Deep Classified Information: Seriously Overvalued and Undervalued Bikes.
#1
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Deep Classified Information: Seriously Overvalued and Undervalued Bikes.
What bikes are you surprised to see reaching higher and higher values today?
Do you think they are seriously overvalued and not going any higher/going to fall significantly?
What bikes are you surprised to see still cheap, or relatively cheap, today?
Do you think they are seriously undervalued and going to go up significantly?
I realize some of this is Deep Classified Information but just indulge/amuse us.
Do you think they are seriously overvalued and not going any higher/going to fall significantly?
What bikes are you surprised to see still cheap, or relatively cheap, today?
Do you think they are seriously undervalued and going to go up significantly?
I realize some of this is Deep Classified Information but just indulge/amuse us.
#5
Decrepit Member
Undervalued: early nineties Schwinn PDG OS Series 5 and Series 7 Paramounts, mid-to-late eighties Greenville built Tenax tubed Schwinns (Circuit, Tempo, Premis, Prelude), National/Panasonic built eighties Schwinns (Voyageurs, Prologues)...
#6
Still learning
Italian Bicycles - overpriced particularly anything celeste green.
French Bicycles - middle and upper level are underpriced.
Overpriced - Craigslist listings by aggregators with 10 plus listings and listings on the market for 90 days or more. Any bike described as "rare."
Underpriced - the Craigslist listings I missed because they were gone in 30 minutes.
French Bicycles - middle and upper level are underpriced.
Overpriced - Craigslist listings by aggregators with 10 plus listings and listings on the market for 90 days or more. Any bike described as "rare."
Underpriced - the Craigslist listings I missed because they were gone in 30 minutes.
Last edited by oddjob2; 11-04-14 at 10:04 AM.
#7
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Anything vintage Motobecane except for Le Champion are undervalued but not necessarily underpriced. Paradoxical as that may sound.
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Overvalued-
Old balloon tire cruisers. Nostalgia has pushed the price of these far beyond their actual value.
Low end bike boom 10 speeds, sure they don't cost a fortune, but anything over $20 for an old Murray or Free Spirit is too much.
Undervalued-
80's era Japanese and American road bikes. These were some really nice bikes and there are a lot of old Treks, Univegas, etc... selling for nearly the same prices as those old Murrays and Free Spirits. To a lot of people an old 10 speed is an old 10 speed.
Old mountain bikes. There were a lot of high end bikes made by the likes of Cannondale, Klein, Specialized, etc... that are now obsolete and very affordable.
Bridgestone seems to be the exception to both of the above. Nice bikes, but they're not usually cheap.
Old balloon tire cruisers. Nostalgia has pushed the price of these far beyond their actual value.
Low end bike boom 10 speeds, sure they don't cost a fortune, but anything over $20 for an old Murray or Free Spirit is too much.
Undervalued-
80's era Japanese and American road bikes. These were some really nice bikes and there are a lot of old Treks, Univegas, etc... selling for nearly the same prices as those old Murrays and Free Spirits. To a lot of people an old 10 speed is an old 10 speed.
Old mountain bikes. There were a lot of high end bikes made by the likes of Cannondale, Klein, Specialized, etc... that are now obsolete and very affordable.
Bridgestone seems to be the exception to both of the above. Nice bikes, but they're not usually cheap.
#9
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I saw a gorgeous 2001 Litespeed Vortex with Mavic Krysirium wheelset, Shimano Dura Ace.... STI, the whole enchilada, + with factory red paint (an upcharge) go for $911.00 on the bay this morning. Starting bid was $750. I bought the same 2001 bike maybe 5 years ago except not painted, and Campy Record equipped, for $1500.00 on the bay, and felt like I stole it. I don't know what anyone else thinks, but AFAIC, it is a great bike and I can't believe that one didn't go for twice the price.
#10
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... Schwinn Varsities are going up on the local Craigslist for prices in the $150-$200 range, which seems like a lot of money for a Varsity.
... Schwinn Varsities are going up on the local Craigslist for prices in the $150-$200 range, which seems like a lot of money for a Varsity.
#11
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Like beards, they are a current fashion trend, worn on the outside, so that all can see how up-to-date and retro you are; you (and all your friends) are individualists, going against the flow! Together!
(SOME) Old Schwinns are unlike beards in that they do not grow on you so much ... (I see you trying to sneak out the back Varsity!)
Unless - what you really want is perfectly serviceable and eminently fashionable transportation. If you can't find (or afford) a Paramount, a Varsity fits that bill and is a lot easier to find - and the name is so recognizable (fashion needs recognition, eh?) - if your dad did not have one then your uncle probably did - which is, of course, why they are so much easier to find.
Overvalued: all bikes people think they can sell.
Undervalued: all bikes headed for the scrap metal recyclers. Sigh ..................... so sad.
#12
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Schwinn Stingrays (and any bikes resembling a Stingray) are overvalued. Adults can't even ride one. What do they do with them, anyway?
__________________
My C&V Bikes:
1972 Bottecchia Professional, 1987 Bottecchia Team C-Record, 1982 Colnago Super,
1995 Bianchi Campione d'Italia, 1995 DeBernardi Thron Super Record
My C&V Bikes:
1972 Bottecchia Professional, 1987 Bottecchia Team C-Record, 1982 Colnago Super,
1995 Bianchi Campione d'Italia, 1995 DeBernardi Thron Super Record
#13
Fat Guy on a Little Bike
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I'm not going to list over priced...I think it bashes stuff others like. Many things others think are under priced, I see as over priced. It depends on perspective.
Under priced -
Cambridge Merlins. Maybe the nicest production bikes of their era, and they sell for the same as bikes that are more common, and worth a third of their price when they were new.
Early treks. They're just great bikes.
Smaller name Italians - Grandis and the like.
Smaller name builders in general - so many smaller name Brits made excellent bikes.
Smaller name US customs - especially from guys not as good at self promotion. Bill Boston, Mooney, Redcay, Franklin. Many others.
Late 80s, early 90s steel MTBs. So much bang for the buck.
TANDEMS!!! They're hard to sell and you usually end up with great value if it fits your riders.
Under priced -
Cambridge Merlins. Maybe the nicest production bikes of their era, and they sell for the same as bikes that are more common, and worth a third of their price when they were new.
Early treks. They're just great bikes.
Smaller name Italians - Grandis and the like.
Smaller name builders in general - so many smaller name Brits made excellent bikes.
Smaller name US customs - especially from guys not as good at self promotion. Bill Boston, Mooney, Redcay, Franklin. Many others.
Late 80s, early 90s steel MTBs. So much bang for the buck.
TANDEMS!!! They're hard to sell and you usually end up with great value if it fits your riders.
#14
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Nothing.
Bikes sell for what they're worth therefore nothing is over valued or under valued.
At the moment the best value is in 10s Dura Ace bikes from the mid 2000's....
Bikes sell for what they're worth therefore nothing is over valued or under valued.
At the moment the best value is in 10s Dura Ace bikes from the mid 2000's....
#15
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Interesting point...if someone is willing to pay...that is what the bike is worth. If someone can get it cheaper, then that is what it is worth...
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