Selling anything can be stressful. Gone are the days when a simple classified advertisement in a newspaper. Today the internet is the venue for selling your trusty bicycle. Further, it can be tricky even to post your bicycle for sale online, as word-wide-web can be a place for scammers and unscrupulous types. Kijiji.ca used to be a trusty place, yet even a safe platform like that could invite a tricky interaction.s. Today, the safest place is Facebook marketplace. Why? Simply put, in order to post anything, a person has to have a Facebook profile, and its easy to visit a prospect’s personal feed and see how long they have been on the platform.
Whether you are selling your old bicycle online or at a garage sale, there are steps to take to get the best and fairest price.
Here is a step-by-step guide on how to sell a bicycle effectively:
1. Clean the bike: A clean bike looks more attractive, so start by giving the bike a thorough cleaning, washing off any dirt, dust, or mud. This will make the bike look more appealing to potential buyers and give the impression that it is well-maintained.
2. Inspect the bike: Inspect the bike for any damage, wear and tear, or mechanical issues. Ensure that the brakes, gears, wheels, and other components are all functioning correctly. If possible, get any issues repaired before selling the bike.
3. Set a selling price: Do some research to determine the bike’s current market value and set a fair price based on its condition and age. Consider the original purchase price and how much use the bike has had. A great place to get a fair valuation is the Bicycle Blue Book. Keep in mind that the prices given is in US dollars and convert accordingly to CDN.
4. Take good quality photos: Take some good quality photos of the bike from different angles to show the bike’s condition and features. Highlight any unique or valuable parts of the bike and include them in the photos. Make sure to display the bicycle on the drive-side, showing the chain, derailleurs, and crankset.
5. Write an accurate and detailed description: Write an accurate and detailed description of the bike, highlighting its features, technical specifications, and history. Be honest in your description and make sure to include any noticeable drawbacks or defects.
6. Advertise the bike: Advertise the bike on online platforms such as Facebook Marketplace, Craigslist, eBay, or other local social media platforms, and in cycling groups or forums. Make sure to include the photos and description to attract potential buyers.
7. Negotiate: Be prepared to negotiate with potential buyers on the price and terms of the sale. Be open to reasonable offers and willing to answer any questions about the bike.
8. Finalize the sale: Finalize the sale by exchanging payment and completing any necessary paperwork. Make sure to provide the buyer with a receipt of purchase and transfer any warranties.
Selling a bike requires some preparation, attention, and transparency to make it an effective and successful transaction. Always, secure payment before releasing possession of the bicycle, and be careful about people wishing to test ride the bike outside your vision.