I am currently looking at a 2016 Giant SLR Fast Road. It has barely been ridden and they are asking $600. Bike blue book has it at around $500 on the high end but as I mentioned this bike was barely ridden. Is the asking price of $600 worth it?

Is this private party or a Trek dealer? Are we talking "barely ridden" as in, dealer demo, or bought by someone who rode it twice before letting it collect dust?

If I'm honest, either way that sounds like a sweet deal to me.

Wow,,, this is a difficult one without seeing the bike and touching it, blue book says $500.00 but you're considering paying $600.00 so that means you can afford it ,,, I say give it to him...

Funny how many claim BBB low-balls, when they are looking to sell a bike.

Is it a Fastroad SLR 0, 1, 2 or 3 ? The number indicates the quality of the running gear. 3 being the lowest quality. Base your offering price on that, not on whether it's been ridden or not.

So it was about a $1000+ bike two years ago.

Is there any fundamental difference between the bike you're looking at and the brand new $1100+ bikes?

$500 to $600 or so sounds like a good ballpark price for a bike in good, like-new condition.

Add up any maintenance costs that you think the bike will need. Does it need a tune-up? Tires? Cables? etc. Can you do the work on it?

Keep in mind, you may get recall coverage, but otherwise won't get warranty coverage. But, at the same time, you're getting a bike for half price.

Private party that just didn’t ride anymore

I believe it is a SLR2

I believe it is an SLR2

Thank you for the info

SLR 2 has the Shimano 105 group set, a very good mid-range setup. I've run 105 without any trouble.

If you like it and feel it's worth the asking price, go for it. The bike values web sites are just suggestions. If this is a private sale, showing up ready to buy with cash-in-hand gives you a bit of leverage. It can often be difficult for the seller to say no to a sale here and now vs. having to hassle with more potential buyers who don't show up and such.

If it's a dealer, perhaps you can get them to toss in some accessories or something. You never know unless you ask.

Not so much lowballs, but simply is wildly inaccurate because it doesn't take into consideration location or sizing or real world sales data, and shouldn't be taken as the end-all guide it proclaims itself to be.

A private sale used bike is worth whatever a seller and buyer can agree on.

The ONLY things that matters are how badly you want the bike and how badly the seller would rather have the money than the bike.
Regardless what the Blue Book says if you are a seller you have to find a buyer who agrees that price and, as a buyer, you have to find a seller who agrees. You can't force a seller to accept a Bicycle Blue Book price. The Bicycle Blue Book may give you a talking point but, since the seller obviously isn't using the bike, I'd rather talk about money in his pocket vs. something that he doesn't use taking up space.

If you don't know much about maintainence, see if you can get your LBS to check it out so you're not getting somebody else's problem.

You could strip off the 105 group and sell it for $400 on Ebay. Wheels and tires, another $200. $800-$1000 bike for half price in almost-new condition? I dream about finding such deals.

The questions is ... Does it fit you? if it does, and you like it .... why not own it and ride it?

Looked at the bike today and it was in amazing shape. Looks like it was riden a few times then put in the garage. He even threw in the Specialized bike computer. To make everything better, I got it for $500

Congratulations. Ride it for a year and sell it for $1K.

pictures

Pics of new bike

Chain and rear cassette look brand new.

As Lee Iacocca used to say: "If you can find a better car, buy it". (Chrysler Motors MOPAR)

If you have a better alternative bike right now, then buy it.

Gorgeous frame both in design and the quality of manufacture.

Exactly what I said when I saw the bike. It looks like the guy road on the street a few times and then put it away. There was literally dust on certain parts of the bike.

Nice clean looking ride. I am not into skinny tires but
also realise my idea of good looks and practicality do not always co-incide.
All that having been said. Can I take it for a spin?��

I can say I was the same way as I started out on a MTB, then eventually got a Specialized Sirrus with 32cc tires and was pleased with how much smoother the ride was. Then on a whim, I bought a GT Series 5 and was amazed how much faster that was with the lighter frame and 25cc tires. From that point, I came across this Giant with 28cc tires and better components, so figured I'd give it a try.