#76
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In the NE i definitely feel like the market has been hit hard once the temperature dropped and started snowing. Shipping obviously is always an option but the shipping adds a premium that typically cuts away at the price that the seller was hoping to get. Hopefully its seasonal, i dont feel like the number of bikers have decreased from a cursory look at my community.
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#77
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Thanks to all for the replies. I was shocked at the volume of comments, and take to heart those that are constructive.
I previously considered taking the bike down to a frame, fork, and headset, but thought that maybe the whole "vintage" look that I was gunning for would also be appreciated by others. Lots of "nice bike" comments, but no takers. Perhaps the nostalgia some of us feel for the 7/11 days was misplaced. The bike will now come off eBay and I will pause until spring and then list it as a frameset. Since this is how I found the bike, and built it up with individual component purchases, the lesson is learned. Who knows, perhaps the bike will bring in more for me as the sum of its parts. The other bikes I am going to be selling soon will probably go the same way. Thanks again, and keep the conversation going. TC
__________________
Suffer the pain of discipline or suffer the pain of regret. |
#78
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Have you seen the Leno’s Garage episode pitting vintage GTO against a modern grocery getter Avalon or Corolla (forget exact vehicle). GTO got smoked by average modern technology. The average person is more inclined to drop $50K on contemporary performance than 50+ year old tech. Nostalgia is fun, but a risky investment. Better suited to people with the resources to take a major financial hit if/when fickle desires of others change. Items with really really unique history might have enough of a collector base to support ongoing financial valuation, but most things don’t. Truly rare items are more than likely already out of affordability for the average person. If you need to sell or no longer covet the bike, part it out and move it along at the best offer you can get. If you’re willing to wait for someone who shares your passion for the bike and the era, hold onto it as it is - some day fate may connect you. |
#79
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#80
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For bikes there is nothing comparable to the vintage markets in, eg, cars and musical instruments, where the market value is the result of speculation and is often much, much greater than the intrinsic value. In the case of this specimen. It's just a bike, albeit a lugged steel one. If people aren't biting it's not because there is an absence of nostalgia. FWIW I think the paint is way cool, separate from any connection with sepia-toned bygone days of American cycling yore.
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#81
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Nicely put. Some serious copywriting on this site... |
#82
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BIXXIS Prima Cyfac Fignon Proxidium Legend TX6.5 |
#83
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are we still talking about bicycles? "a major financial hit" ? no one should be buying recreational bicycles they intend to ride as any type of "investment", and if the re-sale value of your bicycle falls to zero and it's somehow a "major" financial hit, you have over extended yourself. they're just bikes. we should buy what we like and can afford and accept the realistic market value when we are ready to sell them.
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http://less-than-epic.blogspot.com/ |
#84
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I don’t see any lack of rim brake parts around. I don’t think they are going anywhere anytime soon. The real issues for holdouts, myself included, will start once the big 3 stop making any new rim brake parts at all. Other stuff like wheels won’t be an issue as there will be plenty of options with builders. Anyway, I’m counting on campy forever making rim brake groupsets and wheels. |
#85
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Is this thread about difficulty re-selling high end bikes? Specifically older aka Vintage used bicycles? Or something about the decline in selling new, high end bikes?
Selling them brand new is easy, you bought it for the premium price. Re-selling it years later when technology has made leaps and bounds while expecting the asset to retain it's value isn't likely to happen unless it's a known collectors item. Add custom geometry to that equation and 90% of your target market just left because they aren't your size or willing to drop serious coin on a used bike that won't fit properly. Also, selling anything of higher value without being able to lay eyes on it or ride it for the purpose of checking fit make it supremely difficult to make your sale stick. |
#86
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#87
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#88
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I have never once even considered resale value in the equation. |
#89
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Ditto, anyone considering resale value is delusional if they think that they are going to recoup real money on a bike that was purchased new, or even used in many cases.
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Cheers...Daryl Life is too important to be taken seriously |
#90
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The one thing that entered my mind when getting a custom bike - initialing it. That would surely impact resale value. I did think about that.
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