My worthless bike tripled in current price?!
07-02-20, 06:15 PM
#1
Quidam Bike Super Hero
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My worthless bike tripled in current price?!
By now, most people know the ol' "FrankenTrek" 95 800 Sport. Bought it for 30 USD in 2014, not long ago, blue book had it at 5 USD to 25 USD in value. Just looked and Trade-in Range $40-$41; Private Party Range $78-$80.
Really?! Wow....
Anyone else notice an inflation in bike value vis a vis the blue book?
Really?! Wow....
Anyone else notice an inflation in bike value vis a vis the blue book?
07-02-20, 07:36 PM
#2
Senior Member
They probably just tweaked their blanket algorithm. Still essentially worthless as an actual value guide.
07-02-20, 07:48 PM
#3
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This is meaningless until someone actually gives you cash.
Almost any rideable bicycle yields that much.
Almost any rideable bicycle yields that much.
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07-02-20, 08:46 PM
#5
Quidam Bike Super Hero
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Then it is priceless, since I won't sell it 
07-03-20, 11:29 AM
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I was surprised when I researched and found what a decent road bike with Tiagra and 105 would cost these days (similarly spec'd to my '06 LeMond), compared to what I saw some selling for on CL. Don't know if they were is as good shape as I keep mine, but for what it would cost to replace, vs what they were selling for, was disheartening. Best way to judge what your bike might bring is to check the various selling methods, CL, EBay, Facebook Marketplace, etc.
07-03-20, 07:24 PM
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Originally Posted by freeranger
Best way to judge what your bike might bring is to check the various selling methods, CL, EBay, Facebook Marketplace, etc.
07-03-20, 08:31 PM
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Worthless bikes tripled in value? 3x0=0. Maths are hard for some.
07-03-20, 09:17 PM
#11
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Originally Posted by fietsbob
Bikes depreciate real estate inflates.
Can't live in your mutual funds though....
