Go Back  Bike Forums > Bike Forums > General Cycling Discussion
Reload this Page >

About the used market

Search
Notices
General Cycling Discussion Have a cycling related question or comment that doesn't fit in one of the other specialty forums? Drop on in and post in here! When possible, please select the forum above that most fits your post!

About the used market

Thread Tools
 
Search this Thread
 
Old 01-23-22, 11:33 AM
  #1  
Juan Foote
LBKA (formerly punkncat)
Thread Starter
 
Juan Foote's Avatar
 
Join Date: Jan 2010
Location: Jawja
Posts: 4,299

Bikes: Spec Roubaix SL4, GT Traffic 1.0

Mentioned: 17 Post(s)
Tagged: 0 Thread(s)
Quoted: 2208 Post(s)
Liked 960 Times in 686 Posts
About the used market

I have this bike:

Specialized ROUBAIX SL4 EXPERT COMPACT 2013 - Specifications | Reviews (bikeroar.com)

It's a 58, has around 2000 miles on it, in very good shape with a set of Zipp 101 along with the original wheels that have been ridden on once. The only thing really wrong with it at this point aside from a good layer of dust, is it's not being ridden. A couple of years ago, and before the pandemic I had taken it to a local Specialized shop to inquire about a trade for another bike and was offered so little for it in comparison to what I paid that I balked, hung the bike up, and have touched it exactly one time since then. I have become too heavy to ride it (it's limit is rated at 250) and being honest with myself am likely never to be of an appropriate weight again.

Anyway, all that aside, I know that during the early months of the shutdown that bikes pricing went severely haywire. I often will 'sweep' CL just to see what is going on and if there is one thing certain, the price ranges you see there will leave a person far more confused than confident in appropriate pricing. I would like if any of you folks with a bit more finger on the current market would be willing to throw a ballpark price on such, accepting that it's a blind quote. The shop tried to offer me a $300 trade in several years ago, thus why I just hung it back up.

Thoughts?
Juan Foote is offline  
Old 01-23-22, 11:39 AM
  #2  
Viich
Hack
 
Join Date: Sep 2015
Location: Ottawa, Ontario, Canada
Posts: 1,265

Bikes: TrueNorth CX bike, 88 Bianchi Strada (currently Sturmey'd), Yess World Cup race BMX, Pure Cruiser race BMX, RSD Mayor v3 Fatbike

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 347 Post(s)
Liked 189 Times in 131 Posts
The thing about used markets is that other than high-end, it's pretty local. Most people aren't willing to put the trust in on shipping unless a bike is something really special (and your bike is a nice one, but not that), so it only matters what someone local to you is willing to pay.

Bring it to Ottawa and you can probably get $1100-$1500 CAD in the summer, assuming that there still isn't any new-bike inventory in that price range then.

I've lived in places where that $300 is probably way more realistic.
Viich is offline  
Likes For Viich:
Old 01-23-22, 11:42 AM
  #3  
njkayaker
Senior Member
 
Join Date: Sep 2007
Location: Far beyond the pale horizon.
Posts: 14,272
Mentioned: 31 Post(s)
Tagged: 0 Thread(s)
Quoted: 4255 Post(s)
Liked 1,354 Times in 940 Posts
Try selling it for $1500 and, maybe, come down a bit.

​​​​​​It certainly won't sell not being offered.

Sell the wheels separately.

Look at eBay.

It's not surprising it wasn't worth much to a shop.
njkayaker is offline  
Likes For njkayaker:
Old 01-23-22, 11:45 AM
  #4  
Juan Foote
LBKA (formerly punkncat)
Thread Starter
 
Juan Foote's Avatar
 
Join Date: Jan 2010
Location: Jawja
Posts: 4,299

Bikes: Spec Roubaix SL4, GT Traffic 1.0

Mentioned: 17 Post(s)
Tagged: 0 Thread(s)
Quoted: 2208 Post(s)
Liked 960 Times in 686 Posts
Originally Posted by Viich
The thing about used markets is that other than high-end, it's pretty local. Most people aren't willing to put the trust in on shipping unless a bike is something really special (and your bike is a nice one, but not that), so it only matters what someone local to you is willing to pay.

Bring it to Ottawa and you can probably get $1100-$1500 CAD in the summer, assuming that there still isn't any new-bike inventory in that price range then.

I've lived in places where that $300 is probably way more realistic.
Yes it's rather funny how that works.

A couple of years ago we were looking for a bike for my wife. On CL we found quite a few things in the $1-200 range and picked one up that was nicely priced if not the exact fit needed. It was good for finding out whether it was going to get use and later on we purchased another used bike of a very similar type and build quality from a shop for $300. (It was an aluminum hybrid/mtb type). That was supposed to get us some free service and perk from that shop. Super conveniently located right on the paths we were riding at the time...and closed a month or two after.
Of no doubt road bikes lose value hard when you are on the owner/seller side. I honestly have no doubt that the same shop that offered the 300 would have more than tripled that once clean and on the floor. In my own assessment of the current situation the biggest thing hurting what resale could be is the swap to disk brakes. So many people may not even consider an "old fashioned" caliper brake bike.
Juan Foote is offline  
Old 01-23-22, 02:48 PM
  #5  
Iride01 
I'm good to go!
 
Iride01's Avatar
 
Join Date: Jul 2017
Location: Mississippi
Posts: 14,985

Bikes: Tarmac Disc Comp Di2 - 2020

Mentioned: 51 Post(s)
Tagged: 0 Thread(s)
Quoted: 6193 Post(s)
Liked 4,808 Times in 3,316 Posts
Thoughts?
Does the shop deal in used equipment? If not, I'm surprised they even offered you anything.

What are you wanting to do is the big question. If you want to sell it then sell it for what ever you are able to get for it when you get tired of the effort to find the schmuck that's going to pay top-dollar for it. In my experience those willing to pay top-dollar are few and far between.

Or if you just want it out of your hair then give it away. Or donate it and take any tax write off you can get if that's applicable for your country.

Or, leave it in the shed for your heirs to have to deal with and wonder if it's just trash or some super valuable bicycle they can get boodles of money for.
Iride01 is offline  
Old 01-23-22, 07:12 PM
  #6  
ussprinceton
Senior Member
 
ussprinceton's Avatar
 
Join Date: Apr 2007
Location: Durham, NC 27705 USA
Posts: 1,077

Bikes: '18 S-Works Tarmac (white letters), '18 S-Works Tarmac (black letters), '22 Allez Elite, '16 Emonda SL, '03 fuel100, '14 adventure3

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 114 Post(s)
Liked 82 Times in 66 Posts
post it on eBay or CraigsList
ussprinceton is offline  
Old 01-24-22, 09:54 AM
  #7  
rumrunn6
Senior Member
 
rumrunn6's Avatar
 
Join Date: Jul 2008
Location: 25 miles northwest of Boston
Posts: 29,549

Bikes: Bottecchia Sprint, GT Timberline 29r, Marin Muirwoods 29er, Trek FX Alpha 7.0

Mentioned: 112 Post(s)
Tagged: 0 Thread(s)
Quoted: 5224 Post(s)
Liked 3,581 Times in 2,342 Posts
I just looked on ebay. wow, lots of range!
rumrunn6 is offline  
Old 01-24-22, 07:33 PM
  #8  
Rolla
Guest
 
Join Date: Sep 2020
Posts: 2,888
Mentioned: 13 Post(s)
Tagged: 0 Thread(s)
Quoted: 1346 Post(s)
Liked 3,270 Times in 1,439 Posts
Start at 50% of retail and lower your asking price from there until it sells.
Rolla is offline  
Likes For Rolla:
Old 01-24-22, 07:47 PM
  #9  
Juan Foote
LBKA (formerly punkncat)
Thread Starter
 
Juan Foote's Avatar
 
Join Date: Jan 2010
Location: Jawja
Posts: 4,299

Bikes: Spec Roubaix SL4, GT Traffic 1.0

Mentioned: 17 Post(s)
Tagged: 0 Thread(s)
Quoted: 2208 Post(s)
Liked 960 Times in 686 Posts
Originally Posted by rumrunn6
I just looked on ebay. wow, lots of range!
Honestly, it's rather disconcerting.

Originally Posted by Rolla
Start at 50% of retail and lower your asking price from there until it sells.
I am fully aware that half or retail isn't going to happen, particularly on a bike of this age. Well, I mean...maybe you ARE right considering the used car market.
Juan Foote is offline  
Old 01-24-22, 08:21 PM
  #10  
Rolla
Guest
 
Join Date: Sep 2020
Posts: 2,888
Mentioned: 13 Post(s)
Tagged: 0 Thread(s)
Quoted: 1346 Post(s)
Liked 3,270 Times in 1,439 Posts
Originally Posted by Juan Foote
I am fully aware that half or retail isn't going to happen, particularly on a bike of this age. Well, I mean...maybe you ARE right considering the used car market.
I'm not trying to be right, I'm just telling you how I would price it. On Pro's Closet there's a 2013 listed for $2100. 2014 and 2015 versions are at $2300 and up. Personally, I'd be quite happy to get $1500 for it, but a lot depends on how long you're willing to fuss with it.
Rolla is offline  
Likes For Rolla:
Old 01-25-22, 11:35 AM
  #11  
blacknbluebikes 
Senior Member
 
blacknbluebikes's Avatar
 
Join Date: Jul 2013
Location: NJ, USA
Posts: 1,282

Bikes: two blacks, a blue and a white.

Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 445 Post(s)
Liked 847 Times in 410 Posts
I'll bet you can get 800-900.
blacknbluebikes is offline  
Old 01-26-22, 09:45 AM
  #12  
redcon1
Senior Member
 
redcon1's Avatar
 
Join Date: Aug 2008
Location: South Central PA
Posts: 549

Bikes: Focus Arriba, Specialized Roubaix Expert, Bianchi Impulso Allroad

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 109 Post(s)
Liked 82 Times in 53 Posts
Craigslist has died around here with most people using Facebook marketplace. I sold my wife's 2014 Specialized Ruby Elite for $800 recently. during the height of the Pandemic bike craze I could have probably gotten $1200.
redcon1 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.