How much is my bike worth?

We recommend using our price recommendation tool, which shows you the best price for your bike when creating an ad. This tool automatically calculates the best price to quickly sell your bike using several of the factors below.

But if you'd like to find the price on your own, here are some tips:

  • Calculate the cost of the bike's components and accessories. Estimate the current market value of each part in used condition.
  • Add the value to determine a baseline price.
  • Factor depreciation based on wear, age, and demand. Deduct this depreciated amount from the total.
  • Consider how much profit you hope to make. Add a reasonable markup to reach your desired selling price.
  • Research similar bikes on our site. Include bikes with a similar age and components.
  • If you don't get much interest, slowly lower your price until demand picks up.
  • Be prepared to negotiate if buyers make reasonable counteroffers. But don't go lower than what feels fair.

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Comments

2 comments

  • Comment author
    Alistair McQuaker

    How do I value my bike

    0
  • Comment author
    Janine

    Hey, thanks for your question! 
    Simply follow the steps outlined in the article.
    I recommend searching for similar bikes on our platform to see the price range of listed bikes.

    If your bike model is in our database, you'll also receive a price recommendation when listing your bike.

    Any more questions? Reach out to customer support—we're here to help!

    0

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