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How To Sell Your Used Bike (The Easy Way!)
Selling a used bike can be a giant pain! As a bike reviewer, I sell a lot of bikes, and I cant even tell you the number of times Ive wanted to rip my hair out dealing with potential buyers on classified sites. There are the folks who will ask you a million questions and then ghost you, folks who will give you outrageously low-ball offers (or ask to trade), and dont even get me started on folks who just never show up.The good news is that Ive recently discovered an easier way to do it! Cycle Limited is an online retailer of pre-owned bicycles that will buy your used bike from you.Unlike classified sites like Facebook marketplace or Pinkbike, where you have to deal with buyers yourself, Cycle Limited will actually buy your bike from you outright and then list it on their site.Selling This 2022 Pivot FirebirdTo test the process for myself, I decided to see how much I could get for this 2022 Pivot Firebird thats been sitting in our garage for a while. The bike actually belongs to a buddy of ours. After unsuccessfully trying to sell the bike himself in the DC area, he asked if we would take it. Our local market has more demand than his, and he thought it might sell faster here.Spoiler alert: it did not. Turns out the post-COVID bike slump is a real thing.After sitting on Pinkbike for several months with no bites, he agreed to let me see how much we could get for it by selling it to Cycle Limited. The original (unsuccessful) Pinkbike listingSubmitting The Bike To Cycle LimitedNow, Cycle Limited doesnt take just any bike. It has to have an original retail value of $1,500 or more, be a model year 2010 or newer, and it cant be broken. We were good in all those areas, so moved on to filling out their online form.I was super careful to provide plenty of information on the bike, including all parts that were different from the original spec, and took pictures of wear, scratches, and damage. Screenshots from my online form submissionId been told by friends who had used Cycle Limited previously that if you dont properly disclose all this information, they might reduce the price you ultimately get after theyve inspected the bike in person. By then, youve already shipped the bike, so make sure youre honest and upfront about the condition of the bike so that you dont end up with any headaches later.Receiving An OfferI submitted the form at 12:52p on a Monday, and received an email response at 12:06p on Tuesday. Less than 24 hours, and within the 1-2 business days that they generally aim to respond within.The offer came in for $3,400 in store credit or $3,050 in cash. This felt like an amazing offer considering that youre going thru a middle man. The offer I received from Cycle LimitedYes, the offer was a little less than my buddy had been asking on Pinkbike, but he was also ready to be done with the hassle of trying to sell the bike.Boxing Up And Shipping The BikeOnce you accept the offer, youll get a pre-paid shipping label. To ship the bike, you need a bike box and shipping materials. Im fortunate in that we get a lot of review bikes, so I had a bunch of shipping materials and a bike box on hand.If you dont, go to the UPS store and get some bubble wrap and foam. Youll also need zip ties and tape to secure everything, and newspaper to fill the box. Cycle Limited has instructions on their website on how to package everything. It takes a little bit of time, but its not hard.For a bike box, call or visit your local bike shop and ask if they have any spares you could take. (They usually do). They may even have extra shipping materials if you ask nicely.Once you have the bike boxed up, tape it up, slap the pre-paid label on the box, and drop it off to UPS.Getting Paid & Final ThoughtsOnce Cycle Limited receives the bike and inspects it, theyll pay you on the 12th business day following. You can request payment via check or PayPal.The whole thing is pretty darn simple. Its not THE easiest sales process Ive ever been through (that would be selling a bike to a local friend), but if you havent had any luck with that, then Id say selling to Cycle Limited is the next best choice.You dont have to deal with unreliable buyers and you get cash (or store credit) fast. I was pleased with how straightforward and easy the process was. Other Stuff You Might LikeHow To Buy A Used Bike (Dont Get Scammed!)How to Clean and Lube Your Bike Chain (Its Easy!)Training Zones For Cycling ExplainedAbout The AuthorKristen Bonkoski is a USA cycling and NICA coach, bike educator, and founder of Femme Cyclist.Shes also the host of the Femme Cyclist podcast and runsRascal Rides, a website about biking with kids.Shes been riding bikes for more than two decades and is passionate about empowering women on the bike.IG:@femme_cyclistJoin Kristens Weekly Newsletter!The post How To Sell Your Used Bike (The Easy Way!) appeared first on Femme Cyclist.
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