1990? Cannondale 3.0- SR400? value
03-16-23, 02:57 PM
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1990? Cannondale 3.0- SR400? value
I wasn't looking for this but I found it in a pawn shop today. It's a 1990's blue and white two tone1990s Cannondale 3.0. It looks to be the SR400 with Shimano RX100 group set. The bike is all stock and the condition is 9 out of 10. The pawn shop was asking $699 and will let it go for $570. I was expecting a lower price of around $400 tops out the door. Are these vintage Cannondale going for this much money? Thanks for any input. THIS IS NOT THE BIKE, this is for the example only.
03-16-23, 06:46 PM
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Anything with an RX100 group would not be worth anywhere near their asking price, and the $570 would be about twice what I would pay for it if it were in great condition.
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03-17-23, 07:15 AM
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Originally Posted by nesteel
Anything with an RX100 group would not be worth anywhere near their asking price, and the $570 would be about twice what I would pay for it if it were in great condition.
yes. Pretty much
I love seeing cordless drills at pawn shops that look like they have been drag down a gravel road that are priced within 85% of new prices.
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03-17-23, 09:40 AM
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I would say about about $300-350 tops you see this level Canondale's going for $200-300 in good condition fairly often in most markets. It seems there are a lot of them out there that haven't been road much for sale. From what I have seen pawn shops are some of the worst places to buy or sell a bike. Out of the couple of hundred bikes that have passed through my hands over the years only one came out of a pawn shop and I got it at huge discount price from a friend that was working at the shop at the time.
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03-17-23, 10:07 AM
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I don’t recall that color scheme for a SR400 - but my Cannondale knowledge is limited
edit: it’s a 90 SR400 Criterium
https://vintagecannondale.com/year/1990/1990.pdf
I have a 91 SR400 (pictured above) - the bike out the door was somewhere around $500 ? (which I thought was a good price considering a 3.0 frame alone cost close to that amount ?)
If I were to rebuild my 91 SR400 with OEM RX100 components - or even 105 or 600 level - I don’t believe it would sell for $400
Last edited by t2p; 03-17-23 at 10:22 AM.
03-17-23, 01:40 PM
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Originally Posted by t2p
I don’t recall that color scheme for a SR400 - but my Cannondale knowledge is limited
edit: it’s a 90 SR400 Criterium
https://vintagecannondale.com/year/1990/1990.pdf
I have a 91 SR400 (pictured above) - the bike out the door was somewhere around $500 ? (which I thought was a good price considering a 3.0 frame alone cost close to that amount ?)
If I were to rebuild my 91 SR400 with OEM RX100 components - or even 105 or 600 level - I don’t believe it would sell for $400
