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Any Dublin bike shops take trade-ins?

  • 03-06-2009 7:58pm
    #1
    quenching
    Registered Users, Registered Users 2 Posts: 1,190 ✭✭✭


    I'm getting myself a new bike under the bike to work scheme and storage space for a third bike is an issue. So, I may try to trade in my current, little used MTB, against a new hybrid.

    Anyone know which shops, if any, will likely take a Giant Terrago Disk, about 18 months old, never seen any actual mountain biking but used for commuting for about 4 months, in excellent condition. New price is about €560. I'm after a Specialized Sirrus Expert at around €940.

    What am I likely to get for the Giant as a trade-in, or should I sell it privately on adverts.ie? What's it worth as a private sale?


Comments

  • #2
    AstraMonti
    Registered Users, Registered Users 2 Posts: 5,718 ✭✭✭AstraMonti


    I think cyclesuperstore do it, but your best bet would be to try to sell it to adverts.ie or at something equivalent!


  • #3
    vektarman
    Registered Users, Registered Users 2 Posts: 2,923 ✭✭✭vektarman


    Staggs in Lucan took my bike as a trade in, they have Giant and Specialized bikes in stock.


  • #4
    SerialComplaint
    Registered Users, Registered Users 2 Posts: 2,644 ✭✭✭SerialComplaint


    I doubt if they will give you a trade-in under the bike-to-work scheme, as the cheque is coming from your employer, not you.


  • #5
    TinyExplosions
    Registered Users, Registered Users 2 Posts: 6,860 ✭✭✭TinyExplosions


    SerialComplaint wrote: »
    I doubt if they will give you a trade-in under the bike-to-work scheme, as the cheque is coming from your employer, not you.

    I can't see why that'd matter to them, they're getting the money anyway, and don't have to fill in any paperwork or anything -it's just a sale to the bike shop.


  • #6
    Lumen
    Registered Users, Registered Users 2 Posts: 31,223 ✭✭✭✭Lumen


    TinyExplosions wrote: »
    I can't see why that'd matter to them, they're getting the money anyway, and don't have to fill in any paperwork or anything -it's just a sale to the bike shop.

    Indeed, it's basically a purchase by the employer using the employee's money, unless your employer is generous enough to just give you the bike.

    The only complication is that under a salary sacrifice scheme the employer may technically own the bike until you've repaid, so if you got a 50% discount on trade in and then got made redundant the next week you'd lose out.


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  • #7
    SerialComplaint
    Registered Users, Registered Users 2 Posts: 2,644 ✭✭✭SerialComplaint


    Lumen wrote: »
    Indeed, it's basically a purchase by the employer using the employee's money, unless your employer is generous enough to just give you the bike.
    TinyExplosions wrote: »
    I can't see why that'd matter to them, they're getting the money anyway, and don't have to fill in any paperwork or anything -it's just a sale to the bike shop.

    I'd have thought that using a trade-in to get a discount on the price (which is being paid by the employer) might get messy for tax reasons. But I guess it is down to the shops and the rules of the scheme.


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