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What is a fair value for this used Trek Checkpoint ALR5 2021?

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What is a fair value for this used Trek Checkpoint ALR5 2021?

Old 01-10-22, 09:06 AM
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maartendc
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What is a fair value for this used Trek Checkpoint ALR5 2021?

Hello all,

I am looking at buying a used Trek Checkpoint ALR5 2021 model year bike local to me (local pick-up). The bike retailed new for 2300 EUR at the time.

The seller bought it in late 2020. So it is just over a year old and looks in really good condition (almost new). It supposedly comes with the original purchase receipt and warranty.

The seller is asking 2000 EUR, which I believe is too high. For that little savings, why would someone take the risk buying used? What would be a fair price for a very good condition used bike like this? I was thinking around 1700 EUR sounds more reasonable?

Thanks!
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Old 01-10-22, 09:24 AM
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Secondary market value is going to vary. All you can only throw your offer out there - if the seller doesn't accept, they don't accept. Also, don't take the seller's word for it on the warranty transfer - check with Trek. Maybe things have changed recently, but in the US, at least, the Trek warranty only applied to the original buyer.

Edit: warranty for the US (my bolding)-

Lifetime
Framesets (frame and rigid fork), main frame, and full suspension swing arms for the lifetime of the original owner
Bontrager wheels with carbon rims
Originally Posted by maartendc View Post
The seller is asking 2000 EUR, which I believe is too high. For that little savings, why would someone take the risk buying used?
These days, availability could be a the overriding factor.
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Old 01-10-22, 10:01 AM
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Value is what you are willing to pay for it.

If there are 5 available on the local shop's floor, then you have some pretty good negotiating room. If there are none, and there are 5 buyers lined up to but the used one, then not so much.

Being an aluminum bike, it should be fairly easy to tell if it has had any damage - look for dents, hairline or larger cracks in the paint, especially around the head, bottom bracket and other places where there is welding.

It's a nice bike. Rented one for a day last spring, and really enjoyed riding it. Good luck!
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Old 01-10-22, 10:37 AM
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It's worth what you are willing to pay. For me that's 60% MSRP the day it rolls out of the shop door and less every year after that. Needless to say, I don't own very many bikes I didn't buy new myself.
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Old 01-10-22, 11:02 AM
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Originally Posted by WhyFi View Post
Secondary market value is going to vary. All you can only throw your offer out there - if the seller doesn't accept, they don't accept. Also, don't take the seller's word for it on the warranty transfer - check with Trek. Maybe things have changed recently, but in the US, at least, the Trek warranty only applied to the original buyer.

Edit: warranty for the US (my bolding)-





These days, availability could be a the overriding factor.
Originally Posted by Mojo31 View Post
Value is what you are willing to pay for it.

If there are 5 available on the local shop's floor, then you have some pretty good negotiating room. If there are none, and there are 5 buyers lined up to but the used one, then not so much.

Being an aluminum bike, it should be fairly easy to tell if it has had any damage - look for dents, hairline or larger cracks in the paint, especially around the head, bottom bracket and other places where there is welding.

It's a nice bike. Rented one for a day last spring, and really enjoyed riding it. Good luck!
Thanks for the feedback.

You are absolutely right, it depends on the market, availability, etc. I regularly see almost new gravel bikes being sold in my area for about 70% of the retail value, which in this case would be 1600 EUR. That seems pretty fair to me.

Availability of bikes has been very bad indeed. But I can still find similar new bikes in my area for about 1900 EUR, so I am definitely not paying that, or I would just get something new.

Thanks!
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Old 01-10-22, 12:12 PM
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I have a 2021 ALR5. Great Bike. I picked it up May 2021.

The new model, which has some improvements, has gone up from $2199US to $2429US. And reportably the dealers are taking orders for late 2022 or early 2023 delivery.

If I were to sell mine, I would ask around $2000US. And an offer of $1700US would be politely declined. Supply and demand.

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Old 01-13-22, 08:15 AM
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Happy to report the seller accepted my offer of 1650 EUR, which I think was a fair price. Bike looks brand new, not a scratch on it.

Just thought I would share in case people are interested what these end up selling for in European market.
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Old 01-13-22, 09:29 AM
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At today's exchange rate1,650 EUR = 1,893.19 USD.
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Old 01-13-22, 09:32 AM
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Originally Posted by maartendc View Post
. Bike looks brand new, not a scratch on it.
Pics?
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Old 01-16-22, 07:16 AM
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Originally Posted by cb400bill View Post
Pics?


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Old 01-16-22, 07:54 AM
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Looks brand new!
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