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Is it worth $250?

Seller says he bought it for $350 from a bike shop. It's got no visible decals from the pictures...

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What its worth is highly market and person specific. Try to look for a serial number and see if any of the components are marked so you can assess their value, but I suspect its just a basic single speed frame with base components. –  Batman Jun 21 at 1:38
    
thank you Batman! –  Joseph Jun 21 at 4:57
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As a rough guide I would never pay more than 50% of rack rate for a second hand bike, but this is country and market (as in type and value of bike) dependent. –  mattnz Jun 21 at 5:42
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Probably not worth $250, but it appears to be a step above the cheapest department store bikes. It should be more a question of what it's worth to you -- does it suit you needs and budget? –  Daniel R Hicks Jun 21 at 13:49
    
You can also ask the guy where he bought it and check the shop (presumably its not too far away). –  Batman Jun 22 at 17:16

1 Answer 1

up vote 4 down vote accepted

Those wheels are worn. That would need to be a $700 bike new to be worth $250 in that condition.

Pictures don't show detail on the items like brakes, bb, crank, wheel, hub, and chainring that would give a clue. If you are not finding mid range name brand components that bike is not worth $250.

A lowest end bike is under $100. This is picture of $300 bike new. Assume that is a low end bike until you have evidence it is not. enter image description here

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