Hi all - help please?

gingergav

New Member
Location
Lancashire
Hi bikists - new to this forum, so Hi from sunny Lancashire! :smile:

Have just bought new Bianchi road bike, so looking at selling my old road bike - a 2009 Ridgeback Velocity (with computer, bottle cages, spd pedals, bar ends, mudguards and rack). It's only done 300 miles, looks like new. A friend has expressed an interest in buying it - problem is, don't know how much to ask for it! It was £460 new with all bits, so thinking of £300. Is this too much? Don't want to put him off, also don't want to sell myself short. Would appreciate your thoughts, folks!
 

RecordAceFromNew

Swinging Member
Location
West London
Hi welcome to the forum!

Generally a good make (which Ridgeback is) and a popular model (which the Velocity also is) can attract higher price on the open market (e.g. ebay, which I assume we can use as benchmark).

Obviously there is a lot of variation. But for a well used sample, a typical bike would typically attract 1/3rd of its new price, but if yours is practically new as well as the above, ~50%+ may well be achievable. However, I don't think add-on's are valued that much in a secondhand sale.

Since the lowest new price (without the add-on's) is about £350 today, £300 seems high to me, IMHO probably by approximately £70.

A recent example sold for £130 is here. This is still under auction from £195 but no bid so far.
 
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