NON-SALE: Secondhand pricing on the hub
#21
Posted 21 September 2009 - 04:27 AM
If someone wants to "Bump" indefinitely, that's their loss, not yours... as you say, it's willing buyer, willing seller... if he's not willing to sell, then it just won't sell... People can pay whatever they think the part is worth, you don't need to agree with them and yes, I would also like the prices to be lower then I could afford to buy more too!
I agree 2nd hand prices are high, but that's because there is a demand for them, not because anyone is trying to rip anyone else off... If no-one buys them, the prices will have to come down.
#22
Posted 21 September 2009 - 04:32 AM
@Velo: XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX [self-sensored - offensive language] If you re-read the original post slowly, you will see that it's making an appeal for courtesy, and for a community to make an expensive sport slightly more accessible. Nothing more, nothing less.
[XXXXXXXXXXXXXXXXXXXXX - self-sensored - further potential offense.]
(How's that TarBoy :)?)
#23
Posted 21 September 2009 - 04:32 AM
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I was shocked the other day to see how much cycling stuff retails for in bike shops!!!!
I thick we on the Hub have a warped idea of what things should cost (thankfully)
examples:
Zipps are not R10 000
Dura Ace groupo is not R8k
A cassette does not cost R250
And a top end carbon bike with race wheels and top end groupo does not retail for R30 000!!!!!
I agree, sometimes you must just haal uit en wys! you cant expect to get a bargain all the time
#27
Posted 21 September 2009 - 04:55 AM
There will always be someone who sees "value" in a requested price. Whether that value is perceived as expensive in someone's eyes or a bargain in someone else's is just the way supply and demand work.
"Gears are like eyes or testicles. Having more than one is an unnecessary luxury."
#29
Posted 21 September 2009 - 04:59 AM
It is an open market. If you don't like it go look somewhere else. There are a couple of nice deals run by emigrants on Gumtree. ![]()
If someone wants to sell stuff for a stupid price simply ignore them. Nobody is forcing you to buy stuff. So why are you upset about it?![]()
What really irritates me is when someone is selling something at a really good price and some idiot will the post that they can get the same stuff new at their LBS/online etc. Funnily enough they usually disappear of shut up when you ask them where their mythical LBS is.![]()
That said I can only afford stuff at bargain prices and lately not even then BUT it does not give me the right to complain if people does not want to sell THEIR stuff at a price that will suite me. ![]()
#30
Posted 21 September 2009 - 05:11 AM
You're in the Western Cape, right?
So why dont you get into your cabbie and go down to Cycle Traders. They deal in used bikes and cycling odds only. I would be surprised if you find the charitable prices you seem to feel you are entitled to. Why then, are you so surprised to find comparable prices on the hub?
#31
Posted 21 September 2009 - 05:43 AM
@TarBoy - "This certainly is not a classifed as a constructive debate either!"
You are right, it isn't. It's just that I didn't sit down to write that post so some Julium Malema-esque character could tell me to sod off to another continent because I presented a considered opinion on the secondhand market. And I've actually found really good deals on new stuff at Cycle Factory. Iain's a great source of advice, and his sales team are committed to furthering the sport. Unlike some other people around this neck of the woods.
I'll update my previous repsonse appropriately.
#32
Posted 21 September 2009 - 05:45 AM
An illustration of the changing value of a bike:
In January 2009, a new Raleigh Tri6000 had a retail price of R19 999.
In approximately March, Raleigh launched their Beat the Recession promo and dropped the price to R13 999, somewhere close to the 2008 price.
At the time I was looking for a second hand unit and the going rate was +-R9k.
In July, I purchased a New 2008 model from Solomons for R8999. New as in brand new, out the box, assembled for me with full warranty. The difference to the 2009 model is the paint job.
A variation in the period of 6 months in the selling price of an identical bike of 55%.
This is interesting and relevant to the second hand market in that:
1. The product is directly comparable (identical except for paint job)
2. The product is supplied by the dominant industry player in terms of volume. This would make the consumer in most cases a "price taker."
3. The "price maker", being Raleigh were unable to achieve the price they set as RRP and were only able to move their 2008 stock on a "willing buyer / willing seller" at a massive discount.
Needless to say my patience resulted in me getting a really good deal (my opinion only).
The same can be applied to the second hand market. There will always be another unit coming along if you feel the price is too high.
#40
Posted 21 September 2009 - 07:17 AM
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Sorry guys, where's the competition commission!
Seller Sells and Buyer Buys.
I can sell for whatever I want, If you see value in my offer buy. If not move on!
If you want something and are a serious buyer (have the Cash) then offer and purchase.
DON"T write stupid comment on a threat detracting from the sale.
If the seller is happy to pay the asking price then that is a good sale.
If you are smart and you've done your homework then there are good deals to be had.
Offer and Acceptance, basic economics.
If the price doesn't suite, smile and move on...thank goodness you have the choice.
Cheers
Agree!!
The definition of insanity is doing the same thing over and over and expecting a different result!

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