Bikes Value

[Mikestone241]

Hi guys and gals,
I know this might seems a little basic, but Im looking to sell a couple bikes. One road and one mountain. I know how much I paid for them, but with new bikes coming out every year is there a good way to determine their value now?
Thanks!
MS

 

[JayKosta]

Check eBay, or online websites for used items in your area.

Jay Kosta
Endwell NY USA

 

[King Boonen]

What are the bikes?

 

[ElChingon]

Without even looking at the bikes nor their year or conditions:

Road Bike : $200 to $300
MTB Bike : $100 to nothing. (they're a dime a dozen, just look at any bike rack out near you)

Anything better take it before they think twice.

 

[dsut4392]

Hi guys and gals,
I know this might seems a little basic, but Im looking to sell a couple bikes. One road and one mountain. I know how much I paid for them, but with new bikes coming out every year is there a good way to determine their value now?
Thanks!
MS

For mid range bikes and below:
If you bought it yesterday and didn't ride it, about half of what you could buy it for new from the cheapest online store.
If you rode it, for every scratch and mark subtract another 5%.
Value declines slowly thereafter with age.

Higher end bikes:
If you bought it yesterday and didn't ride it, about 80% of what you could buy it for new from the cheapest online store.
If you rode it, for every scratch and mark subtract another 5%.
Value declines to 50% of purchase price within a year or two, then slowly for a couple of years, then drops off a cliff (e.g. 10 speed Shimano will drop in value when 11 speed has filtered down to 105 level and below).

Full custom masterpieces:
Could take you forever to sell, and get either a good price or a pittance depending on whether your 'masterpiece' is actually nice, or just a tasteless shortlived fad.
You may have better ROI parting it out.

As suggested, check eBay for a guide to prices in your area.

 

[Mikestone241]

What are the bikes?

Bikes are a 2008 Speciaized Tarmac in really nice condition and a 2008 Specialized Epic Expert

 

[Mikestone241]

For mid range bikes and below:
If you bought it yesterday and didn't ride it, about half of what you could buy it for new from the cheapest online store.
If you rode it, for every scratch and mark subtract another 5%.
Value declines slowly thereafter with age.

Higher end bikes:
If you bought it yesterday and didn't ride it, about 80% of what you could buy it for new from the cheapest online store.
If you rode it, for every scratch and mark subtract another 5%.
Value declines to 50% of purchase price within a year or two, then slowly for a couple of years, then drops off a cliff (e.g. 10 speed Shimano will drop in value when 11 speed has filtered down to 105 level and below).

Full custom masterpieces:
Could take you forever to sell, and get either a good price or a pittance depending on whether your 'masterpiece' is actually nice, or just a tasteless shortlived fad.
You may have better ROI parting it out.

As suggested, check eBay for a guide to prices in your area.

Thanks for the two cents! I kind of had a feeling they depreciated as quickly as you mentioned, but just wanted to get a more current idea. You guys have any luck with accurate pricing from either bicyclebluebook.com or priceanomics.com? or is ebay the most accurate?

 

[hiero2]

For mid range bikes and below:
If you bought it yesterday and didn't ride it, about half of what you could buy it for new from the cheapest online store.
If you rode it, for every scratch and mark subtract another 5%.
Value declines slowly thereafter with age.

Higher end bikes:
If you bought it yesterday and didn't ride it, about 80% of what you could buy it for new from the cheapest online store.
If you rode it, for every scratch and mark subtract another 5%.
Value declines to 50% of purchase price within a year or two, then slowly for a couple of years, then drops off a cliff (e.g. 10 speed Shimano will drop in value when 11 speed has filtered down to 105 level and below).

Full custom masterpieces:
Could take you forever to sell, and get either a good price or a pittance depending on whether your 'masterpiece' is actually nice, or just a tasteless shortlived fad.
You may have better ROI parting it out.

As suggested, check eBay for a guide to prices in your area.

Pretty well covers it, imo.

 

[hiero2]

Thanks for the two cents! I kind of had a feeling they depreciated as quickly as you mentioned, but just wanted to get a more current idea. You guys have any luck with accurate pricing from either bicyclebluebook.com or priceanomics.com? or is ebay the most accurate?

I've never heard of the other two - but ebay going prices are a very good indicator of what you can get. Or NOT get.

 

[Bustedknuckle]

Hi guys and gals,
I know this might seems a little basic, but Im looking to sell a couple bikes. One road and one mountain. I know how much I paid for them, but with new bikes coming out every year is there a good way to determine their value now?
Thanks!
MS

If in perfect shape, take purchase price, cut in half, start there.

 

[Mikestone241]

If in perfect shape, take purchase price, cut in half, start there.

Thanks, I'll keep you posted on how it goes.

 

[Boeing]

At the risk of sounding trite and sarcastic the real answer is a used bike is only worth what someone will pay for it.
Dress her up on ebay and take a shot at selling it. waiting for alleged or assumed value is a waste of time.

I think of used equipment as just a means to roll into new at whatever I can get.

 

[veganrob]

Ebay. Market determines the price. Get rid of them and get something new