Get the estimated market value of your used bike. This tool helps you in getting an idea about the price of your second hand bike so that you can quote the right value while selling. Our Value Guide provides the most comprehensive, reliable, and accurate valuation for bicycle values based on condition, year, brand, model and MSRP.
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Value guide Accurately value your bike We are the cycling industry's definitive valuation authority. Get an instant valuation before choosing to buy, sell, or trade. Learn More Marketplace Find the perfect bike for you Filter through thousands of used bikes to find exactly what you're looking for. To get an estimated value of your bike, just fill out a few quick and easy questions on our calculator. Keep in mind that the calculator is only designed to give you an estimated value, so we recommend reading this entire article to help obtain a more accurate valuation. Table Of Contents Understanding Your Bike's Resale Value Our calculator uses a formula that assesses the main factors in bicycle value. It takes the purchase price, then assumes a 50 percent deduction within the first year. Then it assumes a loss of 10 percent each year, which is multiplied to the power of 'n' where 'n' is the age of the bicycle. The Bicyclevalues.com valuation tool was created from years of data, research, and industry experience. We've compiled data from thousands of bicycles bought and sold over the years to design and develop our Bicycle value guide. Are you in the market to buy or sell a used bike?
Bicycle value calculator
A new bicycle will depreciate anywhere between 21% up to 45% on average based on factors such as the brand, type of bike, and the cost of the new bike. Brand Value Some brands such as Trek, Specialized, and Cannondale bicycles hold their value better than others because they are truly one of a kind or have a rich history that many people recognize. The Used Bike Value Calculator is a web-based utility designed to provide a precise estimate of a used motorcycle's worth. Before delving into the intricacies of the calculations, let's walk through the essential steps for efficient use of this calculator. Step 1: Input Bike Details Since used-bikes typically sell below their asking price, our analysis tracks actual sale prices to determine Private Party Value. Real-time Algorithm. Our algorithm considers a bike's age, brand, type, frame material, suspension, condition, components, wheel size, modifications, manufacturer and retailer discounting and the depreciation that. Kelley Blue Book regularly updates its motorcycle values to give consumers the pricing information they need. Popular Makes Ducati Indian Kawasaki Suzuki Triumph
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Method #3. Parts Value. The last method is what I like to call "parts value". This is where we break down the main components of the bike for what they would sell for to come to a valuation of what our bike is worth. Here again, we will use the Lynskey as an example. Bicycle Blue Book value estimates the market value of your used bike based on model year, component spec, and condition. This value can be indispensable knowledge when it's time to sell , but there are limits to its accuracy. For starters, Bicycle Blue Book's database is not comprehensive.
Bicycle Blue Book values are calculated by combining data from private parties and analyzing the average price of bicycles. For instance, a Specialized SL4 Tarmac 2017 sells for about $1115 at a private party value, but only a trade-in value of $725. Using this information, you can trade-in your bike or sell it on the market. This requires certain information about a specific bike; the core information includes the cycle's base price and age. We input this information into the fields of the calculator. Here's what a basic calculation formula looks like. Resale Value = (Bike price / 2) x 0.9n. Where n = bike age -1.
Bike Book Value Calculator BOKCROD
One way to estimate a used bike's value is to use an online bicycle value calculator. These calculators consider various factors, such as the bike's make and model, year, and condition, and provide a reasonable estimate of its value. One popular bike value calculator is Bicycle Blue Book. For road bikes, lower mileage is generally preferred, but well-maintained bikes with higher mileage can still be in good condition. How much does a good road bicycle cost? A good road bicycle can cost anywhere from $1,000 to $5,000 or more, depending on the brand, frame material, components, and features.
