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Pricing Advice - Selling a GT Peace


Andrew Steer

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Haha... you guys aren't helping. I have a very capable EMD Niner for when I do get back in the saddle again. That too is gathering dust... not really what EMD is meant to imply I am sure  :blush:

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Andrew I reckon the short answer from this thread is: No reasonable price (from a buyers perspective) will be able to replace that bike or be worth selling it from a sellers perspective!!! 

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Would R5k be about right? I'd love to put it up for R100k, but Donald Trump unfortunately doesn't frequent the hub...

 

Neither does Gupta

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R5k in today's terms is probably about right.

 

I would however, vet the buyer to the full extent of the Bikehub's capabilities, all applicants needs to apply for the sale here on the Hub, posting Facebook profiles, Twitter handles, instagram accounts etc etc...

 

Only then would we ensure the bike goes to a deserving home. You cant just let a bike like that go to the first person with cold hard cash in hand...

 

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R5k in today's terms is probably about right.

 

I would however, vet the buyer to the full extent of the Bikehub's capabilities, all applicants needs to apply for the sale here on the Hub, posting Facebook profiles, Twitter handles, instagram accounts etc etc...

 

Only then would we ensure the bike goes to a deserving home. You cant just let a bike like that go to the first person with cold hard cash in hand...

My feeling exactly  :clap:

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Long story short, I'm selling my my GT Peace, but not really sure how to price it... 

 

New these weren't even R6k, but value wise it's just not possible to place the same sort of depreciation on a classic bike like this. I had it on the hub for a short bit last year at R6k, and had a few bites, but they all ultimately fell away in the end. I'm also a bit of a reluctant seller which doesn't help either. There were of course lots of other cheeky offers, but selling something like this for R3/4k just really doesn't make sense.

Ultimately I'm looking for a buyer who appreciates this simple beauty for what she is and will build it up to something pretty spectacular. Some fancy wheels and brakes, a nice new seatpost, a more fitting saddle and maybe even a shiny new paint job. That was my long term goal, but it's just not happening, and won't be happening anytime soon, it's just nowhere on the priority list and I get frustrated at her just lying there gathering dust and picking up more scratches etc in the storeroom.

 

This bike needs to be ridden and loved...

 

So, what price should I be asking?

It's still the original tyres to give an idea of mileage. Much of which has been critical mass and spruit cruises. It's scratched up a bit (mainly from being loaned out to people who don't necessarily appreciate it's heritage), nothing crazy, but long term I did want to get it touched up or possibly even a whole new paint job. Components are as per original spec, just a Hope seatpost clamp as the original was famed for failing.

 

All input appreciated.

She's a size large for what it's worth.

 

Thanks in advance

 

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attachicon.gifDSC_1538.JPG

I hope this does not mean you are stopping riding altogether?

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Unfortunately something is only worth what a buyer is prepared to pay for it, if that cannot and does not reach your expectations then keep it - or sell it and regret selling it at that price...

 

if you don't need the cash then keep it...

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If I didn't just buy a bakkie load of diapers I would have been on this like a fat kid on a cupcake. But alas. The Wifey doesn't understand that I need a peace, a pike, some bling plastic wheels and a new bakkie. And that we don't really need to buy a house.

 

 

Don't sell the Peace. Kapish?

Edited by PhilipV
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