Where to Sell Your Used Bike

Have you found yourself riding your bike less often than expected, contemplating whether it's time for a new owner to take the handlebars? Or perhaps you've set your sights on an upgrade and need to clear some space in the garage? Whatever the reason, there are plenty of options for selling your bike, both online and offline. In this guide, we'll explore the ways you can sell your bike, so you can find out what works best for you.

 

Online Platforms

 

1. Selling on MyNextBike

Let’s kick off with MyNextBike. We’re the UK’s leading marketplace for buying and selling premium second-hand bikes online. Our aim is to make the process of selling your bike a breeze. That’s why it’s simple to upload your bike to our platform, and our ride guides are here to assist you with every step of the process, including the handling of any buyer enquiries and offers. We even take care of shipping and payments for you, meaning you aren’t limited to trying to find potential buyers in your local area. Easy peasy.

While we accept all bike types, we have a minimum listing price of £250 in order to ensure a high standard of bikes on your platform. If you’re uncertain about how much your bike is worth or need guidance on the selling process, you can reach out to us here or check out our tips on how to value your bike.

Advantages:

No need to worry about shipping

Potential buyers from all over the UK

Negotiations are simple

Secure payments

Disadvantages:

We have a minimum listing price of £250

 

2. Selling on Facebook Marketplace 

Next up, we've got Facebook Marketplace – it's like the online garage sale of your dreams. Just snap a few pics of your bike, throw in some details, and wait for the messages to start rolling in from the millions of Facebook users. However, it's worth mentioning that you might encounter a few time-wasters and low-ball offers along the way. Also, be sure to keep your wits about you as Facebook can be full of potential scams.

Advantages:

Huge audience to tap into

It doesn’t cost you anything (except your time)

Disadvantages:

Dealing with time-wasters

Limited to local buyers

3. Selling on eBay

If you're looking for global reach, eBay's a great option. It offers you the chance to reach millions of potential buyers from all over the world - although selling a large item like a bike may still limit you to selling in your local area. That’s because on eBay you'll need to handle shipping yourself. Shipping a bike is no easy task, as most traditional couriers won’t accept them, meaning it will likely cost you more. If you are selling an e-bike this can be even more challenging due to their weight and lithium batteries. Also, watch out for eBay’s selling fees - they can be high given the lack of service and support they offer.

Advantages:

Massive audience reach

They offer some buyer protections

Disadvantages:

Shipping's on you

Fees are high compared with the customer support on offer

 

4. Selling to local bike shops or dealers

Lastly, you could always try selling your bike to your local bike shop or dealer. It's quick and easy – in theory. But not all shops are in the buying and selling game, and even if they are, they might not be interested in what you're selling. Plus, you might not get as much cash as you would online.

Advantages:

It's a simple process, theoretically

Disadvantages:

You might get less money than your bike's worth

They might not want to buy what you're selling

 

How to sell on MyNextBike

If you're after a hassle-free selling experience, here's the lowdown on selling your bike on MyNextBike:

 

Snap and Upload:

Take some pictures of your bike and upload them, along with all the details – the more the better. MyNextBike will guide you through the process, so there’s no stress involved.

 

Field Offers:

Sit back and wait for the offers to roll in. You will receive an email whenever someone is interested, and they will either buy your bike for the asking price or send you an offer to consider.

 

Ship and Get Paid:

If the buyer wants it shipped, no worries – MyNextBike takes care of it for you. Once they've got the bike and they're happy, you will then receive the payment.

Happy selling!