Looks like you are right. (see pic) I'm certainly not letting the bike go for a song. I love it too much.

I have a 2020 Raven with Rohloff which I have received an estimate from Thorn to have a Pendix installed. SJS do not have a demo bike to try but I'm confident the system must be pretty good otherwise they would not be selling and installing them. My wife has a Raleigh Motus pedelec bike and it's great to ride. If you want more exercise you just turn the assistance down. To go up the 20% gradient out of our valley you turn it up.  Does anyone have experiences they can share of the Pendix conversion on any bike, but particularly on a Raven?

Thanks for the guidance. I see there have been several discussions over the years on the topic. I'll post a question.

Thanks for all the comments. I guess that is both the problem and advantage of having a bike for sale section in an enthusiast forum. It can quickly become a discussion rather than an advert 🤣.

I am not in a hurry to sell but on the other hand I don't see the point in asking for an unrealistic price only to drop it later. I usually reckon that half the original buying price is a good guide for any secondhand item in good condition.

My fantasy plan was to add some electric assistance to my Nomad, Mercury or Raven to help me with these Welsh Hills in my old age, but I don't see any route to that happening. So now I have the attention of people who know their bike stuff, can I ask if I am right on that? Or might I be cancelled for even suggesting such a thing? 😉

To be honest, that price is crazy for a 26", rim-brake bike in 2026.

...and...

The market will decide, and the market isn't crazy

Yes. the market ultimately decides the fairness of the price; if it sells, it is fairly priced; if not, the price can be adjusted or the product withdrawn by the seller. Sometimes, the seller solicits opinions about pricing but not in this case. eBay, Gumtree, other listings here and Thorn's own used offerings provide good references for asking prices. Different buyers have differing tastes and preferences

If you want a discussion, maybe the classifieds is not the appropriate place for it.

Yes again, a discussion best made elsewhere, perhaps as a more general standalone topic, re changing market focus, buyer tastes and the effects on used asking prices.

Best, Dan