We Buy Any Bike Review: Pros, Cons & Selling Experience
Considering selling your bike through We Buy Any Bike? This in-depth review covers the platform’s valuation process, fees, and real user experiences to help you decide if it’s the right choice for cyclists looking for a hassle-free sale.
How We Buy Any Bike Works
We Buy Any Bike is a UK-based service specializing in purchasing used bicycles, offering a streamlined alternative to private sales. The platform caters to road bikes, mountain bikes, and hybrids, promising competitive pricing and convenience.
Valuation Process
To get an instant quote, enter your bike’s details (brand, model, age, condition) on their website. For example, a 2020 Trek Domane SL 5 in "good" condition may fetch £800–£1,200, though final offers often adjust after in-person inspection.
Collection & Payment
Once you accept the offer, a technician collects the bike for verification. Payment is issued via bank transfer within 24 hours. Note: Fees (typically 10–15% of the quoted price) apply for collection and admin costs.
Pros and Cons
Advantages: Fast transactions (often <48 hours), no listing hassles, and free collection. Ideal for sellers prioritizing convenience over maximizing profit.
Drawbacks: Lower offers than private sales (20–30% less), limited negotiation, and fees reducing net proceeds. Not recommended for rare or high-end bikes.
Alternatives to We Buy Any Bike
For better returns, consider Pinkbike (global marketplace) or local Facebook cycling groups. Trade-ins at retailers like Evans Cycles may also yield store credit bonuses.
Final Verdict: Is It Worth It?
We Buy Any Bike suits sellers needing quick cash for mid-range bikes but isn’t optimal for premium models. Always cross-check quotes with platforms like Bicycle Blue Book to ensure fairness.
Key Takeaways
1. Use for convenience, not profit. 2. Verify condition reports to avoid offer reductions. 3. Explore alternatives if your bike is valued over £1,500.
