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

Selling road bike best practice

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!

Selling road bike best practice

Old 05-28-22, 08:13 AM
  #1  
eco_bach
Newbie
Thread Starter
 
Join Date: Mar 2010
Posts: 2
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Selling road bike best practice

Selling a used road bike.
Since the asking price is $500 is it fair for me to demand the full cash deposit before allowing a would be buyer take for a test ride?
eco_bach is offline  
Old 05-28-22, 09:01 AM
  #2  
Iride01
MotuekaCascadeChinook
 
Iride01's Avatar
 
Join Date: Jul 2017
Location: Mississippi
Posts: 11,003

Bikes: Tarmac Disc Comp Di2 - 2020

Mentioned: 42 Post(s)
Tagged: 0 Thread(s)
Quoted: 4442 Post(s)
Liked 2,972 Times in 2,071 Posts
Depends on a lot of stuff too numerous for you to tell us.

You're the seller so you do what you want. Though if y'all meet somewhere and the person leaves their car then they are probably coming back. Unless they planned well and stole the car just before getting there.

If you are really paranoid, you might take a picture of their ID.

For just a 500 dollar bike, I'd just give it away to someone that needed a bike. No disadvantaged youth in your area?


Welcome to BF
Iride01 is online now  
Likes For Iride01:
Old 05-28-22, 09:14 AM
  #3  
Rolla
Victimless Criminal
 
Rolla's Avatar
 
Join Date: Sep 2020
Posts: 2,522
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 1113 Post(s)
Liked 2,700 Times in 1,200 Posts
I just ask if I can hold their phone or their car keys for them while they ride it. No one has ever objected.
Rolla is online now  
Likes For Rolla:
Old 05-28-22, 10:30 AM
  #4  
_ForceD_
Senior Member on Sr bikes
 
_ForceD_'s Avatar
 
Join Date: Jul 2015
Location: Rhode Island
Posts: 1,858

Bikes: Several...from old junk to new all-carbon.

Mentioned: 10 Post(s)
Tagged: 0 Thread(s)
Quoted: 803 Post(s)
Liked 479 Times in 259 Posts
Is the bike stolen? I just saw a thing on FB about a person who had their Masi stolen, then saw it advertised for sale in an online website. Told the poster they were interested, and asked if they could test ride it. Poster said OK. The person rode off and stole their bike back.

Dan
_ForceD_ is offline  
Likes For _ForceD_:
Old 05-28-22, 01:05 PM
  #5  
dedhed
SE Wis
 
dedhed's Avatar
 
Join Date: Apr 2005
Location: Milwaukee, WI
Posts: 9,037

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

Mentioned: 34 Post(s)
Tagged: 0 Thread(s)
Quoted: 2140 Post(s)
Liked 2,161 Times in 1,338 Posts
Originally Posted by Iride01 View Post
For just a 500 dollar bike, I'd just give it away to someone that needed a bike. No disadvantaged youth in your area?
Welcome to BF
$500 would cover my grocery bill for a month and for lots of people a good chunk of rent
dedhed is offline  
Likes For dedhed:
Old 05-28-22, 01:07 PM
  #6  
delbiker1 
Mother Nature's Son
 
delbiker1's Avatar
 
Join Date: Mar 2016
Location: Sussex County, Delaware
Posts: 2,491

Bikes: Early 90's Ochsner road, 2006 Schwinn SS DBX, 2014 Orbea Avant MD30, 2004 Airborne Zeppelin TI, 2003 Lemond Poprad, 1989? Fuji Ace, 2001 Lemond Tourmalet, 2014? Soma Smoothie

Mentioned: 13 Post(s)
Tagged: 0 Thread(s)
Quoted: 656 Post(s)
Liked 937 Times in 542 Posts
I think fairness has nothing to do with it. One has to decide what they are comfortable allowing, and do what they feel is necessary to protect themselves. How badly one wants to make the sale, I suppose, also comes into play.
delbiker1 is offline  
Likes For delbiker1:
Old 05-28-22, 07:03 PM
  #7  
MattTheHat 
Senior Member
 
MattTheHat's Avatar
 
Join Date: Aug 2018
Location: Allen, TX
Posts: 2,241

Bikes: 2021 S-Works Turbo Creo SL, 2020 Specialized Roubaix Expert

Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 688 Post(s)
Liked 3,112 Times in 1,090 Posts
Originally Posted by Iride01 View Post

For just a 500 dollar bike, I'd just give it away to someone that needed a bike. No disadvantaged youth in your area?


Welcome to BF
So much wrong with these two sentences that I won’t even bother. Welcome to BF, indeed.
MattTheHat is offline  
Likes For MattTheHat:
Old 05-29-22, 05:22 AM
  #8  
SurferRosa
Señor Member
 
SurferRosa's Avatar
 
Join Date: Dec 2018
Location: Pac NW
Posts: 5,809

Bikes: Old school lightweights

Mentioned: 73 Post(s)
Tagged: 0 Thread(s)
Quoted: 2424 Post(s)
Liked 3,228 Times in 1,743 Posts
Originally Posted by eco_bach View Post
is it fair to demand full cash deposit before allowing a test ride?
Yes.

​​​​​​It's also fair that you require the full asking price for sale as-is without a test ride.
SurferRosa is offline  
Likes For SurferRosa:
Old 05-29-22, 07:59 PM
  #9  
dedhed
SE Wis
 
dedhed's Avatar
 
Join Date: Apr 2005
Location: Milwaukee, WI
Posts: 9,037

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

Mentioned: 34 Post(s)
Tagged: 0 Thread(s)
Quoted: 2140 Post(s)
Liked 2,161 Times in 1,338 Posts
I know I'd be hard pressed to hand some stranger $500 of my cash before a deal was struck.
dedhed is offline  
Likes For dedhed:
Old 05-30-22, 05:36 AM
  #10  
Bald Paul
Senior Member
 
Bald Paul's Avatar
 
Join Date: Sep 2017
Location: Upstate SC
Posts: 900
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 412 Post(s)
Liked 816 Times in 379 Posts
Meet at your local PD parking lot. Ask an officer to come outside for a few minutes. Bribe him with a donut and coffee. (Just kidding!)
Tell the buyer he can test ride the bike in the parking lot. If he leaves, he's in trouble. It also protects the buyer from getting a stolen bike.
Bald Paul is offline  
Old 05-30-22, 05:55 AM
  #11  
Chuck M 
Butted Hi-Tensile
 
Chuck M's Avatar
 
Join Date: Sep 2020
Location: Oklahoma
Posts: 1,114

Bikes: Hi-Ten bike boomers, a Trek Domane and some projects

Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 365 Post(s)
Liked 956 Times in 474 Posts
If you feel that the prospective buyer handing over the cash to test ride is what your gut instinct is telling you to do, then do it. There are too many variables for strangers on the internet to know what you should do. Small town America and a meetup at a convenience store in a shady area present two different comfort zones.
__________________
"It is the unknown around the corner that turns my wheels." -- Heinz Stücke

Chuck M is offline  
Likes For Chuck M:
Old 05-30-22, 09:02 AM
  #12  
TakingMyTime
Senior Member
 
Join Date: Aug 2012
Location: Los Alamitos, Calif.
Posts: 2,207

Bikes: Trek 7.4 FX, 5200

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 848 Post(s)
Liked 671 Times in 398 Posts
I feel safe if I meet and greet them out on the driveway and I've seen them drive up. Like said above, unless they went to the trouble of stealing a car just to get a $170 bike (in my case) I feel fairly confident that they'll come back. Just be aware that there are buyers who might sabotage your bike once they're out of sight and upon return try to get a discount because something or the other isn't working right.
TakingMyTime is offline  
Likes For TakingMyTime:
Old 05-30-22, 09:34 AM
  #13  
ClydeClydeson
Senior Member
 
Join Date: Mar 2019
Posts: 1,409
Mentioned: 8 Post(s)
Tagged: 0 Thread(s)
Quoted: 485 Post(s)
Liked 736 Times in 429 Posts
Generally expectations of what will happen when the person comes to see the item (price, condition, test ride or no, etc) should be discussed before they come. Few people to whom I have sold bikes were demanding a test ride, but often conversation with them gives you the info you need to know when deciding to allow test ride or not.

But if they did demand one, and I was not comfortable allowing it ("can you hold my crack pipe while I take 'er fer a rip?") then they would leave empty handed (empty except for crack pipe) and I would sell to the next person. Sometimes finding the right buyer to match your needs as a seller doesn't happen right away, and it's important to not get in a position where you are desperate to sell.
ClydeClydeson is offline  
Old 05-30-22, 10:14 AM
  #14  
burnthesheep
Newbie racer
 
Join Date: Feb 2018
Posts: 3,304

Bikes: Propel, red is faster

Mentioned: 33 Post(s)
Tagged: 0 Thread(s)
Quoted: 1527 Post(s)
Liked 1,472 Times in 920 Posts
If paranoid have it setup on a stationary trainer and let them ride it on that for a minute to verify the shifting brakes etc…. Then remove it for the obligatory parking lot ride. Also usually I fit cheapo flats to the bike and say that I wont change the pedals out to avoid a last minute pedal swap incident of any kind or a person acting like they can ride clipless but faint like a goat and mess it up.
burnthesheep is offline  
Old 05-30-22, 10:41 AM
  #15  
curbtender
Senior Member
 
curbtender's Avatar
 
Join Date: Mar 2007
Location: SF Bay Area, East bay
Posts: 7,523

Bikes: Marinoni, Kestral 200 2002 Trek 5200, KHS Flite, Koga Miyata, Schwinn Spitfire 5, Schwinn Speedster, Mondia Special, Univega Alpina, Miyata team Ti, MB3

Mentioned: 45 Post(s)
Tagged: 0 Thread(s)
Quoted: 1203 Post(s)
Liked 1,148 Times in 652 Posts
I'm not so paranoid, but I sell a lot of bikes. I can't count how many times a guy has left his girlfriend while he goes for a test, lol. Since when is $500 considered chump change?
curbtender is offline  
Old 05-31-22, 01:08 PM
  #16  
Iride01
MotuekaCascadeChinook
 
Iride01's Avatar
 
Join Date: Jul 2017
Location: Mississippi
Posts: 11,003

Bikes: Tarmac Disc Comp Di2 - 2020

Mentioned: 42 Post(s)
Tagged: 0 Thread(s)
Quoted: 4442 Post(s)
Liked 2,972 Times in 2,071 Posts
I'm not saying that 500 bucks is chump change. But I don't think that everything I own but no longer want has to be sold. No reason why useful stuff can't be given away to those that might not be able to ever afford themselves the luxury of owning a decent bike.

Consider it part of spreading good karma or paying it forward.
Iride01 is online now  
Likes For Iride01:
Old 05-31-22, 06:40 PM
  #17  
Rolla
Victimless Criminal
 
Rolla's Avatar
 
Join Date: Sep 2020
Posts: 2,522
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 1113 Post(s)
Liked 2,700 Times in 1,200 Posts
Originally Posted by Iride01 View Post
For just a 500 dollar bike, I'd just give it away to someone that needed a bike.
You're in a different tax bracket than me.

Originally Posted by SurferRosa View Post
​​​​​​It's also fair that you require the full asking price for sale as-is without a test ride.
Not if you actually want to sell the thing.

Originally Posted by Bald Paul View Post
Meet at your local PD parking lot. Ask an officer to come outside for a few minutes.
Maybe in Mayberry, but around here a cop wouldn't put down his donut long enough to laugh at you.

Originally Posted by burnthesheep View Post
have it setup on a stationary trainer and let them ride it on that for a minute


I wonder if any of these sage advisors have ever actually sold a bike before.

Last edited by Rolla; 05-31-22 at 06:43 PM.
Rolla is online now  
Old 05-31-22, 07:11 PM
  #18  
burnthesheep
Newbie racer
 
Join Date: Feb 2018
Posts: 3,304

Bikes: Propel, red is faster

Mentioned: 33 Post(s)
Tagged: 0 Thread(s)
Quoted: 1527 Post(s)
Liked 1,472 Times in 920 Posts
Originally Posted by Rolla View Post
You're in a different tax bracket than me.



Not if you actually want to sell the thing.



Maybe in Mayberry, but around here a cop wouldn't put down his donut long enough to laugh at you.





I wonder if any of these sage advisors have ever actually sold a bike before.
Moron, I did just this past weekend.

And it is actually exactly how I declined purchasing a used smart trainer with a bad bearing. I brought my bike with me and tried it and heard the issue. Saved me a PIA.

So maybe YOU don’t know anything.
burnthesheep is offline  
Old 05-31-22, 07:15 PM
  #19  
SurferRosa
Señor Member
 
SurferRosa's Avatar
 
Join Date: Dec 2018
Location: Pac NW
Posts: 5,809

Bikes: Old school lightweights

Mentioned: 73 Post(s)
Tagged: 0 Thread(s)
Quoted: 2424 Post(s)
Liked 3,228 Times in 1,743 Posts
Originally Posted by SurferRosa View Post
It's also fair that you require the full asking price for sale as-is without a test ride.
​​​​​​
Originally Posted by Rolla View Post
Not if you actually want to sell the thing.
I'm just saying what's fair, not what's practical.

I've only bought and sold about 50 bikes. I always allow a test ride. But I've never felt the need to take one myself ... except when purchasing new.
SurferRosa is offline  
Likes For SurferRosa:
Old 05-31-22, 07:50 PM
  #20  
Rolla
Victimless Criminal
 
Rolla's Avatar
 
Join Date: Sep 2020
Posts: 2,522
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 1113 Post(s)
Liked 2,700 Times in 1,200 Posts
Originally Posted by burnthesheep View Post
Moron, I did just this past weekend.

And it is actually exactly how I declined purchasing a used smart trainer with a bad bearing. I brought my bike with me and tried it and heard the issue. Saved me a PIA.

So maybe YOU don’t know anything.
LOL. You're precious!
Rolla is online now  
Old 05-31-22, 08:02 PM
  #21  
Bald Paul
Senior Member
 
Bald Paul's Avatar
 
Join Date: Sep 2017
Location: Upstate SC
Posts: 900
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 412 Post(s)
Liked 816 Times in 379 Posts
Originally Posted by Rolla View Post
Maybe in Mayberry, but around here a cop wouldn't put down his donut long enough to laugh at you.
Originally Posted by Bald Paul View Post
Meet at your local PD parking lot. Ask an officer to come outside for a few minutes. Bribe him with a donut and coffee.
Love how you left that part out.
Bald Paul is offline  
Old 05-31-22, 08:18 PM
  #22  
Rolla
Victimless Criminal
 
Rolla's Avatar
 
Join Date: Sep 2020
Posts: 2,522
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 1113 Post(s)
Liked 2,700 Times in 1,200 Posts
Originally Posted by Bald Paul View Post
Love how you left that part out.
Glad you approve -- I didn't think it added any value, either.
Rolla is online now  
Old 05-31-22, 08:23 PM
  #23  
jon c. 
Senior Member
 
Join Date: Mar 2012
Location: Tallahassee, FL
Posts: 4,232
Mentioned: 5 Post(s)
Tagged: 0 Thread(s)
Quoted: 1222 Post(s)
Likes: 0
Liked 443 Times in 245 Posts
I wouldn't hand over any amount of cash for a test ride.
jon c. is offline  
Old 06-02-22, 09:20 AM
  #24  
msu2001la
Senior Member
 
msu2001la's Avatar
 
Join Date: Mar 2006
Location: Midwest
Posts: 2,020
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 950 Post(s)
Liked 918 Times in 531 Posts
You're the seller, so you can do whatever you want, but you should make sure your expectations are clear before you meet up with a buyer and start making demands that they hand over cash.

From a buyer's perspective, I'd be extremely skeptical if I showed up to look at a bike and the seller unexpectedly demanded I hand over full asking price in cash before letting me ride it. I'd probably assume the bike is either stolen or I'm about to be robbed.
msu2001la is offline  
Likes For msu2001la:
Old 06-02-22, 09:29 AM
  #25  
burnthesheep
Newbie racer
 
Join Date: Feb 2018
Posts: 3,304

Bikes: Propel, red is faster

Mentioned: 33 Post(s)
Tagged: 0 Thread(s)
Quoted: 1527 Post(s)
Liked 1,472 Times in 920 Posts
Originally Posted by Rolla View Post
LOL. You're precious!
Only as much as you want me to be baby. If you want it rough just let me know.
burnthesheep is offline  

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.