Originally Posted by
pedpower
Example, if I wanted to trade in a 2008 Trek Madone 5.2, how does the dealership come up with a value for my trade in? Do they look at bicyclebluebook.com and give the client the current rate or do they look at other factors/sites for that info ect?
Say the book price is $500. This is the estimated price to the consumer (the
retail price).
A shop would have to buy the bike for
less than $500 (a "wholesale" price).