Please Help Me Price This

[RED1408]

So, now that I have gone and bought a new Morewood frame. I have to now unfortunately sell one of my other bikes as per the woman's instruction.

 

I know, I know it sucks! but selling my soul to the devil woman has gotten me a unused Mbuzi frame and I'm ok with that

 

The bike that I need to sell is a 2012 Mongoose Salvo Elite with some upgraded components such as:

 

Shimano SLX brakes

RockShox Tora 302 Coil U-Turn Fork

Da-Bomb Hubs ( 9mm QR)

sun ringle rhyno lite Rims

Every thing else is what the bike came with, 10 speed etc, etc...

 

Here is a photo of the bike BEFORE the upgrades took place:

 

 

(Yes, I'm too lazy to take an updated photo, but I'm sure you get what I'm saying)

 

Here is a picture( Just because I can) of the Mbuzi:

 

 

As you can see that it was soooooo worth selling my soul

 

Anyways, my mate is keen on the bike and I don't wanna rip him off, so what would you say is a reasonable price for him to pay?

[Tuxstir]

All depends what you define as reasonable.

Me I would offer you a very reasonable offer of 2 packs of jelly tots and a box of smarties..

 

Nice frame.. Many happy miles is see coming

[Johny Bravo]

All depends what you define as reasonable.

Me I would offer you a very reasonable offer of 2 packs of jelly tots and a box of smarties..

 

Nice frame.. Many happy miles is see coming

 

ouch

[RED1408]

All depends what you define as reasonable.

Me I would offer you a very reasonable offer of 2 packs of jelly tots and a box of smarties..

 

Nice frame.. Many happy miles is see coming

 

Yeah can't see the woman being too happy with that offer but I get what you are saying. I do see some people selling these bike's for 10k! That to me seems a bit steep for a second hand bike that cost +/-13k new.

[RED1408]

ouch

 

Everyone for their own I guess. This is the Hub after all....

[Scooterza]

Don't they say that a good starting point is 30% off the new price and then 10% per year thereafter. So if it's a 2012 bike that sold for R13K, it would be:

Less 30% R9100

Add in perhaps R1000 for extras (I am afraid I don't know what the add ons would be worth)

But then there's the hectic drop in value of 26" bikes. Bikes are dropping in value like mad.

My guess would be around R8K to R9K.

[RED1408]

Don't they say that a good starting point is 30% off the new price and then 10% per year thereafter. So if it's a 2012 bike that sold for R13K, it would be:

Less 30% R9100

Add in perhaps R1000 for extras (I am afraid I don't know what the add ons would be worth)

But then there's the hectic drop in value of 26" bikes. Bikes are dropping in value like mad.

My guess would be around R8K to R9K.

 

Thanks for that Scooterza, That a really cool way for working it out.