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-   Classic and Vintage Bicycles: Whats it Worth? Appraisals. (https://www.bikeforums.net/classic-vintage-bicycles-whats-worth-appraisals/)
-   -   1983 Panasonic DX4000 (https://www.bikeforums.net/classic-vintage-bicycles-whats-worth-appraisals/787617-1983-panasonic-dx4000.html)

reelfishin 12-19-11 05:28 AM

1983 Panasonic DX4000
 
I've been thinking of letting my 83 Panasonic DX4000 go.
Its in great shape and has been well cared for over the years. the paint is in great condition, perfect wheelset, Suntour Cyclone derailleurs, Suntour Winner freewheel, Suntour barcons, and new Michelin tires.

The bike was gone through about two years ago, new old stock parts were used to bring it back to original condition, the only exception was the tires and bar tape.
The original tires were Panaracer brand tan skinwalls, I preferred the look of an all black Michelin tire. The original bar tape was cloth, I used a padded modern tape for comfort.

The bike needs nothing, it was completely disassembled and rebuilt using all new bearings and modern grease. The derailleurs are original, the freewheel and chain is new.
The frame is 26" and labeled Champion #2.
It's a tall bike, probably too tall to ship due to it's size. It was by far my favorite bike back in the day, light, nimble, and comfortable to ride.

I've owned this bike since it was about a year old. It spent most of the past 25 years in storage. I rode it a lot back when it was new but have never found the time to ride it since the rebuild. Its just been hanging in the closet upstairs. I have far too many bikes and was thinking about thinning them out a bit, starting with those that are just sitting around. (A pair of bad knees are keeping me away from any serious cycling these days).

Any idea what this should sell for?

http://i42.tinypic.com/353ehie.jpg

wrk101 12-19-11 06:44 AM

Where are you located? Selling a bike this large is very difficult. Hopefully you are in a large metro area.

The good news is while buyers that size are scarce, bikes that size are scarce as well. So its a matter of finding a buyer tall enough for the bike. Once you do, at the right price, it will go fast.

I had two XXL bikes, took a year to sell the first one. The second one sold two days later. That's the challenge of selling locally. You never know when a potential buyer is going to be looking.

sauze 12-19-11 10:10 AM

hopefully in Winnipeg :love:

reelfishin 12-20-11 12:45 AM

I'm in NJ. Every bike I have is this size.
Its size makes shipping all but out of the question.
Large bikes are a hard to find item here, most are very small frames.
Bikes don't sell well here at all, but that don't mean mine is worth any less.
If I don't get what I feel is a fair price, then it won't be sold.
The way I see it, this bike sold for somewhere in the $530 to $599 price range when new, I still have the original receipt for it somewhere, it was bought up in northern NJ. The guy I bought it from bought it for his son, who took the bike all apart about a month after buying it, and rebuilt it as a single speed back when it was new. I bought it with all the original parts and put it back to original back then. I rode is some but never as much as some of my other bikes. Its got maybe a thousand miles on it from back in the day.
I wouldn't let it go for a penny less than $400, if not I guess I'd part it out. The bike is real sharp looking and has a classy look to it. I believe these were third in that year's line up from the top.

FastJake 12-20-11 01:09 AM

It's a nice bike but I wouldn't see it for selling for much more than $300 at least around here, regardless of size. I'd really be surprised if you got $400 for it even in such excellent condition. Not many vintage bikes go that high, only the few very rare ones. It obviously means a lot to you so I'd probably just keep it.


Originally Posted by reelfishin (Post 13620250)
Large bikes are a hard to find item here, most are very small frames.
Bikes don't sell well here at all, but that don't mean mine is worth any less.

You should populate the rest of the country with those small bikes, as they are impossible to find elsewhere. Very large bikes are more rare than the medium sizes, but almost certainly less rare than the very smallest sizes.

For some reason the market decided that small bikes sell for the most and large bikes sell for the least. I'm not sure why, but that's just the way things are.

randyjawa 12-20-11 04:54 AM

Vintage Bicycle Value depends on many things, some of which really have nothing to do with the bicycle, itself.

First, I agree with the large frame and difficult to sell concern. The OP's bike will have a very small market to target but he just might get lucky and find a buyer - but not now! Time of year helps to dictate what a bicycle is worth. Bikes, even vintage ones, are worth less in the Fall and Winter. Needless to say, the value jumps with the approach of Spring and riding season.

Parting the bicycle out will not help to reach the OP's $400.00 target. I would keep the bike in one piece, list it on Craigslist for what I want now, but be prepared to wait until Spring to get best buck.

Hope that is a help and, by the way, nice bicycle.

wrk101 12-20-11 08:13 AM

+1 Around here, it wouldn't bring $400, parting out won't get you there either. It would sell for around $250 here and take a while to get there.

$400 here gets you top of the line.

Market will decide what the bike is worth, not folks on the internet like me.

kc0yef 12-20-11 12:02 PM

see this thread
http://www.bikeforums.net/showthread...asonic-DX-4000

vintagebicycle 12-23-11 07:55 AM

I have the same bike, I agree with the $400 value but I think it would be a hard sell in today's economy.
Advertise it in the nearest metro area, maybe Philly or NYC, which ever is closer.
That's a sharp looking bike with an all Tange #2 frameset and they're not that easy to find these days.
Yours looks to be in super nice shape which to me puts it a step above the average old road bike.
I recently sold a similarly equipped bike by another brand for $350 in the Philly area, it was a little better equipped but it also wasn't a Panasonic.
The brand alone makes a big difference. From what I find, Panasonic is one of the easiest brands to sell, they were well known and have a good following.
For whatever reason, winter seems to be the best time to sell old road bikes for me, I rarely get any replies to CL ads in the spring or summer.
My thoughts were that more people are inside on their computer during the winter.


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