Hardly used Trek 4300 for sale

[Chadaga]

Hardly used Trek 4300 for sale. 

View photos at: 

http://www.flickr.com/photos/chadaga/sets/72157632497128725/show/

It is a 46CM frame size. 

New bike costs around Rs. 34000

Asking price: Rs 28000

Feel free to contact me if you have any questions on the bike.

My number is: 9916140201

Regards,

Vikram

[CSV]

Year of purchase? and what was the cost @ the time of purchase? reason for sale plz.

Thanx,
CSV

[Sanath Kumar S D]

Do you have purchase invoice for this?

Please let us know.

Thanks and Regards,

Sanath Kumar S D

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Thanks & Regards,

Sanath Kumar S D
+ 91 988 019 4896

[Promise Gangani]

Purchase year and price and original bill?

On Monday, January 14, 2013 11:43:39 AM UTC+5:30, Chadaga wrote:

[Chadaga]

If I remember it right it is a 2010 bike. 

Unfortunately I do not have the original bill. 

Nevertheless, once you see the bike you will realize how new it is :) 

Cheers,

Vikram

[deepakvrao]

Anyway, to my mind, cost at time of purchase, as well as original bill has no value.

Condition of the bike and how it's been looked after is all that should matter in a second hand purchase. For pricing, replacement cost of a new bike is what should be taken into account.

[Mayank Rungta]

Doc,

I am not sure you can be fair charging more than what you purchased for especially if the newer models provide more features so as to maintain the price - the specs of this bike will help. In this case it is very likely the bike was not more than 22-24K. I had another chap selling a 4300 of a more recent model at 24K with accessories. This is pushing it too far me thinks! :))

[deepakvrao]

Controversial but this has been discussed before.

Say I buy a bike for 20K, and next day price drops to 15K. If I sell it, can I get away saying I paid 20K, and with [say] a depreciation of 20%, I want 16K? Nope - buyer will pay NEW price less 20% right?

Similarly, I buy a bike for 20K, and then price goes up to 30K, a buyer might definitely be interested in paying say 20-22K etc. Neither is it unfair.

Finally it all depends on what the market supports, and that is based on the price of a new bike.

It's a bit of an a anomaly currently because of the insane increase in customs duty last year. Otherwise this situation would never arise.

I don't have any idea about this sale, but am just pointing out how a sale would work when the price of the item actually increases.

I think I paid 60K or there abouts for my tourer. Same bike is now being sold here for 1 lakh plus. So, do you think I should mark it at below 60, if I were to sell?

[deepakvrao]

Just to add, presuming specs remain the same, and price has gone up due to government greed or other such factors.

[Mayank Rungta]

Not if the price was the only difference between the new and the old! :)) Simple value for money - how much would I pay for a bike with such and such components. 

A Trek 4300 today costs 46K and it is no longer comparable to the bike on Sale so u can't sell it at a higher price telling the current price as the bike is very different. I mentioned the other bike as being fare as it would cost around 27-28K to get an equivalent bike then for that price! :)

[Mayank Rungta]

I guess we are on the same page on this then! :) Specs matter...

[Deepak Rao]

Yes, an identically specced bike now costing 30K, might well sell for 22K even if the buyer bought it for 20K. Like I said, this is an anomaly now only because of the customs duty thing. Otherwise, a bike price never goes up enough for a second hand bike to be sale able for a higher value than what it was bought for.

Makes me furious when I think of again how the govt loots us wherever possible, but that's another topic altogether.

[Chadaga]

Bike Sold.

-Vikram

[Mayank Rungta]

Hi Vikram,

Can you kindly let know what price the bike finally went if you don't
mind? :)

I have a friend who wishes to sell her Canondale Trail 6 (size small)
good as new (I think nothing beats a 30KM usage! :D). She got it last
year (2011 model I think) and found it uncomfortable as it was big for
her (She needs those smaller frames 13" or 14"). She spent 29K for it
and I was hoping she can get a good price considering the current price
is some 35K (no idea why). I rode the bike last night - excellent
condition! :)) Anybody interested ping. Will forward her mail once I get
a pic of the bike (white color - real nice).

thx,
mynk