Go Back  Bike Forums > Bike Forums > General Cycling Discussion
Reload this Page >

Is this bike worth the price

General Cycling Discussion Have a cycling related question or comment that doesn't fit in one of the other specialty forums? Drop on in and post in here! When possible, please select the forum above that most fits your post!

Is this bike worth the price

Old 03-03-21, 03:00 PM
Thread Starter
Join Date: Mar 2021
Posts: 1
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Is this bike worth the price

Hello folks!

I am new to the forum so I canít post a picture or URL. For reference, I am planning on buying this used bike for $600. Itís a Raleigh merit 1 2017 model. As per owner, it is barely used and ďlike newĒ. The most attractive part for me is that itís 62 cm frame, which I havenít really been able to find as much. I was curious if $600 is too much for that model? I know bikes are scarce since covid hit and itís a sellerís market, but I really donít know if itís worth the price! Please advice!
NonBiker is offline  
Old 03-03-21, 03:45 PM
Join Date: Sep 2019
Location: SF Bay Area
Posts: 1,605

Bikes: Holdsworth 1979 Special, C-dale 1993 MT3000 Tandem & 1996 F700CAD3, Cervelo 2022 R5 & 2018 R3, JustGo Runt, Ridley Oval, Kickr Bike 8-)

Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 623 Post(s)
Liked 795 Times in 461 Posts
Welcome to Bike Forums.

Here you go.... https://www.bicyclebluebook.com/

Barry2 is offline  
Old 03-03-21, 04:08 PM
Groucho Marxist
Join Date: Sep 2020
Posts: 2,703
Mentioned: 13 Post(s)
Tagged: 0 Thread(s)
Quoted: 1232 Post(s)
Liked 3,050 Times in 1,331 Posts
According to this Bicycling Magazine review the 2019 model retailed for $500. Blue book says a 2017 is worth $350. If the size is rare and it's in great condition that might be worth a little more to you, but $600 seems high. Show the seller the Blue Book value and see if they'll come down.
Rolla is offline  
Old 03-03-21, 04:39 PM
Senior Member
Join Date: Feb 2020
Posts: 302
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 164 Post(s)
Likes: 0
Liked 44 Times in 41 Posts
bike price can vary , if its in your budget id say its not too expensive , the parts matter more than brand and frame !
Toespeas is offline  
Old 03-03-21, 04:53 PM
Plz hurry Dec 22!
Iride01's Avatar
Join Date: Jul 2017
Location: Mississippi
Posts: 11,934

Bikes: Tarmac Disc Comp Di2 - 2020

Mentioned: 43 Post(s)
Tagged: 0 Thread(s)
Quoted: 4890 Post(s)
Liked 3,410 Times in 2,363 Posts
Depends. I wouldn't pay that much for something used that is at it's almost new retail MSRP. Even if the person just bought a 2021 model bike and rolled it out the door of the shop, I wouldn't pay but half it's MSRP or a tad more.

But that's me.

If you think it worth it to you because you can't find anything better and are willing to pay that much, then that is now what the bike is worth. But Raleigh today isn't the Raleigh of well before the turn of the century. The name, like many other famous bike names has been bought to use for brand recognition. The current bike maker using the Raleigh name makes decent bikes for the price. However, there is better.
Iride01 is offline  
Old 03-03-21, 04:54 PM
Senior Member
JayKay3000's Avatar
Join Date: Mar 2012
Posts: 226
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 46 Post(s)
Liked 78 Times in 50 Posts
It's not worth $600, that's pretty much the new price and bicycles are no different to cars covid or no covid - They loose money when they leave the showroom floor & it's not even the current year model.

Barely used. So what is wrong with it. It's actually better to buy a bike that's been fairly well used, but well taken care of. There are a lot of bikes out there with 62 / 63cm frames so don't get hung up thinking this overpriced bike is a unicorn. It's not.
JayKay3000 is offline  
Old 03-03-21, 08:11 PM
Senior Member
Join Date: May 2017
Location: Hacienda Hgts
Posts: 1,720

Bikes: 1999 Schwinn Peloton Ultegra 10, Kestrel RT-1000 Ultegra, Trek Marlin 6 Deore 29'er

Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 681 Post(s)
Liked 1,531 Times in 761 Posts
Spend some time on ebay just to get an idea of what's out there and what people are willing to bid.
Also get on the Shimano website to understand group sets and the hierarchy.
$600 for a basic aluminum bike with Claris is no bueno.
CAT7RDR is offline  
Old 03-03-21, 08:24 PM
Junior Member
keithdunlop's Avatar
Join Date: Mar 2007
Location: San Luis Obispo, CA
Posts: 175

Bikes: 1988 Bottecchia Professional (for Eroica), 2011 Ridley Noah ISP (retired), 2020 Soma Fog Cutter (daily commuter), 2021 Ridley Kanzo Adventure (gravel), 2022 Tideace Aero (main road bike).

Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 77 Post(s)
Liked 76 Times in 32 Posts
Probably not worth $600.00

Often times people selling durable goods such as cars or bikes attach an "emotional" value to the item based their subjective impression of worth. People with a personal attachment to an item sometimes don't understand the concept of depreciated value.

I'd probably offer something in the neighborhood of $350.00, but ultimately you need to decide what it's worth to you to acquire.
keithdunlop is offline  
Old 03-03-21, 11:33 PM
Senior Member
MarcusT's Avatar
Join Date: Apr 2017
Location: NE Italy
Posts: 1,358
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 623 Post(s)
Liked 417 Times in 240 Posts
IMHO, yes, the price is much too high. The seller may believe that because the bike was rarely used that he should ask a price near new, but a 4 yr old bike will need a major tune up. Or the seller is simply taking advantage of the low stock due to CoVid.
Either way, I would not pay that price, but as mentioned before, what you want to pay is subjective and depends how much you really want that bike
MarcusT is offline  
Old 03-04-21, 09:48 AM
Senior Member
Join Date: Jul 2014
Location: socal
Posts: 3,648
Mentioned: 8 Post(s)
Tagged: 0 Thread(s)
Quoted: 734 Post(s)
Liked 559 Times in 422 Posts
Sounds to me as though the owner is charging you for "breaking it in". I'd keep my wallet in my pocket unless you can't find anything else and need a bike.
2old is offline  
Old 03-04-21, 10:00 AM
Plz hurry Dec 22!
Iride01's Avatar
Join Date: Jul 2017
Location: Mississippi
Posts: 11,934

Bikes: Tarmac Disc Comp Di2 - 2020

Mentioned: 43 Post(s)
Tagged: 0 Thread(s)
Quoted: 4890 Post(s)
Liked 3,410 Times in 2,363 Posts
Originally Posted by Hermitio View Post
Definitely. This bike worth its money
You must be the seller. <grin>
Iride01 is offline  
Likes For Iride01:
Old 03-04-21, 12:16 PM
SE Wis
dedhed's Avatar
Join Date: Apr 2005
Location: Milwaukee, WI
Posts: 9,431

Bikes: '68 Raleigh Sprite, '02 Raleigh C500, '84 Raleigh Gran Prix, '91 Trek 400, 2013 Novara Randonee, 1990 Trek 970

Mentioned: 36 Post(s)
Tagged: 0 Thread(s)
Quoted: 2309 Post(s)
Liked 2,444 Times in 1,515 Posts
A brand new one is $750. https://www.eriksbikeshop.com/raleig...ke-pr3e25621/p
dedhed is offline  
Old 03-04-21, 12:50 PM
Clark W. Griswold
Join Date: Mar 2014
Location: ,location, location
Posts: 10,683

Bikes: Foundry Chilkoot Ti W/Ultegra Di2, Salsa Timberjack Ti, Cinelli Mash Work RandoCross Fun Time Machine, 1x9 XT Parts Hybrid, Co-Motion Cascadia, Specialized Langster, Phil Wood Apple VeloXS Frame (w/DA 7400), R+M Supercharger2 Rohloff, Habanero Ti 26

Mentioned: 46 Post(s)
Tagged: 0 Thread(s)
Quoted: 3179 Post(s)
Liked 2,447 Times in 1,628 Posts
I wouldn't want to pay that much for it new. If the seller is willing to go down to $300 that would be more fair for a used Claris equipped bike with drop bars.
veganbikes is offline  
Old 03-06-21, 06:44 AM
Senior Member
bruce19's Avatar
Join Date: Jul 2006
Location: Lebanon (Liberty Hill), CT
Posts: 8,231

Bikes: CAAD 12, MASI Gran Criterium S, Colnago World Cup CX & Guru steel

Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 1633 Post(s)
Liked 1,115 Times in 652 Posts
Originally Posted by Barry2 View Post
Welcome to Bike Forums.

Here you go.... https://www.bicyclebluebook.com/

Notoriously inaccurate. Especially in the pandemic when all bike prices are inflated. But, at that price point a $!00 over or under-priced isn't going to matter. At least it wouldn't to me.
bruce19 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2022 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.