I am going to put my GT Force 3 up for sale shortly. It's a 2008 I purchased new for $1599 +tax. I rode it casually for one year and put less than 500 miles on it. Then I started working from home. It has been sitting in a server room at our data center ever since.
I brought it home about 3 months ago and started riding it again.. Did a simple tune up and it still rides like a dream. I developed a little creak, so I serviced the pivots and dropouts last week. She's quiet again. It looks like a new bike, shiny showroom floor condition. No scratches, dents, dings or rust. Seriously, mirror looking shiny finish. Tires are 80%. Brakes are 80%
What I've added:
Shimano 520 clipless pedals
Raceface Evolve 90cm stem
Easton Monkeylite bars
Selle Italia Shiver Gel Saddle
Neoprene Fork Boots
Neoprene Shock Boot
Neoprene Chainstay Protector
$1700 for bike new. I was going to subtract $700 off the top since it's 4 years old. So, $1000.00 plus the $350 in upgrades, but realistically was only going to expect about $200 for these. So final price $1200. Keep in mind there isn't a mark on her.. This is an older pic of the bike, The new stem and seat are not in this pic.
I'm usually spot on with bike valuation, but I'm thinking about selling this to a friend. Probably why I'm questioning myself. The condition is superior, I'd say 8.5-9 easy. Is this fair?
BikePedia - 2008 GT Force 3.0 Complete Bicycle
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Thread: Fair Market Valuation