Guys, this is the abbreviated version since I lost the entire detailed post when my browser closed the previous page.


How much should I expect to charge for a brand new, recently purchased bicycle in a private sale?


Returning the bike to the store is not an option. Is 75% of retail a reasonable number?

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-Evan


Benz Fleet:
1968 UNIMOG 404.114
1998 E300
2008 E63


Non-Benz Fleet:
1992 Aerostar
1993 MR2
2000 F250

Yes, if you can get it.

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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.

OK, so if I paid $80 for a kids bike, the most I can expect someone would want to pay privately is about $60?

__________________
-Evan


Benz Fleet:
1968 UNIMOG 404.114
1998 E300
2008 E63


Non-Benz Fleet:
1992 Aerostar
1993 MR2
2000 F250

Do you need the space more than the money? If I am selling something and need the space I say make an offer knowing I can say yes or no to any offer made, and am never offended by anyone's offer, as I can counter or just say no. We are one of a few countries where little haggling is done during a purchase.
The price on the last television I purchased bwas lowered by $200.00 without asking. I just told the sales person that was a little more than I wanted to spend on a TV. They did get it back with the addition of a sound bar and forget what else.

I'm trying to help my cousins get rid of household items after the passing of a relative. This is a cheapy wal mart bike and it certainly won't get any more valuable with age but it's literally brand new having been purchased only a couple weeks before the death.

__________________
-Evan


Benz Fleet:
1968 UNIMOG 404.114
1998 E300
2008 E63


Non-Benz Fleet:
1992 Aerostar
1993 MR2
2000 F250

As others have said here and elsewhere, any item for sale is worth what someone is willing and able to pay for it. NIB guns sometimes go for more than MSRP. NOS car parts can be worthless. 3/4 of new price sounds like a good starting point for a cheapie bike.

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Whoever said there's nothing more expensive than a cheap Mercedes never had a cheap Jaguar.

83 300D Turbo with manual conversion, early W126 vented front rotors and H4 headlights 400,xxx miles
08 Suzuki GSX-R600 M4 Slip-on 22,xxx miles
88 Jaguar XJS V12 94,xxx miles. Work in progress.

You can always go down. 80 dollar bike, plus tax. Ask 65, the buyer's saving 15 off the new price plus tax. Be prepared to take 40 or 50. Local FaceBook barter and sale pages are very active and not as sketchy as Craigslist in my experience.

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You're a daisy if you do.
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84 Euro 240D 4spd. 220.5k sold
04 Honda Element AWD
1985 F150 XLT 4x4, 351W with 270k miles, hay hauler
1997 Suzuki Sidekick 4x4
1993 Toyota 4wd Pickup 226K and counting

For a brief time I bought stuff wholesale and tried to sell it. If you are not an Business people don't feel obliged to pay a reasonable price even if it is much discounted from the normal and well known retail price.

You can start at your higher price and go lower later if it does not sell.

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84 300D, 82 Volvo 244Gl Diesel

One of our daughters has and still runs a fair sized ebay selling site. I asked her just this week on how she prices things. She said she compares on several sites what the average price is they go at. Unless she is quite familiar with that area of the market all the time.

Otherwise the items do not move anymore in general. She has been at this for years out of Ottawa, Ontario. I specifically asked her to give me a selling price on a pewter indian statue I picked up at a yard sale for 25 cents at one time.. In less than a minute she told me the last two sold for 85.00 and 135.00 American. That is over 100.00 to 180.00 Canadian at this time.

I also picked up a classic book not for the value but for the story itself while they were visiting. It was mint and I got a quick lesson on book sales and values from her. She told me that would be selling at about three dollars in todays market on her site if she ran with it.

The week before they arrived I picked up a rear tine 5 horsepower tiller in decent condition as well. For seventy five dollars that runs like a champ. This was just a stroke of good luck.

Lightning struck though when I purchased a lot of replacement vinyl windows new the same week. They have almost doubled in price since the last batch. I can no longer access true wholesale on them anymore. Also a rugged new plastic culvert pipe. As my age gets higher the retail prices on many things just seem to track right along as well.

So when selling things today in a market of extreme availability. . You usually have to do a little research. You can add a little value for new over used but you almost have to base the price on the market in general. Just my daughters opinion and perhaps a reasonable approach in mine.

After dealing with all the scammers who call, you will be happy to take anything from anyone who sounds half honest.

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1998 C230 330,000 miles (currently dead of second failed EIS, yours will fail too, turning you into the dealer's personal human cash machine)
1988 F150 144,000 miles (leaks all the colors of the rainbow)
Previous stars: 1981 Brava 210,000 miles, 1978 128 150,000 miles, 1977 B200 Van 175,000 miles, 1972 Vega (great, if rusty, car), 1972 Celica, 1986.5 Supra

It would probably help in selling the bike to find the sales slip or receipt and any owner's book that came with the bike so that the buyer could have any guarantee that WalMart gives with it sales.


Have you considered trying to return the bike to WalMart to get a full refund. They might give one if you explain the circumstances and that the bike is only a few weeks old. I think they give refunds on many items if returned within 30 days