Advertising Your Bike for Sale
Posted on 12. Apr, 2009 by admin in Personal Finance
If you are looking to put your old bike up for sale, check out these various methods to help you get the most for your used two wheel transporter.
The first thing you want to do when listing your bike for sale is determine whether you want to sell locally, online, or both. Selling locally gets you immediate cash in hand for your bike, but you are limited to the set amount of money a person or business offers you. Selling online allows you to broadcast to a much wider market, both locally and across the country that puts you in a position to get more money for your bike, but you have to subtract that amount from the cost of shipping and handling.
If you choose to sell locally, you will benefit the most in profit from selling directly to a neighbor or person on craigslist, due to the fact that whenever you sell to a pawn shop or bicycle specialty store they have to leave room to make a profit.If you choose to sell online, you will benefit the most from an auctioneer site listing, as this will bring about a competition like setting to help bring the price for your bike up and above its value.
Overall if you are looking to get rid of your old bike, check out the utilization of both online and local methods to help put your bike for sale.
