My friend has just got a crack in his £5k Factor O2 VAM. Insurer is paying for repair only to the frame. He reckons he’ll only get about £1500 for it, when he sells it on.
More likely as it's a not very well known brand than the fact it's been repaired. I ride a couple of KTM's a road bike and a 29er FS, I've also sold a few in the past that I've owned - not cracked or repaired - and their 2nd hand market value is shite as it's not a mainstream brand.
But if he doesn’t sell it on he has had no loss and his bike still works perfectly because it has had a professional and guarenteed repair
I assume also that the repaired frame will be resprayed too so the repair will be barely noticeable
More likely as it’s a not very well known brand than the fact it’s been repaired. I ride a couple of KTM’s a road bike and a 29er FS, I’ve also sold a few in the past that I’ve owned
Factor are a well known premium road bike brand who sponsor a world tour team.
Factor are a well known premium road bike brand who sponsor a world tour team.
Even at that though, I'd wager the 2nd hand value is significantly lower than that of a trek, giant or specialized because there is that much less brand awareness.
For example I'm not an avid roadie but nor am I completely unaware of the world of bikes and for my part I'd say factor are a small niche brand. I'd think of them as like a roadie version of nicolai. Certainly the chance of non roadie me going looking for 2nd hand a factor as a new bike are very low. The chances non roadie me would be looking to spend enough to make "only 1500" a relevant statement [so I'm guessing 3-4k without the repair?] on a 2nd hand one as opposed to just walking into a shop and stumping up for a new one (you're well into high disposable income at that price bracket and that means fewer folk worried about looking for a bargain) are close to zero.
I think when selling a 5 k bike your market is probably not ‘non roadies’ tbf. Either way, the broken frame will hurt market value far more than the name will. The tcr is a well known make, and I reckon I could sell it for about half what they are going for on eBay when it’s fixed
Anyways, lesson learned about the fact they will up my premium now even if I don’t claim. Was not aware of that I must say.
The tcr is a well known make, and I reckon I could sell it for about half what they are going for on eBay when it’s fixed
Yep, certainly the tcr isn't from a niche "who" brand.
So far as half the ebay price I've seen enough on ebay to know that could still be more than rrp. Especially if you get the repair done in a weird colour and sell it as a unique custom frame. Preferably with triple crown forks.
Especially if you get the repair done in a weird colour and sell it as a unique custom frame. Preferably with triple crown forks.
😂
Yep, if you can get a reputable bike shop to write it off in writing, it will go a long way to pressing them for a full payout. Happened to me with no further questions asked, yer 'onour...
Speaking as a fully committed fashion victim Roadie I would say a Factor is considerably more desirable than any major commercial brand and a used frame would attract a premium price as a result. And I ride a Cannondale.
No way I would be accepting a repair to a carbon frame as an insurance solution. Particularly not to a high end road frame.
I would never ever knowingly buy a frame that had been cracked and repaired. Not even if it was cheap.
