Originally Posted by
wrk101
OK, so maybe my market sucks. But folks, prices have really fallen. And bikes I could have sold for $250 in one day now can take weeks to sell for $150. I see appraisals here far in excess of what I have been getting for properly prepared and presented bikes.
Here are two recent examples:
#1 : 1987 Trek 400, 700c wheel size. Look at the rims, ZERO wear. This was a garage queen. Sold for $150:
1987 Trek 400 by
wrk101, on Flickr
#2 : 1990 Trek 1200, full Shimano 105. Sold for $150:
1990 Trek 1200 150 by
wrk101, on Flickr
I also sold a similar Cannondale, Shimano 105 bike as well, for, you guessed it, $150. Don't have a picture handy right now.
Bill, I know that you often travel and are able to find deals. Too bad it isn't as practical to travel to hotter markets to sell. I guess you could, but talk about a lot of coordination and communication, trust, etc.
Obviously you can list complete bikes on eBay but then you have the shipping and as you are so quick to point out, any issue goes in favor of the buyer and it can be a losing proposition in the end for the seller.
Is this a blip? Or is it the "new normal"? I know prices have been sliding for awhile, but will the eventual scarcity drive them back up? Or is interest waning? Maybe it isn't as cool as it used to be to own a vintage steed.