Estimating bike value

[lawrence281]

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?

 

[Stuff]

There are an absolute ton on the market from people in very similar situations to you.. It's just supply and demand

 

[merlin]

You'll always lose a stack of money on bikes, you lose the VAT the instant you take it out the shop, plus more because it's instantly second hand.