Originally Posted by
Mojo31
You have to look at how the state's law defines the measure of recovery with respect to actual damages. In virtually every, if not every, state, the measure of recovery on property damage due to negligent actions is the fair market value of the damaged goods or the reasonable cost of repair..
They state "fair market value", but they don't define it. You can reasonably assess safety of a second hand car from a reputable shop and you are also obliged to certify its secure use with official bodies before driving it on public roads, but nobody takes responsibility to assess and certify safety in operation for second hand carbon bikes.