Bicycle Blue Book Accurate
Since used bikes typically sell below their asking price.
Bicycle blue book accurate. Bicycle blue book data is guaranteed to be the most accurate value assessment on the web. Bicycle blue book claims to be the most accurate source for used bike prices. How accurate are the values on the blue book. Deep dish wheels pedals and bike shoes power meter hydration system bike computer etc.
The blue book price is what i used for my reference both times i bought a used bike. If the seller bought a stock bike and never did any up grades then the value in the blue book or a little less is what i would be willing to pay if they have done up grades or are throwing in extras i e. The seller is asking 1500 and the blue book price on line shows a high of 950 for excellent condition. This is the fourth bike i have bought from your company and every transaction has been excellent and every bike has been as good or better than described.
The bicycle blue book database includes hundreds of thousands of bicycle transactions for models dating all the way back to 1993. I told the seller this and he believes blue book is just a straight depreciation and not an indicator or actual sales value. I find it fairly accurate. If you check out online swap meet on facebook you can see what people are asking for bike bike related stuff.
It is very annoying when selling bikes on craigslist and people will refuse to pay more than bicycle blue book value because that must be accurate. How is that possible. I would say bbb is a good starting point. Based on milions of used bicycle transactions over twenty year on tens of thousands of diffirent bicycles our scientists report on used bicycle market trend.
I ve compared sold prices on online swap meet to bbb and they are pretty close. Accuracy of bicycle blue book values. Bottom line bicycle blue book is a company for profit business not a legitimate price value guide for bikes like kelly blue book is to cars. Attached are images to show bicycles blue book valuing bike at 405 and on sale for 330 85 in shipping and the condition good.
You can then see how people respond and often time see the final selling price. Bikepedia who is not selling the bike shows the accurate value for the bike. I never hesitate to recommend bicycle blue book when someone asks me a good choice to buy a bike. However the bike you linked below is not worth near 1000.
Used and new online and brick and mortar makes and models of all kinds.