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What is this bike worth?

Old 05-04-13, 12:15 PM
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nandofig
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What is this bike worth?

A couple of months ago my dad bought this bike at a yard sale, and he has been using it since then. Today a guy offered him $75. Is that a good offer?



I think the brand is Hummingbird.

If i posted in the wrong section im sorry im a newbie.

edit-the guy actually offered $175
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Old 05-04-13, 12:23 PM
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No. I would need to see a lot better pic to come up with an estimated value, but it is way over $75
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Old 05-04-13, 12:24 PM
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That is a Zunow and $75 is not a good offer. In certain cases, a zero added to the end would not be out of line.
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Old 05-04-13, 12:27 PM
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Wow is it really worth that much?

here is a bigger picture


https://imageshack.us/photo/my-images/268/dsc00698m.JPG/
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Old 05-04-13, 12:29 PM
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It's a somewhat valuable bike.
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Old 05-04-13, 12:37 PM
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Zunow.

$700 to $1000 would not be out of line.
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Old 05-04-13, 12:45 PM
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Would Craigslist be a good way to sell it, or is there another place to sell bikes. Thank you so much for your responses.
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Old 05-04-13, 12:56 PM
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Originally Posted by nandofig View Post
Would Craigslist be a good way to sell it, or is there another place to sell bikes. Thank you so much for your responses.
Depending where you live, bikes at that price level are hard to sell on Craigs List. Now if you are in or near SF, should be able to sell it there.

In my market, once you get over a certain price level, older bikes tend to sell for about half their market value. Great for buyers, lousy for sellers.

You will need to turn up your marketing game quite a bit: get the bike spotless, great pics, etc. About half of what you will get for the bike is up to you in that regard.

Ebay? Depends on your reputation as an active seller on ebay as well. And marketing skills there are just as important if not MORE important. Buyers will not be able to preview the bike in person, so your ad/listing will have to be good enough, and your reputation strong enough, that the buyers will be willing to bid on your item. And do you have the ability to properly pack a bicycle? Local pickup only on ebay does not work for the seller (can be great for the buyer).

In general, ebay is a lot more work, but can (no guarantees here) result in a much higher price, even after the ebay fees.
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Old 05-04-13, 01:10 PM
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Need a LOT better pictures and more info if you expect to sell this bike. Need info on the tubing, and all components (looks to be a complete 600 Ultegra tri-color group.)

$700-1000? Maybe, but you will have to do some serious work marketing (compared to what you have done so far) to get that much. Even with the one lousy photo, I would say $300 minimum.
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Old 05-04-13, 01:11 PM
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Originally Posted by wrk101 View Post
Depending where you live, bikes at that price level are hard to sell on Craigs List. Now if you are in or near SF, should be able to sell it there.

In my market, once you get over a certain price level, older bikes tend to sell for about half their market value. Great for buyers, lousy for sellers.

You will need to turn up your marketing game quite a bit: get the bike spotless, great pics, etc. About half of what you will get for the bike is up to you in that regard.

Ebay? Depends on your reputation as an active seller on ebay as well. And marketing skills there are just as important if not MORE important. Buyers will not be able to preview the bike in person, so your ad/listing will have to be good enough, and your reputation strong enough, that the buyers will be willing to bid on your item. And do you have the ability to properly pack a bicycle? Local pickup only on ebay does not work for the seller (can be great for the buyer).

In general, ebay is a lot more work, but can (no guarantees here) result in a much higher price, even after the ebay fees.
I'm about 130-140 miles from SF and about 45 miles from Sacramento. I can clean the bike and take great pictures, but other than that I don't have a clue what kind of information buyers are looking for. Ebay wont work. I'm not an active seller, and i wouldn't know where to begin when it comes to packaging a bike.

If I were to take it to a bike shop, what is the minimum I should sell it for.
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Old 05-04-13, 01:44 PM
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Originally Posted by nandofig View Post
I'm about 130-140 miles from SF and about 45 miles from Sacramento. I can clean the bike and take great pictures, but other than that I don't have a clue what kind of information buyers are looking for. Ebay wont work. I'm not an active seller, and i wouldn't know where to begin when it comes to packaging a bike.

If I were to take it to a bike shop, what is the minimum I should sell it for.
Look at the photos and description of this Zunow that sold in March for $2,650 with 12 bids on ebay. This is the kind of information and detailed photos buyers are looking for.

Vintage Zunow with Pantographed Components

I sure as heck wouldn't part with it for less than $500 or $600.

Details of the components (derailleurs, crankset, rear hub and number of cogs, rims, brakes, saddle, seatpost and seatpost diameter, stem, handlebar, tubing decal if any, etc.) are all very important to list.
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Last edited by Scooper; 05-04-13 at 01:48 PM.
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Old 05-04-13, 01:45 PM
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Bike shops will give you about half at best, $250, maybe $300.

The difference between the higher prices above and this? Your efforts to properly present and market the bike.

Shops around here would give you a lot less. They do not want to be bothered with used bikes, and they have a tendency to undervalue older stuff.

I buy quite a few older bikes from shops, they are happy to get rid of them.


Easy = prepare to get at best half, probably less for the bike.

No idea how to describe or market the bike? This is the age of google. 30 minutes of research and you will come up with all kinds of information.

If you decide not to go through this effort, your buyer probably will. Do not get upset with them when they turn around and sell it for 2 to 3X.
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Old 05-04-13, 01:57 PM
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Thanks Scooper and wrk101for your advice and information. I'll do my research and post everything I find in a couple days to get a better estimate. I go to SF once a month so maybe i can find a buyer over there.

Once again thanks
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Old 05-04-13, 02:01 PM
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Appears to be all Shimano 600 Tricolor w/Araya rims(can't see the rims that well). Scooper is in the ballpark on what it is worth. If it fits, ride it. You won't easily find a better bike for $600.
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Old 05-04-13, 02:10 PM
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Originally Posted by roadrunner2012 View Post
Appears to be all Shimano 600 Tricolor w/Araya rims(can't see the rims that well). Scooper is in the ballpark on what it is worth. If it fits, ride it. You won't easily find a better bike for $600.
Yup it is all Shimano 600 with Araya rims.
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Old 05-04-13, 02:54 PM
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Full tricolor single pivot 7s, all the way down to the pedals, stem and post? On the upper end of the $700-1000 spectrum, that bike looks to be in VERY good shape.
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Old 05-04-13, 06:01 PM
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Great looking Bike

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Old 05-04-13, 06:19 PM
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I would not take less than 900.00 for a Zunow like this.
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Old 05-04-13, 06:32 PM
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My dad is over the moon right now, especially since he got this bike for $10. He said he had to change the tubing, but everything else is fine. When taking pictures, is there anything in particular i need to take pictures of?
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Old 05-04-13, 06:48 PM
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Originally Posted by nandofig View Post
My dad is over the moon right now, especially since he got this bike for $10. He said he had to change the tubing, but everything else is fine. When taking pictures, is there anything in particular i need to take pictures of?
Your dad did very, very well.

Once the bike is cleaned up, take good, high resolution pictures in good diffused light (cloudy is good to prevent shadows) with a neutral solid background (white garage doors are often used - you don't want clutter distracting from the bike) of the drive side of the bike (full frame), then detailed close-ups of the seat cluster, the head lugs, the fork crown, the front crank and derailleur, the rear derailleur and rear cogs, front and rear hubs, front and rear rims showing labels, tubing decal, and front and rear brakes.

Look at bike photos on ebay for ideas. Lousy pictures don't sell bikes.

EDIT - Check out the photos of this Zunow Hummingbird for some good ideas about what you'd like yours to look like. The tubing sticker shows TANGE Prestige was used for this bike.

Zunow Hummingbird

You'll also want to list the frame size and how it was measured. Two important dimensions are the length of the seat tube from the center of the crank to the top of the seat tube (where the seatpost gets inserted), and the length of the top tube from center of the head tube to the center of the seat tube.

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Last edited by Scooper; 05-04-13 at 07:33 PM.
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Old 05-04-13, 07:25 PM
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Originally Posted by nandofig View Post
I'm about 130-140 miles from SF and about 45 miles from Sacramento. I can clean the bike and take great pictures, but other than that I don't have a clue what kind of information buyers are looking for. Ebay wont work. I'm not an active seller, and i wouldn't know where to begin when it comes to packaging a bike.

If I were to take it to a bike shop, what is the minimum I should sell it for.
In that case, take some good detailed photos and put it on craigslist. You're near one of the hottest (the hottest?) bike markets in the US. You should do well.

I would not take it to a shop. Shops around here might offer you $100 or less for it, then mark it at $1000. Or if we are talking Budget Bicycle Center, they would probably mark it at $10,000 You can try local shops, but my guess is that they will give you far less than half of what it's worth.
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Old 05-04-13, 07:38 PM
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1. Get the pics in focus. None of your pics thus far are in focus, part is, part is not.

2. Get a quiet background. Lose the odds and ends in the background. Think garage door, outside blank wall, or whatever. Forget indoor pics.

3. Look at ebay completed auctions, search the highest priced sales first.
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Old 05-04-13, 09:03 PM
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Pay the membership fee for this forum, $10, and list the bike for sale here. There will be someone here more than likely that may want it.
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Old 05-04-13, 09:07 PM
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Sheesh, I want it.
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