Quick Answer: Is Bicycle Blue Book Accurate?

What is Bicycle Blue Book?

The market value, or “blue book value,” of your used bike is indispensable knowledge.

It lets you know what you should ask for and what you should accept for your bike when it comes time to sell..

How much does it cost to restore a bicycle?

Probably about $1000 each on average. That’s being generally frugal with used parts where judged prudent & doing all the work myself. New high quality parts really drive cost.

Can a bike last forever?

The truth is that any frame, provided it’s properly cared for, will last a lifetime. In reality, the temptation of eventually getting a new bike is what will increase the lifespan of your ride until long after you’ve stopped riding it.

Can I trade in my Trek bike?

Get in-store credit for your old bike When you stop into one of our participating retailers and take advantage of our trade-in program, you’ll immediately receive in-store credit toward the purchase of a new bike.

Are old bicycles worth money?

“Don’t assume a vintage bicycle is worth a fortune, because only the best bikes fetch high prices,” says Langley. “Most vintage bikes sell for between $100 and $400. Even museum-quality antiques, like highwheel bikes, typically don’t change hands for more than around $3,000 to $4,000.”

How do I find the value of my used bike?

Subtract the depreciation expense from the original purchase price of the bike. The result is how much the bike is worth. For example, if the bike in step 3 is three years old, then the used bicycle would be worth $200.

How much is a Schwinn bike worth?

Price varies significantly, depending on the condition, age, scarcity, and desirability of the model. For instance, a vintage Schwinn Breeze in need of restoration sells for as little as $70. On the other hand, a 1920s Schwinn Excelsior with the original paint can retail for as much as $900.

What is high mileage for a bicycle?

Anything above 25,000 miles on a sports bike is considered high.

How many miles should I cycle a day to lose weight?

Daily Cycling Goals If you cycle for half an hour five days per week, you can expect to burn 1,500 calories if you weigh 125 pounds and cycle at 15 miles per hour. If you can’t cycle this quickly, you’ll burn 1,200 calories a week cycling at 12 miles per hour.

Can you look up a bike serial number?

Your bike’s serial number will most likely be found underneath the bike’s bottom bracket. So, turn your bike around and look for the spot where the two pedal cranks join. What might happen, however, is that there’s no serial number there.

How can I sell my bike fast?

The Top 5 Ways to Sell Your Used BikeSell with The Pro’s Closet.Sell Your Bike To A Pawn or Used Sporting Goods Shop.Sell Your Bike On Craigslist, Facebook, or Local Online Marketplace.Sell Your Bike On A Bike Forum or Website.Sell Your Bike On eBay.

How much is a Trek 7200 worth?

According to bicycle blue book the bike is between $60-$40 and MSRP’d at $380.

Is a bicycle a good investment?

Yes, very worthwhile investment financially and health-wise. Any bike used regularly instead of a car is a totally great investment. The closer a bike is to multi purpose use brings it closer to a good investment.

How old is a vintage bicycle?

25 years oldAnything 25 years old or older is considered vintage or antique. The difference is a vintage can be used as a daily driver, and an antique is for show only. By that definition anything earlier than 1982 is vintage.

How much should you spend on a bicycle?

A new bike would probably cost between $800 -$1000. If you buy through a local bike shop, expect that much of the routine maintenance will be covered in the purchase price. You will be charged additional fees if you buy the bike somewhere other than where you have it fixed.

Is a Trek bike worth the money?

Trek is comparably priced to all other bikes. In my area, they tend to run maybe 10% more. 10% on an average sale of $1000 isn’t much. The expertise at our particular Trek store is probably worth it all by it’s self.

Is it worth buying an expensive mountain bike?

There’s no doubt that expensive mountain bikes provide a superior ride, performance, and speed advantages. However, the value that a high-end bike will bring to you as a rider will be completely dependent upon your own personal circumstances.

How many miles will a bicycle last?

It might be better to ask how many miles does a bike last rather than how many years. I’d guess that a bike should perform well (if it’s reasonably maintained) for 5,000 miles. At this point the cables are shot, the mechanical components have worn, bearings, etc.

How much is a Trek bike worth?

Many used mid-range bikes are worth around $100, while low-end bicycles may be worth just a few dollars….How much are used bicycles worth?BicycleSold PriceTrek Excal$600Specialized Tricross Cyclocross$300Huffy Granite$856 more rows

How much is a Trek 1000 worth?

A used Trek 1000 would sell for about $250 in S.A. This is a Road cycle for a beginner or a bicycle to commute with & not a bicycle to start racing as it is too basic & too heavy .

Can you trade in a bicycle?

With more than a hundred shops across the country participating in the Trade-In Partner program, customers can take their used bicycle to a participating shop, get the suggested value through the BicycleBlueBook.com Value Guide, then receive a credit for that amount towards any new bike of your choice.