A reasonable price for a 1977 Raleigh Grand Prix?

Question

I found somebody who is selling one in very nice condition for £75 (about $150). Is this a good value or a rip-off? It needs new tyres but has very little wear and almost no rust.

Answer 1

depends on the components. if it is suntour and in good shape, maybe $100. it might have campy in which case is a lot more money

bikingthings

Answer 2

There are a million of those bikes around and most are in good condition.

In the U.S. they have an average value of $40-$60 but knowing the UK market the asking price is pretty good. I would offer 50 quid and see what they say.

Answer 3

< $100 for sure. They can make nice fast bikes to ride for nearly nothing. For people doing a Tri for the 1st time and need something fast but very cheap this type of bike would be the way to go.