PSA: selling your bicycle online? Let the money clear first.

Please do the following when you are selling your bicycle online…

Selling a bicycle in Facebook marketplace or Gumtree or BIKEHUB is quick and easy, right? Take a pic, upload your ad, get a buyer, confirm the price, and send the bicycle. But you will be surprised how many times we are confronted with people who send of bicycles to prospective buyers without checking the facts first. Or waiting until the funds have cleared in their accounts.

Now look, I’m a super positive person and want to believe that all people are basically good. And I’m guessing so do you. But the fact remains the SA has a massive unemployment problem and that there is always someone out there making a clever plan to get hold of something easily. So don’t be gullible. Do the right thing when selling your bicycle online. Wait until the money reflects in your bank account before you send off the bicycle. It just makes sense.

Selling your bicycle on Facebook marketplace

How to sell you bicycle on Facebook marketplace. Which is the most probably the most popular way to sell your bicycle online. You advertise the bike. A buyer contacts you. And you can see the buyers profile details to check him or her out. But it could also very well be a fake profile. Or they ask you to send the bicycle immediately before they have paid you. Or send you a fake proof of payment. And then take receipt of the bicycle. Leaving you out of pocket. So please do not send off the bicycle until the funds have cleared in your bank account. Or consider using the Bikehub method below. As always, just be vigilant.

Selling your bicycle on BIKEHUB

And this is why we love the system in place at BIKEHUB. Which is another (probably safer) way to sell your bicycle online. Because there you can advertise your bicycle for sale. Prospective buyers can contact you. They can even pay the purchase price into a suspense account. And then you send them the bicycle. Either with ourselves at #bicyclecouriers or by other means. And when the buyer gets the bicycle and confirms it is in good order the funds are released and the seller gets paid. But this means the funds go into an account first. As in the full purchase price. Not a promise, or a fake proof of payment.

TLDR

Summary: don’t send your bicycle before the money clears, obviously.

Questions?

Ask us! We’re here to help. Whether selling your bicycle online or just sending it off to your holiday destination or next bicycle race…