Hi TJ,
I can see that it is in mint A1 condition, the white grease on the battery rack, tyres etc., made me think the photos were taken when brand new.
Unfortunately, I can't put a value on it without more information like age, condition of battery etc.
You can work it out yourself by using Flecc's formula which is an excellent way of calculating values.
You can see the prices of the latest version here along with battery prices
http://cyclezee.com/ezee-sprint-8.html http://cyclezee.com/ezee-batteries.html
I can't remember where to find it on the forum, but I have copied and pasted what I use.
When selling and buying most vehicles the value is generally well understood and a fair price easily worked out, but with e-bikes there's clearly a problem since prices asked are often unrealistic and in many cases owners and buyers haven't any idea what the right price should be, as shown by the questions asked in here sometimes.
E-bikes are a special case since the battery forms such a very large part of the original price, but it's life is a fraction of the rest of the bike, and I'm therefore proposing a simple formula to deal with this and make it easy to assess realistic prices. Since the great majority of e-bikes use lithium batteries with around two years and/or 500 charge life, the formula is based on those.
The start point is the original new price of the bike, since in a rapidly developing field the latest price is irrelevant as new models will often have many improvements. Then to deal with the battery life problem, the battery is dealt with as a separate element on this basis:
One year old e-bike: Half the current replacement cost of a battery is established to give half value left.
Two year old bike: The whole replacement cost is established to give zero value left.
For ages in between in each of the above cases, the price established should be pro-rata, and in cases where the battery has been replaced at some point, the same pro-rata rule can be used against it's age.
Then the start point of the e-bike's separate value is estabished by deducting the current new battery price from the original purchase price and then a depreciation percentage is deducted in the same manner as for other vehicles, the initial depreciation quite high as is usual:
I year old bike: 25%
2 year old bike: 35%
3 year old bike: 45%
4 year old bike: 55%
5 year old bike: 60%
6 year old bike: 65%
7 year old bike: 70%
8 year old bike: 75%
9 year old bike: 80%
Then to the discounted price of the bike only, any residual value of the battery as established above is added back to give the fair second hand price.
Here's a typical example of a lithium batteried e-bike costing roughly £1100 originally, with today's replacement battery costing £514:
One year old, £1100 minus the rounded original battery price is £600, less the 25% depreciation of £150 but plus the £250 residual battery value = £700
Two years old the £600 bike price less 35% depreciation and no residual battery value to add = £390
That second case will shock many owners, but when one considers the battery could be at around the end of life, adding the replacement cost of £514 to that £390 brings it to £904 for a two year old £1100 e-bike, which you can see is as much as it can possibly be worth, despite the new battery. It also brings home how unrealistic the £700 is that I've just seen asked for the same age and type bike, since with the battery replaced the cost would be substantially more than the original purchase price and almost as much as a new model. On the other hand, if that two year old e-bike had just had the battery replaced, only the 35% age deduction would apply, leaving it's second hand value at £715. That's about the same as the one year old above, which is right since it's extra year of wear is offset by the new battery having the whole of it's life left instead of only a half.
Of course small adjustments can be made up or down for bike condition, but the general principle of separating the bike and battery prices is a sound way of dealing with their very different lives, and a fixed formula as suggested enables anyone to judge whether a price is fair or not.
The same method can be used for SLA batteried bikes, while for those few with NiMh batteries, the battery life can be taken as 3 years with a third of the last available price deducted for each year of use. At some time in the future LiFePO4 batteries will be adopted, though there's no sign it's about to happen, but when it does their life will probably be double that of the present batteries, so the formula is easily adapted to that sort of change .
Lastly I have experimented with a variety of differing formulae on the bike and battery separately and the above one is the only simple one that gives equitable prices across all combinations of ages and battery lives. It also allows for the improvement in second hand prices that would result from battery prices going down to former lower levels.
