I got my money's worth out of them!
rustystrings61 is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.