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how much is your bike worth?!

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how much is your bike worth?!

Old 04-05-07, 10:42 AM
  #1  
scotthorrigan
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how much is your bike worth?!

have you ever just sat down and started calulating all the costs for your NICE build?

all the parts whether or not you peronally purchaced or they were a gift.

add them up as they go for retail, see what you get.

i just did....and I am ****ing astonished!

almost $1700 in the end, the car i owned when i was younger was less expensive than this!
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Old 04-05-07, 10:54 AM
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Originally Posted by scotthorrigan
have you ever just sat down and started calulating all the costs for your NICE build?

all the parts whether or not you peronally purchaced or they were a gift.

add them up as they go for retail, see what you get.

i just did....and I am ****ing astonished!

almost $1700 in the end, the car i owned when i was younger was less expensive than this!
Now take the retail price you just figured and cut it in half, then chop that number in half for every 300miles you have on the bike and you are getting a more realistic value.

Resale and or depreciation for bikes, even high end stuff is hardcore.
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Old 04-05-07, 10:55 AM
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Originally Posted by npoak
Now take the retail price you just figured and cut it in half, then chop that number in half for every 300miles you have on the bike and you are getting a more realistic value.

Resale and or depreciation for bikes, even high end stuff is hardcore.
I don't think that is the point he is trying to get at. I think he was more just saying its astonishing the amount of money he has put into his bicycle.
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Old 04-05-07, 11:00 AM
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Originally Posted by Pfutz
I don't think that is the point he is trying to get at. I think he was more just saying its astonishing the amount of money he has put into his bicycle.
Ya, I got that too. But I figured I'd point out the above as well. Bike values are a tricky thing. Cycling is to money like pouring water into can with a hole in the bottom. You'll be amazed how much you can put into it.
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Old 04-05-07, 11:01 AM
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Around 1200 euros, my best estimate
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Old 04-05-07, 11:06 AM
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$4 for frame/seatpost/fork/bb
$315 for wheels/hubs
$30 for bullhorns
$25 stem
$25 for cranks/chainrings
$30 for EAI cog
$65 saddle
$25 headlight
$20 pedals/clips/straps
$30 for a spraypaint job

totals to $565, but that's probably lowballing it. i'd say it cost at least $600 after all the taxation on that stuff--it also took a lot of time and frustration to get my bike where it is now. after my tax return i think i might put some more money into it, maybe look into some new pedals and handlebars--i'm pretty happy with everything else.
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Old 04-05-07, 11:08 AM
  #7  
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Concept:
$1232 (not completed yet).

Eco Pista:
$860 (not completed).
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Old 04-05-07, 11:17 AM
  #8  
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I stopped calculating at $2500
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Old 04-05-07, 11:17 AM
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Originally Posted by npoak
Now take the retail price you just figured and cut it in half, then chop that number in half for every 300miles you have on the bike and you are getting a more realistic value.

Resale and or depreciation for bikes, even high end stuff is hardcore.
I don't think the value of your bike drops by half for every 300 miles you ride it. And I don't think the best case resale value of your bike is half of retail. If the latter were the case, you'd see Bianchi Pista selling for $280 in great condition. You don't.

I think the number is probably closer to 75% of the retail price, regardless of miles.
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Old 04-05-07, 11:27 AM
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Originally Posted by stuckinatx
I don't think the value of your bike drops by half for every 300 miles you ride it. And I don't think the best case resale value of your bike is half of retail. If the latter were the case, you'd see Bianchi Pista selling for $280 in great condition. You don't.

I think the number is probably closer to 75% of the retail price, regardless of miles.
A Pista is fairly rare and medium to high end, when compared to most bike shop fodder. Old Campy stuff, Dura-ace, anything obscure and rare track Italian or Japanese is high end mostly. In fact alot of track bikes, due their their rarity and quality with hold better resale than say some off the shelf fancy Trek road bike.

Now, say, something like a low-end fixie frame...like an IRO (I'm not slamming IRO here, I ride one and adore it but IROs are NOT high end frames or bikes) and try to re sell it on ebay. You might get half the price Tony will sell it for, much less if it's been ridden at all. Sugino, IRO, Soma or other low to mid end parts will be the same. Phil and Paul stuff hold better value, but they are much higher end.

Try to sell a used Shimano 105 part on ebay...you'll see what you get for it.

it's just reality. Sorry.
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Old 04-05-07, 11:29 AM
  #11  
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With new phil to Vs and a bunch of other crap, I ended up spending almost $1500 on a bareknuckle build. My Eimei was significantly less than that. edit: Unless I have to count the cost of the frame at retail value, in which case I spent a buttload.

Last edited by br995; 04-05-07 at 11:41 AM.
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Old 04-05-07, 11:36 AM
  #12  
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Lets see...
200 for the original bike
100 for new rear wheel
28 for cog and lockring
20 for chainring
5 for BMX chainring bolts
1 for half link

$354 Taint bad for my commuter whip
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Old 04-05-07, 11:36 AM
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do I get to count its worth when it was new, or do I have to start 21 years later, when I found it in the dumpster? also, inflation?
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Old 04-05-07, 11:39 AM
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Oh yeah...i guess i didn't go for retail value since I got the bike used
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Old 04-05-07, 11:47 AM
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400 for the bike used
60 bucks for bars and tape
200 for pedals and shoes
680 for wheels (phil+deeps+DT)
30 for a new rear cog
+ a few tires and countless tubes and a few sets of tape

~1300-1400 bucks, that's still cheaper than what I pay for most of my car stuff.

You wanna start crying? Start racing cars.

What's nice is that my bike holds a pretty good value and the wheels will last forever. Well, the hubs will at least, I've already put a donk or two in the Deep V's.
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Old 04-05-07, 11:52 AM
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500 for my panasonic frame (including sugino 75 bb and headset)
70 for my nitto jag stem
190 for my sugino 75 crank set
280 for my phil rear fixed/fixed hub (includes 2 lockrings)
140 for my phil front hub
140 for my 2 deep v rims
140 for 2 eai superstar cogs
50 for Nitto drops
80 for my vredestein fortezza tricomp tires
150 for my sidi shoes
90 for my SPD pedals

$1830 all together....i'm ****ing broke

and i still need a seat post, saddle, chain, truing stand, spokes and nipples
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Old 04-05-07, 12:26 PM
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What's the retail price for a 198? Medici Frame? It was around $350 new back then. I paid $35 for it. It had a Campy headset and bb.

What about the 20 year old SR cranks I have on the bike? I paid $20 for them, attached to a gigantic Univega frame which I then sold (literally) on the streets of Davis for $20 (after removing the Tiagra rear derailleur which now resides on my Surly Crosscheck).
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Old 04-05-07, 12:29 PM
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Originally Posted by scotthorrigan
500 for my panasonic frame (including sugino 75 bb and headset)
70 for my nitto jag stem
190 for my sugino 75 crank set
280 for my phil rear fixed/fixed hub (includes 2 lockrings)
140 for my phil front hub
140 for my 2 deep v rims
140 for 2 eai superstar cogs
50 for Nitto drops
80 for my vredestein fortezza tricomp tires
150 for my sidi shoes
90 for my SPD pedals

$1830 all together....i'm ****ing broke

and i still need a seat post, saddle, chain, truing stand, spokes and nipples
Just don't make that your beer sprints bike, okay?
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Old 04-05-07, 12:47 PM
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Somewhere around $1300. **** adds up quick.
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Originally Posted by CardiacKid View Post
I explained that he could never pay me enough cash for the amount of work I had put into that bike and the only way to compensate me for it was to ride the hell out of it.
IRO Angus Casati Gold Line
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Old 04-05-07, 12:47 PM
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Originally Posted by octopus magic
Just don't make that your beer sprints bike, okay?

no ****ing way. it's what i'll be taking to the track.
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Old 04-05-07, 01:00 PM
  #21  
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SingleSpeeDemon and I were doing this the other day talking about his Madison and my new Rush and I'm thinking my estimate was around $1140.

It makes me wonder where I got all that money.
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Old 04-05-07, 01:01 PM
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For my nicest bike, maybe $800 junior bacon cheeseburgers.
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Old 04-05-07, 01:21 PM
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frame, fork, seatpost- $50
saddle- leftover
rear wheel- $50
front wheel- leftover
tires- $24
pedals- free
bar/stem- trade for a wheel I already had
tape- $10
lights- $50
brake- leftover
cable- $2
paint- $10
cog- $15
chain- $10
lockring- $10
cranks- trade for old bike parts
ring- $10
total- $231- that's more than I thought!
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Old 04-05-07, 01:23 PM
  #24  
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i am embarassed so i can't say.
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Old 04-05-07, 01:24 PM
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this should be fun: i'll do one on how much i paid for it (i had a shop discount), and another for retail (how much i think it's probably worth):

Frame: 1973 peugeot track frame - repainted, paint chips everywhere, etc. $175 w/ BB and Headset
BB: Phil Wood BB - french threaded
Headset: Campagnolo Super Record? French threaded
Wheelset: Phil Wood high flange track hubs laced to Velocity Deep v's ($250 for hubs, $40 for rims, $30 spokes) - $320 for the wheelset
Cog: Phil Wood 17t - $40 (bought at retail price)
Cranks: Sugino 75 w/ chainring - $170
Stem and Bars: Nitto track drops with Nitto track stem - free
pedals: free (wellgo "track")
seat and seatpost: free - some non-leather saddle and a no name seatpost
total: $665

estimated value (these could be wayyyy off)
frame: $150 (after repainting with original decals, etc - $300)
BB: $50
headset: $50
wheels: $450
cog: $15
cranks w/ chainring: $120
bars & stem: $40
pedals, seat, seatpost: $15
total: $890
probably couldn't get that much for it but whatever, this was fun.
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