Approximate value of a used recumbent?
#1
Senior Member
Thread Starter
Approximate value of a used recumbent?
Sorry for the appraisal ask, I just don't really know where to start on my pricing. It's a trike that was $2500 or so new, but is no longer made... none for sale that I can find. So it's worth what someone is willing to pay. Any suggestions on what price to start are appreciated!
It's just like these. Yellow. 54 speed. Disc brakes.
BIKES
It's just like these. Yellow. 54 speed. Disc brakes.
BIKES
#2
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Try Bentrideronline. I think you are more likely to find somebody there who is either more familiar about the brand or more familiar with buying and selling tadpole trikes. Any number I could put out really wouldn't be any better than your guess. Good luck.
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#3
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You can read a little here about the trike. If this is correct, the builder used the same frame as Jerome Hediger (US importer of Greenspeed trikes) did for his Trimuter trikes. He had an agreement with Greenspeed to buy the frames and build them in Illinois. That would make the Scarab similar to the Greenspeed GTO. Hediger no longer makes the Trimuter. Greenspeed stopped making the GTO model so it may be the reason the Scarab website hasn't been updated since 2011.
It's very difficult to place a value on something that is so rare so there aren't any comparables to use as a guide. The genuine Greenspeed GTO is still sought after but prices vary a lot. Only two were listed on Bentrider in 2019. One sold for $1500 and the other did not have a price listed in the ad so there is no way to know the price. One identical to the one I own sold in Phoenix about two years ago for $750. That was a steal.
Why no Scarab Trikes for sale? 10/16/2009 https://www.bentrideronline.com/mess...ad.php?t=54136
Hediger Trimuter Trikes https://www.bentrideronline.com/mess...ad.php?t=69293
It's very difficult to place a value on something that is so rare so there aren't any comparables to use as a guide. The genuine Greenspeed GTO is still sought after but prices vary a lot. Only two were listed on Bentrider in 2019. One sold for $1500 and the other did not have a price listed in the ad so there is no way to know the price. One identical to the one I own sold in Phoenix about two years ago for $750. That was a steal.
Why no Scarab Trikes for sale? 10/16/2009 https://www.bentrideronline.com/mess...ad.php?t=54136
Hediger Trimuter Trikes https://www.bentrideronline.com/mess...ad.php?t=69293
#4
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Based on my observations of BentRider Classifieds, FB Markeplace, and Craigs List the last 5 years or so...
If it is in very good condition, perhaps 1000-1100 USD.
Average shape, about 750-950 USD.
If it is in very good condition, perhaps 1000-1100 USD.
Average shape, about 750-950 USD.
#5
Full Member
No one can tell you, each time you have to do a little research like checking for similar prices on e-bay, bentrider, rtrmag.com, recumbents.com, and of course craigslist. Probably this always takes 30-60 minutes but will give a good look at advertised prices.
For craigslist, there is a good tool for searching all of craigslist, or craigslist within a distance : searchtempest.com when you search on a keyword in there, after you set a search distance, like 500 miles,then click on open all. It seems like a lot, but if you hover your cursor on the close window x, you can quickly look at each local craigslist (maybe 20 or 30 of them) and see if anything close to what you are selling is for sale in a local craigslist.
Of course, in all searches using the word recumbent, it's kind of annoying but you have to work to eliminate the stationary bikes.
If you are not willing to do that kind of work, then used bikes in great shape are generally in the range of one-third to one-half their initial value depending on age and popularity, but really about one-third seems to be the norm to me for recumbent bikes. It's why I always advise people to buy used instead of new, especially for their first recumbent while they figure out what they like or dislike as the resale of the first recumbent does not then eat their capital.
For craigslist, there is a good tool for searching all of craigslist, or craigslist within a distance : searchtempest.com when you search on a keyword in there, after you set a search distance, like 500 miles,then click on open all. It seems like a lot, but if you hover your cursor on the close window x, you can quickly look at each local craigslist (maybe 20 or 30 of them) and see if anything close to what you are selling is for sale in a local craigslist.
Of course, in all searches using the word recumbent, it's kind of annoying but you have to work to eliminate the stationary bikes.
If you are not willing to do that kind of work, then used bikes in great shape are generally in the range of one-third to one-half their initial value depending on age and popularity, but really about one-third seems to be the norm to me for recumbent bikes. It's why I always advise people to buy used instead of new, especially for their first recumbent while they figure out what they like or dislike as the resale of the first recumbent does not then eat their capital.
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#6
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Thanks all for the replies. I'm totally fine doing the research, I just wasn't coming up with much used market sale data on this particular brand and didn't know how much that would affect demand. Luckily I'm in a big market, though of course this is the slow season. I'll ask $900 since it's got disk/but the paint is a bit faded and see if anyone even expresses interest. Thanks!
#7
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It's hard to say what the market is these days. With the exception of the last couple of days, the riding weather in Las Vegas has been fabulous. Trikes generally sell faster than two-wheeled recumbents. I was surprised to see a 1 year old Catrike 559 folding trike listed on CL for $1,200. The new price for the base model at Utah Trikes is $3,150 plus $200 shipping. It's been listed for 18 days already. It would be a heck of a deal for a local buyer.
#8
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Thanks all for the replies. I'm totally fine doing the research, I just wasn't coming up with much used market sale data on this particular brand and didn't know how much that would affect demand. Luckily I'm in a big market, though of course this is the slow season. I'll ask $900 since it's got disk/but the paint is a bit faded and see if anyone even expresses interest. Thanks!
I don't think it having disc brakes is any particular "pro" for upping its value. Most trikes have disc brakes.
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Angletech, the local dealer for recumbents new and used in my area has one for sale for $800, FYI. Click on Experienced Bikes link. Angletech-Cycle Different
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#10
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Angletech, the local dealer for recumbents new and used in my area has one for sale for $800, FYI. Click on Experienced Bikes link. Angletech-Cycle Different
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#11
Senior Member
Just my non-expert opinion, but I think you should be able to get $700-800 for any trike with a good frame, good rubber, and 'new enough' drive train. Seven and eight speed cassettes are probably a liability, as are worn parts (especially chain.) Most trikes have disc brakes.
OTOH, if you've got something with an out-of-spec chain and worn cassette and chainrings, you could easily end up spending half its value just to fix it so it'll sell.
OTOH, if you've got something with an out-of-spec chain and worn cassette and chainrings, you could easily end up spending half its value just to fix it so it'll sell.
#12
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If someone is lurking way later on this, I ended up getting $800 for the bike. A former state representative randomly called me an drove around 5 hours to come get it! Pretty unusual sale for me. Ha. That being said, I guess these types of bikes don't often come up for sale and when someone wants one, they really want it. I had two other guys who said they wanted it and would have had to travel as well.
#13
Senior Member
You've still left us not knowing much more than when you asked your original question. Very few specifics (Color? C'Mon...) This was probably no more than a half-hearted exercise meant to 'stump the experts' and not provide any info to the community, Glad you sold ... whatever it was...
#14
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Thread Starter
You've still left us not knowing much more than when you asked your original question. Very few specifics (Color? C'Mon...) This was probably no more than a half-hearted exercise meant to 'stump the experts' and not provide any info to the community, Glad you sold ... whatever it was...
#15
Senior Member
A scarab is old, old. So even with that knowledge, you were asking the value of an antique. Getting $800 sounds like it was a good transaction for you.
#16
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Thread Starter
I can’t figure out why the guy wanted it so bad, honestly. He drove hours to come get it. I hope he enjoys it though. I’m not a recumbent guy, but it was fun to cruise around the neighborhood on. My kids liked sitting in my lap haha.