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How To: Find Your Used Bicycle Blue Book Value

How to Determine Your Used Bicycle Blue Book Value

The Pro’s Closet is staffed with a team of bicycle experts who valuate high end bicycles, daily. In this post, we will provide you with some of our bicycle valuation strategies. Note: we lead the market in high end pre-owned bicycles. These strategies may not be applicable if your bike had an original MSRP of $1,500 or less.

The market value, or “blue book value,” of your used bike is indispensable knowledge. It lets you know what you should ask for and what you should accept for your bike when it comes time to sell. But how do you determine the used bicycle blue book value?

You don't need to be an expert to determine your used bicycle blue book value

You don’t always need to be an expert to determine the used bicycle blue book value!

In my experience the best way to determine a bike’s blue book value has been to use the same resource I use to sell most of my used bikes: eBay. eBay is the online marketplace for anything used and its growing cycling marketplace is powered by a vast global network of buyers. People go to eBay in search of bikes on every end of the spectrum, from bargain basement to high-end. As a result, most types, styles, and brands of bikes have changed hands on eBay at one time or another, making it the perfect tool to determine a used bicycle blue book value.

eBay’s selling format and vast customer base makes it very easy to see what people are actually paying for specific bikes. Compared to other methods, I prefer eBay because it provides recent real world examples of successful sales.

Bicycle values are not a static thing. They fluctuate, which is why other bicycle blue book databases give you vague ranges of values. It can be affected by a number of factors, ranging from the amount of available inventory on the market and the quality of inventory, to fashion and trends, to something as simple as the changing of the seasons. eBay allows you to monitor the blue book value of a bicycle in real time and make the most accurate determination of your bike’s current value.

Bicycle blue book value can change with the seasons. Road bikes , for example, usually sell for less in the winter than in the spring.

Bicycle blue book values are in constant flux. They can change with the seasons. Most bikes tend to sell for less in the winter than in the spring.

Let’s Begin

Option 1: eBay

Using eBay to determine a used bicycle blue book value is easy. I rely on two tools for collecting data from past auctions. The first is the most obvious, eBay’s own search engine. It’s always best to start the parameters of your search as narrow as possible. The more specifics about your bike you can input into the search, the more accurate the results will be. Start by inputing the yearmake, and model of your bike and any other relevant or unique information such as series, or edition.

Say, for example, race season has passed and you decide to finally sell your Cannondale CAAD10 so you can upgrade to the CAAD12. You’d input something along the lines of: 2013 Cannondale CAAD10 3 (year, make, model, series). For increased specificity select ‘Sporting Goods’ from the drop down menu on the right side of the search bar. You can also select ‘Shop by category’ to the left of the search bar to enter the eBay cycling category.

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When you hit enter, eBay will take you to the active listings for your bike. This is an inventory of what sellers are currently asking but it is NOT representative of what it is worth. To begin to assess the used bicycle blue book value, click the ‘Sold Listings’ checkbox under the ‘Show Only’ heading on the left.

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This is where we begin to see a picture of your used bicycle blue book value. In this example, we see three listings. One Caad10 3 has recently (within the last three months) has sold for $760. We also see two that had been listed at $1199.99 and $1400 that sold, where the seller accepted a ‘best offer’. eBay provides a handy metric here. Under the first listing price eBay has a caption that states: “Trending at $1,250.00.” eBay estimates this number based on similar items that have sold in the last 14-90 days.

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At this point you can begin to expand your search to include more results if you want more information. Maybe drop the 3 after CAAD10 or search without the model year because some listings do not include all the relevant information.

It is important that you compare the condition of your used bike with that of those that have sold. For example, look at the photos and description of the CAAD10 that sold for $760. Is your bike in better or worse condition? If you’ve expanded your search, is your bike newer or older than the examples you’re finding. Is your build spec (the level/tier of the components on the frame) higher end or lower end in comparison? How recently did it sell? Also keep in mind that size, location, and the quality of the photos can affect the sale price of a bike. An extreme size, long distance shipping, and bad photos can all work against a used bicycle’s blue book value, while average sizes, close/free shipping, and good, detailed photos can work for it.

By finding bikes similar to your own and making these comparisons, you can begin to paint the picture of your used bicycle’s current blue book value. Maybe in this example, your CAAD10 is closer in condition to the one listed at $1400. This, however, seems high and maybe too optimistic. Ideally you’d like to know exactly what the best offer was that the seller accepted. Or maybe you want to take all the of the sold prices and average them to get a sense of the mean selling price.

Option 2: Checkaflip

This is where, Checkaflip, the second tool I like to use to determine used bicycle blue book values becomes very useful. Checkaflip is a handy search engine the compiles data from sold listings on eBay. It draws all of its data from items sold in the last three months, so it is always current.

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As you can see, when using the same search terms as eBay, Checkaflip will present the exact same listings. The difference here is that the prices displayed represent the offers the sellers accepted. For the $1400 listing it shows that the bike sold for $1100. That means if your bike is comparable then it is likely worth close to that amount, and it is conveniently close (though just a bit below) what eBay reported as trending. Checkaflip also provides two very handy metrics at the top of the page. The first is the average selling price compiled over the last three months. In this case it’s $1015. The second is the sell-through rate. This lets you know how well the bikes sold at that average price. Anything above 50% is a fairly decent sell-through rate and the higher it is the better the bikes are selling.

So after doing all this, you should have a fairly good sense of your used bicycle blue book value. In this example, the CAAD10 is comparable in condition and build to one selling recently for $1100, CAAD10s in general have been selling well for the last three months at around $1015, and let’s say this one is a common size, and you’ve taken great photos. You can fairly confidently figure your CAAD10 is worth at least around that $1015 mark up to maybe just past the $1100 mark. Armed with this as the bicycle’s blue book value, your selling strategy then is up to you.

Option 3: The Pro’s Closet

If you don’t have the time to determine your own used bicycle blue book value, then The Pro’s Closet (TPC) can definitely help. With expansive expert knowledge and experience in all sorts of high end bikes, plus the resources to collect every possible bit of information, TPC can determine your Trade-In value quickly, accurately, for free, and with no obligations. To make things even easier, TPC can make you an offer of your bike, today!

For more information, visit The Pros Closet’s website to learn about Selling, and Trading your used bike.

 

COMMENTS

  1. I have a used saintropez street winder bicycle. I don’t know the year or value. The bike is a 27″. Not sure how many speeds. Maybe a 18 speed. Has three shifts and six hub sprockets. Engineered and design by Ross bicycles USA. made in Taiwan. Sold by wheel easy bicycle store Dover De. No-longer in business. So maybe you can help or suggest something. I have heard it’s a mid-eighties bike. It’s in excellent shape , almost show room condition

    • Hi Clyde,
      Unfortunately, the Saint Tropez bicycles did not hold their value. I can’t give you an exact value without seeing photos of the build spec, but perhaps you can place a feeler thread on a vintage road cycling forum or even on Craigslist.
      Best of rides,
      Jarrad

  2. I have a 2011 GT hybrid traffic 2.0 kept in great condition always stored inside, and used much. I was wondering what I could sell it for in my hometown of Portland Oregon?

    • Hi James,
      Cool bike! It’s hard to give a precise value without seeing the bike but ballpark, your bike is worth approximately $600.
      Thanks for reaching out,
      Jarrad

  3. Just seeing what you’d value a Specialized Tarmac Pro Race Frameset (BoB color) with seatpost and fork would go for? I’m a mechanic by trade and have kept this things in great condition. BBB took off frameset pricing so I’m a bit lost now lol.

  4. I have i believe an 80’s raleigh pursuit 575sl in great condition black and taninsh gold color. Looking for value to sell.

  5. 2008 Townie Electra 21 blue women’s bicycle paid $365, also 3008 Townie Electra 21 blue men’s bicycle paid $365, both in very good condition, serviced annually, can’t ride any more due to health reasons

    • Hi Bob,

      Thanks for reaching out. The value of your bicycles will be in the $100 – $150 range. Unfortunately, your bike falls below the price range of what we usually purchase.  Between shipping costs and eBay/Paypal fees, there’s just not much money to be made for either of us.

      I would advise trying to find a local buyer on craigslist.  Thanks and good luck!

      -Jarrad

  6. Hi Jarrad,

    I’m trying to find a bike for my wife. Found a 2011 Bianchi Camaleonte Sport 1 on CL in brand new condition (ridden a handful of times). bicyclebluebook.com has it valued at ~$200 which to me seems low actually. Honestly, all their valuations seem low. If you don’t mind, what do you think?

    Thanks!

    • Hi Mark,
      To the right person, your bike should fetch $400. If you’re looking to sell your bike on Craigslist or the local classifieds, start it at $400 and be willing to negotiate.
      Cheers,
      Jarrad

  7. hey, i have a great condition 2011 trek madone 4.7. also 2013 felt f65x, great condition as well. not excellent/new or anything, but great. may i get an appraisal for both please! thanks in advance!

  8. I have a schwinn chicago plant beach cruser with 2 stroke motor i want to sell im trying to go elictric its easer on me bad jart now any help

  9. I have a 2008 Specialized Langster – Chicago edition completely stock with very low miles original tires are barely worn. How much would this be worth and if you can’t find them are they more valuable like a collector bike?

  10. I have a 2006 Trek Madone 5.5 in excellent condition, no flips, no accidents. I am the original owner and haven’t taken it out in about 3 years due to neck issues. I’m asking $1200 for it…is that a fair price for this model? It has been well maintained and wall mounted.

  11. I have a 1984 fuji boulevard 10 speed
    excellent condition…red..fat tires
    VAlite frame, all original parts.
    Market price

  12. I just bought two bikes that are his and her 7 speed bikes that are made by a company called ridgeway and words vertical are on the frame as well. I can not locate this brand of bike anywhere on the internet.

  13. I ,have an old Huffy Fiera? I think thats what it’s called. It’s got original everything on it except maybe the hand grips. At least that’s what the gentleman told me. He said he knew it was old based on where the serial number was and the fact that it had a sticker for some Bicycle Safety Admin. Or something along those lines. It’s not in the best shape ever, but if it’s all original like he said, the compared to how old it is, it really is in decent shape. Any helpful info?

    • Hi Darrian,
      Thanks for reaching out. The Huffy brand was never high-end and therefore the bikes do not hold their value. I’d say it worth the amount someone is willing to pay.
      Best of luck with your sale,
      Jarrad

  14. Hey! I’ve been recently looking to buy a road bike and honestly don’t know much about them, I was just at a local sporting goods store and came across a 2013 GT series 2.0 never off the shelf. The bike was a good fit I just dont know what the reasonable price would be for a new 4 year old bike?

    Cheers,

    Matt

  15. I have a 2009 Kona Sutra in good condition, a few scratches in the paint. Quite a few upgraded parts. There are close to no Sturas for sale on the internet, so it’s hard to judge the worth. Any ideas?

  16. I have 3 1996-97’ish (?) Raleigh mountain bikes: M55, M30, M20
    They all have been garage kept and appear in good condition (but will need new tires & brake pads).
    I live in Dallas, Tx.
    Can you give a ballpark value, and idea on best way to sell?

  17. Any thoughts on the value of a 2006 Specialized S-Works Tarmac carbon frameset (frame, fork, integrated headset), which is in good to very good condition? Thanks.

  18. Hi,
    Looking for a value on a 2003 Fuji Cross. All original components, excellent condition, not ridden much.
    Thanks,
    Mike

  19. I have a 2004 Litespeed pisgah full XTR,MAVIC CROSSMAX WHEELS,EASTON CARBON SEATPOST AND HANDLEBARS,FOX R80 Airfork,in mint condition. No scratches,scuffs etc. Over $4500 new. Any idea of current value?

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