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  • A bike shop owning friend of mine has a rule of thumb that a second hand bike is worth half what you paid for it new.

  • half what you paid

    Yeah, I'd go with that for something up to 5 years old in good nick, with the proviso that it's not what you paid for it, it's what a smart person would have paid for it at the time. I'd have been annoyed with myself if I'd paid over £1500 for what's on offer here, assuming the wheels were that wrecked when I bought them and everything else was new.

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