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- To calculate the value of your bike, you can follow these steps1:
- Find the purchase price of the bicycle (MSRP).
- Estimate the life expectancy of the bike. On average most bicycles have a lifespan of 5 years.
- Divide the purchase price by the life of the bike. (You can also factor in the initial drop in price for the first year)
- Subtract the loss in value from the original purchase price.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Here are the steps you need to follow:
- Find the purchase price of the bicycle (MSRP).
- Estimate the life expectancy of the bike. On average most bicycles have a lifespan of 5 years.
www.bostonbikes.org/advice/how-to-calculate-the-…Here’s what a basic calculation formula looks like. Resale Value = (Bike price / 2) x 0.9n Where n = bike age -1biketoworkday.us/used-bike-value-calculator/ - People also ask
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Value Guide - Bicycle Values - BicycleBlueBook.com
The industry's definitive. bike valuation authority.
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