NOOBS - Once and for all, how to determine what your bike is worth  RSS Feed

#1 2013-01-18 1:02pm

Jon1971
"100 Flavors of Fun"...
From: Philly-ish
Registered: 2010-07-25
Posts: 2965
Bikes: 3
Website

NOOBS - Once and for all, how to determine what your bike is worth

So, you've just dug your old bike out of mom's basement and want to get top dollar in exchange for your memories? Figured you'd check the first Google hit and mention your cool, rare, hardly ridden gem and let the offers roll in? Or maybe casually mention "I'm looking for the value" and then inflate whatever you were told to weed out the low ballers?

Not here, buddy. As has been said many, many, many times - this is not an appraisal site. The task is entirely too big and the prices fluctuate too rapidly to even establish a good baseline. Even with pictures, there are so many factors that can go into the value of a bike that it can make your head spin. Is your Cook Brothers frame sporting it's original finish or "custom" spray painted? Was your Hutch made in the US or overseas? Does that GT mallet stem have an SR stamp on it? All of this makes it impossible to give any kind of real answers on the value of your bike.

However, all is not lost! I have graciously taken the time to put together this post to help you figure out how to determine the value of your bike. No need to thank me, I accept PayPal and American dollars. Sometimes hugs, but only very rarely in specific situations (like at the nudie bar!). Enough about me, let's talk about your bike.

The very first thing you want to do is take stock of the bike. Don't compare it to bikes online, don't base anything on what you remember you had back when you were a kid. Grab a pencil and a piece of paper, your toolkit and a grease rag. Go out to the garage and begin to very carefully disassemble the bike, cleaning each piece as you go. Assuming nothing has seized (more on that later) and your bike isn't covered in 30 years of dried mud, this will likely take about an hour. Write down the name of the part (frame, forks, etc) and make not of the labelled brand as well as any engravings. As an example, forks are often stamped on the steer tube with the actual manufacturers name. You might have Diamondback forks with an Akisu stamp and a date code for when they were made. Be thorough and meticulous - some chains are stamped and might be worth something to someone, the hubs in your wheels, even the assembly holding the bearings in can be important. Notate every single detail you can find. About the only things I haven't seen people make much ado about are the inner tubes, inner brake cable (the housing can be worth something though!) and whether or not the bike has original 1980s grease in it. When you're done you'll have a pile of nice, clean bicycle parts and a very detailed list of those parts. For the moment, leave the parts alone.

"But Jon1971", you say. "what if parts are seized and I can't get the gooseneck out of the forks?"

I'm glad you asked - leave it alone. The chances of you doing damage to the part are pretty good, but some collector might have been able to get it out or been willing to risk breaking it themselves. If a part won't disassemble in a reasonable manner, leave it alone, just clean it as best you can. There are sections where you can find techniques for unsticking these pieces, but if you're just in this for the quick buck, leave it to the collector.

Back to that parts list you've got. You're going to want to plunk down in front of your computer when you have some free time, because the research is going to drive you batcrap crazy. If you've got a very common bike shop rider that was bone stock, it might not be so bad. If you've got a bike that was pieced together with parts and decals removed, you may not be able to figure out exactly what you have. There's a reference and research section here on the museum, you'll want to make use of it to confirm that the part is noted correctly and help narrow down the year of it. You can find that section right here, just scroll down near the bottom: http://bmxmuseum.com/forums/
You can also use the Name It section if you're not having any luck in the reference section, just be sure to include as much information as you can - measurements, decals, stampings and PICTURES: http://bmxmuseum.com/forums/viewforum.php?id=28

Now, you've identified your bike, the parts, figured out the year(s) they came out in and you're ready to make your internet millions off that piece of old steel, right? Hold up, Hoss. Now you've gotta find a realistic price. The Museum has 2 separate for sale sections, as well as the sold section to help you decide if you want to sell the bike complete or as a part out. Make sure you grab a good sampling of prices for each item so you get a good feel for the average selling price. Make sure to do all of this for the complete bike as well, to determine how to maximize your pocket money!

The easiest place to look stuff up is in the For Sale beta section, and click on the Only Show Sold box. You can get directly to it right here: http://bmxmuseum.com/forsale/search?q=& … amp;sold=1 and then just enter the part type and brand, as well as model name if you know it. From there, you can scroll to find items that have a price. Just be sure to go into the listing and see that there's a name or comment saying who bought it. A lot of sellers click items as sold to remove the listing even if they still have the item.

Next up is the For Sale (old) section. You can find that right here: http://bmxmuseum.com/forums/viewforum.php?id=2 this one is more brutal, but try the search function and find items in listings to match up with your items. Find items that have sold successfully and you can get an idea. Do the same thing in the For Sale SOLD section: http://bmxmuseum.com/forums/viewforum.php?id=74

Finally, don't forget to check eBay's completed listings for items, but make sure it actually got bids or a Buy It Now. Items with prices listed in red got no bids and are generally not a fair indication of the price an item sells for.

Add all of the prices you gathered for your part, then average them by the number of prices you sampled. This will give you an "average" selling price. Of course that price does not take into account private sales, Craigslist finds, sales at swaps and shows, etc. And there's no guarantee you will get that price for your item. I've seen a bottom bracket set sell for over $700, but I've seen someone else sell a similar one by the same manufacturer for less than $50.

After all this work, you need to decide whether or not to sell or keep the bike and if you sell, do you sell complete or part it out. The good news is everything is already cleaned up and pretty. You can put it back together with fresh grease and have a cool piece of nostalgia, put it back and sell it complete (we call this 'survivor') or you can try to squeeze every penny out by parting it out. If you do choose to part it, shell out the $20 to be a pro member and sell through this site, it'll cost you far less than eBay fees in most cases. Oh, and make sure you accept PayPal and be prepared for lower than average offers or possibly no offers since no one knows you here or if you even identified your parts correctly and your feedback starts at zero. As your feedback grows and people get to know you, they'll trust you to ID parts correctly and ship quickly, etc. That's when you'll start to see the best possible prices for that bike you grabbed out of mom's basement.

If all this seems like too much work, you could always put the bike on Craigslist for $50 and one of us will be by to grab it. And for the record, I seen your bike, and I'd say it's worth... uhh... about tree fiddy.


Scooters are just like bikes for guys who want to feel the wind in their vagina.

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#2 2013-01-18 1:06pm

I am the owl...
Pro MemberSinner
From: Alberta, Canada
Registered: 2007-04-30
Posts: 21830
Bikes: 7
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

Jon1971 wrote:

No need to thank me, I accept PayPal and American dollars. Sometimes hugs, but only very rarely in specific situations.

My balls want to hug your chin, does that count? neutral

























lol


I love dead people....

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#3 2013-01-18 1:07pm

Jon1971
"100 Flavors of Fun"...
From: Philly-ish
Registered: 2010-07-25
Posts: 2965
Bikes: 3
Website

Re: NOOBS - Once and for all, how to determine what your bike is worth

I am the owl... wrote:

Jon1971 wrote:

No need to thank me, I accept PayPal and American dollars. Sometimes hugs, but only very rarely in specific situations.

My balls want to hug your chin, does that count? neutral

























lol

Are you sexually harassing me? Because I'm at work and they tell me that's a no-no. tongue


Scooters are just like bikes for guys who want to feel the wind in their vagina.

Do I owe you feedback? Please remind me via PM and I'll take care of it.

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#4 2013-01-18 1:08pm

85mongoose
Museum Addict
From: Wabash, IN
Registered: 2008-06-15
Posts: 2288
Bikes: 4

Re: NOOBS - Once and for all, how to determine what your bike is worth

I am the owl... wrote:

Jon1971 wrote:

No need to thank me, I accept PayPal and American dollars. Sometimes hugs, but only very rarely in specific situations.

My balls want to hug your chin, does that count? neutral


lol poor guy took hours to write that up and all he gets in return is tea bagged lollol






















lol


O.G.O.A.R Club- Life Member

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#5 2013-01-18 1:08pm

I am the owl...
Pro MemberSinner
From: Alberta, Canada
Registered: 2007-04-30
Posts: 21830
Bikes: 7
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

lol


I love dead people....

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#6 2013-01-18 1:09pm

Jon1971
"100 Flavors of Fun"...
From: Philly-ish
Registered: 2010-07-25
Posts: 2965
Bikes: 3
Website

Re: NOOBS - Once and for all, how to determine what your bike is worth

85mongoose wrote:

I am the owl... wrote:

Jon1971 wrote:

No need to thank me, I accept PayPal and American dollars. Sometimes hugs, but only very rarely in specific situations.

My balls want to hug your chin, does that count? neutral


lol poor guy took hours to write that up and all he gets in return is tea bagged lollol

lol

Nah, only took me like 20 minutes. Plus, it was on work time. I work for the government, so technically speaking - that's taxpayer funded education right there!


Scooters are just like bikes for guys who want to feel the wind in their vagina.

Do I owe you feedback? Please remind me via PM and I'll take care of it.

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#7 2013-01-18 1:10pm

Jon1971
"100 Flavors of Fun"...
From: Philly-ish
Registered: 2010-07-25
Posts: 2965
Bikes: 3
Website

Re: NOOBS - Once and for all, how to determine what your bike is worth

Indirectly, I think Owl just tea bagged the taxpayers.


Scooters are just like bikes for guys who want to feel the wind in their vagina.

Do I owe you feedback? Please remind me via PM and I'll take care of it.

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#8 2013-01-18 1:12pm

85mongoose
Museum Addict
From: Wabash, IN
Registered: 2008-06-15
Posts: 2288
Bikes: 4

Re: NOOBS - Once and for all, how to determine what your bike is worth

Jon1971 wrote:

85mongoose wrote:

I am the owl... wrote:


My balls want to hug your chin, does that count? neutral


lol poor guy took hours to write that up and all he gets in return is tea bagged lollol

lol

Nah, only took me like 20 minutes. Plus, it was on work time. I work for the government, so technically speaking - that's taxpayer funded education right there!

lol tomorrow there will be a government email sent out to cease ad dissist all tea bagging activities lol

Just messin man, good read cool


O.G.O.A.R Club- Life Member

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#9 2013-01-18 1:14pm

Jon1971
"100 Flavors of Fun"...
From: Philly-ish
Registered: 2010-07-25
Posts: 2965
Bikes: 3
Website

Re: NOOBS - Once and for all, how to determine what your bike is worth

85mongoose wrote:

Jon1971 wrote:

85mongoose wrote:


Nah, only took me like 20 minutes. Plus, it was on work time. I work for the government, so technically speaking - that's taxpayer funded education right there!

lol tomorrow there will be a government email sent out to cease ad dissist all tea bagging activities lol

Just messin man, good read cool

Ah, if only I had that kind of influence... "The government today announced they would stop all tea bagging because some fat, bald dude was on the internet"... =]


Scooters are just like bikes for guys who want to feel the wind in their vagina.

Do I owe you feedback? Please remind me via PM and I'll take care of it.

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#10 2013-01-18 1:20pm

leghound79
Pro Member
From: Mequon, WI
Registered: 2010-02-27
Posts: 1893
Bikes: 4
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

Well said!      I hate when people see, something like, an 87 PFT, sell on ebay for a big chunk of change.             Then someone else puts a 90s GT Performer up for the same price.           They're not even close to the same value guy!

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#11 2013-01-18 1:20pm

I am the owl...
Pro MemberSinner
From: Alberta, Canada
Registered: 2007-04-30
Posts: 21830
Bikes: 7
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

Jon1971 wrote:

Indirectly, I think Owl just tea bagged the taxpayers.

I'm in Canada, so I double tea bagged the taxpayers


I love dead people....

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#12 2013-01-18 1:21pm

KuWa FS
Pro MemberKuwahara Freestyler
From: Colorado
Registered: 2009-04-30
Posts: 2635
Bikes: 4
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

get back to work hoser!


Cream on the inside
Clean on the outside

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#13 2013-01-18 1:42pm

I am the owl...
Pro MemberSinner
From: Alberta, Canada
Registered: 2007-04-30
Posts: 21830
Bikes: 7
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

Its Friday.... and I have an hour left. Not gonna start now wink


I love dead people....

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#14 2013-01-18 1:43pm

Jon1971
"100 Flavors of Fun"...
From: Philly-ish
Registered: 2010-07-25
Posts: 2965
Bikes: 3
Website

Re: NOOBS - Once and for all, how to determine what your bike is worth

I am the owl... wrote:

Its Friday.... and I have an hour left. Not gonna start now wink

+1

this whole afternoon has been spent just waiting for the end of my work day.


Scooters are just like bikes for guys who want to feel the wind in their vagina.

Do I owe you feedback? Please remind me via PM and I'll take care of it.

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#15 2013-01-18 1:50pm

RoadRunner
Museum Addict
From: Texas
Registered: 2007-08-13
Posts: 1685
Bikes: 4

Re: NOOBS - Once and for all, how to determine what your bike is worth

http://cdn.motinetwork.net/motifake.com/image/demotivational-poster/0809/teabagging-tea-bagging-teabagging-lions-demotivational-poster-1221947318.png

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#16 2013-01-18 2:00pm

jasvanek
Lord High Priest of the Cube Monkeys
From: Oklahoma
Registered: 2012-02-08
Posts: 646
Bikes: 1

Re: NOOBS - Once and for all, how to determine what your bike is worth

Man, I thought it said boobs. Damn you, pen**!


--http://www.youtube.com/user/javanek/videos
"Besides being a guitar player, I'm a big fan of the guitar. I love that damn instrument." - Steve Vai

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#17 2013-01-18 3:15pm

wildon
Pro Member
From: Birmingham, UK
Registered: 2008-12-21
Posts: 1484
Bikes: 29
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

lol


Wanted....
Mint right hand red DC Tech 3 x2
Red araya 7L's

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#18 2013-01-18 3:25pm

cannadian freestyler
Pro Member
From: Orleans Ont, Canada
Registered: 2011-07-27
Posts: 524
Bikes: 14
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

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#19 2013-01-18 3:35pm

jkraig
Pro MemberLive Love Sleep BMX
From: West Linn, OR
Registered: 2007-01-31
Posts: 4423
Bikes: 76
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

Great post. This should be a sticky.


Wanted: OURY grip jersey patch

****  Friends don't let friends ride Moosegoose's ****

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#20 2013-01-18 4:02pm

83GTLongPro
"I Hate Cruisers"
From: Glenwood Springs, CO
Registered: 2009-09-02
Posts: 612
Bikes: 9

Re: NOOBS - Once and for all, how to determine what your bike is worth

I have an original 83 Columbia Tack Certified......   UBER RARE....   only twelve like it, on the whole Museum. Only broken and re-welded once.  It even has CUSTOM holes drilled in the frame, to make it lighter.  This thing is DEAD MINT.  Gotta be worth a pile of stones.!!     How much do you think I can get, for her??  tongue


"If he was an ice cream, he'd be pralines and d!ck."

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#21 2013-01-18 4:04pm

83GTLongPro
"I Hate Cruisers"
From: Glenwood Springs, CO
Registered: 2009-09-02
Posts: 612
Bikes: 9

Re: NOOBS - Once and for all, how to determine what your bike is worth

Jon1971 wrote:

Indirectly, I think Owl just tea bagged the taxpayers.

Hate to say it, but I think we're used to it, anyway.  neutral


"If he was an ice cream, he'd be pralines and d!ck."

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#22 2013-01-18 4:05pm

JAMMJ
Pro MemberBanned
From: Texas
Registered: 2009-05-18
Posts: 6821
Bikes: 13
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

a sticky on tea bagging?  yikes lol

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#23 2013-01-18 4:52pm

Jon1971
"100 Flavors of Fun"...
From: Philly-ish
Registered: 2010-07-25
Posts: 2965
Bikes: 3
Website

Re: NOOBS - Once and for all, how to determine what your bike is worth

JAMMJ wrote:

a sticky on tea bagging?  yikes lol

lollollollol


Scooters are just like bikes for guys who want to feel the wind in their vagina.

Do I owe you feedback? Please remind me via PM and I'll take care of it.

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#24 2013-01-18 5:04pm

dirtbikes
Pro Member
From: MI
Registered: 2011-08-26
Posts: 402
Bikes: 1
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

Get to work! You will be in the bread line soon.


Non paying member on 2 dibs in less than 2 weeks on same item. First time he called dibs he never pmd me for PayPal information so after a week of no pms I decided to repost the item and then the same member called dibs again for the second time. .So sellers and buyers beware of this member because he has a tendency to be a flake.

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#25 2013-01-18 5:25pm

TONE
Pro Member
From: Illinois
Registered: 2008-11-25
Posts: 1687
For Sale

Re: NOOBS - Once and for all, how to determine what your bike is worth

So basically, everyone here hates jazz music.


I'm done!  I need NOTHING!!!!!   smile

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