I am building a new bike next month, and selling my old one to a friend. We've already agreed on a price ($300), but I've started to wonder whether it's fair or not. I chose it because I knew that it was the price range she was looking for, but I worry that I may have gone too high. I've looked around online for comparable bikes and pricing, but haven't really found anything that matches closely enough to put me at ease. So I thought I'd ask the TE experts.
The bike's a 2005 Trek Pilot 2.1, and it will have around 5,000 miles on it at sale time. I bought it in July of 2005, for $1100. It's got some cosmetic scratches, but is in good working order overall. It's never been crashed, just tipped over during the clipless learning curve. All the upgrades I've done will be moving to the new bike, so everything will be stock on the Pilot except the saddle, which is a barely-used Terry Butterfly Ti (didn't work well for me). The drive train is Shimano 105 triple, with a SRAM 12-27 9-speed cassette. The chain has been replaced once, about 1,000 miles ago. The tires have also been replaced with puncture-resistant ones. The bike's been well-maintained, but also well-used.
So...do you think $300 is fair? If I don't sell it to her, it's likely to just sit in the garage (my first road bike...I'd have a hard time selling it to a stranger!), so I want to make sure that it's a good deal for both of us.




. All the upgrades I've done will be moving to the new bike, so everything will be stock on the Pilot except the saddle, which is a barely-used Terry Butterfly Ti (didn't work well for me). The drive train is Shimano 105 triple, with a SRAM 12-27 9-speed cassette. The chain has been replaced once, about 1,000 miles ago. The tires have also been replaced with puncture-resistant ones. The bike's been well-maintained, but also well-used.
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