We use the following checklist, which has been refined a lot since this was written. Glad to send a copy of the worksheet if you reply off-list.

http://ohiocitycycles.org/index.php?option=com_content&view=article&id=14&Itemid=52#Bike_Pricing_System

Jim Sheehan
Director, Ohio City Bicycle Co-op
1840 Columbus Rd
Cleveland, Ohio 44113
216 830 2667
OhioCityCycles.org
jim@ohiocitycycles.org

On Thu, Feb 26, 2015 at 4:41 PM, Sam Haraldson <sam@bozemanbikekitchen.org> wrote:

Thanks for your response Sam! How did you all settle on $50? 

Having a $50 tag on a particular bike signifies to our volunteer staff that the bike qualifies to be given away at no charge (as part of our "Community Bikes" program where we partner with the local food bank and other social organizations).  So essentially that number has meaning to our staff.  How we actually settled on the $50 was based in what we feel these bikes are valued at in terms of hours of work and any parts that go into them.  Our organization gives away approximately 50 bikes per year so at any given time we'll have maybe a 1/2 dozen Community Bikes on hand.  Also in stock will be a one or two dozen bikes ranging in price from $100 up.  

- Sam  


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