Got Old Bikes & Gear?
DROP IT OFF
Get your items to us: swing by the store, ship them, or schedule a pickup at your home.
WE DO THE WORK
From assessment to pricing, photography to shipping. It's all handled by our experienced staff.
YOU GET PAID
Watch your items sell and money start coming in the form of a check, paypal, or store credit.
How Much Will I Make?
Your Takeaway
- 50% on the first $100
- 65% on the next $400
- 80% of the remaining value over $500
- *after minimum commission (see below)
Let's Calculate It
*additional deductions may lower the final return (see below)
Your Options
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CONSIGNMENT
Drop it off. We do the work. You get paid when it sells, getting you max value.
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TRADE / CREDIT
Get our consignment rate immediately in store credit for a purchase now or later.
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CASH / CHECK
In some cases we will make an offer for a lower payout but immediate deal.
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DONATE
Donations help us to better serve our local community with affordable services and programs.
How It Works
Additional Details
OUR COMMISSION: is based on the sale price of each item. This excludes sales taxes and shipping (if either is applicable). Shipping is charged at calculated and industry standard rates.
PAYOUTS: We pay all consignors at the beginning of each month for all items that sold over 7 days prior. You have the option of being paid by Zelle, Paypal, check (mailed or pick up in store), or get an extra 5% in store credit. After 7 days you can request an early payout via Zelle, Paypal or store credit.
PRICING: We take items on consignment that we expect to sell for $80 or more. Items below that can be donated. We shoot to price items at the high end of the used market and periodically drop the price until it sells. We typically drop price by ~10% per month on bicycles that are sold with our Fresh Ride Guarantee and we do ~10% price drops twice per month on all other items. This approach helps items find their true market value (what someone will actually pay for it).
- Most people trust us to research and price items. With consignment, we're in it together - the more it sells for, the more we both make. However, if you have a minimum you want for an item, let us know - If we're unable to sell it for that price, we will drop your minimum by 10% each month until it sells or you pick it back up (return fees apply).
RETURN FEE: If you decide to end he consignment agreement, there will be a $75 per bicycle or $40 per item return fee (plus full parts and labor charge, if applicable).
MINIMUM COMMISSION: We have a minimum commission of $40 per item which helps to cover the time and expenses to sell each item. The Minimum Commission is taken out of the beginning balance of the sale until the minimum is reached. If your item sells below the minimum commission there will be no payout on the item. See examples below
EXTRA PARTS & LABOR: We stand behind every product we sell, so if additional parts and labor are required for us to back the bike with our Fresh Ride Guarantee (60 day mechanical warranty), we’ll bill it at a discount of 15% off our normal rates, deducted from your payout once sold.
TRADE INS: are based off an appraised "confident resale value" and are calculated using our consignment rates less any deductions. Trade in credit will be added to your customer account for use immediately or later.
STRAIGHT SALES: aare at the discretion of our staff and require a proof of purchase and serial number check. We typically offer 15% below our trade in value. Depending on the scenario we may or may not be able to offer an immediate payment on the spot, but can send it typically within 2 days via check or PayPal.
PICK UP FEES: If you would like us to drive and pick up your item(s), we charge a standard pick up fee of $35 plus an extra $1 per mile driven. This will be deducted from your payout(s).
SHIP IT TO US: If you would like to ship us items to sell, you are responsible to cover the cost of packing and postage. If after inspection, any items are not approved for resale we will either donate them, or you can cover the cost of packing and postage to have them sent back to you.
NO EXTRA FEES: Our commission covers any ebay/paypal or credit card fees (which can be up to 14%) associated with the sale.
SAME RATES: Wondering what happens if something sells in store or online instead of on eBay? What you get is the same.
- EXAMPLE 1: Your item sells for $100 on ebay. You get $50, ebay gets $13, and we keep the remaining $37.
- EXAMPLE 2: Your item sells for $1000 online via credit card. You get $710, cc takes ~$30, and we keep the remaining ~$260.
- EXAMPLE 3: Your item sells for $60 in store via cash. You get $20, we keep $40 due to the $40 minimum commission.
- EXAMPLE 4: Your item sells for $25 in store via cash. We keep the full $25 due to the $40 minimum commission.
EXCLUSIVITY: Sorry, but you can't try to sell the item on the side while it's on consignment. Don't worry, items we sell typically go for well above market value due to our brick and mortar bike shop, experience with the used market, effective pricing strategy, and overwhelmingly positive reviews.
SELLING TIME: Most items are listed for sale within a couple weeks and sell within a few months. This of course varies depending on the queue of consignor items and whether you're after a quick payout or maximum value.
OTHER QUESTIONS? Feel free to ask.