C
Cyclezee
Guest
This could be the bargain of the year http://www.pedelecs.co.uk/forum/classifieds/13118-sale-2012-tonaro-enduro-bronze-manchester.html
Considering he started out at over £1000 definitely. while I did warn him this was to much I do feel sorry for him that he has had to drop that low for a 3 month old bike.
It's worse than buying a new car - drive it out of the showroom and you just lost 25% of your money. Keep it for 3 months and you lost half ! Doesn't bode well for residual values of Cyclezee bikes and I have to say Cyclezee's interjection on that thread probably did very little to generate confidence in the value of the products he is selling. I'd just have listed the blooming thing on e-bay by now.
It's a really strange market and couldn't be further from carbon bikes for example. Regularly hitting 60-70%+ of end-of-year sale prices even after 2 years despite their owners admitting using them in competitions, triathlons, intensive training etc. with all the associated marks and microstresses that inevitably brings. Even older hammered ones which were originally maybe £1500 fetching £650 or more. Completely bonkers.
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C
Cyclezee
Guest
Hi Alex,
I would just like to clarify, Aaron didn't buy his Tonaro from Cyclezee.
My comments in the classified section were to point out his price for a used bike was unrealistic in comparison to the new price.
I don't know Aaron's circumstances or the provenance of the bike, but I am sure if he had put it on eBay, it would have sold long ago for a lot more than £500.
As it stands, it would appear to be an exceptional bargain and I imagine it will sell quickly even with the Forum's limited audience.
This is an unrealistically low price now. The lack of a sale is quite simply due to a combination of factors, the depressed winter market, continuous wet weather and the narrow appeal of that particular bike's styling.
In a warm dry spring or early summer when there's more demand for bikes of any kind, it would have easily sold at an earlier higher price.
In a warm dry spring or early summer when there's more demand for bikes of any kind, it would have easily sold at an earlier higher price.
C
Cyclezee
Guest
I quite agree Tony, the bike is worth considerably more than £500 and perhaps you could advise it's actual worth based on your formula.
I don't know Aaron's circumstances, maybe he is looking for a quick sale and can't afford to wait.
As the battery is effectively almost new there's no need for it to be separated for valuation purposes. Just a straight 25% discount applies for a sale in the first year.
So based on Powerpedals new price, it's worth £863 if up to a year old.
Based on the CycleZee lower new price, it's worth £694 if up to a year old.
In view of it's newness at a couple of months old, a realistic selling price is easily £750. At £500 it's a steal.
C
Cyclezee
Guest
Here is an example of a similar bike currently listed on Ebay TONARO BIGHIT CRANK DRIVE ELECTRIC BICYCLE | eBay
Depressed Winter market ? Could have fooled me ... I've just been outbid on a carbon road bike on e-bay with 2 secs to spare AGAIN having been driven up to way beyond what I wanted to pay. There's almost nothing desirable on offer worth buying with a decent spec at the moment without forking out silly 2nd hand prices. Especially since all you can do is ride out from the garage, do your training ride (avoiding all potholes) and return to your garage - definitely can't justify the weight of a bike lock !That goes for both Gumtree and eBay. MTBs are ten a penny and going pretty cheap here and there though.
.. I'll leave out all the obvious gags
It's nice to know from the listing that it will fit someone over 6"
.. I'll leave out all the obvious gags
Exactly, it's the main bad-weather, winter market that's depressed like that cheap MTBs one. Specialist enthusiast markets don't get affected the same way, enthusiasts being what they are. I see it locally too, there's always activity at the Geoffrey Butler shop where the serious roadies go, but at their big mainstream outfit, BikePlus, just down the road, it can be dead off-season.
Hello guys, the bike still hasn't been sold, I am as surprised as you all are really! Reason for the sale is I had the bike to cycle to work, but have recently got a car so the bike isn't getting used anymore, I didn't really want to drop to £500 either as it's a little gem... My thought was the longer I waited, the more the value would drop? do you think I should hold on to it for now and try to re-sell it later on in the year once the dreadful weather goes away?
Thanks for getting involved!!!
do you think I should hold on to it for now and try to re-sell it later on in the year once the dreadful weather goes away? Thanks for getting involved!!!
I think your chances will improve considerably as the weather improves Aaron, and it will still only be 6 months old in April and hardly used. Then I think you could realistically ask at least £650 if they are still on sale new at present prices. The new prices may increase a little for the Spring market, in which case ask £700 then.
One proviso, make sure you charge the battery at least once every two months to keep it in good condition, they should never be left uncharged for long periods, whatever the charge level indicator says.
One proviso, make sure you charge the battery at least once every two months to keep it in good condition, they should never be left uncharged for long periods, whatever the charge level indicator says.
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