My brand new 2010!!! S-Works Enduro . What's it worth?

NorthernNick wrote:

Hi there.
I have a 2010 Specialized S-Works Enduro in Large. I rode it a handful of times before I moved back to the UK from France. It's literally like new!
I kept the bike thinking that I'd get back on it at some stage but my wife kept producing babies and......it hasn't happened.

Finally.....I've decided to sell it. But....I have no idea whet to ask for it.

Hers's the spec:-
https://www.thebikelist.co.uk/specializ ... arbon-2010

The bike was vandalised, only the frame and levers were damaged. The frame was replaced with the same Fact-10 carbon frame in black, but without the S-Works decals. The brakes were replaced with Hope V4 brakes.

Any ideas? Any thoughts much appreciated.
Cheers.

I would hope you were involved in the process of producing those babies, normally it's a 2 person process.

Looking at that bikelist site they are saying £2,100 for a bike originally £5,000. I would take the approach of doing a really good advert and trying for something like £2,500 but have some expectation that it may struggle to sell for that and you could end up at £1200 or something but its always worth trying high first because you never know who is out there and what they are prepared to pay, sometimes there is more interest than you realise and sometimes much less. My advice is basically don't start at the lowest price you will accept but start high and gradually move down in price and allow sometime for it to sell to give some chance of getting the maximum price.

Looking at that bikelist site they are saying £2,100 for a bike originally £5,000. I would take the approach of doing a really good advert and trying for something like £2,500

Not a hope in hell that will go go for £2,100. I sold a 4 year old Nomad3 last year, carbon frame, enve rims, XTR, XX1, reverb etc, cost over £8k, for £2400, after 3 months of listing it higher.

my standard measure is 50% off after the first year, then 10% off for every year after that. that would get you to £950, but then factor in that most of the standards aren't current which will kick it further, the saving grace is its in good nick

As much as it will hurt OP, i reckon youll be lucky to get more than about £800 as a full bike and im not sure you'd do any better splitting it. Unless you have a pressing need for it to go, id keep it for the few times youll ride it, its not a bad bike, its just been superseded serveral times by various updates.

Yeah, there is no money in 2nd hand bikes... try the various classifieds sections of websites (pinkbike, here, singletrackworld) but the problem with those is that they're all enthusiast sites, so know that 26" isnt current, what else is available etc. ebay might well take a cut, but they have a bigger market place of less knowledgeable people, so you might get a hook there.

80% of something is better than 100% of nothing...

cooldad wrote:

Stick it on Ebay at 99p reserve. It will sell for what someone is willing to pay.

Or more correctly 1 bid higher than the second highest bidder was prepared to pay......

NorthernNick wrote:

Thanks Bonzo. Seem to remember being involved in the baby process - all a little hazy now.
Any recommendations where to advertise? I guess eBay would take a big lump.

They do often have £1 weekends and you can list it with for 30 days buy it now price that accepts offers so you get a whole month of advertising for £1 and if you accept a lower offer it is still £1. Don't auction it as vultures like me using sniping sites try for bikes at much below market value. I would typically place the first 99p bid to ensure the auction lasts until the end and then come in at the last seconds with my paltry bid, most of the time others bid higher but occasionally I get a bike for stupidly low money. If your bike isn't fashionable then you may get very low money but next week someone else may have been prepared to pay twice as much. Whatever you do only accept cash on collection. So many scammers on ebay who will try to get payments reversed and paypal always sides with the buyer pretty much even if you can prove the buyer is completely dishonest. It's too high risk to accept paypal as a payment for such a high value item in my opinion. Besides paypal take 3-4% which on £1500 is £40-60. If you list when the £1 offer is on and accept cash on collection only you will only pay £1 in fees.

Looking at the completed auctions etc for that model.

https://www.ebay.co.uk/sch/i.html?_from ... 5573.m1684

You can see the general range of prices they are going for. Maybe £1,800 would be a realistic first attempt at buy it now with a make offer option. Looks like if you can clear a third of its original value you have done well. Personally I'd rather play the waiting game and get a high price even if it took 2 months to sell than sell it low within a week.

Best of luck with your sale.

Tom Howard wrote:

Maybe £1,800 would be a realistic first attempt at buy it now

Are you on crack? a 2008 model sold (your link was completed listings, not SOLD) for £450... you'd pay £1800 for a nine year old bike? Here is what £1800 buys you.

https://www.pinkbike.com/buysell/2507496/ 2015 carbon bronson, decent spec
https://www.pinkbike.com/buysell/2488652/ 2016 pivot mach 6 carbon, high spec
https://www.pinkbike.com/buysell/2494696/ another high spec 2016 bronson

Do you have to act in such a childish manner are you 11 years old or something. I'm suggesting he starts high in case he can get a sale at that price. The completed listings are in green where a sale has been achieved. I've put stuff on ebay at a higher than market value price and achieved that on occasion and sometimes the very same item I got cheap because someone sold it on auction and didn't achieve normal market value. Sometimes the item I bought was dirty with poor photography and sometimes just by taking the time to clean the item do decent images and ensure the copy you write is decent can achieve a high price point.

Pinkbike surely is a site where potential buyers will have a much better understanding of bikes that could drive prices down or be set more realistically. This thread is about trying to maximise the seller's price not lower it and ebay would have a wider range of potential buyers. I've picked up a bike for 99p via ebay with a decent quality altus drivetrain and many decent features and while looking at completed sales at the time for the same bike cleaned up, well presented and decent copy go somewhere close to £80-100 (only stated best offer accepted at £100). Other completed sales were in the £50-60 range. Just making the point there is no static price point for the same item.

This thread is about trying to maximise the seller's price not lower it and ebay would have a wider range of potential buyers. I've picked up a bike for 99p via ebay with a decent quality altus drivetrain and many decent features and while looking at completed sales at the time for the same bike cleaned up, well presented and decent copy go somewhere close to £80-100 (only stated best offer accepted at £100). Other completed sales were in the £50-60 range. Just making the point there is no static price point for the same item.

There's a big difference in the buyers in the £0-£100 market than the £6-700+ market, even on eBay. At that price most people will do their research/want a specific thing and know what its worth. But you might get lucky with someone who hasn't a clue what they are looking for, with money burning a hole in their pocket.

Best of luck OP, let us know what it sells for.

I think Tom is being way more realistic on price for a bike of that age with no modern standards (wheel size / boost / has it got a tapered steerer on the fork etc?).

To maximise the value I’d advertise it without listing the year of the bike and don’t mention the wheelsize. Labour the point about the lack of use it’s had / carbon frame / brand value / quality of kit hanging off it.

Hope that someone coming back to mtb after years off and out of touch with things sees it and thinks Whyte getting a bargain. I’d probably be trying it at a buy it now of around £800 but allowing best offers and see if you get any interest.