Do you have a bike you are interested in selling? Want to make sure you get top dollar for that bike? Where’s the best place to sell a used bike? Here are some easy tips that will make sure you get the most money for your bike.
Selling Tip 1: Make sure the bike is clean and spotless.This is the first thing a buyer will see and look at. Having a clean bike gives a good first impression of it. It will give a buyer more confidence when looking to purchase your bike. Invest some time cleaning the frame and all the drivetrain parts with a fine tooth brush. I would recommend having a local bike shop do the drivetrain cleaning as it can get pretty messy. They will be able to remove all the dirt and grime stuck in your chain and gears. This will greatly increase the value of your bike.
Selling Tip 2: Replace any broken, damaged or worn out parts.Nobody likes to buy things that show major signs of wear or damage. Replacing tires, handlebar grips, broken or frayed cables will enhance the overall look of the bike make it more appealing.
Selling Tip 3: Tune it up!Now that your bike is looking like new, it’s time to make it ride like a new one. If your buyer is local, they will more than likely want to take it for a test spin. Make sure all the gears, brakes, bearings and pivots are in good working order. If your buyer is not local, reassure them the bike has been recently tune up and in proper working condition. A perfectly functioning bike will create more interest to the buyer. If you are not able to make the necessary adjustment on your own, have your local bike shop perform the work that is needed. Click here for my tips on how to tune your bike in 10 minutes!
Selling Tip 4: Advertise on Craiglist and Ebay.Advertise. There are many places to advertise and sell a used bike. The broader the region you advertise, the better the chances you’ll receive what you are asking for on the price. Start with bike forums or biking community websites. Craigslist and Ebay are also great places to start selling. When advertising, be accurate and descriptive. Provide as many pictures as possible. Show the bike from different angles along with close up photos so the buyer can see and read what they are buying.
Selling Tip 5: Determine its value.Finally determine its value. Unfortunately there isn’t a “Kelly Blue Book” for used bicycles. The best way to determine its market value is to do some research on the internet. See what other sellers are advertising theirs for. If you can’t find the exact bike, find a similar one around the same year. Ask your local bike shop what they think would be a fair price.
Good luck selling that bike! See you on the trail!