Is Bicycle Blue Book Accurate
Here s a look at just how trustworthy it is plus a comparison with the competition.
Is bicycle blue book accurate. Attached are images to show bicycles blue book valuing bike at 405 and on sale for 330 85 in shipping and the condition good. Bicycle blue book is the world s best resource for accurate used bicycle values. 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.
Accuracy of bicycle blue book values. I ve been talking to a couple of bike shops and have a fit test ride scheduled for later this week. The kelley blue book is the most popular used car buying guide. The market for second hand bicycles has a lot of seasonal and regional variation and that doesn t seem reflected in their model.
Their coverage is not very good and some of the prices seemed very low. I ve compared sold prices on online swap meet to bbb and they are pretty close. If you check out online swap meet on facebook you can see what people are asking for bike bike related stuff. Bikepedia who is not selling the bike shows the accurate value for the bike.
Pulling from hundreds of thousands of bicycle transactions over seven plus years with models dating back to 1993 all numbers are processed by bicycle blue book s proprietary valuation engine based on make model condition age and other variables. You can then see how people respond and often time see the final selling price. I m looking for a new road bike my current ride is just the wrong geometry for me and likely too big. I find it fairly accurate.
There are a lot of issues with the ebay records. Bicycle blue book is crap. I would say bbb is a good starting point. 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.
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. I never hesitate to recommend bicycle blue book when someone asks me a good choice to buy a bike.