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Help pricing bike...

Old 06-21-10, 09:47 AM
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Help pricing bike...

I have an old Trek OCLV Roadbike that I have been trying to sell, but I have no idea what it is worth. I am also trying to sell locally and could use advice on that if people have experience.

Here is what I know: I've searched online but can't figure out what year the bike is. In fact I can't find other pictures like my bike. I have an email in to Trek.... but no response. I bought it in 2000 from the original owner, it is a red and white bike with a blue fork and a blue USPS decal on it. I'm not sure how to tell if it has a threadless fork, but I could check if someone can tell me how. It has dura-ace components and nimble crosswind wheels. Here is a link to pictures, there are way more than you need but I can't seem to upload a single picture here:

If someone here can help I would really appreciate it!
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Old 06-21-10, 09:55 AM
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Nice looking bike.
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Old 06-21-10, 10:47 AM
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Bike looks like a 1998 Trek 5500 to me. If so, both sets of wheels are wrong. Bike came with a threaded headset and a quill stem. Looks like someone put a threadless adapter on it. Adapter or not, it still has a threaded headset.

1. Look up the date codes on the original Shimano components (go to vintage Trek for details), then add about six months and you will be there on the date. Also check bikepedia, compare components, paint colors, etc.

2. Unless you want to give away all the extras for free, I would put the somewhat original stock wheels back on the bike, and sell just the bike. Then I would sell the wheels separately, ditto the extra rear cassette (ebay), speedplay pedals (ebay) and so on. The sale of the carbon wheels and the bike could be local (C/L), could be ebay. Check completed auctions on ebay for what the stuff will likely bring.

3. If you want maximum return, you should part it out, sell everything separately on ebay, frameset, Dura Ace bits, wheelsets, pedals, etc...

Lots of variance on ebay. Your skills in marketing the bike and parts well will determine quite a bit of the price. Do you have a proven track record on ebay?

A good chance if you sell it as a package locally, the buyer will do what I describe above (part it out).

I have sold high end wheelsets locally, probably cost me 20% in value compared to ebay. High end bikes here do not get market value on Craigs List. Most buyers on C/L are looking for a $100 to $200 bike, or a steal on a higher end bike.

Selling locally around here means Craigs List. To get close to full market value on C/L, your skill as a marketer will matter. Full size pics, a good description, being available/flexible on showing it, etc. Its not as simple as just throwing it out there. I love the just throw it out there crowd with crappy ads. I will end up picking up some of those deals. So as a buyer, crappy ads are great, as a seller, obviously not so hot.

Consider the work in selling a nice used car. To get full value, you would detail it first. Then get to know the local market. Create a great ad with knock out pictures, and so on. Selling a bike is not much different, except there is greater variance on pricing. Used cars have well publicized values. Used bikes don't.

And to sell a bike complete, it really needs to be spotless, in great shape. Tires need to be good and match (your tubulars are not in great shape and do not match). The bike itself looks very clean. That's a plus for sure. Less is more.

Assuming the bike is a 1998, thats 12 years old. Original MSRP was $3300. As a complete bike, it would probably sell for around 25% of MSRP, which puts you around $800. A quick glance at ebay and I do not see the old ones going for that much.

Last edited by wrk101; 06-21-10 at 11:57 AM.
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Old 06-21-10, 10:56 AM
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Link to 1998 5500
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Old 06-21-10, 11:56 AM
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WOW! Thank you all so much!!! I can't tell you how much I appreciate your help!
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