Estimating the value
03-22-21, 10:59 AM
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Estimating the value
Hello
I am trying to sell my 1988 Centurion Dave Scott Ironman Expert 58 but bicyclebluebook.com doesn't go back that far. It's rebuilt and in great condition with same Red and white colors but I haven't been able to narrow in on the exact price I should sell it for. I keep seeing a range from $100 to $800. I was curious if anyone had an idea or maybe an estimate for what price I should be listing this bike for? Thanks!
I am trying to sell my 1988 Centurion Dave Scott Ironman Expert 58 but bicyclebluebook.com doesn't go back that far. It's rebuilt and in great condition with same Red and white colors but I haven't been able to narrow in on the exact price I should sell it for. I keep seeing a range from $100 to $800. I was curious if anyone had an idea or maybe an estimate for what price I should be listing this bike for? Thanks!
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03-22-21, 11:15 AM
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Depends on the method of sale (eBay versus Craigslist or Facebook Marketplace, or some other) and your local market pricing. I sold a 1987 Ironman Expert in 58 cm back in December for $400 through Craigslist. It sold within a few days. I had fully reconditioned it, though, with nothing left undone.
03-22-21, 12:02 PM
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Thread moved from General to Classic & Vintage Appraisals.
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03-22-21, 12:51 PM
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Price, for a vintage road bike depends on a few key factors...
Condition - the better the cosmetics, the more the value. Road worthy and safe to ride, = more value.
Size - medium reaches a bigger potential market, and that means more asking price. Small or large bikes are harder to sell and, needless to say, means a smaller market.
Location is super important. Big cities = big market = more $$$. In my city, Thunder Bay, Ontario Canada, it is hard to give something like this away...
But in Toronto or Vancouver (both big cities), value soars and I would not let it go for less than $750.00. Put another way, I will end up keeping it even though I do not need any more bikes. As for the value of a 1988 Centurion Dave Scott Ironman Expert 58, I have no idea, having never owned one.
Time of year is, in some places, really important. Needless to say few people are looking for an old road bike when there is two to three feet of snow on the ground. A couple of weeks from now, when Spring has sprung, the price goes up dramatically. And, in these unusual times, Covid speaking, there seems to be a shortage of bikes, meaning that the price is greater.
Marketing skills. Good pictures and accurate description usually means more money.
So, to determine value, we need to know where you live, what size the bike is, its condition, and you need to present all of this with care, meaning good pictures and description. If everything is really good, aim for the higher end of the price range. If not, use you best guess regarding the above and ask less.
Condition - the better the cosmetics, the more the value. Road worthy and safe to ride, = more value.
Size - medium reaches a bigger potential market, and that means more asking price. Small or large bikes are harder to sell and, needless to say, means a smaller market.
Location is super important. Big cities = big market = more $$$. In my city, Thunder Bay, Ontario Canada, it is hard to give something like this away...
But in Toronto or Vancouver (both big cities), value soars and I would not let it go for less than $750.00. Put another way, I will end up keeping it even though I do not need any more bikes. As for the value of a 1988 Centurion Dave Scott Ironman Expert 58, I have no idea, having never owned one.
Time of year is, in some places, really important. Needless to say few people are looking for an old road bike when there is two to three feet of snow on the ground. A couple of weeks from now, when Spring has sprung, the price goes up dramatically. And, in these unusual times, Covid speaking, there seems to be a shortage of bikes, meaning that the price is greater.
Marketing skills. Good pictures and accurate description usually means more money.
So, to determine value, we need to know where you live, what size the bike is, its condition, and you need to present all of this with care, meaning good pictures and description. If everything is really good, aim for the higher end of the price range. If not, use you best guess regarding the above and ask less.
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03-22-21, 05:27 PM
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Add some photos to your gallery, and tell us in detail what it has on it. Maybe someone can narrow the range down if we know more.
