How much do bikes depreciate?

Asked by: Todd Hill

Bicycles typically lose 50% of their value in their first year, followed by a 10% depreciation each year after that.

What bikes hold their value the most?

Bikes made by Harley-Davidson, BMW, and Ducati, in fact, seem to hold their MSRP value better than any others. By brand, according to data compiled by the Kelley Blue Book Official Motorcycle Guide, Harley-Davidson motorcycles retained an average of 84% of their value over a five-year period.

How do I find the value of my used bike?

Subtract the depreciation expense from the original purchase price of the bike. The result is how much the bike is worth. For example, if the bike in step 3 is three years old, then the used bicycle would be worth $200.

Is buying a bicycle a good investment?

Buying a bicycle is a great investment and an excellent way to save money as a student, not only will it get you from A to B for free, but it will keep you fit and healthy too!

Do old bikes have any value?

“Don’t assume a vintage bicycle is worth a fortune, because only the best bikes fetch high prices,” says Langley. “Most vintage bikes sell for between $100 and $400. Even museum-quality antiques, like highwheel bikes, typically don’t change hands for more than around $3,000 to $4,000.”

How quickly do bikes lose value?

Bicycles typically lose 50% of their value in their first year, followed by a 10% depreciation each year after that.

Do bikes retain value?

As bike prices continue to creep higher, so too does the cost of depreciation. Consumers have to expect their new bikes to lose significant value the moment they ride it.

How much should you pay for a used bike?

As a general rule of thumb, you can get a really nice, long-lasting used bike in the $200 to $400 range. A brand new bike with similar build quality and features should run you around $500 to $900. Any less and you’re probably looking at a piece of junk.

How fast do mountain bikes depreciate?

The depreciation value of 45 percent for mountain bikes is a lot higher than that of a car which is placed at about 10 percent within 12 months. This huge disparity is enough to leave you disheartened hence, it should be taken into consideration when buying the more expensive line of mountain bikes.

Is Bicycle Blue Book accurate?

Is Bicycle Blue Book accurate? Bicycle Blue Book prices are pretty accurate, especially on stock bikes. They vet and validate algorithmically generated values to ensure the prices accurately reflect market trends.

Do Trek bikes hold their value?

That’s not to say some of the smaller brands don’t hold their value too, but generally those brands selling high-end bicycles with better components for high-end prices will produce bikes that hold their value best over time. Giant, Trek, Specialized, Cannondale are examples of brands that hold their value.

Are older bicycles better?

If you are a normal, every day commuter, a well maintained bike from the 80’s may be absolutely fine, but a more modern bike might be a bit lighter, a bit more able to soak up bumps, have better gearing system and this may make the difference if you are using it every day.

Are old Schwinn bikes worth anything?

In excellent condition, vintage Schwinn bikes can be worth thousands of dollars. In rough shape, they may still be worth several hundred.

Are old Huffy bikes worth anything?

The huffy bikes that were released in the 1990s can only cost around $300 or less. While other Huffy classic bikes like the Huffy radio bike from 1955 can come with a staggering price. The Radiobike can sell from $1500 to $2000 online, depending on the condition and appearance.