Subject: RE: Help with value of used Cervelo Dual Dura-Ace rollinsw - 2007-04-17 9:27 AM How much is a new bike like a new car as far as depreciating in value the second you "drive it off the lot? Bill Even if the bike is in brand new condition, you may have fewer warranty rights than the original owner, and you certainly have less right to LBS service, tuneups, and goodwill that would be afforded the guy who actually purchased the bike from them. Quantifying those attributes is much more difficult. Certainly you wouldn't pay full retail for even a slightly used bike. Perhaps he has some afer-market enhancements he's selling with the bike, pedals, new saddle, cages, computer, etc. in order to command full retail? Bottom line is that the bike is worth to you only as much as you are willing to spend, and how much more you are willing to pay to get the bike new. How Would you rather pay $1,500 for this used bike or $1,800 for the new one? $1,600? $1,400? Also thinking that you won't pay sales tax on a used bike, 8% of $1,800 is $144, so now your decision is $1,500 vs $1,944... |