General Discussion Triathlon Talk » Used bike: Bicycle Blue Book vs. reality Rss Feed  
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2017-10-21 7:32 PM


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Subject: Used bike: Bicycle Blue Book vs. reality
I am in the market for a used bike. The market in my area is nonexistent, so I am looking online. I have made a few offers, but none have been accepted at this point. When comparing prices on advertised used bikes, the asking price is always significantly higher then bicycle blue book.

Anyone ever have any experience buying a used bike and was the final purchase price anywhere close to the values listed at https://www.bicyclebluebook.com/SearchBikes.aspx?

Thank you for any input!


2017-10-21 9:56 PM
in reply to: QCA Tri

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Extreme Veteran
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Subject: RE: Used bike: Bicycle Blue Book vs. reality
I've found blue book to be very close in the instances where I've used it. Sounds like people around you might just really love their bikes and think they're worth more than they are.
2017-10-22 7:01 AM
in reply to: pistuo

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Subject: RE: Used bike: Bicycle Blue Book vs. reality
I just looked up my bike and while it is probably worth the $1800 listed on that website, I would not pay that for it. As it is used I would be expecting a significant discount.
2017-10-22 9:58 AM
in reply to: QCA Tri

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Katy, Texas
Subject: RE: Used bike: Bicycle Blue Book vs. reality
It could depend upon the add ons as well. For example, if the bike has a power meter, add anywhere from 300-800 depending on the model, which can almost double the price of a used bike. Same thing with carbon wheels, or upgraded components. If it's just the stock bike, then yeah, blue book is pretty accurate.
2017-10-22 10:26 PM
in reply to: 0

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1508
1000500
Cypress, Texas
Subject: RE: Used bike: Bicycle Blue Book vs. reality

The blue book price is what I used for my reference both times I bought a used bike.  If the seller bought a stock bike and never did any up-grades, then the value in the blue book (or a little less) is what I would be willing to pay.  If they have done up-grades or are throwing in extras (i.e. deep dish wheels, pedals and bike shoes, power meter, hydration system, bike computer, etc.)  Then the blue book price will be under value.



Edited by BlueBoy26 2017-10-22 10:28 PM
2017-10-23 10:11 AM
in reply to: QCA Tri

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Subject: RE: Used bike: Bicycle Blue Book vs. reality

I use BBB as a good resource for pricing bikes.  Bikes are typically priced significantly over their market values, from what I can tell.  You can also get on eBay and see what bikes of that model have been going for.

And, as always, if you have time to wait, you'll find a good deal.  Got the tri bike on eBay, and the road bike on Craigslist.



2017-10-23 3:03 PM
in reply to: QCA Tri

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Aledo, Texas
Subject: RE: Used bike: Bicycle Blue Book vs. reality

When you made your offers, did you reference the blue book? If not, you might want to (I'm willing to pay $x, which is what bicycle blue book says . . .). That at least lets the seller know where you're coming from. He might counter or explain why that price is no good. Or he might end up taking your offer.

2017-10-26 10:23 AM
in reply to: QCA Tri

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Subject: RE: Used bike: Bicycle Blue Book vs. reality

I sold my 2013 Felt B12 this past summer.  I used BBB for the initial guide in pricing then added $ based on the upgrades over OEM and bargaining headroom.  Sold it pretty much for what it was worth based on BBB + upgrades.

2021-04-23 6:43 PM
in reply to: QCA Tri


1

Subject: RE: Used bike: Bicycle Blue Book vs. reality
(Browsing old threads to get insights)
For me, Bikes are typically priced significantly over their market values. I got mine on Ebay, and no regrets. Worth the price!
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