>>2033445most people can't appraise bikes so even if your market is high it should still be possible to stumble upon nice stuff. Just look a lot and be quick. If the Peugeot was a race bike with super vitus tubing, chromed fork, tricolour groupset & mavic rims, etc, and it was all actually in good condition, it might be worth that.
But yeah, a bike should be sold for LESS than the value parted out.
Nothing on that bike including the frame is worth more than $5.
Especially don't overpay for fucked wheels and tires. That is a lot of the value of a bike. If the hubs feel notchy turning the axle in your hand, the brake track is worn out, or the spoke tension is wildly off, the wheel isn't worth anything. Same with tires with cracked sidewalls and that happens just from sitting uninflated so don't let someone charge you because they have 'like new' tires that they let die.
Shitter peugeots are overvalued in NZ too, people just get memed into them for the cool graphics.
Helicomatic hubs are absolute garbage and simplex plastique derailers are now all on the verge of snapping.
