We've all been there. You need to unlock the value of your current bike so you can find a bike for your next adventure. There are plenty ofways to sellyour used bicycle. Some require more or less work than others, and some provide more value for your bike and your time.
Let'slook at the best ways to sell a used bike, how to use TPC's Sell // Trade feature, and the do's and don'ts of selling your used bike.
- Top 5 ways to sell your used bike
- How to sell your bike to TPC
- The do's and don'ts of selling used bikes
1. Sell your bike online to TPC
The Pro's Closet (TPC) operatesthe Internet’s largest used bicycle marketplace.Whether you want tosell outright ortrade-ina bike toward a new purchase on our website,ouronlineSell // Trade process is designed specifically tohelp you get money for bikes quickly and easily.
If your used bike has an original retail price of $2,000 or more, we're interested in evaluating it.There's no need to struggle with listing your bike.
Simply follow the instructions onourSell // Tradepage to submit your bike and you will receive a response within one business day withan offer for the value of your bike if we are interested in purchasing it.
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2. Sell your bicycle to a pawn or used sporting goods shop
If you're lucky, there might be a used sporting goods shop near you that'll buy used bikes. Many modern bike shops don't bother buying and selling used bikes anymore. Otherwise, one of the quickest ways to turn your used bike into cash is to find a local pawnshop. It is the old-fashioned way to turn most items into quick cash. If you're lucky, you may have a shop nearby that specializes in buying, selling, and consigning used sporting equipment.
The advantage here is the convenience of selling locally and completing a transaction the same day you walk in. The major concern, however, is getting maximum value for your bike. Many shops may lack the expertise to understand what your bike is worth, or their business model makes them unable or unwilling to give you the amount you want, especially for high-end bikes.
If you happen to be in Colorado, TPC offers a hybrid solution at our Louisville/Denver bike store. If you’ve received an offer through our Sell // Trade portal, you can bring us your bike in person (avoiding the shipping process), and get paid for your bike ASAP.
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3. Sell your bike online via Facebook Marketplace, Craigslist, oranother website
Online classifieds give you a free platform to list your bike. Just upload some photos and write a description. Once again, getting maximum value for your bike is the greatest concern here. The people who browse online marketplaces are diverse and can range from experts to enthusiasts, to complete noobs. These places are ripe for negotiation, which some people love, but many find it exhausting. If your bike is ofhigh value, expect some low-ball offers and aggressive hagglers.
When selling online, be wary of scammers and bogus offers. Make sure transactions are safe and secure. Many police stations now offer special areas for such transactions to occur. This is also why Iprefer Facebook Marketplaceto Craigslist because you can scope the profiles of prospective buyers to see if they're legit.
Your ad also has to fight for attention, as it continuously gets bumped down by newer ads. If someone isn't searching for exactly what you're selling, they may never see it. If you're up for the work and personal interaction it takes, then it may be the way to go.
4. Sell your bike onPinkBike Marketplace or another website forum
The Internet is rife with bike nerds and online forums are where they tend to gather. There are forums dedicated to every cycling discipline imaginable, from specific ideologies to brands to interests. Many cycling sites have specific buy and sell forums, which are slightly more educated versions of your local online marketplace. Still, visibility can be hit-or-miss depending on the site or bike, and you may run into low-ballers, potential scammers, or lack of views.
Remember, if your bike doesn't sell locally, you'll have to pack and ship your bike. This costs money (sometimes a lot!), and if you don't have the materials or experience, it can be difficult. Selling your used bike on a forum can be a bit of extra work, but it can help you find a specific type of buyer that you might not be able to find locally.
5. Sell your bike on eBay
eBay allows you to reach a pool of buyers that spans the globe. You have to deal with shipping and eBay fees, but in exchange, you get good visibility and a better chance that your bike sells.
You'll need to developa reputation through positive feedback. Often, buyersprefer trusted sellers with good ratings. This isn't to say that you can't sell with poor or few ratings, but if you don't sell often or you're selling for the first time, there's a chance that you could be missing out on some buyers willing to spend a little more for confidence and security.
eBay is also a popular option for the “part-out.” Many enthusiasts will search for specific bike parts. If you're having trouble selling your used bike complete, or you want to maximize your return by splitting your bike into its components. With eBay's global marketplace, you can likely find that one (or hopefully more) buyers looking for what you're selling.
How to sell your bike to TPC
We get it. There's a premium bike in your garage. You used to love it, but now it's not right for you. That's where we come in.
We have a proven, efficient system to buy bikes from cyclists like you.Whether you want the cash or you're ready to trade-in for your next bike, our goal at TPC is to provide you with exceptional customer service and a trouble-free way to sell your bike.
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We will offer to buy your bike upfront so you don't have to deal with the hassle of selling your bike through an online marketplace.
Simply follow the steps below and we will send you aquotefor your bike within 24 hours. If you have a high-quality used frame or wheels, we're interested in those too! It doesn't matter where you live in the U.S. We cater to clients across the country, andwe are committed tooffering a fair price for your used bicycle.
Go to Sell // Trade and enter your bike details
Visitour Sell // Trade page. You willbe asked to log in with yourTPC account. If you don't have an account, it's quick and easy to create one.
From the Sell // Trade page, selecteither bike, frame, or wheels, depending on what you're selling. Eachitem will require its own submission.
Fill out the submission form totell us about the bike you have to sell.You will need to know the make, model, and year of your bike. This informationmust be accurate forour team of expertsto give an accuratequotefor your bike's value. If you are unsure of any of these details, please contact our Ride Guides for assistance.
Ifthere is any damage, oryou have made any upgrades or downgrades to the bike, please describe them in this form. Thesewill affectour quote for your bike. If your submission is accurate, it will make the process easier and quicker for everyone!
Upload photos of your bike
You will be asked to upload a drive-side and non-drive-side photo ofyour bike. Make sure your photos are clear and well-lit so ourteam can make an accurateappraisalof your bike.
You will be able to upload up to three additional photos to show upgrades or damage.
Describe the condition
You will be asked to describe the condition of yourbike using a 1-5 scale. A condition guide will be provided to help you assess your bike's condition
Our team methodically prices eachbikebased on the make/model/year and its condition. If we receive a bike in worse condition than expected, we will have to adjust the offer, potentially delaying the process. So please honestly assess your bike's condition.
Submit your bike
After submitting, you will receive an offer for your bike within 24 business hours. You will be able tochoosebetween cash payment via PayPal or store credit with TPC. Note that store credit willbe valued 10% higher.
Ship your bike
We will email you a prepaid shipping labelfor your bike. Ensure that your bike is safely packedso it does not become damaged in transit. Damaged bikes will be returned or have their offers revised.
If you're worried about properly packing your bike for shipment, our Shipping Manager, Steve has a few helpful tips:
- Make surethere is norub or contact between metal and carbon fiber, such as the front wheelagainst the frame, or handlebarsagainst the frame. Use adequate packing material to protect areas of contact.
- Make sure nothing can move around in the box, such as the front wheel, handlebars, seatpost, or other small parts.
- Make sure the box is free of any old shipping labels. Take a photo of the box before shipping to record its condition.
Read our complete guide to safely packing your bike for shipping.
Receive payment
Once your bike arrives and passes inspection, we will send your store credit or payment viaPayPal.
Thanks for choosing TPC to sell your bike! We're confident that we offer thehighest level of customer service and the easiest way to unlock the value of your bike.
[button]Sell Your Bike[/button]
The pros and cons of selling your bike on eBay, Craigslist, or Facebook Marketplace
Pros | Cons |
Sell from the comfort of your home | Shipping your bike can be a hassle and cost a lot |
Receive payment via PayPal or other cash apps | Many hagglers and scammers |
Get a larger audience. This helps increase your bike’s value | Some sites require you to build a good “reputation” |
So, how do you avoid these cons of selling online? Well, with TPC, you deal directly with us. You have the option for either cash or store credit, and receiving payment is fast and easy via PayPal. Worried abou those high shipping rates? We have you covered, shipping is free for all bikes we purchase! Best of all, our team is available every day of the week to answer any questions you may have!
The do's and don'ts of selling used bikes
DO clean your bike before selling. Do you want to buy a dirty bike? Put yourself in the customer’s shoes. A clean bike gives potential buyers the confidence that your bike has been loved and well maintained.
DON'T sell your bike with extras. Pedals, computers, and spare wheels generally don't add much value to a bike sale and can be sold on their own for better money.
DO provide details of any upgrades you've made to the bike. Newer,higher-end components can add value to you bike.
DO make sure to outline anything that is wrong with the bike. Scratches and dents are inevitable on a used bike and nothing is worse than surprising your buyer with a bike in worse shape than they had expected. Be transparent and advertise the bike honestly.
DO take as many photos as possible. The old saying, “photos are worth a thousand words” is especially true when selling a high-end bike. Show off your bike in great detail and make sure to take photos using a background that won’t distract from the actual bike. If you don’t have access to a professional photo studio, we recommend using a concrete wall or a solid colored garage door.
DO give your bike a tune-up. Making sure your bike is ready to ride will give buyers the confidence that they won't have to do any serious maintenance once they purchase from you. Apply these simple principals the next time you want to sell your bike and once the dust settles, you will notice your wallet will be a little fatter.
