Originally Posted by
_ForceD_
This is just a guess, but in the end it would probably cost the shop more to get the used/traded-in bike in selling condition than they'd get in return for selling it. Replacing components (if necessary), cables, wheel and BB bearings, tires/tubes, bar tape, etc. And then paying the hourly wages of the wrench to do all that. If you look on Craigslist...used bikes that are in good condition only fetch a few hundred dollars usually. There are some that go for more. But in general all the maintenance would likely cost more than they could sell it for. Just my guess.
Dan
The shop can't lose; they only pay out what they sell it for and in this case eg. keep 15% of the value. Plus don't forget the other eg. 85% is tied to trade-in value to them having sold a new bike.
Originally Posted by
Ferrouscious
We do trade-ins. They tend to sell very quickly if they're road bikes. There just aren't that many people that decide to trade in a decent bike for another one.
Huh.. surprising. So the N+1 is really alive and well then? Though, obviously places like ProsCloset and Sidelineswap exist but they're kinda national resources, but the hassle of shipping in order to get a bike resold is a bit of an issue.