MY "TEN SPEEDS"

 

MY "TEN SPEEDS"

 

SITE INDEX   FINDING   BICYCLES   WORK SHOP   TRADING   WHAT'S NEW?

 

MY "TEN SPEEDS"

 

 

 
OLD BIKE VALUE - INTRO

MADE BY & WHEN MADE

VALUE & LOCATION

VALUE & FRAME SIZE

INCREASING SALES VALUE

LOWERING PURCHASE COST

COST INCREASING EXTRAS

VALUE CONCULSIONS

 

WHAT'S THIS OLD BICYCLE WORTH?

One of the commonest questions people ask when considering to sell, or buy, an old bicycle is what it it worth?  In dollars and cents, many people just want to know how much they can get for their old bike, or how much they should pay when purchasing an old bicycle.  How much should I pay, or how much should I sell it for?  Incredibly common questions in the vintage bicycle world.  And, for what this is worth, I have no idea what vintage bicycles are worth.  Read on and understand why...

The long and short of it, after being involved in hundreds of vintage bicycle transactions, is that there is absolutely no way to guess at a vintage bicycle's value.  A host of things impact value, and many of them have nothing, what so ever, to do with the bicycle.

Make, size, model, condition, location, historical significance, color, style, and who knows what else, will play a part in determining a bike's selling or purchasing value.  And, there seems to be little way to predict how each, and all, will impact a bike's selling value.

Consider these three Torpado bicycles, all are Luxe models and all are of the same approximate vintage.  All three are in very good to excellent condition.  And all three sold within a year of each other.  One sold for $180.00, one for $700 and one for over $1200.  How could anyone manage to offer value predictions, based on those results?

With this in mind and knowing that the interest, in bicycle riding is increasing, particularly in North America, expect bicycle values to increase.  Additionally, and of equal importance, the interest in the vintage bicycle, be it a road bike, roadster or even early mountain bike, is growing at an even faster rate.

This suggests that demand will be increasing, while supply, at best, will remain constant.  Increased demand, coupled with fixed supply, equals rising prices, both for the seller and the buyer.  It is simple math.

However, all of the above, is of little, or no help, what so ever, to the person trying to figure out how much to ask, or how much to give, when the price of a vintage bicycle is the topic of interest.  With this in mind, it might be a good idea to understand how to determine a bicycle's inherent value, rather than its monetary worth.  Inherent value?

What is inherent value?  It is the value defined by the quality level of the bicycle itself.  In other words, learn how to determine a top of the line, race worthy steed from the one intended for the beginning recreational rider.  Needless to say, the top dog will almost always be worth more dollars and cents that the bottom of the line, mass produced offering.

Begin evaluating value, by understand the basic, or fundamental, characteristics of vintage bicycles.  Two of the most important characteristics are make, accentuated by vintage.

NEXT - MADE BY, WHERE AND WHEN MADE

 

 

 

 

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