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Q about resale value's etc....

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  • 23-02-2008 5:31pm
    #1
    Bicyclegadabout
    Closed Accounts Posts: 378 ✭✭


    Right,

    I've been told my uglybeautiful purple bike is beyond economic repair. So I guess I need a new one.


    Now, I might not be in the country in 3 or 4 months, so if I got something like an SCR3, what could I expect to get for it if I sold it in a few months?

    I don't want to get a cheap bike to keep me going which is what everyone is suggesting. I'd like to go off up the mountains on weekends and stuff, so I want something decent.


    Thanks.


Comments

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    #2
    kona
    Registered Users Posts: 7,525 ✭✭✭kona


    realistically you will be taking a big fall on it!!
    you will be better off spending a bit on a great frame, with okay parts as opposed to vice-versa, as it is a platform you can build on.

    the only way you can break even on a 2nd hand bike is if ou buy it for less than the rrp , this usually means USA, Canada etc:(

    sure you should buy 2nd hand if your not sure, buy and sell can be great


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    #3
    blorg
    Registered Users Posts: 15,989 ✭✭✭✭blorg


    Depreciation on bikes is massive, I would suspect in the range of 50% off the RRP after a year. A lot of people selling second hand look for money they will never get.


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    #4
    Bicyclegadabout
    Closed Accounts Posts: 378 ✭✭Bicyclegadabout


    Hmmm,
    The bike I gave as an example is 500blips on wiggle, 730+ in the local bike shop, so I'll have to absorb that at least.
    And I may not be leaving the country quite so soon after all, so maybe this thread is moot now.


    But would we say, 50% depreciation on local bike shop selling prices after 6 months, if it's well maintained? Would that be pushing it?


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    #5
    blorg
    Registered Users Posts: 15,989 ✭✭✭✭blorg


    I would imagine you would get 400-450 at least for a good condition six month old SCR3. Just a feeling. One of the problem selling on is that you have to find someone who wants the bike and is the right size; I know some people can be waiting for some time. Probably easier to sell an entry-level bike though (I sold my own Trek 1000 a few years ago for the same price I bought it for- bought it secondhand myself.)


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    #6
    Bicyclegadabout
    Closed Accounts Posts: 378 ✭✭Bicyclegadabout


    ooh, I see Wheelworx still have some 2007 models at lower prices....

    http://www.wheelworxbikes.com/product_info.php?manufacturers_id=12&products_id=29

    http://www.wheelworxbikes.com/product_info.php?products_id=46

    Should I feel bad if I went there rather than my local bike shop? It's a still a local bike shop like.

    Going 2nd hand is an issue as I can't really wait around. Also I'm 6'4" so there's not a lot out there for me!


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