Finding a place to buy or sell a used bike is fairly easy; determining a fair price and feeling secure in handing over a big chunk of cash is the hard part. Bicyclebluebook.com has a solution. By compiling sales prices and other data for thousands of used bikes going back seven years, the upstart website has created a list of suggested values for most bikes from the past 20 years. Plug in the make, model, year and condition of a bike and Bicyclebluebook.com gives a fair price range for that bike.
You can take that price (and the confidence that comes with it) to shop for a used bike anywhere, or go to Bicyclebluebook.com’s own marketplace to sell or buy. While the site has relatively few bikes listed so far, it is a secure place to buy a bike on the web. The seller must bring the bike to a local shop for an inspection or ship it off to Bicyclebluebook.com’s headquarters. The site charges the seller 5 percent of the sale price up to $250 as well as a $25 inspection fee.