Advice on what price to sell a bike for
Hi. First time posting so please be gentle.
I'm selling a bike in order to buy a new one. No advice needed for the new bike, thanks - I've already decided what to get.
However, I am new to the business of selling. I have a 3 year old Giant Defy 3.5. I plan to sell on eBay (other options welcome, including whether such a bike would be attractive to the road.cc classifieds audience), which is another first for me, as I haven't sold through that market before.
Where I need help issue setting a price. I don't want to be left with a spare bike, or give it away for too little. The current equivalent is the Defy 3, RRP is £600 but last year models seem to be available on the internet for £500. Mine is in good mechanical order, with a few paint chips here and there. I would chuck in the Giant designed mudguards worth £25 as well.
There's currently an exactly similar one on eBay for £400. That seems wildly optimistic to me. Do you think I could get away with asking for £300 or go lower for a quicker sale?