Is it safe to sell your electric bike online? Here's what you need to know.
Yes, it can be safe, but only if you know what to look out for. The first steps are often where things go wrong. That's why, in this blog, I'll guide you step by step.
Demand for used electric bikes is high, especially now that new models are becoming increasingly expensive. This makes selling them attractive, but also risky if you are not well prepared.
Written by: Hanna Stevens | January 15, 2025 | Reading time: 4 minutes
More about the author: Hanna Stevens
Hanna is an avid cyclist who loves exploring new routes and sharing her experiences to inspire others to get on their bikes more often.
Key findings
- A trial without a guarantee is the greatest risk.
- The battery determines a large part of the value.
- Specialized platforms are safer than they appear
What risks do you face when selling online?
There are two major risks: theft and fraud. This may seem obvious, but these situations are more common than you might think. Other problems can also arise:
- Test drive theft: someone takes a car for a "spin" and never returns.
- Fake buyers with fake payment apps: you see a "payment," but the money never arrives.
- Phishing and fake websites: sites that look like real sales platforms, but are not.
- Fake profiles: flattering words, a sense of urgency, then no further communication.
What should you pay attention to when selling?
To ensure a secure transaction and get the best price, you need to act strategically. Here are the main points to consider:
1. Organize the test safely
Never let a potential buyer leave without a guarantee. A commonly used method is "cash in hand": the buyer pays the full amount in cash before being allowed to test the bike. If the bike suits them, the sale is concluded; if not, the buyer gets their money back, provided the bike is returned in the same condition.
Other forms of collateral may include a valid ID, car keys, or a phone, although experienced sellers warn that these items can also be forged.
One of the safest places to meet is the parking lot of a police station or a busy public place with lots of surveillance cameras. Some sellers even choose to follow the buyer during the test ride with another electric bike to stay in control.
2. Honesty and presentation
A clean bike sells better. Clean your electric bike thoroughly and inspect it for scratches, dents, or mechanical defects. Be honest in your ad about the condition of the bike; transparency inspires confidence in serious buyers. Use good-quality photos taken from different angles and, if possible, a short video of the bike in action.
3. Battery status
Battery health is the most important factor in determining the value of a used electric bike. Lithium-ion batteries lose approximately 15 to 20% of their capacity each year. It is advisable to have an official report on the condition of the battery drawn up in order to justify your asking price.
4. Determine the right price
Set the right price by researching comparable models online, on platforms such as 2ememain. Take into account factors such as mileage, brand reputation (brands such as Bosch or Shimano retain their value better), and seasonal demand; in spring and summer, buyers are often willing to pay more. Don't forget to mention extras, such as a high-quality lock or an additional charger, to justify a higher price.
Where can you sell your electric bike online?
There are different types of platforms, each with its own advantages and disadvantages:
- General marketplaces (such as Facebook Marketplace or 2ememain): these offer high visibility and are often free. However, you will have to deal with many unreliable offers and a higher risk of scams.
- Specialized buyers and refurbishers (such as Upway): this is often the fastest and most stress-free option.
Sell at Upway
For those who don't want to engage in lengthy negotiations with strangers or take the risk of trying things out, Upway is an excellent alternative. Upway in buying and selling electric bikes and has fully digitized the process.
How does it work?
- You fill in the information about your electric bike online.
- You will receive an offer within 48 hours.
- You have 14 days to change your mind.
- Upway a bike box, or you can provide one yourself.
- They will collect the bike free of charge, or you can also drop it off yourself.
What are the conditions?
Upway certain criteria to the bikes they purchase. In general, they only accept electric bikes manufactured after 2014 and equipped with certified lithium-ion batteries. The bike must not have any structural damage, such as a cracked frame, and must be delivered complete with the charger and all keys.
The advantages
- No risk of theft
- No payment fraud
- Professional control
- Sustainable resale
- Sometimes a discount code for a future purchase
Additional tips that are often overlooked
- Cancel your electric bike insurance
- Remove the bike from all tracking apps
- Take photos of the bike before handing it over.
- Write down the chassis number and serial numbers.
Conclusion
Selling your electric bike online is completely safe, provided you take the right precautions. Whether you choose a personal approach via a marketplace with strict rules for test rides, or the ultimate convenience solution with a platform such as Upway, the key is to be well informed. By being honest about the condition of your bike, asking for a realistic price, and putting safety first, you can easily turn your used electric bike into cash.
FAQ
What is the safest way to sell an electric bike?
Via a specialized platform without testing, such as Upway.
Should I allow a trial?
No, it is not mandatory. Without a trial, the sale is often more secure.
How can I find out how much my electric bike is worth?
Compare similar models and consider the condition of the battery and the brand.
Is cash still safe?
Only if you receive it in advance and check it carefully.
What should I do if my battery is in poor condition?
Be honest; it avoids arguments and mistrust.