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Pricing for a road bike?

Started by Braulski · · Last activity · 7 posts · 1,229 views

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01 / Original postPricing for a road bike?Braulski · 19 Jun 2010 02 / This pagePosts 1–7Page 1 of 1 · chronological order 03 / Latest replyPost #7Braulski · 22 Jun 2010

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Road Cycling
Published
19 June 2010
Last activity
22 June 2010
Original author
Braulski
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7
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Public discussion
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Aluminium frames

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  1. Original post
    Braulski
    Archived post
    #1

    Hi!

    I'm selling a road bike but I have no idea what to ask for it. It's a ladies Cypress (made in Vancouver, Canada. See: gwbicycle.comroad.htm), about 8 years old. I use it almost every day for commuting and cross-training and it runs pretty well. Bike consists of:

    Schwalbe Lugano tires (haven't had a flat in a year- knock on wood- and I ride 50 to over 200km a week).
    Shimano 105 group
    Ritchey rims
    toe-clip pedals
    aluminum frame, carbon fibre fork

    I don't have any problems with the bike when I ride it, it's just starting to look a bit tattered. The paint job is a bit banged up and a few uneccessary odds and ends are missing. These faults don't affect the performance of the bike, just the looks of it.

    Anybody out there have any opinions on what price I should ask for? Or a price range? Like I said, I really don't know where to start. Even if you have a price suggestion for just one of the components I mentioned above, that would be a help.

    Thanks so much!

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  2. kdelong
    Archived post
    #2

    What I typically do is look on eBay for bikes in the same condition and set my price according to the realistic prices that other sellers have set. What is going to hurt you in your pricing is that Cypress is not a well known brand like Trek or Specialized, etc. Also the fact that your 105 group is not a ten speed is going to turn some prospective buyers away. If I were looking at this bike(assuming that it was the right size and I had test ridden it and liked it), my first offer would be US $350 but I would probably be willing to put US$600 into it in its current condition. The problem with selling bikes is that they do not retain their retail value for any length of time and really drop in price as soon as any type of blemish appears.

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  3. Braulski
    Archived post
    #3

    Thanks. I think it's going to be harder than I think to sell a bike like this. Seems to have lost a lot of value, even though it works. But I'll see how it goes.

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  4. Resistorlead
    Archived post
    #4

    IMO, having a lot of miles on it is not a point in its favor. Like it or not, cosmetics matter a great deal. In general, a used anything will rarely get 50% of its new price. I think you'll have a tough time getting much out of it, but it's a question of finding the right buyer.

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  5. alienator
    Archived post
    #5

    If you've got the motivation, part it out on eBay. I think you typically get more by parting out bikes than by selling them whole. Don't underestimate the willingness of eBay buyers to overpay for an item.

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  6. alfeng
    Archived post
    #6
    Braulski said:

    Thanks. I think it's going to be harder than I think to sell a bike like this. Seems to have lost a lot of value, even though it works. But I'll see how it goes.

    The bike lost a lot of value for the same reason you want to sell it -- it has been cosmetically abused ... and, one can only presume a similar level of neglect for the components even if you say otherwise.

    You have to ask yourself how much YOU would pay for the bike if you were the buyer instead of the seller.

    kdelong was being generous, IMO, in suggesting that he would pay up to $600.

    If the bike were in PERFECT condition, then it would be worth about half of whatever it retailed for -- say, $1100 MSRP. So, at best, $550 for your bike.

    Subtract a considerable amount for wear-and-tear and I think you are realistically closer to the $300 which kdelong indicated.

    If you think the compenents are still good, then get a new frame from PricePoint/whomever & move the components to the new frame ... then, put the old frame on eBay & sell it for whatever the market will pay ...

    OR, if you think it is a great frame (e.g., a Colnago or a Pinarello or other high-zoot frame), then strip the components off the frame & have it repainted (allow $200-to-$1000, depending on how plain or exotic the finish is) and re-assemble the bike for your own use.

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  7. Braulski
    Archived post
    #7

    Thanks for all your replies, guys. It's helped me sort this out a bit. We'll see how it goes... (I've got low expectations, but hey- then it's hard to disappoint:p).

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