do race bikes hold value? 2nd hand discounting

businessdit

Can anyone give an indication of how discounted a nearly new bicycle should be (in good condition) where it is second hand. So for instance if a race bicke was usually €1000 how much of a discount would the new buyer typically expect?

Thanks in advance! G

Chips Lovell

Ultimately it's worth whatever someone's willing to pay for it.

As a rule of thumb, second-hand, good condition and you'd expect probably 50 per cent of retail price. Lots of caveats though. If it's very new, i.e. only ridden a handful of times, you may get a little more. Particularly large or small frames may be harder to shift.

Tonyandthewhale

Depends on what bike it is and how good was the value when it was originally on sale. The size will also affect the re-sale value as very small or very large frame-sizes are less in demand. Nearly new and good condition are also subjective terms.
You also have to take into account where the bike is, I'd say it's easier to sell a high-end racing bike in Dublin than it is in Leitrim or Mayo and that may influence the asking price and will more likely affect the price it eventually goes for. So it's complicated.

As a rule of thumb I'd say a 1000e bike that's roughly a year old and in decent condition may lose up to a third of its value but depreciation slows dramatically after that and it'll be years and years before the bike is worth less than a third of its original retail price.

Lumen

Vladimir Kurtains wrote: »

Ultimately it's worth whatever someone's willing to pay for it.

The market value is the price the buyer and seller can agree on.

As evidenced by a recent thread on this topic, some people just can't face realising a loss and would prefer leaving the bike to rot in their shed.