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Bike depreciation - is there such a thing?

Posted: Wed Jun 08, 2016 9:34 pm
by waverider
Frustrated with how high used bike prices are I decided to look at a few websites and search for my existing bike to gauge the used bike market. I paid $1,900 for a 2013 Cervelo R3. The cheapest I could find, for a USED 2013 R3 was $2,100. :shock: Used! The most expensive was $2,800.

Admittedly, I got a good deal on mine. But why are used bikes priced so high? Supply surely exceeds demand doesn't it?

Should I buy new, flip it as used and make a profit? :lol:

Re: Bike depreciation - is there such a thing?

Posted: Thu Jun 09, 2016 6:44 am
by Roland
Every bike I've ever tried to sell I've gotten pennies on the dollar for, maybe it's something I do to them.

Re: Bike depreciation - is there such a thing?

Posted: Thu Jun 09, 2016 8:41 am
by owen
The dollar has a lot to do with it. A 2016 R3 is significantly more expensive than a 2013 R3 while being essentially the same bike.

Re: Bike depreciation - is there such a thing?

Posted: Thu Jun 09, 2016 8:17 pm
by waverider
Can you send me a PM the next time you sell a bike Roland? :lol: