Selling my bike help

[Suddabym]

I’m selling my specialized tarmac full carbon road bike but I don’t know how much I should sell for as I’ve never sold a bike before. I have attached some photos if it helps. Can someone please advise me on how much I should sell for as you can tell I’m no expert and have no clue.

 

[Spiderweb]

Looks like quite an old 2007 S Works frame with a real mixture of parts bolted to it. Bianchi branded cranks, A mismatched Campagnolo group set, looks like it needs some rubber hoods. Nice looking bike but not really a sellers market right now, second hand prices have dropped and the wrong time of year.
I’d suggest a value of £400-£500. Try it at £500 and be prepared for lower offers.

 

[wiggydiggy]

Can I tag on a question to this please?

I've sold 1 bike before for £300 cash on collection - no problem. I've been asked to help sell another which will likely be 3 times that value.

What are peoples suggestion for payment? Is Ebay and Paypal ok for this sort of thing, not doing a bank transfer or anything like that.

@the OP I'm sorry I'm not a Roadie rider so not sure on price, when I sold my last one I put it on a buy it now (Ebay) but accepted offers and eventually (after a couple emails) sold it for slightly lower. Maybe try a buy it now price with offers accepted?

 

[Suddabym]

Looks like quite an old 2007 S Works frame with a real mixture of parts bolted to it. Bianchi branded cranks, A mismatched Campagnolo group set, looks like it needs some rubber hoods. Nice looking bike but not really a sellers market right now, second hand prices have dropped and the wrong time of year.
I’d suggest a value of £400-£500. Try it at £500 and be prepared for lower offers.

That sounds great as I didn’t pay much for it 😄 thank you

 

[vickster]

£400-500 sounds very ambitious given the age and it's a Frankenbike...but you never know. Getting back what you paid would probably be a good place to start

 

[vickster]

Can I tag on a question to this please?

I've sold 1 bike before for £300 cash on collection - no problem. I've been asked to help sell another which will likely be 3 times that value.

What are peoples suggestion for payment? Is Ebay and Paypal ok for this sort of thing, not doing a bank transfer or anything like that.

@the OP I'm sorry I'm not a Roadie rider so not sure on price, when I sold my last one I put it on a buy it now (Ebay) but accepted offers and eventually (after a couple emails) sold it for slightly lower. Maybe try a buy it now price with offers accepted?

Cash on collection, I wouldn't take Paypal as the buyer can claim they never received the bike and get Paypal to refund to your detriment even though you have paid their fees (although I've never had an issue and friends & family could be an option). Otherwise, not sure why you are averse to a bank transfer done at the time of purchase?

 

[wiggydiggy]

Cash on collection, I wouldn't take Paypal as the buyer can claim they never received the bike and get Paypal to refund to your detriment even though you have paid their fees (although I've never had an issue and friends & family could be an option). Otherwise, not sure why you are averse to a bank transfer done at the time of purchase?

Yeah that's my preference but as it will be (hopefully) £1k + thats a large amount for cash. I also thought Ebay/Paypal might have that drawback of the buyer getting a refund in false circumstance.

Bank Transfer is an option to me, but as I am going to be selling the bike on behalf of an elderly relative (who is already suspicious of 'online' banking) I was hoping to avoid it.

It may end being simpler for me to take the bike, which was their first offer but I said I didn't need another bike right now (it's an electric one and would be perfect for communting, but I don't commute anymore).

 

[vickster]

Yeah that's my preference but as it will be (hopefully) £1k + thats a large amount for cash. I also thought Ebay/Paypal might have that drawback of the buyer getting a refund in false circumstance.

Bank Transfer is an option to me, but as I am going to be selling the bike on behalf of an elderly relative (who is already suspicious of 'online' banking) I was hoping to avoid it.

It may end being simpler for me to take the bike, which was their first offer but I said I didn't need another bike right now (it's an electric one and would be perfect for communting, but I don't commute anymore).

Get a buyer to pay you and then you transfer across into their account. 1k cash really isn't that much although you would need to pay into a bank

 

[wiggydiggy]

Get a buyer to pay you and then you transfer across into their account. 1k cash really isn't that much although you would need to pay into a bank

I'm probably going to do that, I've got no issues with online banking.

 

[Suddabym]

£400-500 sounds very ambitious given the age and it's a Frankenbike...but you never know. Getting back what you paid would probably be a good place to start

The woman who sold it to me just wanted rid of it it was her ex husbands and she was selling his stuff off haha I paid £230 which I thought it was maybe a good price ?

 

[AndyRM]

The woman who sold it to me just wanted rid of it it was her ex husbands and she was selling his stuff off haha I paid £230 which I thought it was maybe a good price ?

Bargain!

 

[Jameshow]

The woman who sold it to me just wanted rid of it it was her ex husbands and she was selling his stuff off haha I paid £230 which I thought it was maybe a good price ?

What else she got?!!

 

[Suddabym]

What else she got?!!

🤣🤣

 

[biggs682]

The woman who sold it to me just wanted rid of it it was her ex husbands and she was selling his stuff off haha I paid £230 which I thought it was maybe a good price ?

So it wasn't hers to sell then

 

[Big John]

So it wasn't hers to sell then

A mere technicality, surely?