Friday, May 24, 2013
Plenty of car dealerships plan major sales around the Labor Day holiday. If you do your traveling on two wheels you should also be aware that now is also the time to get great deals on bikes.
But if you're looking to buy, you may also be looking to sell the model you're currently riding.
In the car world you'd likely log on to the Kelley Blue Book website to check out the value of your wheels. Did you know you can do the same for your bike?
Bicycle Blue Book offers bike values for those looking to buy or sell, and all you need is the make, type (road, hybrid, BMX, etc.) and year.
A quick check for my bright orange Trek 1000 told me it could be worth as much as $650 if in really good condition.
Bicycle Blue Book says it works by pulling from "hundreds of thousands of bicycle transactions" over more than seven years. Values are determined through an algorithm based on make, model, condition, age and other variables. There are also ways to find values on custom or modified bikes.
So before you decide to make a deal with your friend for your used Lemond Versailles Triple make sure you have an idea what it's worth. Then maybe you'll have the cash to splurge on that new Bianchi Vigorelli you've been eyeing.
Karen Beaudoin is an online editor for Maine Today Media and contributes two blogs to the company's websites.
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