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Is everyone selling off their bikes?

20K views 129 replies 66 participants last post by  kapusta  
#1 ·
I’m on a couple of buy and sell groups on Facebook and they suddenly seem very, very active. Lots of them are said to be backup bikes or spouses bikes. Is everyone trying to cash in at the end of the boom?





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#69 ·
That's how I lucked into my recent SC Heckler purchase. Dude and his buddies wanted to get into MTB, he goes out and bought a '21 Heckler and decked it out, has to be close to $14k in the bike. Only rode it 395mi, mostly in downtown Tampa. Then his buddies decided they didn't like MTB and bought Surrons instead. He wanted to sell it quickly so he could buy his Surron. I paid $6k for it and he gave me all the OEM parts. Couldn't pass it up.
 
#41 ·
I'm not sure, btw, that trying to sell your $1500 (new, and available) hardtail on Facebook for $2000 is a wise move... at any rate.
 
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#54 ·
The US pricing is a mess. Taxes are hidden, everyone thinks they're getting a deal, but the reality is they're not. Because, as has been said, prices are outrageously inflated, so you can "cut someone a break".
 
#55 ·
Well, as far as haggling, it all depends on how you priced your item, and how bad you want to sell it. I always try to price stuff fair for a quick sale, then theres always that jackass that comes along and offers 40-50% less-lol.
I'm always buying and selling bike parts, and if there is something I see for a fair price I usually just say "I'll take it".
 
#61 ·
A while back I was on Reddit reading about lowballers and saw a comment from someone saying that they always counter with "what is the most that you'll pay?" and I've been using that tactic ever since.

I've had to resort to pricing my things way over what I'm wanting to get near what I am actually expecting after annoying haggling.
 
#84 ·
I work in the credit card industry and what this story doesn’t tell you is that this isn’t necessarily revolving debt. This could be “debt” that the customer will simply pay in full at the end of the month. Payment rates on cards are at a historic high just like spending on cards. The american consumer is still highly liquid.
 
#83 ·
Thought I should share a different experience with Pros Closet. I got an offer from PC on a 2020 Santa Cruz for 64% of its original price. I listed the bike on PB for several hundred more. After a week, it some interest but no takers, so I took the PC offer. Comparing their offers is difficult because they depend on current demand for certain manufactures or specific models.

Unless you’re in a major MTB hub, selling or buying a used bike is a pain. Even as a seller, it’s difficult to document full bike history that is fair to the buyer. Was the last rider 130 or 250 pounds? Did the frame have 200 or 2000 miles? Is the carbon frame compromised?

All to say - I’m glad Pros Closet exists. The convenience and transparency is why their price is higher versus going the ebay/PB route. Taking into account the cost to inspect, repair, and list the bike - with the added potential of warranty issues or low demand, their margins are probably thinner than many similar businesses.
 
#92 ·
Interesting points made here. Regarding Pro's Closet... The bike I asked a quote on was literally mint, no carbon issues, no paint cracks, all covered in 3m protection. All components were well maintained and top spec and lightly used. The bike was a bike that was in high demand and I checked their site and they only had v1 Ripmos no v2 Ripmos. So for the price they offered me: $5100, and it was about to sell on pink bike for $7100 as I was talking to a guy back and forth. Sending him all pics he requested and answering all questions. However, it went "Buy it Now" on ebay for $7400. Again, loaded bike, full XTR, I-9's, new tires, carbon seat, bars, etc, etc.

If you are buying or selling it is not a pain. Just be patient and you'll be surprised on what you will find to buy or how it might sell. Sold my Hightower during the pandemic in 4 weeks and when I sold my Ripmo v2, it took 7 weeks time. I will say this though. What kind of bike is it and what specs does it offer? Lower end spec bikes will be longer to sell but a desired popular bike with lower spec will be easier to sell. For example, it might be easier to sell a Yeti or a Santa Cruz versus selling a Diamondback or a YT. Just like the auto industry, used Toyota 4 Runner's sell quicker than Ford broncos or jeep Cherokees. Also, if the bike looks good and you put many pics of the bike and list all components in your description and some other info that is pertinent, it will sell quicker.

I've some bikes that I have put to watch on pinkbike and ebay that have 1-3 pics and just list the bike, the year and not much else. I watch them to see how long they take to sell and some of these are there for months. Then I see others that I watch with 10 pics and large descriptions and they sell in weeks. So that helps the buyers.

I will also say this about the comment that there is a reason bikes are being dumped because they've used them up is not exactly true. Some people buy new bikes every season or when a new model is released and have not destroyed them. Some people see, as I do, if I want to sell this next season, let me cover it up with some 3m frame protection. Then, when I sell it I can remove that and show how amazing the frame looks and no frame cracks or paint cracks.

I was looking to buy a used Yeti about 8 months ago and couldn't find the color I wanted in the size I wanted, but... What I saw in the market were some really nice Yeti's well maintained and plenty of life left. I would say reasonably priced for Yeti's as well. So there is some good stuff out there and not all used up. Yes, there is also some garbage and you can tell in the pics. And there are a few you will see that have a bike they've put maybe 50-80 miles on, which might be about 10 rides or less, and they are asking full retail. Just keep it moving with them too.

Also, if a seller will not send you other pics when you request them then move on. They must not want to sell it that bad. I try to be transparent about everything and want the buyers to have the best experience and feel good about their purchase.

Oh yeah, some companies that have a reputable reputation, some allow for crash replacement on a second owner. This means it's not a no-cost frame replacement but a replacement frame that might be at half price or 60% off. Reputable companies that have been doing carbon for a time have good reputations on their carbon. Such as Santa Cruz, Ibis, and Pivot to name a few. Some others, not so much. I'm a bigger guy at 215lbs and never have cracked a carbon frame. Not to say it won't happen but it doesn't happen as often as it used many years ago.
 
#93 ·
sarcasm
noun
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sar·casm | \ ˈsär-ˌka-zəm \
Definition of sarcasm

1: a sharp and often satirical or ironic utterance designed to cut or give pain
2a: a mode of satirical wit depending for its effect on bitter, caustic, and often ironic language that is usually directed against an individual
b: the use or language of sarcasm

Reference: bike that is used up.
 
#96 ·
sarcasm
noun
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sar·casm | \ ˈsär-ˌka-zəm \
Definition of sarcasm

1: a sharp and often satirical or ironic utterance designed to cut or give pain
2a: a mode of satirical wit depending for its effect on bitter, caustic, and often ironic language that is usually directed against an individual
b: the use or language of sarcasm

Reference: bike that is used up.
LOL! Yeah, I like to use sarcasm quite a bit. However, it's quite a difficult thing to get across on a forum like this. It can very easily be misconstrued without vocal inflections to tip a person off that you're not serious.