My mountain bike is another issue all together. Being the first bike I ever bought with my own money, it is really old. Most of the parts have been replaced. I have probably put about $1000 into the bike over the last 2 years, but I would guess that I would not be able to sell it for more than $200. It just has no market. People looking for mountain bikes are either looking for a Walmart bike for under $100, or they are looking for a sweet, awesome, bodacious mountain bike and are willing to pay for it. The bike I have is somewhere in the doldrums in between these two categories. It has some great parts, but others are complete crap. It needs work.
If I don't get my bikes sold, it will be an interesting rest of the summer until I start my job. I honestly thought that whenever I started to run out of money, I would just sell my old race bike and then everything would be hunky-dory. It has been a lot harder to sell it than I thought. Hopefully my luck will turn!