Viewing 5 posts - 41 through 45 (of 45 total)
  • Bike depreciation
  • stevemuzzy
    Free Member

    I bought my Nomad as an ex demo from a shop. They replaced everything which was over 50% worn (aparently about 800 retail on all the bits). For £3k. It was just under £6k new.

    It had done 14 demo days and bearing in mind a lot of demo days are on not that hard routes, I thought I was getting a good deal.

    Compare that to buying one second hand, that if ridden properly will have had a hard life and with probobly well worn tyres and gearing.

    Any more than 50% retail would be expensive if you ask me.

    Just look at some bargains to be had here

    https://www.tweedvalleybikehire.com/product/ex-demo-yeti-sb5c-enduro/

    doubledunter
    Free Member

    Sold my 2015 carbon Bronson few  months ago, all receipts from Tf  for susupension servicing, replaced all bearings , drivetrain couple of months old and not a bad build,I tend to keep on top of things so pretty well cared for, originally told it would sell for around £2000 ( 50% for what I paid) which I thought was optimistic tbh, I thought around £1700 would be a fair price, still no one would bite, it was the green one so probably halving the interest right away, ended up letting it go for £1450 just to get it out the way, really only worth what someone is willing to pay.

    shooterman
    Full Member

    The second hand market seems pretty skewed at both ends to me.

    I agree with the point above that the availability of finance seems to be supporting the sales of high end bikes. When I was buying my last bike shops appeared almost surprised that you were buying outright rather than on finance.

    At the other end I think there are some unrealistic expectations on second hand values. I was looking at a second hand Santa Cruz on the classifieds here a few months back and the price was only a few hundred pounds off what I could buy a new (old model in sales) one for.

    I guess most people don’t have the ready cash and if they do they find price expectations unrealistic.

    SuperScale20
    Free Member

    Its a hard one I am sure there is no firm rule for me I try and get the best deal I can and certainly would never pay RRP, recent purchase I got cashback £240 and 11% off clearance price from dealer.  I find that the groupset can be expensive and good forks so focused on this with last purchase, will I get a good return when I change one day only god knows – The only thing I can say for sure is I am going to try and get my moneys worth and use bike as much as possible.

    bluerich
    Full Member

    Sold a ‘97 Saracen Havoc for £30 cost me £699, both robbed me thinks. ’01 Stumpjumper enduro for £100 and a ‘16 Fuel Ex 8 for £900.

Viewing 5 posts - 41 through 45 (of 45 total)

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