Go Back  Bike Forums > Bike Forums > General Cycling Discussion
Reload this Page >

Bicycle Blue Book .com - Pricing

Notices
General Cycling Discussion Have a cycling related question or comment that doesn't fit in one of the other specialty forums? Drop on in and post in here! When possible, please select the forum above that most fits your post!

Bicycle Blue Book .com - Pricing

Old 03-13-17, 08:55 PM
  #1  
Indyguy
Member
Thread Starter
 
Join Date: May 2015
Posts: 32
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Bicycle Blue Book .com - Pricing

Does anyone use or trust the values the Bicyclebluebook.com provides?
I don't have enough knowledge to value a bike myself, wondering if Bicyclebluebook.com is a reliable reference so I don't over pay... at least not get ripped off

Thanks!
Indyguy is offline  
Old 03-13-17, 08:59 PM
  #2  
GlennR
On Your Left
 
GlennR's Avatar
 
Join Date: Nov 2011
Location: Long Island, New York, USA
Posts: 7,886

Bikes: Trek Emonda SLR, Sram eTap, Zipp 303

Mentioned: 32 Post(s)
Tagged: 0 Thread(s)
Quoted: 2643 Post(s)
Liked 1,825 Times in 938 Posts
You can use it as a high water mark. But condition matters, how bad you want it and how bad the seller wants to sell it.
GlennR is offline  
Old 03-14-17, 05:08 AM
  #3  
dedhed
SE Wis
 
dedhed's Avatar
 
Join Date: Apr 2005
Location: Milwaukee, WI
Posts: 7,477

Bikes: '68 Raleigh Sprite, '02 Raleigh C500, '84 Raleigh Gran Prix, '91 Trek 400, 2013 Novara Randonee, 1990 Trek 970

Mentioned: 27 Post(s)
Tagged: 0 Thread(s)
Quoted: 1538 Post(s)
Liked 1,049 Times in 719 Posts
The only thing that matters is your local market.
dedhed is offline  
Old 03-14-17, 06:15 AM
  #4  
johnnyace 
Iconoclast
 
johnnyace's Avatar
 
Join Date: Sep 2016
Location: Oregon
Posts: 1,092

Bikes: 1983 Univega Alpina Uno

Mentioned: 47 Post(s)
Tagged: 0 Thread(s)
Quoted: 478 Post(s)
Liked 26 Times in 19 Posts
I deal mostly in C&V bikes, and bicycle bluebook only seems to go back so far, so it is of little value to me.
__________________
Got soap?

johnnyace is offline  
Old 03-14-17, 07:11 AM
  #5  
jefnvk
Senior Member
 
jefnvk's Avatar
 
Join Date: Apr 2015
Location: Metro Detroit/AA
Posts: 8,212

Bikes: 2016 Novara Mazama

Mentioned: 63 Post(s)
Tagged: 0 Thread(s)
Quoted: 3634 Post(s)
Liked 73 Times in 43 Posts
Anything old, run of the mill, and in rideable shape as-is around me seemingly goes for mid $100s, from 70's Raleighs to 00s hybrids. Anything newer is priced more off component cost than model. The few times I've bothered looking at BBB, it didn't have much correlation to my reality.

Or, to point out some issues more directly, look at something like this. Supposedly the only difference between a pristine, like-new mid-90s Rockhopper and one needing a complete overhaul is $19: https://www.bicyclebluebook.com/Sear...41&model=43230

FWIW, I'm not getting either a pristine, nor a complete overhaul needed, for $48 on CL. Thrift shop maybe, but bikes are pretty generically priced there.
jefnvk is offline  
Old 03-14-17, 08:47 AM
  #6  
mstateglfr 
Sunshine
 
mstateglfr's Avatar
 
Join Date: Aug 2014
Location: Des Moines, IA
Posts: 12,343

Bikes: '18 class built steel roadbike, '19 Fairlight Secan, '88 Schwinn Premis , Black Mountain Cycles Monstercross V4, '89 Novara Trionfo

Mentioned: 97 Post(s)
Tagged: 0 Thread(s)
Quoted: 5068 Post(s)
Liked 2,379 Times in 1,392 Posts
Bicycle Blue Book is the worst thing to happen to the used bike market since...well since ever. Its totally utterly worthless.
The pricing is totally arbitrary as it doesnt take location, current competition, or quality into account...which are 3 of the most important components of deciding a bike's value.

If you have a nice bike in a sea of nice bikes, the price will be different than if yours is the only nice one around.
If your area has high demand and low volume, pricing will be totally different than if you have high volume and low demand.

Oh- I forgot to mention size. If you are in the sticks and have a 48cm road bike, it might take some time and sell for less compared to if you are in a city.


Bicyclebluebook is hilariously useless. It serves no purpose for me when buying used bikes or selling refurbished used bikes.
mstateglfr is offline  
Old 03-14-17, 08:48 AM
  #7  
Maelochs
Senior Member
 
Maelochs's Avatar
 
Join Date: Oct 2015
Posts: 12,684

Bikes: 2015 Workswell 066, 2014 Dawes Sheila, 1983 Cannondale 500, 1984 Raleigh Olympian, 2007 Cannondale Rize 4, 2017 Fuji Sportif 1 LE

Mentioned: 142 Post(s)
Tagged: 0 Thread(s)
Quoted: 6069 Post(s)
Liked 956 Times in 542 Posts
BBB provides one datum, usually lowball, and distorted as noted above. It is a useful referent, as a low-end number as a rule, but cannot be relied upon itself. Always check local listings ... bikes in bike-rich environments might sell for BBB numbers, but in the middle of Oklahoma, people have maybe never even seen a bicycle, only heard about them. Prices will vary.
Maelochs is offline  
Old 03-14-17, 12:52 PM
  #8  
SkyDog75
Senior Member
 
Join Date: May 2011
Location: Upstate NY
Posts: 3,794

Bikes: Bianchi San Mateo and a few others

Mentioned: 18 Post(s)
Tagged: 0 Thread(s)
Quoted: 633 Post(s)
Likes: 0
Liked 6 Times in 6 Posts
Pricing for bicycles varies WIDELY from locale to locale, among other factors. For example, bikes in my semi-rural part of upstate NY often sell for less than half of what they would in NYC. Unless a price guide takes important factors like location into account, it's not going to be remotely accurate.

We've got a few people on these forums who freely offer advice, though, some of it even good advice. ;-) If you give your location (we don't want your address -- just basically which Craigslist local site applies to you) and the type of bike you're looking for, you'll almost certainly get some good suggestions.

There are also some good sites with general info you can use to identify the quality level of a bike. If vintage road bikes are your thing, for example, check out @randyjawa 's site My Ten Speeds.

Last edited by SkyDog75; 03-14-17 at 12:57 PM.
SkyDog75 is offline  
Old 03-14-17, 01:37 PM
  #9  
corrado33
Senior Member
 
Join Date: Jun 2013
Location: Bozeman
Posts: 4,094

Bikes: 199? Landshark Roadshark, 198? Mondonico Diamond, 1987 Panasonic DX-5000, 1987 Bianchi Limited, Univega... Chrome..., 1989 Schwinn Woodlands, Motobecane USA Record, Raleigh Tokul 2

Mentioned: 25 Post(s)
Tagged: 0 Thread(s)
Quoted: 1129 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
I like BBB because it tells me the original MSRP of the bike (most of the time.) From there I can use the condition of the bike to figure out how much it would likely sell for in my area today.

Thing is, it's hard. People who are looking for "a bike to ride" and aren't looking for a capable road or mountain bike aren't going to spend $400 on a bike. They'll spend $250, max. It doesn't matter if that hybrid cost $1000 initially. It's going to be a hard sell at $500 or $600. Mainly because the "well off" person who went shopping for a $1000 hybrid in the first place isn't going to be shopping at the used bike shop I work at, and anybody who DOES shop there is either looking for a cheap bike (less than $200) or looking to score a good deal on a more expensive purpose built (road or mountain) bike.

Modern mountain bikes I've found tend to "hold their value" better than most other bikes (at least here in bozeman). Mainly because when someone goes shopping for a decent mountain bike they're immediately faced with $1000+ price tags and at that point a year old bike for $500-600 looks good. However, older mountain bikes, regardless of quality, just really aren't worth... anything. Unless they're something special of course (super old Fat Chance bikes mainly.) Any mass produced mountain bike from the 90s is worth $250, max. Even that's pushing it. The technology has just changed so much that it's not worth buying an old mountain bike (if you want to actually mountain bike) when new mountain bikes are SO much better. (Mainly new forks.) There was someone on my local craigslist selling an old gary fisher (and not one of the cool old gary fishers.) For $1300. I sent him an e-mail, laughed in his face, told him he was a disgrace for flooding craigslist with that ridiculous ad. Admittedly the bike was in "like new" condition, but still, it wasn't a museum bike, it was a mass produced 90s gary fisher that people sell for $300 on ebay. Old mountain bikes are really only useful for commuters now, or gravel bikes, and I almost universally recommend staying away from old suspension forks. Exceptions to the rule of course, but for the normal person, yeah.

Road bikes, on the other hand, have not changed a hugely significant amount since the 90s (or earlier). Sure, we've gotten lighter, and we have more gears now, but a modern road bike still "looks" like an old road bike, albeit with slightly wonky tube cross sections. I can ride a top of the line 80s-90s road bike just as successfully as I can ride a new road bike today. I'd even argue that my top of the line early 90s landshark is a hell of a lot nicer than most bikes under $1500 today. (But I prefer good steel to aluminum.) Because of this (and because of hipsters buying old road bikes), old road bikes tend to hold their value better than old mountain bikes. Top of the line 90s road bikes can still be bought for $300-$500 (or more). Sought after steel framesets can still be purchased for hundreds of dollars alone. Road bikes at our shop range from ~$175 (old steel lower end schwinns) to $300-$500 dollars, depending on quality, condition, and age. Yes, that 175 seems high, but remember we're not craigslist. We have overhead and we get these bikes into 100% good working condition. Those 5 hours you spent with that $100 schwinn you bought off of craigslist adds up really quickly when you have to pay someone to do the work. We also replace the wear items. Brake pads, bar tape, etc.
corrado33 is offline  
Old 01-11-18, 01:31 PM
  #10  
zebede
Hello
 
zebede's Avatar
 
Join Date: Aug 2007
Location: Suncoast, Florida
Posts: 905

Bikes: n+1

Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 105 Post(s)
Liked 20 Times in 18 Posts
Bike Blue Book, unlike Kelly Blue Book, is not based upon market values. Kelly Blue Book has MILLIONS of data points from used car sales, loan values, insured value. There is an industry which is built on the data (banks and insurance) and it is updated daily.

Bike Blue Book has ZERO data points and is basically a genius way of generating clicks so they can make money from ads. As pointed out above it is just an overly simple formula that has no source of data.

As a used bike market participant, I concur with the above observations that the values in the Bike Bluebook are not the value seen in the marketplace. Its strictly click bait. The owners of the sight could care less if the values are real or not. They want to appear as legitimate as possible to keep the clickers coming back.

There is no mechanism for them to receive data from the marketplace, they are making the stuff up!
zebede is offline  
Old 09-30-18, 04:42 AM
  #11  
jitenshajin
Member
 
Join Date: Feb 2018
Location: Lancashire - The Red Rose County
Posts: 48

Bikes: Far too many

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 23 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
I just searched the Bike Blue Book for "Dawes". There were only two hits.They don't even list it as a brand. What excuse for a database is this meant to be.
jitenshajin is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
bkelley59
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
11
05-02-18 04:45 AM
Mr.Toolbox
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
21
05-27-17 06:33 PM
jorglueke
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
1
10-16-16 02:10 AM
flyguy5219
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
1
03-26-12 03:52 AM
dunk.26
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
0
03-31-10 11:41 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.