Bike depreciation at the high end

fago

Currently looking at picking up a high spec 2nd hand racer. I'm looking for experience on what people consider fair value at this end of the market.

For example a high end 2011 spec bike which would have retailed at 5-6K.

Assuming its in pretty good nick etc what is it worth now.

The smart answer I know is whatever someone is willing to pay, but is that typically 40-50% of the original price or lower? Or do people consider the risk too high to buy 2nd hand at these prices

ford2600

fago wrote: »

Currently looking at picking up a high spec 2nd hand racer. I'm looking for experience on what people consider fair value at this end of the market.

For example a high end 2011 spec bike which would have retailed at 5-6K.

Assuming its in pretty good nick etc what is it worth now.

The smart answer I know is whatever someone is willing to pay, but is that typically 40-50% of the original price or lower? Or do people consider the risk too high to buy 2nd hand at these prices

Can't give you a number but it would be all about the previous owner for me, how does he look after his bikes.

Dura ace/ record etc in wrong hands even at modest mileage could get costly quick with replacement chainrings, cassette rims etc.

Friend has a near new 8k bike with durace. Wouldnt be a good buy in two years. As they say in farming "he'd bend a crowbar in a bog"!

fat bloke

I certainly wouldn't consider it a "high risk" purchase. I'm continually astonished at the punishment that high end groupsets can take, Shimano certainly, and still come up gleaming and seamlessly shifting.

Buy right from someone who ideally has done their beater miles on a beater bike, and has treated their nice race bike like their first-born fair-haired child.

The other thing I would say is that in my experience and in my opinion above a certain amount NObody pays list price for bikes. You see bikes for sale with 7995 euro price tags. -Ain't nobody actually pays that. Except for the very odd very rich person. On bikes like that buyers have come up through the cycling ranks, have bought bikes for hundreds of euro, and then maybe a couple of thousand euro, have had their bikes serviced, have bought flash wheels, expensive accessories etc etc. They're clued into what kind of bike they want but they're not gullible consumers wandering into a shop and ("I'll 'ave that one) pointing at a shiny top end racer and shelling out the 7995. People buy frames maybe and swop gear over or get deals on gear, or get lucky with end of year specials in their sizes etc etc.

Certainly that's what I've always done.

Lumen

Depends a lot on the bike. If anything on it was cutting edge at the time it will have been superceded by a better realised version of that thing at a lower price point.

Example: 2011 high end aero bikes with 10sp dura ace or first generation Di2 will probably "perform" worse than a newer aero bike with 11sp Ultegra/Ui2.

Whereas something like a Cervelo R3 with 11sp mechanical campag has enduring appeal (to me anyway).

fago

I've always bought 2nd hand frames + groupsets and built up myself to this point, it might take some looking but the value is always excellent.

I've factored the RRP discount into the price already based on the price on other sites, just wondering what fair value on 3 year old bike in v good nick

Is something like this still cutting edge or superceded in your view. make a big deal about the paint etc. http://www.freeborn.co.uk/ridley-noah-1101a-dura-ace-xs-2013

Lumen

Ha! I just knew it would be Ridley Noah. :pac:

I'm the wrong person to ask about that bike. I thought it looked ugly and dated when it was new.

If I was going to spunk money on a high end used bike I'd be looking at a Colnago C50.

unichall

I have sold on two good bikes and I got less than 50% for one and just over 50% on the other. The first was a specialised taramc sl2 s-works with lots of extras, new it was close to 4k and I sold it for 1750 if I remember right, second was a specialised venge sworks that was around 4.5k new and I sold it for 2600.

The problem I found with selling them was not many people are in the market for 2nd hand bikes in that price range. I had advertised the sl2 a couple of times before I got a buyer, the venge was more straight forward but that's typically what I found I could get for them

gman2k

I've tried to get some LBS interested in trading my Scott Addict SL, Record 10s & Zipp 303. I was told that simply had no market for such machinery and wouldn't even give me a low ball price!
So she is still wrapped up in cotton wool in the bedroom :-(

fago

I don't suppose that bike fits someone around the 5 6 mark.....

gman2k

fago wrote: »

I don't suppose that bike fits someone around the 5 6 mark.....

54cm frame.

fago

Ah well just that bit too big according to scott site

Fian

gman2k wrote: »

I've tried to get some LBS interested in trading my Scott Addict SL, Record 10s & Zipp 303. I was told that simply had no market for such machinery and wouldn't even give me a low ball price!
So she is still wrapped up in cotton wool in the bedroom :-(

whyt not post it in the adverts forum? I would potentially be interested.