In a recent story we wrote about the ongoing bike supply chain whiplash that has meant an oversupply of bikes at bike shops, leading to maybe the highest and most discounts on new bikes we’ve seen in a long time.
A lot of people have been getting brand new bikes for 25% off retail price, or more. Presumably, that means that some buyers are bypassing the used market entirely for a new bike and there is less interest in the used bike market. It also probably means that private sellers are facing the same issues as bike shops: a waning interest from new buyers and a smaller demand than a few years ago, and it might take longer for private sellers to find a new home for their old steed.
With that in mind, we want to hear from you if you’ve sold or attempted to sell a used bike recently.
Does more than one answer fit, or have you run into another problem we didn’t list? Tell us in the comments below!
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Apr 22, 2023
Apr 17, 2023