Secondhand bike market at the mo?

I'll give you £2,000

dire.. absolutely dire.... Just look on Pinkbike and see the 'first posted' date of many many of the adverts, they've been up since May, June etc...

Sure things are selling, but at proper bottom bargain basement prices.

@thegeneralist, £2k for the frame, sold!

Thought that was the case, luckily can afford to wait till the spring, wonder if that will be a better time...

Mortgages up a lot,  Heating cost seriously up, fuel costs up, shopping cost up, Christmas round the corner and the news reporting millions of jobs set to be lost - I can't imagine there are many buying toys just now!

I would part the bike out. Its a bit more hassle, but you are more likely to get it shifted. But seeing as you are in no rush, maybe waiting until the better weather/we are out of winter is the sensible choice.

Yeah it's slow... I sold a set of hope brakes and a set of rotors fairly quickly but my frame has had zero bites (XXL 2019 jeffsy with a cane creek coil, if anyone is interested 🤔).

Like everything, I think it depends. I’ve sold some high value stuff in the last couple of months (£6.5k ebike, £2.5k frame, high end parts etc) all relatively easily, but then its not stuff that buyers have a choice of 10/20 for sale.

Mortgages up a lot, Heating cost seriously up, fuel costs up, shopping cost up, Christmas round the corner and the news reporting millions of jobs set to be lost – I can’t imagine there are many buying toys just now!

Very much this. I’ve been looking on pinkbike for a BMX for my youngests birthday, there are lots on there and very few appear to be shifting. I saw one on there which was priced above the (discounted) cost of a new one, it’s been for sale since May and will probably still be on sale next May. I contacted the seller but he seems to think an “upgraded” saddle justifies the price. I’ll probably just spend an extra £100-£150 and get him a new one.

In contrast, I just sold my old road bike (15 year old Storck) and a 2 year old Stumpjumper frame (too large). Sold them both through eBay, low starting price with no reserve. I got more than I expected on the Storck and took a pretty big hit on the Stumpy frame (as expected).

I think it’s going to get harder to shift mid-high end non-essentials.

It's a conundrum, I've not ridden my Izzo as much as I thought I would - mainly because I have to ride to the trails and it's a good 10-15km so I ride my gravel bike.

Ideally I'd get shot of it to fund a new road/touring bike but don't really want to take a massive hit on a bike that's only done 500km.

I think it’s going to get harder to shift mid-high end non-essentials.

Yeah, in my case I suspect somebody is going to get a bargain and I'm going to buy a steel frame instead of titanium.

Ideally I’d get shot of it to fund a new road/touring bike but don’t really want to take a massive hit on a bike that’s only done 500km.

Why not fund a secondhand road/touring bike then? They're much safer used buys.

Pity it's not a GT Fury, you'd have no trouble selling it 🙂

Stuff I want to buy still seems to be very expensive.
Stuff I want to sell seems to be very cheap🤷‍♂️

funny thing is auctions seem to draw people in. I am going to try and eBay a kids trackbike that wont sell on Buy Now

I'm after a FS bike, but prices seem very strong.
Seems very little shifting on price despite being on the market for months.
Some are even more than the sale price of a brand new and in stock bike.. lots of Whytes like this.
I got the asking price for the Stooge & £50 less thank asking on the Bird.

I’m after a FS bike, but prices seem very strong.

You've got a few hours before i head off 🙂

tonyd

I contacted the seller but he seems to think an “upgraded” saddle justifies the price.

I guess things still are in flux after lockdown.

I'm forever amused at people trying to sell their idea of "upgraded"

You’ve got a few hours before i head off 🙂

Wrong size sadly 😉

Seems very little shifting on price despite being on the market for months.
Some are even more than the sale price of a brand new and in stock bike..

Ever the way, There is a lot not moving but folks are asking rrp-10% and silly numbers. Stuff that's priced sensibly (thinking along the 2019 advice of rrp-50%-10%pa is selling.

Your idea of sensible may vary of course.

I’m forever amused at people trying to sell their idea of “upgraded”

theres always the laugh of "dripping with Hope Bling"

brakes? no, base shimano
hubs? no, the unbranded ones that came with the bike

anodised top cap and seat clamp? yes, its a one of a kind upgraded bike

Wrong size sadly 😉

Maybe I can help - I'm a bit taller than weeksy 😉

Most thing that are for sale are way overpriced, price sensibly as said above and things sell.

I've had an s works Stump jumper frame up for sale for a couple of months and had nothing, not even the usual stupid offers so I think it's either quite quiet or people don't want to buy frame only.

I'm tempted to build it back up and try to sell as a complete to see if there's more interest, the thinking being that component prices are putting people off buying just frames.

I've never had Zero enquiries on anything!

I was in a similar situation recently with a 2016 Orange Five with a good spec.
Thought i would list it and give it a month, if no real interest i will wait till spring and try again. Ended up with plenty of interest and it sold within a week.

I’ve had an s works Stump jumper frame up for sale for a couple of months and had nothing

Iirc they changed the geometry of them significantly from one year to another rather than just a bit of an incremental thing?
If so it'll depend very much on the year for that I'd expect.
(is it a decent size..? Asking for a friend 🤣)

i think sometimes the seller can limit themselves to potential sales too.

There was a complete bike and a frame i was interested in, but unfortunately at the other end of the country. Neither seller was willing to ship the item. I am aware there are inherent risks with send large or high value stuff, but with a bit of savvy, its easy enough to do.

Needless to say neither of these people sold their items to me and they are still up for sale.

Neither seller was willing to ship the item.

My default is to get a Shiply quote now for bikes I'm interested in that are further away where a seller won't post. The seller doesn't need to dismantle and they'll collect from their door with a flexible pick-up/drop-off time. The seller doesn't have an excuse then!
I've had a great experience every time. Last bike cost me £54 from Manchester to Reading within 2 days.

Seems to vary between marketplaces too.

I've been looking at motorbikes recently and on Facebook CRF250L's are still asking £3.5k-£4k. Ebay, including some buy it now options are £2k-£3k. There's still a raft of ~3 year old CRF300L's being advertised for their RRP, yes the RRP has gone up in the meantime, but who's paying <£400 under the RRP for an off-road motorbike?

Thought that was the case, luckily can afford to wait till the spring, wonder if that will be a better time…

I doubt the price will change much, the only difference generally seems to be whether stuff sells quickly/at all. And right now I'd not be banking on people having more disposable income next year than they do now. A bird in the hand and all that. Generally seems less hassle to either sell things cheap, or not at all IME.

The FB marketplace and eBay full bike sales I've been seeing are one of two things.

1. Absolute bargain sales as people are desperate for the money.

Or 2. Completely overpriced, will never sell, covered in laughing emoji, I assume 'never used' lockdown purchases. Soon to become #1 as the seller gets more desperate for the cash.

Both FB and eBay seem to have had a dramatic increase in quantity of adverts - although this may just be the algorithms adjusting to my clicks of amazement.

(is it a decent size..? Asking for a friend 🤣

you can tell your "friend" it's a 2020 size medium. Lovely bike.

Barely a sniff for my Rail, only 2 enquiries with one of them being a total chancer. The other seemed promising but went quiet once he realised I wouldn't drive to Kent from the Midlands so he could look at it.

I am aware there are inherent risks with send large or high value stuff, but with a bit of savvy, its easy enough to do.

There are two very big problems that aren't easily fixed though, insuring that bike for what it's worth whilst shipping it is often staggeringly expensive and the size of a bike can make it difficult to find a carrier for.

2nd many buyers are pita and expect pristine condition, decide they don't like the colour because its not quite the same in person as on screen and so on. All that is avoided by in person collection.

The seller doesn’t have an excuse then!

See above, if I'm selling collection only that really is what I mean.

(also 3-4 hours of your time to split it down and pack it "isn't cheap" and needs to be weighed against any extra return on the sale)

you can tell your “friend” it’s a 2020 size medium. Lovely bike.

That's a shame, [s] I'm an [/s] my friend wants an s6 really

I am convinced some people don't actually want to sell when they out an advert up. Poor quality photos, bike not washed, no size, daft price, description along the lines of "trek bike, details available on google" or "trek bike, message me for info about the bike" etc.

Not really had a problem selling bikes and gear. I think a combination of plenty of quality photos, good description but more importantly priced to sell have helped.
Last few bikes we have sold have been through been contacted to see if we have anything.
Bought two bikes this year which were reasonably priced and travelled to collect them.
We have a S Works Stumpy same as the one above. It was 6 weeks old when we bought it and was like new. Fortunate for us we paid alot less than that.
Everyone I know who is looking for a Stumpy frame wants the latest Evo with the adjustable geometry.
Only ever advertise on here and Pinkbike. The rest of stuff usually goes to Peatys Bike Bonanza which has always been a good day for us

There are two very big problems that aren’t easily fixed though, insuring that bike for what it’s worth whilst shipping it is often staggeringly expensive and the size of a bike can make it difficult to find a carrier for.

2nd many buyers are pita and expect pristine condition, decide they don’t like the colour because its not quite the same in person as on screen and so on. All that is avoided by in person collection.

I guess these are inherent risks with sending something, but i see it from my perspective, in that i would ask for enough info and pics to make an informed purchase from miles away, as a genuine buyer. In an ideal world i would see it in the flesh, but its not always practical.

As for the cost of shipping, if its agreed between parties, it reduces the risks massively. Either insurance is paid for or the buyer is offered the risk of not taking it out. I would assume if this is recorded via email/chat/DM's there cant be much comeback (i could be totally off the mark here tho!)?

In regards to the time and effort it takes to box up a bike or frame, that would boil down to how much someone wants to sell it.

Obviously the above is just my opinion and unfortunately we do have to expect utter idiocy from people, so i do understand why people are nervous to send stuff, i just think its a fairly easy problem to overcome.

As for the cost of shipping, if its agreed between parties, it reduces the risks massively. Either insurance is paid for or the buyer is offered the risk of not taking it out. I would assume if this is recorded via email/chat/DM’s there cant be much comeback (i could be totally off the mark here tho!)?

Simple solution is to tell the buyer to arrange the courier. And that any responsibility for it transfers when it's collected. A bit like describing something as being sold "ex works" commercially.

Suppose if I/you was really arsy about it could say it's sold as a bike, if you want it shipping then either find a courier that will take a full bike, or phone my LBS and get them to package it.

I am convinced some people don’t actually want to sell when they out an advert up. Poor quality photos, bike not washed, no size, daft price, description along the lines of “trek bike, details available on google” or “trek bike, message me for info about the bike” etc.

They've probably (following nagging from their wife or bank balance) listed their MTB, motorbike, hifi, record collection, stamp collection, etc; all for wishful prices.

They only need one item to sell to someone short on time or short on the concept of value.

I’ve had an s works Stump jumper frame up for sale for a couple of months and had nothing, not even the usual stupid offers so I think it’s either quite quiet or people don’t want to buy frame only.

You put that on the day after mine, your ears may have been burning 😀. IMO high end frame only is going after a very specific buyer - they know what they are looking for, and the older the frame gets the smaller the pool of potential buyers (unless it’s a classic frame of course). Whenever I’ve bought a frame (or whole bike) over the years I’ve known exactly what I’ve wanted and wouldn’t consider anything else as I’d already done the requisite homework.

Building it up into a complete bike might work, but what parts to use? Top end to match the frame and you risk losing more money, low end and you cheapen the frame. I just whacked mine on eBay and let the market decide what it was worth, that turned out to be about 35% less than I advertised it for here. Painful but realistic.

The number of barely used, highly customised superbikes popping up on FB at the moment is amazing.  Santa Cruz (tends to be Nomads for some reason), Forbidden etc with high value custom specs 'ridden 5 times' and then put up for sale looking immaculate but probably lucky to make back half of what they were bought for.  Not sure why people spend ages building a bike at high cost only to sell it almost immediately - people with more money than sense buying into ebikes?

It's in a proper slump now, eh?

Feels a bit like at the start of lockdown, just before the Covid boom.

Are you lot finding that parts are getting fair money or not? Need to clear some bits out at some point.

This thread makes me feel almost grateful somebody just stole my bikes and saved me trying the shift them on.

Not sure why people spend ages building a bike at high cost only to sell it almost immediately – people with more money than sense buying into ebikes?

Bike to work tax dodge...

The number of barely used, highly customised superbikes popping up on FB at the moment is amazing. Santa Cruz (tends to be Nomads for some reason), Forbidden etc with high value custom specs ‘ridden 5 times’ and then put up for sale looking immaculate but probably lucky to make back half of what they were bought for. Not sure why people spend ages building a bike at high cost only to sell it almost immediately – people with more money than sense buying into ebikes?

any extra large ?

Building it up into a complete bike might work, but what parts to use? Top end to match the frame and you risk losing more money, low end and you cheapen the frame.

I’ve still got everything off it sat in my garage so could easily build it back up into a top end bike but I’ll probably just end up mothballing the frame and rediscovering it in 20 years 😆

I’ve just sold three bikes on ebay - not for massive amounts but realistic prices. A lot seem to want 75-80% of new price for a 12-18 month old bike, which I don’t think they’ll get.

Ebikes for some reason are always priced very high second hand, bearing in mind the potential warranty issues down the line.

However new bikes have jumped up again this year, some Giants have gone up 12% after something similar last year. With inflation raging at the moment and wages just not keeping up - I suspect this new bike price bubble might very well burst.