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Used bike prices(10 posts)

Used bike pricesspokehead
Aug 20, 2002 11:44 AM
I want to list a used bike for sale in the classifieds, but don't know how to price it. How do you figure depreciation on a used bike, besides just comparing it with the current price of the same (or similar) model?
Search closed auctions on ebay for similar bikesNMtronracer
Aug 20, 2002 11:49 AM
I asked my dad that question once.Spoke Wrench
Aug 20, 2002 12:01 PM
He said: "Pull a number out of your head and make that the price." "If you still have it a month from now, the price was too high. If you sold it, the price was too low."

I know that's not much help, but I think that it's true. If you are going to consider closed Ebay auctions, you should also consider the items that get no bids above the reserve and consequently don't sell.
re: Used bike pricesyeah right
Aug 20, 2002 12:04 PM
I still adhere to the $used = 35-50% $new in good condition. unless you have something fashionable (colnago etc.) or significantly old (c-record equipped etc.), you'll find that method works most of the time. Also, remember you don't get all the money out of upgrades that you think you should, this is the number one most annoying thing about used bike sellers. ebay is a good idea, but only if there are other bikes like yours to reference.
Regarding E-bayMel Erickson
Aug 20, 2002 12:27 PM
I think you should expect to get slightly less on the classifieds than you could get on ebay. Your costs will be higher on ebay and it is a more competetive forum (auction). Otherwise ebay would be a good reference. For something in good shape but 4-5 years old I would think 50% of retail would be a ballpark figure.
agreed. and, if you have the how-to, do ebay instead...JS Haiku Shop
Aug 20, 2002 12:33 PM
you're likely to get 70% or more of your original purchase price. that makes up for the ebay fees, and then some. include the facts, a pic, and answer e-mails quickly and with full disclosure.
whoops, just realized...JS Haiku Shop
Aug 20, 2002 12:35 PM
i'm not doing anything to forward our favorite site.

imho, ebay is good for auctions jacking up prices--and it's a seller's market. however, RBR is a good place to keep the funds "in the family", as it were. my first road bike was purchased on the classifieds forum when RBR was still "roadies rejoice", if i recall correctly.
Roadies Rejoice??? hmmm. I think I like RBR better ;-) (nm)gs6769
Aug 20, 2002 12:39 PM
Yep, Roadies RejoiceMel Erickson
Aug 20, 2002 1:59 PM
I purchased four bikes (1 road, 2 mountain and 1 tandem) from the classifieds, none from ebay, and I think all of them were bought when it was still Roadies Rejoice on the MTBR site.
re: Used bike pricesbianchi boy
Aug 20, 2002 6:08 PM
As others said, eBay is a great resource for pricing things. Go to the bicycles section and do a search for bikes similar to yours. When you find ads for similar bikes, click on the link that says "Watch this Item." That will store the ad on your personal page, even after the auction has closed. I sold a bike frame and other equipment on the old RBR classifieds section before it got all glitzy and hard to use. The ads here used to get A LOT of action, but I think it's trailed off considerably since they changed the ad format.