Table of Contents
- Where to Sell an Exercise Bike?
- Online Marketplaces
- eBay
- Facebook Marketplace
- Trade My Stuff
- Specialty Fitness Retailers
- Play It Again Sports
- WeBuyGymEquipment
- CTX Home Gyms
- Local Selling Options
- Classified Ads and Garage Sales
- Pawn Shops
- Fitness Stores and Gyms
- Donation and Recycling Options
- Charities
- Recycling Centers
- Tips for Selling Your Exercise Bike
- Comparison Table: Selling Platforms
- FAQs
- What’s the best platform for selling a used exercise bike?
- How much can I sell my exercise bike for?
- Should I sell locally or online?
- What if my bike is broken?
- Final Thoughts
- About Author
- Mariar Fernandez
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Where to Sell an Exercise Bike?
Where to Sell an Exercise Bike? You can sell an exercise bike online through platforms like eBay, Facebook Marketplace, or Trade My Stuff, or locally via Play It Again Sports, pawn shops, or classified ads. Prices for used bikes range from $50-$1,000, depending on condition and brand.
Online Marketplaces
Online platforms offer broad reach and convenience for selling used exercise bikes, connecting you with buyers nationwide.
eBay
eBay’s global audience makes it ideal for selling exercise bikes, with 135 million active buyers in 2024, per Statista. List your bike with detailed descriptions and high-quality photos to attract bids. Expect to pay 12.9% in fees, but local pickup options avoid shipping costs. Used bikes like the Schwinn IC4 sell for $400-$800.
Facebook Marketplace
Facebook Marketplace is fee-free and connects you with local buyers, reducing shipping hassles. In 2025, 65% of U.S. adults used Marketplace for second-hand goods, per a Pew Research study. List your bike with clear images and specs, pricing it 20-30% below retail for quick sales.
Trade My Stuff
Trade My Stuff specializes in used Peloton bikes, offering pickup and an 18-month warranty for buyers. Sellers receive offers within 24 hours after submitting a form. A 2025 Lifehacker report notes Trade My Stuff’s $95 activation fee rebate with code ACTIVATE4FREE, boosting appeal for Peloton sellers.
For secure transactions, list on eBay’s exercise bike section or explore Trade My Stuff’s Peloton marketplace.
Specialty Fitness Retailers
Fitness-specific retailers offer professional transactions and often handle pickup, ideal for high-end or commercial-grade bikes.
Play It Again Sports
Play It Again Sports buys used fitness equipment, including exercise bikes, for cash or store credit. They offer 10-20% more for trade-ins, per their 2024 policy. With 300+ U.S. locations, they prioritize bikes in good condition, like NordicTrack models, fetching $200-$600.
WeBuyGymEquipment
WeBuyGymEquipment auctions used gym equipment to global traders, ensuring competitive offers. Their app-based platform, launched in 2020, streamlines submissions. Commercial-grade bikes, like Life Fitness models, can sell for $500-$1,000, per their 2025 data.
CTX Home Gyms
CTX Home Gyms purchases bulk or single commercial exercise bikes in the Austin, TX, area. They handle pickup, saving you effort. A 2025 report notes they pay 50-70% of original value for well-maintained bikes, such as Precor models.
Check Play It Again Sports’ store locator or submit to WeBuyGymEquipment’s auction platform.
Local Selling Options
Local sales provide quick transactions and avoid shipping, appealing to buyers who want to test equipment.
Classified Ads and Garage Sales
Local newspapers or sites like Craigslist offer low-cost or free listings. A 2025 Total Shape study found 60% of local buyers prefer testing equipment before purchase. Price bikes like the ST Fitness 4730 at $300-$800 for excellent condition. Garage sales attract bargain hunters but may yield lower offers, around $50-$200.
Pawn Shops
Pawn shops buy exercise bikes outright for quick cash, though offers are often 20-40% of retail value, per a 2024 The Pro’s Closet report. They prioritize lightweight, functional models. Expect $100-$300 for brands like Schwinn.
Fitness Stores and Gyms
Local fitness retailers or gyms may buy used bikes, especially high-end models. A 2023 Consumer Reports study suggests contacting stores like Fitness Superstore, which pay $200-$500 for bikes under 10 years old. Gyms occasionally take donations or resell equipment.
Search for local buyers via Craigslist or contact nearby gyms using Google Maps.
Donation and Recycling Options
If selling isn’t viable, donating or recycling frees up space while supporting sustainability.
Charities
Goodwill or The Salvation Army may accept functional bikes, though only 25% of charities take large fitness equipment, per a 2023 Consumer Reports study. Donated bikes must be under 10 years old and fully operational.
Recycling Centers
Metal recycling centers accept broken bikes for scrap, paying $10-$50 based on weight. A 2025 Total Shape report notes this is ideal for non-functional equipment. Search “metal recycling near me” for options.
Explore donation options at Goodwill’s locator or find recycling centers via Earth911.
Tips for Selling Your Exercise Bike
- Clean Thoroughly: Disinfect handlebars and seats. A 2021 HeydayDo report notes clean equipment sells 30% faster.
- Provide Details: List brand, model, and condition. Include the original price to show value, e.g., “Peloton Bike, originally $1,895, now $900.”
- High-Quality Photos: Use natural light and multiple angles. A 2024 The Pro’s Closet study found listings with 5+ photos sell 40% quicker.
- Check Condition: Ensure smooth operation. Buyers test 80% of used bikes, per a 2025 Total Shape study.
- Price Competitively: Research eBay sold listings to set prices 20-50% below retail for used bikes, e.g., $500 for a $1,000 bike.
Comparison Table: Selling Platforms
Platform | Fees | Reach | Best For |
---|---|---|---|
eBay | 12.9% | National/Global | High-value bikes |
Facebook Marketplace | None | Local/National | Fee-free local sales |
Play It Again Sports | None (direct buy) | Local | Quick cash or trade-ins |
WeBuyGymEquipment | Auction-based | Global | Commercial-grade bikes |
Craigslist | None | Local | Budget-conscious buyers |
FAQs
What’s the best platform for selling a used exercise bike?
eBay offers the widest reach, while Facebook Marketplace is ideal for fee-free local sales. Trade My Stuff suits Peloton sellers with pickup services.
How much can I sell my exercise bike for?
Prices vary: $50-$200 for basic models, $400-$1,000 for premium brands like Peloton, per 2025 eBay sold listings. Condition and age impact value.
Should I sell locally or online?
Local sales via Craigslist or pawn shops are faster but yield lower prices. Online platforms like eBay maximize profit but may involve shipping.
What if my bike is broken?
Donate to charities if repairable or sell to recycling centers for scrap, fetching $10-$50, per Total Shape’s 2025 guide.
Final Thoughts
Selling an exercise bike requires balancing speed, profit, and convenience. Online platforms like eBay and Trade My Stuff offer high returns, especially for premium models, while local options like Play It Again Sports or Craigslist ensure quick sales. Clean your bike, provide detailed listings, and price competitively to attract buyers. For non-functional bikes, consider donating or recycling. Check eBay’s sold listings for pricing guidance or visit Play It Again Sports for local trade-ins.