How much are bikes worth 2nd hand?

Aud Reekie MTB

Hey all,

My bike is a black 2004 Cannondale Scalpel. It'sa 25ib cross country full susser with lock out front and rear and hydraulic discs , has been well maintained and has a RRP of £2000.

Had seen a couple for sale, £900 for one a few yrs old and £600 for a 2003. Of course i don't know if the sellers actually got that money

Was thinking about advertising for £550. Is that realistic? Have any of you sold any older high spec bikes for that money. Tell me your experiences of selling/buying 2nd hand bikes.

Andy

bomberesque

rough guide;

RRP of new bike - 50% RRP for the first year - 10% of the remainder per year over 1 year old

so your bike = 2000 x 50% = 1000x40% = 600 GBP

so 500-600 sounds about right, depending on what condition it's in

Aud Reekie MTB

Cheers mate.

Any other thoughts? Do you agree? Have you sold an older bike for that kind of money?

geordiefreerider

I would offer you £400 but im a cheeky bugger ha ha £550 is probably about right but you may have to be patient to get the money you want.

Joe_Pineapples

I paid £300 for a good condition '04 Orange Patriot frame last month so it make make you more cash to split the bike and sell it as components. Although you'll inevitably be left with a box of bits that don't sell.

bomberesque

Joe_Pineapples wrote:

you'll inevitably be left with a box of bits that don't sell.

can't call yourself a mountainbiker unless you have a box of old bits no-one wants but are in too good nick to chuck out. I call it my "free to a good home box"

Joe_Pineapples

I call it 'My lucky box'.

stu8975

Your bike is worth as much as whatever someones willing to pay for it..I recently sold my '06 Anthem 2 frame, '07 Fox F100 Rl's and Mavic crossland wheels for £600 (offered), i would of took £450 considering the frame wasnt the best condition cosmetically (scratched anodising doesnt look good at all).

Aud Reekie MTB

I hope you didn't tell the buyer you would have taken £600 after he'd handed over his cash, lol!!

I suppose one problem i might have would be being in Scotland (even though i rather like my country! ) - I guess there have to be less buyers up here than in the South East of Engerland.

Joe_Pineapples

Parcelforce can be cheaper than you think.

The Northern Monkey

i'll give you £20... seeing as though I haven't seen a picture and valuation threads aren't allowed on here..

Post it in the "for sale" section at a price that YOU think is reasonable. It may be worth £500 to you, but £20 to me.... get my drift?

stu8975

Nope, mentioned i was selling it when the new frame arrived, he had a butchers round the bike, all mechanically sound, new seals fitted to forks etc, came back 2 days later (he said he checked how much he'd have to spend if he bought new), ie 895 for a frame alone, then promtly offered 600 english readies (i tried not to rip his hand off..lol).

Aud Reekie MTB

parcelforce ? How much do you reckon?

So what preparation would it need to be boxed?

projectsome

bigbenj_08 wrote:

i'll give you £20... seeing as though I haven't seen a picture and valuation threads aren't allowed on here..

Post it in the "for sale" section at a price that YOU think is reasonable. It may be worth £500 to you, but £20 to me.... get my drift?

sell it according to the target audience.

my bike was on facebook marketplace for £400, in a local paper for £450 and bikeradar for £370.

yes, same bike different prices. if I put it on ebay I'd put it closer to £500 to cover fees.


I'll see your £20 and raise you £15

Anonymous

I sold my GT Aggressor Hardtail for £400.

It was £799 at Halfords when new... only 1 year old, mint condition apart from the old chip in the frame and the spokes needed a wee tweak due to rocky hill rides..

so I would say and I've heard others say on this site..

1year 50% rrp then take off 10% each sub year after that.. ^^^^^ just like wor that bloke said..

saying that I'll give you £10 for it.;)

passout

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