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Bicycle Valuation Guide Print
We place a value for all donations on the receipt as (1) a service to donors, who generally don’t know the value of a used bike, and (2) because IRS and the public want to know the total value of donations to Bikes for the year during any given year.  

Please make the appraisals as uniform as possible, based on the guidelines below.  IRS guidelines suggest a “market value”—however, there is NOT a large market for second-hand bicycles hence the values typically are quite low.  The IRS suggests that valuations be in line with what a person would generally receive at a "rummage sale", "flea market", or "swap meet", i.e., linked to realistic fair market re-sale values.

GENERAL

  • Frames: Welded/lighter-weight--higher value, stamped/crimped--lower value. 

  • High-end brands:  Specialized, Fuji, Trek, Gary Fisher, Raleigh, Nishiki, Novara, Performance, Peugeot, Cannondale, Univega

  • Middle brands:  Schwinn, Mongoose (depends on date of manufacture, earlier is better), Motobecane, Gitane

  • Low-end brands: Huffy, Murray, Free Spirit, Columbia (typically worth < $50)

BY MODEL

Children's bicycles:

1-speed--most in $10-25 range, occasionally $40 if new-looking and tires have air.  

BMX type--$40-$50

Multi-speed--$25-$60 if high end (brands include Specialized, Trek, Gary Fisher), new, and ride-able as is.

Adult bicycles:

Older 1-speed (wide-tired) or 3-speed bikes -- $20-30

Most older 10-speeds narrow-tired road bikes --
            Welded -- $30-$150 (most $40-$60)
            Stamped/crimped -- $10-$45 ($50 if really good)

Mountain bikes (wide-tired) or hybrids
            Welded -- $40-$150 (most $60)
            Stamped/crimped -- $20-$60
            Broken/damaged -- $25-$30

Brand new bike: Ask what it cost owner and appraise at 50%
 

Our Sponsors

Bikes for the World is a sponsored project of the Washington Area Bicyclist Association, a 7,000-member non-profit advocacy and educational organization promoting bicycling in the Washington DC metropolitan area. Founded in 1972, WABA manages, sponsors, or coordinates a wide range of activities benefiting area cyclists and the community-at-large.

For more than 30 years, the Washington Area Bicyclist Association has been promoting bicycling as a healthy and sustainable means of transportation by advocating for better riding conditions in the District of Columbia, Maryland, and Virginia. Become a WABA member now and show your support for a fully integrated transportation system. One that allows you to ride your bicycle everywhere you want to go - safely.

For further info on WABA, visit www.waba.org, or to become a member of WABA, you can visit their signup page here

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