How much is my bike worth?

There are a few things to consider when trying to decide on a price for your bike. Here are our recommendations: 

• Break down the bike's components and accessories. Estimate the current market value of each part in used condition.
• Add up 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.

Updated June 06, 2024 19:56