How Accurate Is Bicycle Blue Book

Since used bikes typically sell below their asking price.

How accurate is bicycle blue book. For reference the bike in question is a 2011 trek 7 6fx. I just wanted to see what people think of bicycle blue book. Unlike cars there is no database for used bicycle sales. Bicycle blue book puts one price on a bike and has no correction for regional pressures on pricing.

This bike was over a grand when it was new and the prices listed seem pretty low but i don t really know how bicycles depreciate. I consider bicycle blue book to be a joke. I would say bbb is a good starting point. I can see where insurance companies would like their value guide for settling claims for stolen and wrecked bikes.

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. It is wildly inaccurate generally favoring the buyer. Bicycle blue book is the world s best resource for accurate used bicycle values. Are prices too high too low.

I ve been talking to a couple of bike shops and have a fit test ride scheduled for later this week. At most i find bicycle bluebook useful for finding original msrp and original equipment on a bike when their bike profile is well filled out and getting a ballpark figure in my head. I ve compared sold prices on online swap meet to bbb and they are pretty close. I m looking for a new road bike my current ride is just the wrong geometry for me and likely too big.

We use a combination of the following three factors to report the most accurate bicycle values avaiable. If you check out online swap meet on facebook you can see what people are asking for bike bike related stuff. Accuracy of bicycle blue book values. I never hesitate to recommend bicycle blue book when someone asks me a good choice to buy a bike.

Search for your bike here. I find it fairly accurate.