All excellent perspectives. Whenever it comes to things like this, when I have no clue whatsoever what somebody out there is willing to pay for my thing, I always start the bidding at the absolute lowest price I'd be willing to see it go for. Most of the time, I start ebay auctions at $1 for that reason. It's usually stuff I don't need anymore, and if a good friend asked me to give it to him, I would. So, start it at $1 and let the free market tell you what it's worth. Just like the entertainment value of 'shopping competitively' and winning, it's entertaining for me to watch the free market tell me what stuff is worth. This seller and lots of others I think have a 'buy it now' or equivalent mindset to try to get away with a price that is pushing the limits. I get that mindset. It's kind of like the opposite of buyers remorse: "what if I could have sold that thing for a little bit more?". Setting a really high buy it now kind of price is no longer an auction of course.
One thing I really used to enjoy is buying used bikes that were fairly priced, update the build and resell them, usually to friends. It's pretty much impossible to do that on ebay anymore. A 20 year old $200 10-speed is $180 Buy-it-now these days, plus $120 shipping. Forget that. On Mar 10, 9:51 am, LF <[email protected]> wrote: > <SNIP> > > > What do you think the resale value of a used $3000 custom riv frameset > > is? > > I own a Riv Custom bicycle (Joe & Joe), purchased without wheels > from an iBob. It is priceless, and not for sale. I enjoy riding a > work of art. When I'm done with it, I hope it becomes a family > heirloom. > > The original owner, IMO, suffered from "princess and the pea" > syndrome; he sold a bunch of Rivs that he couldn't get comfortable on, > and then flamed the basic design of Riv bikes. He simply set it up > wrong for him. Get a good bike, in the right fit ballpark, and you > can make it as comfortable as is possible -- with seat, stem, and > handlebar adjustments. > > Same with my Sheldon-assist Raleigh-Twenty build. It's priceless. > > The used market is quite variable. Best advice: try to buy low and > sell high. The resale value varies according to what the whims of > the market at the moment. > > An early (1996-7) 50 cm Waterford built Custom Riv complete bike with > 26" wheels sold this past Feb. on e-bay for $1000. IF a 58-61 cm > complete bike with 700c wheels, is offered for sale in May .... who > knows what the value will be? Many e-bay sellers have been very > surprised with the sale price of their items. > > Best, > Larry -- You received this message because you are subscribed to the Google Groups "RBW Owners Bunch" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/rbw-owners-bunch?hl=en.
