zinjack

I have a good friend I am selling this bike to. We went and looked and he just does not have the money. As his size bike needed is the same as mine a 56 itll work out good for him.

I told him I would sell it to him for $500 and he asked that I give him a fair price. I think I paid $2100 at the time of purchase
stock link
https://www.bicycling.com/bikes-gear/...s/felt-f5-2299

While I did put a new seat post, saddle, breaks and calipers and near bran new tubes/tires I am not looking to squeeze him so I can just leave these off. Yes I still have factory stuff and I suppose I can put it back on but meh.. I will be ridding with him and itll give him a great bike and me a reason to buy a new bike. He has been a good friend for a long time but asked I give him a fair honest price. I really had not given resale much thought until now.

Bike is in good/great shape I am not looking to get the most out of him. I know you can get some great deals on new bikes year end so my guess is around 1k ish.

As for my self Im not looking to spend more than I did and might even spend less. I do at least know what I want this time around

RollCNY

For a 2012, to someone you like, you could do 40-50% of what you paid, and I think you could both feel a fair exchange. I would personally put it back to stock, especially if you like and would reuse those parts.

8086bruce

I bet you could part it out on ebay for 750+- so 500 is a good deal. I think you could get 500 for the frame on ebay all day long.

njkayaker

$500 appears more than fair (unless it has huge miles or is in crappy condition). It doesn't look like the $2100 includes the upgrades you mention. If you are including that stuff, $500 might be on the "too cheap" side. (He isn't likely to be as happy with what he could get for $250, or whatever). (Maybe, he could stop buying beer or whatever for a month or so and afford it.)

zinjack

Thanks Ill work something out with him. He will make small payments to me. I would rather give him the bike for cheap and ride w/him than him not have a bike at all. He is pretty thin financially but he is still one of those people who wants to pay and does not want to short me.

njkayaker

All this was fairly apparent. It doesn't seem that you don't really want to just give him the bike (you don't have to explain it; it's your business). It would be hard to get something decent for $250 (anything much less than that is close to being free). If he can spend $250, he should be able to spend $500 (maybe, with a little bit of work). Selling the bike to him for $500 seems fairly generous (without it seeming like a gift).

bahula03

I guess I'll be the dissenting opinion to the last few posts- the frame/fork on your bike is almost identical to the FC frameset that Felt currently sells for $1600, plus a solid groupset...$500 would be extremely generous, especially if you're taking it in payments. That said, it doesn't sound like you're hurting for the money and having a solid person to ride with is pretty priceless.

njkayaker

Everybody here basically agrees with this. You aren't dissenting at all. The OP doesn't appear to be interested in getting more than $500. He seems to be worried that it might be too much!

bahula03

I guess you missed the part where I put the word extremely in front of generous and you went with the word fairly. Let me make it mo' clear: $500 for a 2012 F5 isn't even close to fair market value for the seller, and I wouldn't even *think* about selling my 2011 F5 frame, excluding the fork and everything else hanging on it, for $500.