Thursday, October 15 2020
Bicycles have always been popular items, whether as a mode of transportation or means of exercise.
As people become more conscious about the potential downsides of driving in cars so often — cost, pollution, and lack of exercise, among others — are making them even more favored by people all over.
Consequently, bicycles are in strong demand at many pawn shops. Of course, you can’t just bring your bike to any pawn shop to get the best price. Below, we’ll go over how to make the most money selling your bike to a pawn shop.
Polish Up Your Bike
If you’re an avid biker, there’s a good chance your bike has seen some wear and tear. So first and foremost, you’ll want to make sure your bike’s in as great shape as possible — the better condition it’s in, the more money you’ll make.
No need to do a complete makeover, though. Do some basic maintenance: oil the chains, fill the tires, secure the nuts and bolts, make sure the seat is in good condition, etc.
Also, consider cleaning the bike up. See if you can fix any scuffs anywhere to enhance its appearance.
Lastly, make sure you have any accessors, such as an air pump, helmet, and, if your bike has one, a basket. Every accessory offers a slightly better case for someone buying your bike, meaning you could earn a few more bucks.
Research Your Bike Online
Once your bike is looking good, it’d be a great idea to poke around online and see how much similar bikes sell for. Doing so will give you a solid expectation of what you’ll make on your own.
First, look for your make and model online. Write down the price you find for each one.
Additionally, visit a few pawn shops and see what kind of bikes they have for sale. Keep track of those prices as well.
Now, pawn shops won’t buy your bike for as much as they might be selling other similar bikes. After all, they have to make money, so keep that in mind.
Find a Good Pawn Shop
With a polished up bike and information in hand, it’s time to find a pawn shop.
But don’t go with just any pawn shop. Not all will give you the best price.
Additionally, some pawn shops don’t take bikes at all. They won’t be able to help you much.
Do some research to find pawn shops near you that specialize in bicycles and other sporting items. The extra time spent looking for these shops will pay off in spades when you get the money you deserve.
Looking to sell a bike? Cash Express is happy to take a look at yours. We take plenty of other items as well — especially jewelry, watches, and metals — so bring your stuff down to our pawn shop in Philadelphia today!