acadiennes

Hey guys.

A CL ad has piqued my interest, but I just wanted to verify the pricing. The issue is that I've never heard of the crankset or component brands. The following is from the ad:

Early 1980s Schwinn LE TOUR Road Bike
25 inch frame, 64 cm so 6'2" or taller. I'm 6'6" and it fits me perfect
Cro Moly Frame with aluminum everything else
Light and Super Fast
Blaze component package
BioSpace/Biotech Cranks Check out the bics. the crank rings are not round, more egg shape. This technology believes it's faster.
SUPER BIKE in great condition.
130psi 700c tires

How much is too much? He's starting at 3 benjamins.

Pics should appear below.
Thanks!

howsteepisit

I'd say at least 100 too high.

Poguemahone

Location has some effect on price (what's yours?), but the size is a major minus from a selling point of view. Certainly not worth 300$. Somewhere betwixt 150 and 200 I think.

I ride this size and have paid less than 300 for considerably nicer bikes.

oddjob2

The estimates above are on target IMHO.

big chainring 

I searched ebay completed listings for Raleigh Internationals recently. Highest selling price was for a 25 1/2" frame. This idea that larger frames sell for less is incorrect. This misinformation just gets repeated and repeated and repeated thru this forum. Size doesn't matter.

acadiennes

Thanks for the speedy response everyone, much appreciated. I'm in New Orleans, perhaps that will shed some light on the market.

bikemig 

$300 is a lot of dough for this bike. Hot markets are generally the bigger cities and/or college towns. I know N.O. well. I'm skeptical that it is a hot market but I could be wrong as I no longer live there.

Scooper

It's a 1989 Le Tour in Medium Blue/Dark Blue Fade, so late eighties (not early eighties). Agree with $150 - $200 value range.

1989 Schwinn Lightweight specs

1989 Le Tour catalog page

jjames1452 

Absolutely agree with the $150-$200 max for the Le Tour. Believe me, I love the bikes. I have a number of them.
My favorite bike is a '77 12.2.

I am selling a Tempo for $150-200, in the Midwest, which is a couple of steps up the Schwinn ladder. It is not selling quickly.
In our market, I would not pay more than $100 for a Le Tour in good/great condition.

Poguemahone

No. You likely saw an outlier. I've been following big bikes a long time, as I ride the size. There is definitely a price discount. And selling them can be tough, they tend to sit.

A couple years ago, I picked up a big, Campy equipped Somec in excellent shape for 250$. Good luck with that in a smaller size.

digger531

Back on point...$300 is way to much for any Le Tour and any bike with Blaze. Added together its a $150 bike in my opinion. Thats not to say I wouldn't sell it for $200, I just wouldn't buy it at that and if you are going to ride it, keep looking. Don't get me wrong, I like LeTours but that Blaze group is just a can of worms.