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1999 Lemond Alpe D'Huez

Old 07-08-14, 02:10 PM
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Countdown48
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1999 Lemond Alpe D'Huez

I've always liked this bike and this is the first I've found in my size. Almost none of the original components are left so I'm not really sure what a fair price would be. Some components seem like improvements but others are a step down from the original 105 set. Any suggestions?

Lemond Alpe D'Huez Classic Road Bike
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Old 07-08-14, 02:47 PM
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Moved to appraisals.
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Old 07-08-14, 03:25 PM
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$200 I'd say, and that is generous, because it is just a frame plus a random collection of parts, some low-end (Tiagra is almost as low as you can get in Shimano), almost nothing matching, with mis-matched wheels (ugh).

It seems like someone stripped the LeMond of its original parts (a $1800 bike did not come with the stuff on it now, see http://www.vintage-trek.com/Trek-Fis...1999lemond.pdf for what it originally had) and built it back up to sell, using whatever crap he had laying around. I wonder if he took the same care in assembly as he did in parts selection. And now he's pretending the bike has "upgrades", what a load of bull.

Vintage LeMond road bike

For $400 you can get a 1998 LeMond Alpe d'Huez will all Campagnolo (Mirage, but still).
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Old 07-08-14, 04:57 PM
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I strongly disagree with the above post.

One example of a sale at a certain price - an attractive one at that - doesn't really set the market.

Pretty much anything with STI gets minimum of $300.

Some folks understand the value these Lemonds have, though I think the market for aluminum is smaller.

Campy mirage isn't worth much more than low end Shimano. Not all campy is valuable.

I wouldn't take a dime under $350 - and it wouldn't last long at that price.
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Old 07-08-14, 06:12 PM
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Here is my reasoning.

Suppose I wanted a nice LeMond. Starting with this one, I'd need a new wheelset (existing is mismatched), a new drivetrain (existing is mismatched and some of it is low end). So basically I'd be starting with a frame and not much more. If I paid $200, and bought the other stuff used via eBay, I might end up with a nice LeMond for $700. How much can I sell a mismatched wheelset and some random Tiagra level drivetrain stuff for on CL? $200? The costs me $500 net then.

That's why I would not pay more than $200.

And that's assuming I know how to strip and assemble a bike and my labor is free.

Maybe a seller who lies, like this one ("upgrades"?) can trick a newbie into paying $300-400 for this bike. So, as a seller that would be more than "fair". But the question here is, what's a fair price for a buyer?
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Old 07-08-14, 06:39 PM
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Not a $500 bike, but not $200 either. An offer of $375 cash would take it home.
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Old 07-08-14, 07:07 PM
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Originally Posted by jyl View Post
Here is my reasoning.

Suppose I wanted a nice LeMond. Starting with this one, I'd need a new wheelset (existing is mismatched), a new drivetrain (existing is mismatched and some of it is low end). So basically I'd be starting with a frame and not much more. If I paid $200, and bought the other stuff used via eBay, I might end up with a nice LeMond for $700. How much can I sell a mismatched wheelset and some random Tiagra level drivetrain stuff for on CL? $200? The costs me $500 net then.

That's why I would not pay more than $200.

And that's assuming I know how to strip and assemble a bike and my labor is free.

Maybe a seller who lies, like this one ("upgrades"?) can trick a newbie into paying $300-400 for this bike. So, as a seller that would be more than "fair". But the question here is, what's a fair price for a buyer?
I heard your reasoning and I think your price advice is seriously flawed as is the logic that brought it forth. What you would pay isn't what the market will bear. I would sell this within a week at 350. I doubt it would last 3 days. That wouldn't be because I tricked someone, it's because it's a Lemond with STI, and mismatched parts don't matter for most people paying $350 for a value entry level roadie.

Not everyone needs everything matched perfectly and your replacement approach might define value for you, but it wouldn't for others. This isn't a super high end collector piece where if it has the "wrong" parts, it's essentially just frame value. It's a rider bike for someone who wants a quality bike inexpensively. Its value on the market is as an affordable rider...and as an STI rider (with a DA rear no less), it's solid value at $350.

Bottom line - this wouldn't make it a week at $350 in my market. I feel very secure saying that I'd get $400 within two weeks. I think you're confusing its value to you with its value on the market.

Last edited by KonAaron Snake; 07-08-14 at 07:17 PM.
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Old 07-08-14, 07:42 PM
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I think you're right, I wasn't addressing likely selling price, I was addressing what I felt an informed buyer should pay.

I also assume that if someone is particular enough to be looking specifically for a LeMond Alpe d'Huez, they are particular enough to want a nice bike, with components of quality consistent with the bike and generally matching. In this case, since the bike came with 105, Tiagra is a clear downgrade.

If the OP had said he just wanted a generic road bike to ride around college or whatever, I wouldn't have answered that way.

Plus I was reacting negatively to the misleading parts of the ad. I think that seller deserves a haircut.
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Old 07-08-14, 08:26 PM
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1. I'm a reasonably "informed" buyer and would have no problem buying this for my wife or friend who wants a quality bike at $400. I disagree with your statement above...what you mean to say is "it's only worth $200 to a buyer like me with my particular view point, which many others will disagree with." An "informed" buyer would see a well regarded brand, STI and some nice parts for a good price.

2. There's nothing that awful about tiagra and you could change out the cranks and STI levers for a reasonable rate. Again - it doesn't have to be a collector piece - someone looking for a nice rider would find good value here. It even has Conti gator skins. This doesn't have to be a college bike - it can be a fun road bike for most people.

3. I fail to see an issue with the ad - he has decent photos and a parts breakdown. I don't know the market in Louisville, but $500 is not that out of line as an asking price. It's closer to its standard value than the one you've suggested. People are free to buy it or not - it's a nice bike and a decent ad. He's also able to take offers - most on CL know people will try to negotiate prices. I always price bikes at least 10% over my expected price so I have room to let the buyer beat me.

Originally Posted by Countdown48 View Post
I've always liked this bike and this is the first I've found in my size. Almost none of the original components are left so I'm not really sure what a fair price would be. Some components seem like improvements but others are a step down from the original 105 set. Any suggestions?


Lemond Alpe D'Huez Classic Road Bike
Here's what I'd do (without knowing your market well). Give him a week - I think $500 is a little ambitious and not going to fly out the door. Email him - go over to check it out, offer $350 with cash and deal from there. I estimate fair value at 400 +\- 50. I would not think someone who paid $500 was taken, but I think it's a little high. Anything between 350-450 seems right to me.

If you like the bike, buy it. If you overpay $50, does it really matter in the long run? In 5 years you won't remember what you paid, but you'll enjoy it.

Last edited by KonAaron Snake; 07-08-14 at 08:33 PM.
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Old 07-08-14, 10:54 PM
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This bike won't be my main rider. It will be mostly used to get to campus and occasionally ridden on weekends. I just like the paint scheme and have enjoyed the other Lemonds that I have had. However, they were all original so I wasn't sure how all the new components would affect the value. Thanks for all the suggestions and discussion. I think I have a good I sea where to start now and like KonAaron said, I'll still enjoy it even if I overpay a little. Also, thanks for moving this to the correct sub-forum.
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Old 07-09-14, 09:29 AM
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I would think with an aluminum Lemond, the value is based more on utility than how collectible it may be. I happen to be (well, they're on a slow-moving side-burner) building up a Reynolds 853 Alp D'Huez as a fast commuter and a Reynolds 853 Zurich as a steel equivalent of my carbon Orbea race bike (for training or maybe bad weather racing?)...My Alp D'Huez was complete & stock and I've mostly stripped it and sold some of the parts (crank, BB, 105 shifters) to rebuild with stuff I want (basically Shimano 10 speed/double vs. 9spd/triple because that's what I ride mostly for any 'modern' bike) and I bought the Zurich as a bare frame. I figured these still fell into the grey area of utility vs. 'classic' though in truth I don't care because they were both stupidly inexpensive and I really like 853 Reynolds so I'm not planning on selling them anyway.
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Old 07-09-14, 03:17 PM
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There was one last winter on our CL the guy couldnt sell it for 300.
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