General Discussion Triathlon Talk » luck selling bike online or on BT? Rss Feed  
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2010-12-07 12:50 PM

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Master
1699
1000500100252525
Malvern, PA
Subject: luck selling bike online or on BT?
just got the Ok from the wife to start the look for a new bike in the next 2-8 months depending on what deals are available over that time period...

....so obviously i need to try and get something (anything) for my current bike - 2005 FELT S25

anybody sold their bike on BT or on EBay or other sites?

how did it work out? did you get close to what you were asking? did you have to wait a while before finding a buyer? Lots of back and forth? Shipping a pain?

Any tips and advice would be greatly appreciated!!!

Thanks!



greg

 


2010-12-07 12:54 PM
in reply to: #3239919

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Subject: RE: luck selling bike online or on BT?
I've sold two bikes and a set of wheels here and on ST. Never sold anything on ebay.

One or two back and forths about price, no one really lowballing me. Packaged by my LBS and shipped via the Staples right beside my LBS.

Whether you are going to wait or you get close to what you're asking depends on way too many things to be of any help.
2010-12-07 12:56 PM
in reply to: #3239930

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Master
1699
1000500100252525
Malvern, PA
Subject: RE: luck selling bike online or on BT?
DanielG - 2010-12-07 1:54 PM I've sold two bikes and a set of wheels here and on ST. Never sold anything on ebay. One or two back and forths about price, no one really lowballing me. Packaged by my LBS and shipped via the Staples right beside my LBS. Whether you are going to wait or you get close to what you're asking depends on way too many things to be of any help.


did you get close to your asking price? how far off? how long was your wait? It still would help me to know...

2010-12-07 1:02 PM
in reply to: #3239935

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Subject: RE: luck selling bike online or on BT?
maxmattmick - 2010-12-07 1:56 PM

DanielG - 2010-12-07 1:54 PM I've sold two bikes and a set of wheels here and on ST. Never sold anything on ebay. One or two back and forths about price, no one really lowballing me. Packaged by my LBS and shipped via the Staples right beside my LBS. Whether you are going to wait or you get close to what you're asking depends on way too many things to be of any help.


did you get close to your asking price? how far off? how long was your wait? It still would help me to know...



It would completely depend on:
Your asking price, look at ebay sold items of the same type and price it in there
Time of year, early season versus off season. Right before Christmas versus June.
Type of item, $400 new bike or $10,000 new bike I'll bet they sell differently

Too many things variable. The stuff I sold went both immediately and after a few weeks as well as on the second listing three months later.
2010-12-07 1:04 PM
in reply to: #3239919

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Champion
7233
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Subject: RE: luck selling bike online or on BT?
over the years, both mine and others, i've sold 5 bikes online. 1 through ebay, 1 on craigs, 1 on BT, and two through ST.


I've got an acceptable amount each time, and only once was shipping a pain (frame going into canada and size issues).
2010-12-07 1:08 PM
in reply to: #3239919

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over a barrier
Subject: RE: luck selling bike online or on BT?
I would first try craigslist and try and find someone local, then here or ST, and finally Ebay. Ebay would make me very nervous for large ticket items.


2010-12-07 1:14 PM
in reply to: #3239943

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Master
1699
1000500100252525
Malvern, PA
Subject: RE: luck selling bike online or on BT?
DanielG - 2010-12-07 2:02 PM
maxmattmick - 2010-12-07 1:56 PM
DanielG - 2010-12-07 1:54 PM I've sold two bikes and a set of wheels here and on ST. Never sold anything on ebay. One or two back and forths about price, no one really lowballing me. Packaged by my LBS and shipped via the Staples right beside my LBS. Whether you are going to wait or you get close to what you're asking depends on way too many things to be of any help.


did you get close to your asking price? how far off? how long was your wait? It still would help me to know...

It would completely depend on: Your asking price, look at ebay sold items of the same type and price it in there Time of year, early season versus off season. Right before Christmas versus June. Type of item, $400 new bike or $10,000 new bike I'll bet they sell differently Too many things variable. The stuff I sold went both immediately and after a few weeks as well as on the second listing three months later.


thanks for the info, Daniel... every little bit will help me make teh right decision...

2010-12-07 1:21 PM
in reply to: #3239919

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Melon Presser
52116
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Subject: RE: luck selling bike online or on BT?
I've sold one bike here on BT, one bike on Craigslist, and most of the parts of another bike on Ebay.

Make sure you have a comprehensive list of specs, parts, approximate mileage on all of it, really good pics, and closeups of any flaws.

People really appreciate extras like saddlebags, bike computer, etc. and in my opinion it lubes the purchase so to speak

Craigslist--people will want to see the bike so they'll come to your house. Are you okay with that? Also, anything CL = CASH, all of it, on the spot, only. Be VERY clear about what your stated price on CL means. Firm, best offer, etc.

I like selling stuff to people on BT because you often know each other or there's just a couple degrees of separation. However, this is probably the slowest place to sell stuff.

Ebay be prepared to know your bike really, really, really well--there was a fair bit of back and forth just on parts. You are unlikely to get what you feel your bike is worth on Ebay, and it might not sell at all. Also, if you haven't sold a fair amount of stuff on Ebay, people tend to steer clear of you. Look up 2005 Felts and other similar steeds and see whether they've been selling, what for, etc.
2010-12-07 1:24 PM
in reply to: #3239970

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Sensei
Sin City
Subject: RE: luck selling bike online or on BT?
I did ok...  Of course not as much as I would have liked.  Everyone wants to low ball...

Also, as a tip, if you ship the bike, look into the costs BEFORE you negotiate a price.  My shipping costs were a bit higher than I thought, and it cut pretty deeply into what I wanted to make on the bike.  However, I never rode it, so it was just nice to get some room in the garage and a couple bucks in my pocket (in the long run)
2010-12-07 2:58 PM
in reply to: #3239919

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Pro
5011
5000
Twin Cities
Subject: RE: luck selling bike online or on BT?
I've sold all my bikes on Craiglist. Sold two pairs of race wheels on TNO, back in the day. Never had any problem in any of the cases. Got asking price. Easy peasy.

ETA: For bikes, I prefer CL if at all possible as there is no hassle with shipping, there's no risk of it selling for less than you want it to sell for (as in an auction), and it's free (there's no third party--ebay or paypal--taking a cut of the sale).

In both cases where I sold wheels on TNO, I "knew" the buyer relatively well and wasn't worried about getting ripped off or anything.

Edited by mmrocker13 2010-12-07 3:01 PM
2010-12-07 3:00 PM
in reply to: #3239919

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Champion
11989
500050001000500100100100100252525
Philly 'burbs
Subject: RE: luck selling bike online or on BT?


2010-12-07 3:09 PM
in reply to: #3239919

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Elite
3315
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Miami
Subject: RE: luck selling bike online or on BT?
when you guys sell on craiglist / local how do you arrange payment....or how do you do it in general?

paypal?  or cash?  i am not sure anyone will come up with 1k+ in cash or if its a bigger ticket item.

2010-12-07 3:10 PM
in reply to: #3239919

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Master
1402
1000100100100100
Cumming, Georgia
Subject: RE: luck selling bike online or on BT?

I sold one on craigslist in one day. 

2010-12-07 4:03 PM
in reply to: #3240197

Veteran
261
1001002525
Fort Worth, Texas
Subject: RE: luck selling bike online or on BT?

trix - 2010-12-06 4:09 PM when you guys sell on craiglist / local how do you arrange payment....or how do you do it in general?

paypal?  or cash?  i am not sure anyone will come up with 1k+ in cash or if its a bigger ticket item.

If someone wants to buy something and the cost is $1000, then they will go to the bank and get the cash. The whole purpose of craigslist to me is the no cost part. As someone else said nobody else gets a "cut". Not paypal or ebay. This year alone I have sold stuff on craigslist, several things on ebay, but I have not had to use BT or ST yet. Craigslist to me is the best way. It is local, free, and you get to see the buyer face to face. That way there is no confusion over the condition of the item. If you don't want someone coming to your house then meet them at a coffee shop or parking lot. Oh and I always do this during the day, never after sundown.

2010-12-07 4:18 PM
in reply to: #3240197

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Pro
5011
5000
Twin Cities
Subject: RE: luck selling bike online or on BT?
cash only on CL (although there have been other successful arrangements...depends on the buyer)

I can't for the life of me remember how I got payment when I sold the wheels... at least one of the buyers posts here, he might remember...
2010-12-07 4:36 PM
in reply to: #3240320

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Champion
10018
50005000
, Minnesota
Bronze member
Subject: RE: luck selling bike online or on BT?

I sold my tri bike on BT.   I didn't even put it in the classifieds, I don't think.. Just sold it on my state forum.  I had mentioned it once and then a BT friend's sister asked about it.  In that case I took a check because I knew the woman's sister well enough that I felt like I could follow-up if need be and she was very nice and trustworthy.   I liked this arrangement because of the familiarity.  I find Craigslist supremely annoying as far as answering questions, setting up appointments, etc.  But that was going to be my next step.



2010-12-07 5:08 PM
in reply to: #3239919

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Master
1526
100050025
Bolivia, NC
Subject: RE: luck selling bike online or on BT?
Bought my first bike on Craigslist and check Craigslist every day to see what might pop up in my area.  On the other hand I only look at the BT classifieds every once in a while.  I'd try Craigslist first unless you are in a remote area with a small population.  I'm afraid I don't know where Malvern, PA is.
2010-12-07 5:13 PM
in reply to: #3239919

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Master
2855
20005001001001002525
Kailua, Hawaii
Subject: RE: luck selling bike online or on BT?
craigslist successful for 2 bikes.

these were cash deals.

money order or cashiers check from local bank should be ok.

just watch out for people trying to ship it somewhere using a 3rd party pickup.

Edited by metafizx 2010-12-07 5:14 PM
2010-12-07 6:40 PM
in reply to: #3239919

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Veteran
128
10025
Philadelphia, Pennsylvania
Subject: RE: luck selling bike online or on BT?
you will get more money if you take it apart and sell it piece by piece, but you can and should list it on Slowtwitch and here 
2010-12-08 12:20 AM
in reply to: #3239919

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Regular
113
100
NYC
Subject: RE: luck selling bike online or on BT?
I bought my first tri-bike on Craigslist. After letting it sit for a year I actually used it for the second year.
When it was time to upgrade I put it on Craigslist at 10pm and someone paid me my asking price (the same amount I bought it for two years earlier) the next day at 11am.
Fast and painless.


2010-12-08 1:15 AM
in reply to: #3239919

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Member
313
100100100
Ventura County, California
Subject: RE: luck selling bike online or on BT?
Totally agree with TriAya.

I've sold bikes and frames on Ebay and Craigs List.

Ebay is great if you want to get top dollar and don't mind the shipping hassles. You will get exposure to a large market. I'm always surprised at what people are willing to pay for used stuff on Ebay. TriAya's post is very true regarding specs and pics. People feel more comfortable bidding higher if they feel you are being thorough and honest in you description.

If you don't care about top dollar, just want some quick cash without the shipping hassle... go Craigs List. If your listing price is a good deal, you could sell it quickly on CL... if your asking top dollar, don't expect a lot of calls. Craigs List is a much smaller audience, so the odds of someone looking for your bike, size, etc is smaller.



2010-12-08 5:51 AM
in reply to: #3239919

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Extreme Veteran
386
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West Hartford, CT
Subject: RE: luck selling bike online or on BT?
I sold my fixed gear bike on Craigs List.  It took a little which wasn't surprising given that it was a fixie, but I didn't mind waiting because I didn't want to hassle with shipping it.

Definitely only take cash.  If someone wants it, they'll find a way.  I sold my car on Craig's List for around $2,800 (it was an old car) and I had the cash in my hands less than 24 hours after posting. 
2010-12-08 10:42 AM
in reply to: #3239919

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Extreme Veteran
872
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Tx
Subject: RE: luck selling bike online or on BT?
craigslist
2010-12-08 12:28 PM
in reply to: #3239919

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Veteran
266
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Kingwood, TX
Subject: RE: luck selling bike online or on BT?

I agree with the earlier post that top dollar will be on ebay.  Good pictures and a good description will do wonders.  Get a box from an LBS and pack it yourself.  Look at what others are charging for S&H to get an idea of what to charge.  I have sold 2 bikes on ebay and never had an issue.  Just set you minimum price and let it go from there.

 
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