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Advice on selling an older bike...(23 posts)

Advice on selling an older bike...UncleMoe
Nov 21, 2001 8:44 AM
I'm hoping someone can give me some advice based on experience. I want to sell this bike, but I'm unsure of how much effort I should put into it, or what a somewhat decent price is to ask.

I have an older Trek 1000 Road Bike (I think it is a 1000, but don't quote me). It is approx. 10-12 years old, maybe 15 years. I don't know the exact age because it was given to me.

Here are the details:
- Decent shape, just needs some cleaning up.
- Frame has a few scratches in the paint.
- Entry level SPD clipless pedals, unsure of brand.
- 56 cm frame
- Mavic wheels (original from bike, but obviously old)
- Suntour components
- Shifters on down tube (old style)

I have a few directions I can take.

- Just sell it as is in tag sale/garage sale fashion without replacing the tires or tubes, all of which are old (tires are unsafe to ride due to rot).

- Replace the tires and tubes, clean it up a bit, so it is rideable immediately. I'd get cheap tires, so maybe a $30 investment.

- Clean it up real nice, polish it up, get better tires, etc. and try to sell it on the Marketplace or eBay.

- Do you think anyone would buy this "as is" on the Marketplace just for spare parts?

What would be the best direction and how much do you think I could get for it?

Thanks for any input.
50 bucks?ColnagoFE
Nov 21, 2001 8:52 AM
Don't waste your money fixing it up. You'll be lucky to get $50 for it anyway. Why not just keep it for a beater? Or make a fixie out of it?
50 bucks?UncleMoe
Nov 21, 2001 9:03 AM
That is sort of what I was thinking. $50 as is. Probably whoever buys it will use it as parts or can fix it up the way they want anyway.

I would keep it for a beater, but it is a bit big for me. I finally got a real road bike this past spring and ended up being fitted for a 52cm frame.

I've thought of the fixie option, but with one road bike, a hardtail MTB, and thoughts of a full suspension MTB in the spring, a 4th bike would be tough to juutify given I live in a townhouse and our garage is crowded already.
donate to Goodwill or schoolJack S
Nov 21, 2001 9:08 AM
and take the tax write off
donate to Goodwill or schoolUncleMoe
Nov 21, 2001 9:19 AM
I had thought of that. The only catch is that I have a home based business that has had some loses, and I worry that I might get an audit flag. Plus, I'll have over $500 in donations this year, so I need some decent records in case I do get audited.

I could use the eBay auctions to justify my estimated value of the bike at $250 though, so it is worthy of consideration.
steel w/horizontal dropouts?Jack S
Nov 21, 2001 8:56 AM
turned it into a fixed
What Suntour group? 6 speed freewheel or 7? nmscottfree
Nov 21, 2001 8:59 AM
Unsure of the group...UncleMoe
Nov 21, 2001 9:15 AM
It is a 7 speed cassette. Based on one of the eBay auctions I guess I would describe the group the same.

"7 spd cassette, Suntour indexed shifting"
Unsure of the group...scottfree
Nov 21, 2001 9:21 AM
If the derailleur says "Superbe" or maybe "Cyclone Mk II," you have Suntour's Ultegra equivalence, and you might get a decent price for the bike (from someone who's into paying for such retro niceties).

Have to admit I'm a bit shocked at the eBay price through. Lot of money even in the retro world. Someone REALLY wanted that bike.
I'll take a look at home...UncleMoe
Nov 21, 2001 9:28 AM
to see what it says. Thanks for the info. I'm a decent bike rider, but I'm a little challenged when it comes to identifying components and their quality.

Check out the bid history. One person bid on it 5 times in a row with no counter bids. I wonder if it was the seller boosting up the value and number of bids to make it a hot auction.
I'll take a look at home...scottfree
Nov 21, 2001 9:34 AM
Post back here with specifically what derailleurs, brakes, and cranks the bike has. Also, are you sure it's indexed shifting? Look for the word 'Accushift.' I can tell you what to play up in your ad for the Suntour crowd. We lurk eBay like crazy looking for old Suntour gems.
lol...UncleMoe
Nov 21, 2001 9:39 AM
I said indexed shifting because that's what the other auction said. When I sdift these, they go "click, click, click", so I put 2 and 2 together and figured that is what indexed shifting meant.

I'm pretty basic, but at least I can laugh at myself. Thanks again, I'll check tonight and repost the details.

It sounds like you are saying someone might buy it just for the Suntour component group?
lol...scottfree
Nov 21, 2001 9:51 AM
Well, Treks aren't big with the retro crowd. But high-end Suntour will always draw interest, for replacement parts if nothing else. It's hard to find new-old-stock Suntour anymore, so we scrounge!
how eBay proxy bidding works:DAC
Nov 21, 2001 11:42 AM
Bidder A places a maximum bid for say $100, even though the highest bid showing is $5. Immediately, it shows his bid for $11, since the previous high bidder (bidder B) bid a maximum bid of $10. Later, the bidder B trys to raise his bid to $20. Bidder A is still higher by $1 over bidder B. Bidder B tries $30, then $40, then $50. Now the high bid stands at $51, for Bidder a, even though he will go as high as $100. Bidder B figures it isn't worth more than $50 to him, and gives up. At that point, bidder A's profile shows 5 seperate bids, because he was highest bidder all 5 times, even though he bidded only once. Biudder B, though, even though he actually bidded 5 times, he was highest only once, and only 1 high bid shows.
Ahh thanks. I forgot about that (nm)UncleMoe
Nov 21, 2001 12:00 PM
re: Advice on selling an older bike...Js Haiku Shop
Nov 21, 2001 9:02 AM
#1: i agree with ColnagoFE. beater, rain bike, trainer, fixie.

#2: if you really want to get rid of it, here's the way to go, though i'm not sure what an older trek 1000 is worth...

NEW:

tires ($10 each, or less)
tubes ($3 each)
rim tape ($5 total)
cables & housing ($10 total, or less)
bar wrap ($10 or less)

degrease, clean, lightly lube, polish and take some electronic pics, put 'em on ebay and be honest but purely factual about the bike. see what the going rate is for a bike of that age and condition. average in double (or more than) what you pay for the parts above. get the stuff from www.nashbar.com--not as quick as LBS, but cheap.

(this is how i've been able to upgrade bikes and parts over the last few years)

current values on varying-age trek 1000s on ebay, and completed auctions. good luck.
This is the bike, almost to a tee.UncleMoe
Nov 21, 2001 9:11 AM
Thanks man.

http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=1028880634

Same color, etc. Just a little cleaner. I just might use this guys description as is, while supplying my own pic after I clean it up. It is suppose to rain all weekend here in San Diego, so I might was well have a weekend project. Thanks!
yur welcome. that'll be $150, or 50% of the ebay final bid. nmJs Haiku Shop
Nov 21, 2001 11:08 AM
ps: keep in mind UPS shipping prices when listing on ebay...Js Haiku Shop
Nov 21, 2001 11:14 AM
used to cost me $30 to ship a bike southeast US to oregon. this spring it went to $50. make sure to specify "buyer pays for shipping" in your auction. some may balk at the $50 or whatever it'll cost to ship. you can get an estimate with to & from zip codes using ups.com.
Cool - Thanks Again! (nm)UncleMoe
Nov 21, 2001 11:25 AM
Nix the fixte idea if it is too big for ya. nmMB1
Nov 21, 2001 9:08 AM
re: Advice on selling an older bike...walter
Nov 21, 2001 11:53 AM
If the bike is of at least decent quality and a Trek 1000 is, eBay is the place to sell. Nowhere else will you get exposure to so many potential buyers. (don't I sound like an ad?) That Trek goes for 50$ in a local ad or your front yard. Looks like you may get 3-4X that on eBay esp. if, as I'd recommend, you spend a few $ and a few more hours and really clean it up. One thing going for you is that 56cm is a very common size. Good pictures too. Crappy or non-existant pics and it won't sell. eBay is a hassle but in this case it looks to be worth it. Follow the others advice about shipping.

Retro bikes sell. Only a few, mostly Italian, bring big money but clean quality bikes listed with reasonable starting bids seldom go bidless. I don't buy often but avidly watch as I like retro rides.
Cool, thanks again (nm)UncleMoe
Nov 21, 2001 12:01 PM