Hi all,
There seems to be a huge disparity between what the blue-book value for a bike is vs. the actual sale prices for the same bikes.
For a random example, a 2009 Orbea Ordu Ultegra is valued at $974-$1,003 for Very Good, $1,023-1,053 for Excellent on bicycle blue book.
Now, try to find any Orbea Ordu in any condition from any year, for sale under 2k. Good luck. It's like that for just about every tri-bike out there - from Cervelo to Felt to Specialized...
How are the folks at bicycle blue book coming up with these values when the market reflects an entirely different value for these bikes?
School me on this. Thanks.
There seems to be a huge disparity between what the blue-book value for a bike is vs. the actual sale prices for the same bikes.
For a random example, a 2009 Orbea Ordu Ultegra is valued at $974-$1,003 for Very Good, $1,023-1,053 for Excellent on bicycle blue book.
Now, try to find any Orbea Ordu in any condition from any year, for sale under 2k. Good luck. It's like that for just about every tri-bike out there - from Cervelo to Felt to Specialized...
How are the folks at bicycle blue book coming up with these values when the market reflects an entirely different value for these bikes?
School me on this. Thanks.