More Questions To Help Me Sell My Bike

[makbike]

I took my bike to a local shop that once sold recumbents to take advantage of the help they offered me last week. The owner of the shop offered to help me correctly identify the various components on my bike and determine how they compared to those that come on a factor made model (my bike was custom built).

My Bacchetta Giro 20 has a few of the same components that come on a factory made model but also has several upgrades (Chris King Headset, custom built wheels on Velocity rims, ect.) In fact most of what is on my bike would be considered an upgrade according to the shop's owner. He advised me to depreciate the value of the bike somewhere between 30 to 40%, does this seem extreme? I got the bike last year and it has about 1300 miles on it - broken in but nothing extreme. Should I depreciate this bike this much? A new Giro 20 retails for $1550 in this area and based on his calculations he has advised me to list this bike for $1000 - 1100. In your opinions is this too low?

Second, I'm not sure if I have a 2006 or 2007 frame. The short version of this story is I allowed exBF to purchase the frame in repayment for some money he owed me but I never was able to get a receipt out of him. How do I determine what year frame I have? The frame arrived in late June of 2006 if that is of any help. Is it possible to contact the company with the serial number and have them look back in their records for this information?

Thanks again for all your help in my past posts for working on selling this bike. I look forward to your help with these questions as well.

Thanks!

[SadieKate]

For the frame year, get the serial number which is usually on the bottom bracket and call the company.

[TsPoet]

Thanks again for all your help in my past posts for working on selling this bike. I look forward to your help with these questions as well.

Thanks!

You can definately contact Bacchetta, the Bacchetta boys are great to work with. Also, you could re-post this exactly as-is on the Bacchetta forum. If you don't want to register, I could do that on your behalf, but then answers would have to come through me and might be confusing.

http://www.bacchettabikes.com/forum2/

The last Giro 20 I saw sold on BROL was $900, I think. The upgraded components probably aren't going to get you much. So, I think your LBS is probably close to right. I'd charge the buyer shipping, if you ship to someone, though.
Also, if selling is your plan and you don't have a buyer lined up, you can list it on BROL. BROL buyers are savvy, so they'd probably want lots of details on the upgrades and photos.
http://www.bentrideronline.com/messageboard/forumdisplay.php?f=2

edit - I think you could actually ask maybe ~$1300, wheels are always great upgrades that people are looking for. But, that's just a guess on my part.

[Tuckervill]

I was thinking about the 30-40% depreciation while I was making lunch.

I think if I were looking at that bike priced just 10 or 20% below retail for a new similar bike, the 10-20% would be worth it to me to get brand new. Upgrades aside, of course. But for 30-40% off, I'd buy the older one. This happened when I was looking at Elements. There were very few used ones, but the ones that were around were just 1-2K less than brand new. I bought brand new, of course.

If one of those used ones had had upgrades that I knew I wanted and planned on doing to the new one anyway, I might have bought used, despite the miles. If they had had upgrades that I had no appreciation for (upgraded wheels might not mean much to some people), then I'd probably go with the new.

The other thing to consider is the goal. Are you trying to make a killing, or trying to get a fair price for something you don't want to own anymore?

Karen

[TsPoet]

Someone just posted a large Giro 20 with Aerospokes wheels for only $950.

http://www.bentrideronline.com/messageboard/showthread.php?t=33266

[KnottedYet]

Ooooh....

<Knot searches the couch cushions for change>

(I can't buy another bike, but I can dream can't I?):rolleyes:

[makbike]

It has been suggested by others that given the upgrades and low mileage that I set my price at $1200. The bike also has a rack, kickstand and water bottle cages as well as the extra tires and tubes I have here. I'll be asking $1250 and hopefully it will sell.

Thanks again for all the help.

[Tuckervill]

Good luck! :)

Karen