Second hand bike prices are very unpredictable, even when i see bikes selling on
Ebay for say £500 (thinking about one i sold last week) then i advertise one and am lucky to get a third of it (£140 in my case)?...…….l. There are many cyclists who can make money selling bikes but to me it seems like wheel building, a skill i just dont have and may seem easy to some but to me its just trying to solve a rubix cube with dark glasses on.
Ebay listing prices and what sales complete at, are often two different things. Any joker can keep listing something at an outrageous price, in the hope that some mug will bite - but the only ones that count are the ones that actually sell. Even then, the sale may fall through, because sometimes items that have sold will reappear again shortly afterwards.
I bought a Raleigh that I am sure had been "sold" at least twice previously. The first time I watched, it went for £33. Then the exact same bike got listed again about a month later, selling for £24. A week later it reappeared
yet again (same seller ID
) and I won it at the start price. Turned out to be a good bike, which made the previous failed sales odd. If it had been a misdescribed heap of junk, I could understand a buyer walking away but that wasn't the case. I can only assume there are a lot of tyre kickers who have no intention of buying, or they don't read the description relating to frame size etc. or maybe they bid on two or three very similar items simultaneously then just pick their favourite if they win more than one auction!
i think there are far more cyclists who
lose a lot of money selling bikes, than there are ones who make a profit. Bikes are often bought on a whim without much thought, and prove to be uncomfortable, impractical etc - then get put aside before later being sold at a large loss. Cycling is one of those things which can be very cheap to do, but a lot of people clearly manage to lose a lot of money on their bikes for every mile they have ridden it!