Bike depreciation

[gaijintendo]

Hello All,

This is partly a request for some help, and will likely become an advert in the classifieds section.

Cannondale Synapse Disc Alloy 105 2016

A co-worker's mother is selling the bike above after he passed unexpectedly earlier this year. He bought this bike and has done something in the order of 50 miles on the thing (here is the picture of the stock bike).

I will endeavor to get some photos of the actual bike, but what might she expect? If it was £900 new... is there a rule of thumb for what it would go for with 50 miles on the clock?

If anyone is at all interested, it is 56cm and near Glasgow.

 

[Drago]

If its in first class condition a typical selling price is liable to be half the RRP. The problem is that many large retailers sell off the previous years, but otherwise brand new, unsold bikes for anything down to half price, and occasionally less, which makes used bikes undersiable in comparison.

 

[Pro Tour Punditry]

I agree with Drago (this is becoming far too regular happening!) that c. half the RRP would be the best they could hope for. If it was a 58cm or bigger I would have said about 25% of RRP

 

[GrumpyGregry]

sadly the folk above have it about right.

I am kicking myself for buying some NOS components when I have just seen an as new bike with them on BIN on fleabay for half what I paid for a couple of bits.

 

[vickster]

Paula have for example at £680, fully warranted etc

£450-500 sounds about right

https://www.paulscycles.co.uk/m7b65s6p6600/CANNONDALE-SYNAPSE-ALLOY-TIAGRA-DISC-2016

 

[gaijintendo]

Paula have for example at £680, fully warranted etc

£450-500 sounds about right

https://www.paulscycles.co.uk/m7b65s6p6600/CANNONDALE-SYNAPSE-ALLOY-TIAGRA-DISC-2016

That's a nice deal, though that's Tiagra rather than 105. I will nip over and see what condition it is in, but if it could realise 400, that would probably be appreciated.

 

[vickster]

That's a nice deal, though that's Tiagra rather than 105. I will nip over and see what condition it is in, but if it could realise 400, that would probably be appreciated.

Are you sure the other bike is 105. Different groupsets typically come with different colour ways? Or was it upgraded?

2016 105 was blue https://www.paulscycles.co.uk/m7b0s6p6601/CANNONDALE-SYNAPSE-ALLOY-105-DISC-2016

I looked at the pic you posted. Couldn't see an ad

 

[gaijintendo]

That was the picture my point of contact provided, and they are not especially eloquent with groupsets. I will hopefully at eyes on it tomorrow. It may turn out to be a Tiagra bike...