Determining Frame Value

[DavidWiese]

How would you determine the value of a frame that has to be sold, but doesn't have a history on eBay? It's a never-been-built 30th Anniversary Serotta.

[charliedid]

Sell it for what you can get for it. That's the value.

[jr59]

Originally Posted by charliedid

Sell it for what you can get for it. That's the value.

Really it comes down to this. ANY frame, or anything is only worth what someone will pay for it!

There is no magic to it. No formula for deciding things like this. I see people all the time tell me that whatever sold on epray for xxx. Maybe it did, maybe it didn't, just because epray says it sold, doesn't mean somebody paid that.

Good luck with the sale. Also, IMO Any limited editions Serottas, are not going to bring any money for being a limited edition. Maybe the older ones, but surely not ones like this.

[christian]

40% of retail. Best case. Nice looking bike, but that's reality.

[Joachim]

Originally Posted by christian

40% of retail. Best case. Nice looking bike, but that's reality.

Christian pretty much nails it.

[TimD]

<eom>

[Ahneida Ride]

Originally Posted by christian

40% of retail. Best case. Nice looking bike, but that's reality.

The used bike market is so pity-full right now.
I'd just keep the frame if it fits.

or save it till spring, when you may secure more Greenspan Green Stamps.

[AngryScientist]

well, one way is to put it on an auction site, with 99cent starting bid and see where it goes. as you probably know, the "worth" of anything is what someone is willing to pay for it, at the moment when you want to sell it.

unfortunately (or fortunately, depending on your perspective) the market for used frames is pretty bad right now. double that for a niche company like Serotta. it doesnt have the appeal of the one-man-shops like sachs and vanilla, not the allure of the "new guys" like firefly. i'm sure it's a fantastic frame, but what people have been willing so spend on older Serottas is not what it used to be.

nice bike tho, for sure.

[Nooch]

is there a penalty for ending an auction early on ebay? say you're watching your own auction and there's 10 minutes to go and it doesn't look like you're going to get what you 'hope' to get for it -- could you have a change of heart and decide to keep it?

(i know it would be a grimey practice, i'm not advocating for it, but i suppose it would get you an idea of where the market is without commiting..)

It's a beautiful bike -- my boss has 30th anniversary #1...

[martinrjensen]

The problem with that philosophy is that say my bid doesn't get entered until about 4 seconds before the end of the auction. Virtually all significant bids come in within the last couple minutes of the end of the auction. Pick any auction and monitor the last 5 minutes of it sometime. You want to sell it, it's worth what someone will pay for it as stated. Make a nice ad with excellent pictures and start the bid low, like a dollar. If you want to hold on to it set a reserve but using the reserve will cost you a fair amount on eBay, as long as you know. I quit using reserve a while ago. I let the market determine the value.

Originally Posted by Nooch

is there a penalty for ending an auction early on ebay? say you're watching your own auction and there's 10 minutes to go and it doesn't look like you're going to get what you 'hope' to get for it -- could you have a change of heart and decide to keep it?

(i know it would be a grimey practice, i'm not advocating for it, but i suppose it would get you an idea of where the market is without commiting..)

It's a beautiful bike -- my boss has 30th anniversary #1...

[FlashUNC]

Tough to tell from the photo, but also be aware that frames on either end of the size spectrum can expect even lower prices in this already depressed market.

Benefit to us big or small folks who are buyers, not so much as sellers.

Beautiful bike. I had no idea Serotta even made a 30th anniversary frame. Like the card suit detail on the inside of the fork.

[vav]

would do a BIN for 2K or so and take offers. If nothing comes up, start dropping the BIN by 100 every week. Make sure you take the best pics ever and include all available info.

That's a nice frame for sure. Only thing that kills it for me are the black carbon stays.

GLWS

What size is it btw?

[redir]

I would start the bid price at 70% of the cost of the frame when it was new and hope you get lucky.

[Nooch]

also, FWIW, I think this 30th anniversary does a lot more for people than the 40th anniversary that's currently in production... just the little detail of the throwback to their steel heritage on a carbon fork with the card suit, that's a special detail...

[DavidWiese]

Originally Posted by vav

What size is it btw?

56 cm seat tube center-to-center.
55 cm top tube center-to-center.