Forum menu
100% a buyers' market right now...
But there does seem to be a disproportionate amount of "my wife has told me it has to go" kind of aspirational pricing going on right now too...
2nd hand eBike market doing a bit better than regular MTB's, but that's taken a bit of a dive recently too as oversupply of some new bikes and the discounting going on is hurting the 2nd hand market again.
As an aside, what would people consider a "reasonable" price for a 2022 Stumpjumper Evo Expert, ride wrapped from new, but reasonably well used with some cosmetic scratches to frame, rims and shock and signs of wear on the cranks etc?
@chakaping linked an eBay search above.
Model Name + Model Year, change the filter to show only sold items then compare the spec and condition of yours to the results.
No an exact science but should give you an idea.
I've looked at that. I'm not sure how much useful information it gives, which is why I was asking what people on here thought.
Gives you a rough idea of what similar bikes are selling for.
For example, if one sold for £1600 but was in worse condition or had lesser spec than yours, then you could probably ask for more than £1600 or more. Whereas if there were others that sold for £1800 in better condition or had better spec then that might tell you it's unlikely you'd get £1800 for yours. I just made these numbers up by the way, but that's I how I use the sold items filter to gauge a price for anything I'm selling (bikes, phones, tech, whatever). I usually work out the average price and then undercut it to make whatever I'm selling more desirable. Lots of well lit detailed photos help too, which a lot of people don't provide.
My next bike will be in few years time when the weights of the two are much closer and will be a new e-bike to probably replace both.
I get that, but I've gone the other way. At some point I'm going to "need" an ebike. But until then I'm going to buy non eebs that I really want to ride. Due to discounts/close outs my top spec Hugene and similarly spec'd ex demo 5010 jointly ended up costing about the same or less than the RRP on either. Or probably an ebike, but I don't look at those prices in case I get tempted 😉
Oh my gravel bike sold very quickly even being a 27.5 version.
No-one obviously wants to be the one that burst your bubble, so I will. EBay actual selling price of experts or pro’s look to be 1100-1300, so there’s your max. But, there are quite a few months between some of the sales and we are coming into winter. In my eyes, selling as a whole you are looking at £1000 for a quick-ish sale.
I say this from a position of selling a ‘22 Transition Sentinel with brand new forks from the e-bike that replaced it. I accepted this and got what I could at the time. Holding on hoping for a sudden bounce is a fools errand.
No-one obviously wants to be the one that burst your bubble, so I will.
Not sure I have a bubble to burst, or have said that?
My main reason to sell would be to clear space in the garage. I buy bikes to keep and use, and don't worry at all about second hand value.
If bikes were going quickly and easily then I'd sell it quickly. As it is, they're not, so there's not much point in me selling it quickly. If it's lost ~£5k of it's value, then it's not far off rock bottom IMV, and so delaying selling it isn't going to cost me too much more than selling it now.
£1k is roughly what I think it would be worth on a good day too. To be honest, the last time I sold a bike I put it on ebay with no reserve and was pleasantly surprised by what it went for, and that's probably what i'd do this time.
Sorry to be blunt, but those of you with used bikes who are trying to sell for between 700-1000, if you need to sell, you need to drop to 500-600.
^^This^^
But it also extends to frames/forks/parts, I've been keeping an eye out for another frame lately, not keen to jump on any old crap just because it's available, and I'm not suffering from any real need to buy a frame/bike immediately.
I'd say eBay certainly has an issue with people "over-valuing" bikes and parts, putting enthusiastic 'Buy it Now' prices on (possibly due to the updated fees structure?) but I reckon about 70% of the items I add to my watchlist have a seller offer posted within a few days, and a fair few seem receptive to speculative offers. The suggested pricing numbers are generally on the high side (IMO/IME).
It's not just a buyers market, but one especially suited to hagglers at present. So If you put up a bike for £1k, pretty much everyone looking at it has assumed you will part for it for at least 10% less (£900) and would probably consider an offer well below that (~30%).
If you're a bit of a "I know what I've got" guy, you're not going to shift things. If you're willing to negotiate and just quietly reject derisory offers without getting arsey you'll get it sold.
I recently had our Session frame up for sale at £1750 and was offered £1300 a couple of times
it ended up selling for £1500 and I kept shock, just had to be patient and wait
Not sure I have a bubble to burst, or have said that?
This wasn’t really aimed at you, more to nobody actually wanting to put a figure on it. Sorry if you took it that way.
If reasonably priced and well advertised, things are selling ok. The bike I was selling went within a week and the recent lot of parts I sold all went within a couple of days. Being willing and able to post quickly is a huge plus.
You sound realistic about your expectations. Clean it up, take good photo’s and write an honest listing. Stick it on for £1200 and let the listing run.
Definitely favouring the buyer at the moment. Great deals on new bikes is depressing the secondhand values. Whether the market's any better or worse than this time last year I'm not sure.
At this time 12 months ago I had no plans to change any bikes. But the classifieds and a buyers' market are a dangerous combination for me. Promptly bought a secondhand G1 (upgrading from an older Geometron) and I was done. THEN I spotted a too-good-to-be-true deal on a secondhand Tallboy so that was change no.2. Definitely done now... THEN I somehow bought a near 50% off new e-bike in Dec 🤣
All the additions were on a OIOO basis (one in one out) so I then had to sell one frame and two complete bikes. Frame went quickly as did a 29er steel hardtail for a price I was very happy with. My other rather niche FSer took a bit longer but still sold for what I hoped for. As said above, just have to be patient and stick to your guns / a realistic price.
Being willing and able to post quickly is a huge plus.
...Clean it up, take good photo’s and write an honest listing.
These are such basic things but some folk still don't seem to manage it. I probably go too far the other way and only advertise after I've sourced a bike box and have the bike ready to be packaged. Plus I tend to overdo the photos and description but rather that than too little!
To be honest, the last time I sold a bike I put it on ebay with no reserve and was pleasantly surprised by what it went for, and that's probably what i'd do this time.
This is my method of selling stuff on eBay too with the start price at £1, and I've never been really burned by it. My theory is that you get lots of watchers who are interested in a bargain who then get caught up in a game of 10 pounds more will win it! towards the end. If the start price or buy it now is high, potential buyer just scroll past. Reserves are definitely a turn off, even if you win an auction you may not get the goods.
I favour "Buy it now" and allowing offers, gradually dropping the price if no bites.
But I've never been a gambling man 😀
I sold my 2019 Santa Cruz Hightower LT really quickly a few weeks back. Put it on FB marketplace and sold it within a day to the first person that got in touch. Got £1200 for it, which wasn't bad for a 6 year old well ridden bike that I paid £4000 for in 2019