It’s a question we encounter daily, ‘How much money can I get for my used bicycle?’ We are here to walk you through the tools on eBay to help you determine your bike’s current ‘Blue Book’ market value.
Before we begin, if need help to determining your bike’s value, we can generate a custom value for you, simply click here. For the diy crowd, please continue reading.
Lets say you want to sell your 2013 Specialized Enduro Comp mountain bike. You’ve made some good memories with this rig but it’s time to set it free and buy a 29er. After you dry your tears, the first thing you should do is hop onto eBay and input the bike’s year, make, model, and series into the search bar. The more information you give the search engine, the more accurate your search results. To keep the search focused, select ‘Sporting Goods’ from the drop down menu on the right side of the search bar. For bonus points, you can select ‘Shop by category’ to the left of the search bar to enter the eBay cycling category.
Hit ‘Enter’ and the search engine will begin scouring the eBay database for your beloved bicycle. The landing page will show you all active listings for your bike. Note that this shows you eBay’s current inventory of what sellers are asking, but not what your bicycle is worth. Remember, anyone can ask any price so in order to track down your item’s true market value, you will need to click ‘Sold Listings’ in the left navigation pane.
Once, ‘Sold Listings’ is selected, you will see all of the 2013 Specialized Enduro Comp bicycles that have been sold over the past 90 days. This is where you will begin to see the value of your bike take shape. Below, we see five bikes, four that have sold (in green) and one that has not (in red), ranging from $1,436 to $2500. Now it’s time to do some detective work. Analyze the listings to find out what has caused the discrepancy in price and where your bike might land in this spectrum. Keep in mind that not only does condition, size, and build spec effect the price but also the photographs, description, countries the seller ships to and the seller’s feedback rating. [See, ‘Selling a Used Bicycle’ for do’s and don’t’s for selling your used bicycle.]
If you think your bike is comparable to the Enduro that sold for $1436 but the listing had poor photographs and a short description, you can value your bike at a slightly higher price. On the flip side, if your bike is closer to the Enduro that sold for $2500 but has a little more damage, you can value it at a slightly lower price. Take this time to research all of the completed listings and you will determine your bicycle’s true market value.
Now that you have determined the price for your bike it’s time to make your auction listing. If you don’t have the time or patience, we can do all of the work for you! We have a staff of professional photographers, auction managers, shipping experts, and customer service representatives ready to help you get the most value out of your bicycle! We’ll make your item shine with a full detail of your bike, professional photographs, all the auction science to help your used bicycle get seen in a worldwide marketplace, answer any buyer questions, and ship it to its new home. For more information, visit our Sell Your Bike Page.