I initiated this thread and I've found the resulting forensic discussion of the bidding process interesting. All I would like to add at this juncture is my opinion which is: If this bike sells for anywhere near the current highest bid, it will be an absolute gift.
My reasons for saying that are:
1) Trek bikes are very well built.
2) Bionx motors are very good.
3) Even the cheapest, lowest-powered Bionx kit is loadsa money.
4) The Trek dealer nearest me can't/won't reduce the price of any Trek electric bike to anywhere near the £1200 suggested in an earlier posting.
5) My bike's battery dates back to 2007 and is still in excellent health so I think too much emphasis is being placed on the battery condition of this bike.
6) Although Vectra doesn't fancy a gamble if it goes over £600, I reckon it's got to be worth a punt even at £950. I'd hesitate if it went over £1000 though.
7) If you bid and win, arrange personal collection and we'll all go, mob-handed, just to make sure it's genuine.
Indalo