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Conference noted::bicycle

Title: Bicycling
Notice:Bicycling for Fun
Moderator:JAMIN::WASSER
Created:Mon Apr 14 1986
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:3214
Total number of notes:31946

2372.0. "How Much Should I Ask for my Giant??" by BTOVT::BESSETT_K (Have Guitar & Computer...will Travel) Tue Aug 04 1992 19:32

    I have a 1991 Giant 980C Cadex road bike (carbon fiber frame, alum
    lugs, Shimino 105 components and pedals and an Itelia Flite Lite seat.)

    The Giant is a nice bike, but a Trek by the name of 5200 is reeling me 
    in...I'm trying to put up a fight, but loosing   :*) 

    Since I will not need two bikes (if I do buy the Trek), the Giant will be
    up for sale.  Unfortunately, I have no idea what a fair price would be. 

    I paid $700 for it a year ago.  The bike has about 2,200 miles on it and 
    is in excellent shape.

    Can anyone recommend a price I should ask?  I called a local Giant
    dealer and she wasn't too helpful.  So, I though that I would try here.

    Because I know nothing about the depreciation of bikes, I was afraid
    that may price it too high, or too low.......

    Thanks,
    Kevin.
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2372.1Random suggestions from CanadaPOLAR::TANSLEYWed Aug 05 1992 20:5926
    
    I have no idea what a fair price might be, since I live in Canada, and
    the price of just about everything in the U.S. just floors me! I wish
    things were as cheap here! However, I do have a couple of suggestions:
    
    	- check the papers to see if there is an approximate average % off
          for used equipment (I know for Camera equipment, here, you're 
          generally looking at a resale of around 65% of selling price, for
          an item in *excellent* condition);
    
        - if there is a local bike club, perhaps they can offer some
          guidance;
    
        - failing that, advertise it as Best Reasonable Offer, and see what
          you get -- just because you've advertised doesn't compel you to
          actually sell the bike if you don't get a reasonable offer;
    
    Good luck!
    
    Doug T.
    
    P.S. Afterthought: the school year is just about here. I know that a
         *LOT* of University students seem to have pretty nice bikes! How
         about putting up an ad on Campus Bulletin Boards, or in the local
         University/College newspaper?
    
2372.2BTOVT::BESSETT_KHave Guitar & Computer...will TravelThu Aug 06 1992 12:266
    Thanks for the response.
    
    You listed a couple avenues which I haven't thought of, especially the
    school bit.
    
    Kevin.