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'92 Paramount PDG Series 2, what's a fair price?

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'92 Paramount PDG Series 2, what's a fair price?

Old 01-20-10, 03:27 PM
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khatfull
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'92 Paramount PDG Series 2, what's a fair price?

Have a line on one...95+% showroom condition, ALL original. 7-speed EX500 all around.

What would you think is a fair price. Anyone?
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Old 01-20-10, 03:36 PM
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Originally Posted by khatfull View Post
Have a line on one...95+% showroom condition, ALL original. 7-speed EX500 all around.

What would you think is a fair price. Anyone?

I can't tell you what a fair price for that bike is but I can tell you I recently paid $150.00 for a Series 5 that needed a bit of work, I've been told by reliable members that the Series 5 and 7 were made in Japan by Panasonic, and the lower numbered bikes in the series were made in Taiwan, I may be wrong and I'm sure someone will be along soon to let you know if this is correct. BTW, pics always help.
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Old 01-20-10, 03:51 PM
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$200-225 is a fair street price in ready to ride condition.
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Old 01-20-10, 04:04 PM
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Originally Posted by miamijim View Post
$200-225 is a fair street price in ready to ride condition.
Yeah, that's about what I figured...here's a pic.

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Old 01-20-10, 04:11 PM
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Moving to Appraisals
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Old 01-20-10, 04:55 PM
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Probably could do a little better on it around here due to the Paramount name. Maybe $250 to $275 come riding season.
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Old 01-20-10, 05:15 PM
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I sold pretty much the exact same bike, same components in OCT 09 in SoCal for $300, pretty easily. Completely overhauled with new tires and bar tape. I would have kept it but it was too small. A very nice rider.
In MN in the dead of winter, hmmmm, what miamijim said.
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Old 01-20-10, 08:46 PM
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+10 Sell it now you will take a major hit. I am seeing similar bikes to this one going for $100, maybe $150 max. Timing on local sales is critical.
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Old 01-21-10, 09:43 AM
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I'm not the seller...the interested buyer...seller wants $325. I figured that was too high but bike prices here in Minneapolis are just insane anyway. Want a laugh, browse the Minnneapolis CL bike listings...some of the prices just seem to be insane:

https://minneapolis.craigslist.org/da...563197162.html
https://minneapolis.craigslist.org/da...563238966.html
https://minneapolis.craigslist.org/hn...562322591.html

I was interested because 1) I've been looking for a classic bike just for the fun of it and 2) the PDG Schwinn's looked like a nice balance between price and quality for a "vintage" bike...assuming '92 is vintage

Oh, and sorry, didn't realize there was a separate pricing and appraisal sub-forum.

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Old 01-21-10, 12:13 PM
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I had the exact same model. The guy I got it from ran it on Craigslist for three months. He started at $600 and kept dropping the price until it was $200. It never sold for that price and he ended up giving it to me.

I think the Paramount OS bikes actually are devalued by the name Paramount. Look at threads on the bike forums and you will see that it gets a lot of bad press because it isn't a "true" Paramount. Since they always looked at by collectors as a model to avoid, casual buyers have also perceived them that way. Thus, they sell for less than many comparably equipped, or even inferior bikes, merely because of their reputation as 'lesser' Paramount.
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Old 01-21-10, 04:51 PM
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Originally Posted by khatfull View Post
...seller wants $325. I figured that was too high but bike prices here in Minneapolis are just insane anyway.
Your local market conditions come into play more than you'd think. In the spring I'm sure I could get more than my inital guesstimate in Tampa, then again I havent sold anything this winter so i'm not sure what kind of prices Tampas bringing at the moment. I figure there's at least a $200 spread between the hot and cold markets in the winter and at least a $100 spread between them in the summer.

If your in a high market your in a high market.....does it fit?
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Old 01-21-10, 06:44 PM
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Originally Posted by miamijim View Post
Your local market conditions come into play more than you'd think. In the spring I'm sure I could get more than my inital guesstimate in Tampa, then again I havent sold anything this winter so i'm not sure what kind of prices Tampas bringing at the moment. I figure there's at least a $200 spread between the hot and cold markets in the winter and at least a $100 spread between them in the summer.

If your in a high market your in a high market.....does it fit?
If the guy's measurements are accurate, yes, it will fit.

I'm going over to take a gander tomorrow...I'll drop a post back here when I do...
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