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do bike shops take trade-ins?(8 posts)

do bike shops take trade-ins?CaptainDirt
Apr 17, 2002 9:07 PM
In October I built up a GT ZR1 with Chorus 10, Ksyriums, Itm Millenium bar/stem, Thomson post, Flite Gel Saddle, Easton EC70 all-carbon fork, Record headset. Obviously it's a pretty nice road bike, but I've had an epiphany. I don't really like riding road all that much. Don't get me wrong, it can be fun, but just not as fun as mountain biking. I have know idea what was in my head when I was buying it, but it was a huge mistake. After only riding about 150 miles in the 7 months I've owned it. SO...my question is this: would a bike shop let me trade it in for a mountain bike? How decent a bike could I get if we made an even swap? I want a mountain bike NOW, so I'm looking to unload this thing as soon as I can. What should I do?
re: do bike shops take trade-ins?jaredhartman
Apr 17, 2002 9:24 PM
Mine did. I bought an entry level Cannondale hardtail (terra) form them and up graded the hell out of it. Putting at least into it what I originally spent on it. Eventually I got a track bike for the road and after riding road I realized I don't really like off road. I had six hundred miles on the frame, 400 on the fork, and fewer on the components that I upgraded. He gave me about half of what I I had invested in it, which left about a 550 dollar balance on the road bike I got. In other words, I think he wanted to make sure he would cover his own price on the new bike. I think it also helped that I bought a fari amount of the stuff on the bike from him. I am sure bike shops take trade ins, but how much they give you depends; have you been a customer to them. It probably won't help that GT got bought by Pacific either.
I'll trade ya?!manofsteel
Apr 17, 2002 9:35 PM
I'm looking to unload my mtn bike. It's an '01 Gary Fisher Big Sur hardtail. LX-XT components, manitou SX fork, Bontrager-panaracer wheel/tire set-up, kore handlebar. It's the perfect bike for x-country, assuming that's what you want a mtn bike for. Anyways, if interested email me whoop2dma@webtv.net for more details on the bike. Michael
varies by shop?SteveO
Apr 18, 2002 3:07 AM
i've been in many shops with used bikes...i honestly dont know if they were trade-ins or on consignment though.

everyone runs their own business their own way.... call and find out.
I Take TradesBill B
Apr 18, 2002 4:52 AM
I own a bike shop, this is my formula for trades. 1st rule, I do not pay more for a used bike than a new bike. I cannot get more for it than you would selling it on your own, witch is about half what you paid for it. So if you paid $1000, the resale is going to be around $500-600, I've got to make a buck on it so I'll offer you around $300 for it if it is in very good condition. That gives me around a 50% margin, a new bike is around 30-35%.
I'll trade you!!!b_spiwak
Apr 18, 2002 4:19 AM
I had the complete opposite happen to me: I have somehow fallen in love with roadbiking, and I just never use my mtn bike anymore. Anyways, if you're intersted, it's a trek 6700 hardtail frame built with XTR/XT parts, Manitou Mars elite fork, XTR hubs laced to Mavic 517 rims, etc. Nothing but the best, I raced on it but just don't want it anymore. If you're interested, email me at b_spiwak@yahoo.com.
your best optiontarwheel
Apr 18, 2002 6:06 AM
Sell the bike on eBay. There's a little hassle involved, but you will get much more for the bike than if you sold it locally or convinced some shop to take a trade-in. To sell on eBay and get a decent price, you must include some nice digital photos and a very complete description of the frame (dimensions) and components.
...and have a decent feedback rating...JS Haiku Shop
Apr 18, 2002 6:16 AM
but, second that. ebay's the way to go. you can even sell it (at a bit lower rate) if you have little or no feedback (new user). now's the time to sell on ebay, considering spring fever and all...