This was given to me by a family member that wants me to sell it. How much should I list it on Facebook? $250?
Looks like a 2002 Trek Fuel.
by therivera
This was given to me by a family member that wants me to sell it. How much should I list it on Facebook? $250?
Looks like a 2002 Trek Fuel.
by therivera
4 Comments
You’re not getting anywhere near $250. Resell value on bikes is almost nonexistent. Especially on a 23yo set.
Do some homework on what similar bikes are going for, but $250 is way too ambitious.
It’s gonna be hard to tell from just a picture. Here are a few questions to consider:
1. Are there similar bikes for sale in your area? If so, how much are they selling for? This will give you an idea of market value.
2. Are there any deep knicks, scratches, or bends in the frame or fork? If the frame is too damaged, it may not be safe to ride.
The following questions are meant to determine quality. Basically, if the bike is rideable, how new and tuned up are the components? I’m assuming not very. If the bike is not rideable, or needs work, the overall question is “how much money will the buyer have to spend to get this bike into functional condition for their goals?”
1. Do the brakes work and are they well-adjusted?
2. Does the shifting work?
3. Is the chain and drivetrain lubricated and in working condition?
4. Do the tires hold air?
It might be an optical illusion but the chain looks broken. If that’s the case you’re already looking at ~$20 just for the chain.
Personally, I think this is a classic “Greek gift” situation. The time and energy you will spend selling this bike will likely outweigh the $100 you might get for it. But I hope I’m wrong!
Probably will go for $100 unless you find an idiot
Value will vary greatly between local markets. Near me (Midwest) you could list it for $250…if you wait you could probably actually sell it for $200-225. If you list it at $150-175, it’d be sold in a day.