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What bikes have a better resale value?

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What bikes have a better resale value?

Old 07-10-07, 12:47 PM
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bugmenot
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What bikes have a better resale value?

I'm not sure it's commuter style bikes because not many LBS push them or have maybe 1-2 commuters in stock. On commuters, I am familiar with the debate on "if only LBSs stocked more, they would sell more" that crops up on this board.

I see about 1/2 of the bikes at my LBS are MTBs. About 20% are road bikes and another 20-25% are comfort/hybrid bikes. About 5% are commuters, kids bikes and novelty bikes like those colorful cruisers. Not sure what that means for resale, but I know that LBSs have to be selling mostly MTBs.

The reason I'm asking is because I want to get a second bike and want to minimize the "hit" I take when I sell it. I would like to get a commuter because of its great versatility, but am concerned that its resale value would not hold up as well as others.
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Old 07-10-07, 01:31 PM
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Originally Posted by bugmenot
The reason I'm asking is because I want to get a second bike and want to minimize the "hit" I take when I sell it.
Then buy it used...

I have a pretty good idea what the "ebay value" is of most bikes, but I see very few commuter bikes pass through there in my size, so I don't have much data there.
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Old 07-10-07, 01:38 PM
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I'm just curious as to why you would buy a bike with the intention of turning around and selling it?
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Old 07-10-07, 01:39 PM
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Get a titainium bike then. It'll hold it's value great after years of use. I know I'd want one.
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Old 07-10-07, 01:43 PM
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There's too much of a "hassle" factor in buying used. Craigslist pickings are pretty slim here. yard sale bikes have a little rust, which scares me away. Then there's the sizing question that is another factor to clear when buying used.
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Old 07-10-07, 01:49 PM
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Originally Posted by jimmuter
I'm just curious as to why you would buy a bike with the intention of turning around and selling it?
Same here. I haven't had the experience, but I have to believe that the depreciation hit is huge for bikes as it tends to be for any product that Wal-Mart stocks. People love to buy new, and as long as there's cheap consumer crap that people can buy new, I think it's unlikely you'll get someone to recognize and pay for the quality of a good used bike.
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Old 07-10-07, 01:56 PM
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+1 Titanium. No joke. Especially top name brands. Litespeed, Merlin, Moots, Serrotta, Seven etc...

They hold value because they do not wear out or rust and can be repaired. They are hand made by artist welders, they are very light weight, and the ride qualities of titanium are as good or better than any other material. And yes, they are extremely expensive.

So buy a titanium bike if re-sale is your most important goal.

Otherwise and buy a bike you like and ride the hell out of it. You will get your moneys worth.

Re-sale be damned.
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Old 07-10-07, 01:57 PM
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Originally Posted by jimmuter
I'm just curious as to why you would buy a bike with the intention of turning around and selling it?
I've only been seriously commuting for about 9 months now and (I think) I'm the kind of person that would like a different bike every year or so. Call it "wanton bike lust". Also, I don't think I'm the kind of person that runs his bike into the ground.
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Old 07-10-07, 01:59 PM
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Originally Posted by bugmenot
I've only been seriously commuting for about 9 months now and (I think) I'm the kind of person that would like a different bike every year or so. Call it "wanton bike lust". Also, I don't think I'm the kind of person that runs his bike into the ground.
Too bad there aren't bike 'lease' programs like they have for cars.

I was just curious. Curiosity satisfied.
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Old 07-10-07, 02:11 PM
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Originally Posted by bugmenot
What bikes have a better resale value?
Any bike sold on craigslist
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Old 07-10-07, 02:15 PM
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The sheer number of people who thought they'd "get into biking" and don't, only to sell the bike 3 years and 20 miles later for half-off, will probably keep me from ever buying a new bike.
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Old 07-10-07, 02:15 PM
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What is this "hit" that you speak of? My bike has paid for itself twice over since I bought it a year ago just from the gas that I have saved. Im also on an aluminum road bike that could fetch at about 50% of its new price should I sell now.

Resale wasn't important to me since I plan on riding it for many many years.
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Old 07-10-07, 02:16 PM
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Originally Posted by Mr. Underbridge
The sheer number of people who thought they'd "get into biking" and don't, only to sell the bike 3 years and 20 miles later for half-off, will probably keep me from ever buying a new bike.
Half? In kansas city, it seems they want an 80% ROI on their 3 year old "only rode it twice, need the garage space" bikes.
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Old 07-10-07, 02:18 PM
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Originally Posted by pityr
What is this "hit" that you speak of? My bike has paid for itself twice over since I bought it a year ago just from the gas that I have saved. Im also on an aluminum road bike that could fetch at about 50% of its new price should I sell now.

Resale wasn't important to me since I plan on riding it for many many years.
It could fetch 50% or that's the going rate you've seen posted on auction/classifieds sites?

Actual street value for most newer bikes is 30% or less of retail.
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Old 07-10-07, 02:36 PM
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Originally Posted by ax0n
Half? In kansas city, it seems they want an 80% ROI on their 3 year old "only rode it twice, need the garage space" bikes.
No kidding. Same in the Chicago area. Everybody and their brother trying to sell their Trek/Marin/Fisher/etc. hybrids on Craigslist for almost what they paid for them.

Ebay is a better measure than Craigslist of what market value should be for most bikes. Lately, steel touring style bikes seem to be holding their value pretty well. They make good commuters too.
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Old 07-10-07, 02:36 PM
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Originally Posted by ax0n
Half? In kansas city, it seems they want an 80% ROI on their 3 year old "only rode it twice, need the garage space" bikes.
Wait until they repost it for the 6th time within a month, then lowball.

In all seriousness, I do see people with unrealistic expectations on craigslist, but the idiots doing that don't sell their bikes, and you do see them reposting them time and again. A lot of people settle for between 40-70% of retail - depending on age, mileage, and desirability of the bike. Higher end bikes retain better value. Guys with wives who want their basement back will generally take what they can get.

I got a bike off Craigslist (Giant 2003 OCR2) that originally would have sold for about $800, the original owner got it for $700 in an end-of-season clearance, and I got it 3 years and maybe 50 miles later for $400. I probably could have haggled, but it was a good deal and he threw in the shoes (which happened to be exactly my size). I'm not kidding - this guy couldn't find the pump he bought but apparantly never used, and took 10 minutes fiddling with a neighbor's pump before he figured out the Presta valves.
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Old 07-10-07, 02:42 PM
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Originally Posted by ax0n
Actual street value for most newer bikes is 30% or less of retail.
Depends on your street I guess.

I have gotten closer to 50 for what I've sold. These are all bikes with msrp over $1000. The lower end stuff seems to drop off quicker.

Used to me though means ebay. I don't have time to waste anywhere else. While I have sold two bikes on craigslist it's generally useless for me as far as buying... no pictures, no size listed, no details, asking price about 4X what it should be, unresponsive sellers... just the idea of having to get in the car and drive 30 minutes across town to look at something is enough to turn me away.


Originally Posted by bugmenot
There's too much of a "hassle" factor in buying used. Craigslist pickings are pretty slim here. yard sale bikes have a little rust, which scares me away. Then there's the sizing question that is another factor to clear when buying used.
What sizing question? Learn what size bike you need, and there's no need to sit on something before you buy it.
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Old 07-10-07, 02:45 PM
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Originally Posted by jimmuter
I'm just curious as to why you would buy a bike with the intention of turning around and selling it?
I don't buy bikes with the intention of selling them, but I definitely buy bikes that are resellable. If I can buy a bike, ride it a while to see if I like it, then sell it for what I paid for it, why wouldn't I? I've gained a lot more experience that way than plodding along on one bike for year after year.

The ultimate goal, however is to determine exactly what I want, and buy/build it.
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Old 07-10-07, 02:45 PM
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MTBs hold their value the best. Perhaps get an mtb and put commuter tires on like FatBoy or equivalant.
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Old 07-10-07, 02:47 PM
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Thanks for the responses. So far:

1. Titanium framed bikes (probably too pricey for me)
2. steel touring bikes (might look into those).

Any others?
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Old 07-10-07, 04:02 PM
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maybe a hibrid bike. I see more and more people riding those.
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Old 07-10-07, 04:17 PM
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Originally Posted by pityr
What is this "hit" that you speak of?
The hit you take when you sell it. If you don't sell it...no hit! Amazing!
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Old 07-10-07, 04:28 PM
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Originally Posted by Mr. Underbridge
Wait until they repost it for the 6th time within a month, then lowball.

In all seriousness, I do see people with unrealistic expectations on craigslist, but the idiots doing that don't sell their bikes, and you do see them reposting them time and again. A lot of people settle for between 40-70% of retail - depending on age, mileage, and desirability of the bike. Higher end bikes retain better value. Guys with wives who want their basement back will generally take what they can get.

I got a bike off Craigslist (Giant 2003 OCR2) that originally would have sold for about $800, the original owner got it for $700 in an end-of-season clearance, and I got it 3 years and maybe 50 miles later for $400. I probably could have haggled, but it was a good deal and he threw in the shoes (which happened to be exactly my size). I'm not kidding - this guy couldn't find the pump he bought but apparantly never used, and took 10 minutes fiddling with a neighbor's pump before he figured out the Presta valves.
It's great being an average sized guy isn't it? Both my bikes are second hand. One I bought just the frame on ebay for $200 and the other I bought a complete CF bike with Campy Chorus 9spd on Craigslist. I built up the $200 frame with the Chorus 9spd and went with Chorus 10spd on the other bike. Saved thousands over buying a comparable bike new.
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Old 07-10-07, 04:50 PM
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Used bikes have a good resale value. Especially if the bike is more than 20 years old. I see road bike wanted ads often enough. I don't often see an ad wanting a mountain bike. Must be cause there are a zillion of em out there.
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Old 07-10-07, 05:00 PM
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Originally Posted by mustang1
MTBs hold their value the best. Perhaps get an mtb and put commuter tires on like FatBoy or equivalant.
Why do you say this? In my experience this is not true. The used bike market is saturated with medium to low end mtbs. High end mtbs might hold their value ok.
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