Estimating bike value

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30 Oct 2014
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Norfolk
So, this Orbea mx30 29er, i've had for 3-4 months, which I bought for £450, i decided to sell because of not using it as much as I thought I would. And realised that a newer model came out, or basically that sales are on, its £370 new at the shop and tomorrow I'm selling it for £250, its literally brand new, spotless, like it was unsed, with original receipt.

Kinda gutted Im losing £200 on a barely used quality bike, I've put it on auction but Im starting to doubt I'd get less than that, so it'll be a good deal. I coudn't find it being sold elsewhere to get averages.

What's your experiences on new/used bikes? How much value have you lost from the price you bought it for.

I'm a road-bike cyclist, and didn't have any knowledge of mtb's so is it only mtbs that lose that much value quickly?
 
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