Assessing Value of Donated Bikes
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
This is very relative to the value of used bikes in your area. I choke when I see how much used bikes cost in San Fran or NYC -- then again I choke when I see what ANYTHING costs in those places. That being said...
In Utah we allow people to volunteer at a rate of $5 per volunteer hour for used stuff. They have to pay [at least] the wholesale cost on new things, aka things we have to buy from a distributor. That way we cover our costs. All hours are recorded on a web based system http://volunteer.slcbikecollective.org/ and people literally cash in their ours via the "work trade" link.
As for establishing the value of each bike, we look at what they go for on ksl.com (local craigslist) and price them lower, but not so low that bike-flippers have a margin incentive to buy and flip our bikes. We also don't under sell (or allow volunteer trade) for the really nice parts through the shop, we ebay those, and use that as a form of income. Occasionally we will hook up an exceptional volunteer with nicer stuff, let me emphasis exceptional. If a frame is dented (but safe), we will also give that to a close volunteer as opposed to selling it and running into an liability/insurance issue later. Shipping complete bikes is expensive and time consuming, so we don't do it -- just parts on ebay.
We have learned to raise prices slowly if we feel they are low, this 'boiling frog' approach has helped us avoid alienation of our volunteers.
Currently on average Road Bikes (high demand, low supply) range from $100-$200. Cruisers only sell around burning man time, and they are priced slighly lower than road bikes. Mountain bikes range $50-$120. That being said we have a nice trek road bike currently that we built up with a complete brand new 105 set and we are selling it for $500.
Sincerely,
Jonathan Morrison Executive Director Bicycle Collective 2312 S. West Temple Salt Lake City, UT 84115 w: 801-328-2453 c: 801-688-0183 f: 801-466-3856 www.bicyclecollective.org
The mission of the Bicycle Collective is to promote cycling as an effective and sustainable form of transportation and as a cornerstone of a cleaner, healthier, and safer society. The Collective provides refurbished bicycles and educational programs to the community, focusing on children and lower income households.
On Wed, Jun 6, 2012 at 10:25 AM, Marissa Pherson marissapherson@gmail.comwrote:
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
At Recycle Bicycle Harrisburg, Pa - We have 4 half way houses ( state & private run ) within a couple of miles from us - with high turn over rates of them eventually returning to their original homes - we supply them with low cost sustainable transportation that does not need a license to operate - we price most 20 year old 10 speed roadies and rusty Huffy MTB's at $20 - we tell them that they pay themselves $10 an hour for two hours to fix their own bike and then they can use it to go get a job ( requirement of being in a half way house ) - then they usually come back to volunteer with the rest of our mission.
Better bikes are earned with more appropriate times when they graduate ( get out of prison ) - but for low end bikes - this has been a great way to recycle low end bikes.
Ross Willard 717-571-2008
----- Original Message ----- From: Jonathan Morrison To: The Think Tank Sent: Wednesday, June 06, 2012 1:17 PM Subject: Re: [TheThinkTank] Assessing Value of Donated Bikes
This is very relative to the value of used bikes in your area. I choke when I see how much used bikes cost in San Fran or NYC -- then again I choke when I see what ANYTHING costs in those places. That being said...
In Utah we allow people to volunteer at a rate of $5 per volunteer hour for used stuff. They have to pay [at least] the wholesale cost on new things, aka things we have to buy from a distributor. That way we cover our costs. All hours are recorded on a web based system http://volunteer.slcbikecollective.org/ and people literally cash in their ours via the "work trade" link.
As for establishing the value of each bike, we look at what they go for on ksl.com (local craigslist) and price them lower, but not so low that bike-flippers have a margin incentive to buy and flip our bikes. We also don't under sell (or allow volunteer trade) for the really nice parts through the shop, we ebay those, and use that as a form of income. Occasionally we will hook up an exceptional volunteer with nicer stuff, let me emphasis exceptional. If a frame is dented (but safe), we will also give that to a close volunteer as opposed to selling it and running into an liability/insurance issue later. Shipping complete bikes is expensive and time consuming, so we don't do it -- just parts on ebay.
We have learned to raise prices slowly if we feel they are low, this 'boiling frog' approach has helped us avoid alienation of our volunteers.
Currently on average Road Bikes (high demand, low supply) range from $100-$200. Cruisers only sell around burning man time, and they are priced slighly lower than road bikes. Mountain bikes range $50-$120. That being said we have a nice trek road bike currently that we built up with a complete brand new 105 set and we are selling it for $500.
Sincerely,
Jonathan Morrison Executive Director Bicycle Collective 2312 S. West Temple Salt Lake City, UT 84115 w: 801-328-2453 c: 801-688-0183 f: 801-466-3856 www.bicyclecollective.org
The mission of the Bicycle Collective is to promote cycling as an effective and sustainable form of transportation and as a cornerstone of a cleaner, healthier, and safer society. The Collective provides refurbished bicycles and educational programs to the community, focusing on children and lower income households.
On Wed, Jun 6, 2012 at 10:25 AM, Marissa Pherson marissapherson@gmail.com wrote:
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
_______________________________________________
Thethinktank mailing list
Thethinktank@lists.bikecollectives.org
To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org
To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.org
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit: http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
No virus found in this message. Checked by AVG - www.avg.com Version: 2012.0.2178 / Virus Database: 2433/5052 - Release Date: 06/06/12
Hello Marrissa Assessment is difficult. Economics 101-supply and demand. It's value is whatever the market will bear. I often ask the donor what he paid for it and how long ago. That gives me a basis. If he doesn't know, I try to source a price. If that is not feasible, I start asking myself what do I think about the bike. What is its condition? Features? Box store bike (low ball) bike shop bike (high ball). Nearly every bike is valued at least $50.00, unless it is a sidewalk bike or such. Some shops create an appraisal checklist. Then there is what your members want and don't want. For instance, I don't like BMX bikes, but I have a friend and he buys and sells old BMX all day long. I like portables like Moulton and Bike Friday. I'll buy those. You have to study what your community values. After the bikes are re-furbished, then I price according to time put in and cost of parts above the basis. Our rate of exchange for EAB is $8.00/hr for every hour of work given to the co-op. Angelo
From: Marissa Pherson marissapherson@gmail.com To: thethinktank@lists.bikecollectives.org Sent: Wednesday, June 6, 2012 12:25 PM Subject: [TheThinkTank] Assessing Value of Donated Bikes
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit: http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
Here in Boulder we price bikes when they come in and when they go out.
When a bike is donated we assess it's value at $100 each across the board. This takes into account kids bikes, cruisers, strip bikes, bikes for Africa, medium sale bikes and high end sale bikes. We do this primarily for accounting purposes and measuring public support.
When we sell a bike we try to price it as close to market value as possible and also try to cover our cost. Prices of our bikes have increased over the years from an average of $80 when we first started to around $200 now, this is over six years. The price increase reflects our increase in quality of bikes donated and having paid mechanics to build the bikes.
You can see some of the bikes we have for sale on craigslist.
http://boulder.craigslist.org/search/?areaID=319&subAreaID=&query=co...
Ride On!
Rich Community Cycles Boulder, CO
On Thu, Jun 7, 2012 at 9:50 PM, Angelo Coletta < summitcyclingcenter@yahoo.com> wrote:
Hello Marrissa
Assessment is difficult. Economics 101-supply and demand. It's value is whatever the market will bear. I often ask the donor what he paid for it and how long ago. That gives me a basis. If he doesn't know, I try to source a price. If that is not feasible, I start asking myself what do I think about the bike. What is its condition? Features? Box store bike (low ball) bike shop bike (high ball).
Nearly every bike is valued at least $50.00, unless it is a sidewalk bike or such. Some shops create an appraisal checklist. Then there is what your members want and don't want. For instance, I don't like BMX bikes, but I have a friend and he buys and sells old BMX all day long. I like portables like Moulton and Bike Friday. I'll buy those. You have to study what your community values.
After the bikes are re-furbished, then I price according to time put in and cost of parts above the basis. Our rate of exchange for EAB is $8.00/hr for every hour of work given to the co-op.
Angelo
*From:* Marissa Pherson marissapherson@gmail.com *To:* thethinktank@lists.bikecollectives.org *Sent:* Wednesday, June 6, 2012 12:25 PM *Subject:* [TheThinkTank] Assessing Value of Donated Bikes
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
Like the Bicycle Collection in Utah, we value volunteer hours at 5$ an hour and those can go for parts and bikes. However, we do set a minimum of 20 hours volunteer hours for most of our adopt-a-bikes. Honestly, I'm not sure how the 20 hours came about but it's been in place for a while.
Typically, bikes are priced when they go out. We have every bike adoptioneer keep track of their work in a log including what shape the bike was in when they started and work they needed to do to it to make it rideable. They should also mark which parts they used from the co-op and keep track of parts they purchased at the bike stores. The mechanic on duty then has the discretion of deciding the price. Since the goal of MoBo is to keep bikes affordable, we often start around 40$ and the mechanic can go up and down from there. Since we phrase this as a donation for the bike, often the member will give more than the price we quoted.
Ellie MoBo Bicycle Co-op Cincinnati, OH
On Fri, Jun 8, 2012 at 9:55 AM, Rich Points director@communitycycles.orgwrote:
Here in Boulder we price bikes when they come in and when they go out.
When a bike is donated we assess it's value at $100 each across the board. This takes into account kids bikes, cruisers, strip bikes, bikes for Africa, medium sale bikes and high end sale bikes. We do this primarily for accounting purposes and measuring public support.
When we sell a bike we try to price it as close to market value as possible and also try to cover our cost. Prices of our bikes have increased over the years from an average of $80 when we first started to around $200 now, this is over six years. The price increase reflects our increase in quality of bikes donated and having paid mechanics to build the bikes.
You can see some of the bikes we have for sale on craigslist.
http://boulder.craigslist.org/search/?areaID=319&subAreaID=&query=co...
Ride On!
Rich Community Cycles Boulder, CO
On Thu, Jun 7, 2012 at 9:50 PM, Angelo Coletta < summitcyclingcenter@yahoo.com> wrote:
Hello Marrissa
Assessment is difficult. Economics 101-supply and demand. It's value is whatever the market will bear. I often ask the donor what he paid for it and how long ago. That gives me a basis. If he doesn't know, I try to source a price. If that is not feasible, I start asking myself what do I think about the bike. What is its condition? Features? Box store bike (low ball) bike shop bike (high ball).
Nearly every bike is valued at least $50.00, unless it is a sidewalk bike or such. Some shops create an appraisal checklist. Then there is what your members want and don't want. For instance, I don't like BMX bikes, but I have a friend and he buys and sells old BMX all day long. I like portables like Moulton and Bike Friday. I'll buy those. You have to study what your community values.
After the bikes are re-furbished, then I price according to time put in and cost of parts above the basis. Our rate of exchange for EAB is $8.00/hr for every hour of work given to the co-op.
Angelo
*From:* Marissa Pherson marissapherson@gmail.com *To:* thethinktank@lists.bikecollectives.org *Sent:* Wednesday, June 6, 2012 12:25 PM *Subject:* [TheThinkTank] Assessing Value of Donated Bikes
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
--
Rich Points http://communitycycles.org Executive Director (c)303-589-0597 (w)720-565-6019
Community Cycles is Boulder only bike shop dedicated to bike commuting.
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
Hi Angelo and Others-
I'm a little confused about Angelo's statement "I'll buy those." If Angelo means that he is personally interested buying portables for his own use from the Summit Cycling Center, then I get it. If he means that SCC buys used bikes, then he and SCC are getting into very murky water. Let me explain. Buying used bikes has the following effects:
- Encourages bike and bike part theft. Some illicit goods will make into
the shop regardless of safeguards, because of the economic incentive.
- Undermines public confidence. Buying used bikes makes a co-op more of
middleman, and less of a value added community group. You are looking like a brick and mortar classified ads scheme/pawn shop. If I found my stolen bike/parts in your coop, I would have it shut down by the police. Charitable organizations generate most of their money through donations...that's what people want and expect in a community bike shop.
- Undermines the relation with the police. In Utah, we've received
thousands of bikes from police agencies because they recognize that, *unlike pawn shops*, we are not providing economic incentive for desperate people.
- Undermines the relation with local bike shops. Some bike shops take
trade-ins, most compete at a higher price point than co-ops. Buying and reselling Bike Friday's and Moultons puts a coop in competition with its greatest potential ally.
- May jeopardize your 501(c)3 status. Non-profits (Federal and State
recognized) are limited in their economic activity. Engaging in commerce, like other retailers, can cause an organization to lose (or never achieve) its charitable status.
Kevin
On Thu, Jun 7, 2012 at 9:50 PM, Angelo Coletta < summitcyclingcenter@yahoo.com> wrote:
Hello Marrissa
Assessment is difficult. Economics 101-supply and demand. It's value is whatever the market will bear. I often ask the donor what he paid for it and how long ago. That gives me a basis. If he doesn't know, I try to source a price. If that is not feasible, I start asking myself what do I think about the bike. What is its condition? Features? Box store bike (low ball) bike shop bike (high ball).
Nearly every bike is valued at least $50.00, unless it is a sidewalk bike or such. Some shops create an appraisal checklist. Then there is what your members want and don't want. For instance, I don't like BMX bikes, but I have a friend and he buys and sells old BMX all day long. I like portables like Moulton and Bike Friday. I'll buy those. You have to study what your community values.
After the bikes are re-furbished, then I price according to time put in and cost of parts above the basis. Our rate of exchange for EAB is $8.00/hr for every hour of work given to the co-op.
Angelo
*From:* Marissa Pherson marissapherson@gmail.com *To:* thethinktank@lists.bikecollectives.org *Sent:* Wednesday, June 6, 2012 12:25 PM *Subject:* [TheThinkTank] Assessing Value of Donated Bikes
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
I'm a little confused about Angelo's statement "I'll buy those."
I think Angelo's statement "I'll buy those" stems from him putting himself in the shoes of an SCC patron, and he actually means:
"I would buy those bikes, if I were an SSC patron, therefore I know they have value."
Kevin brings up some really excellent points about why we should only accept bikes as donations though!
D.
On Fri, Jun 8, 2012 at 11:17 AM, Kevin Dwyer kevidwyer@gmail.com wrote:
Hi Angelo and Others-
I'm a little confused about Angelo's statement "I'll buy those." If Angelo means that he is personally interested buying portables for his own use from the Summit Cycling Center, then I get it. If he means that SCC buys used bikes, then he and SCC are getting into very murky water. Let me explain. Buying used bikes has the following effects:
- Encourages bike and bike part theft. Some illicit goods will make into
the shop regardless of safeguards, because of the economic incentive.
- Undermines public confidence. Buying used bikes makes a co-op more of
middleman, and less of a value added community group. You are looking like a brick and mortar classified ads scheme/pawn shop. If I found my stolen bike/parts in your coop, I would have it shut down by the police. Charitable organizations generate most of their money through donations...that's what people want and expect in a community bike shop.
- Undermines the relation with the police. In Utah, we've received
thousands of bikes from police agencies because they recognize that, unlike pawn shops, we are not providing economic incentive for desperate people.
- Undermines the relation with local bike shops. Some bike shops take
trade-ins, most compete at a higher price point than co-ops. Buying and reselling Bike Friday's and Moultons puts a coop in competition with its greatest potential ally.
- May jeopardize your 501(c)3 status. Non-profits (Federal and State
recognized) are limited in their economic activity. Engaging in commerce, like other retailers, can cause an organization to lose (or never achieve) its charitable status.
Kevin
On Thu, Jun 7, 2012 at 9:50 PM, Angelo Coletta summitcyclingcenter@yahoo.com wrote:
Hello Marrissa
Assessment is difficult. Economics 101-supply and demand. It's value is whatever the market will bear. I often ask the donor what he paid for it and how long ago. That gives me a basis. If he doesn't know, I try to source a price. If that is not feasible, I start asking myself what do I think about the bike. What is its condition? Features? Box store bike (low ball) bike shop bike (high ball).
Nearly every bike is valued at least $50.00, unless it is a sidewalk bike or such. Some shops create an appraisal checklist. Then there is what your members want and don't want. For instance, I don't like BMX bikes, but I have a friend and he buys and sells old BMX all day long. I like portables like Moulton and Bike Friday. I'll buy those. You have to study what your community values.
After the bikes are re-furbished, then I price according to time put in and cost of parts above the basis. Our rate of exchange for EAB is $8.00/hr for every hour of work given to the co-op.
Angelo
From: Marissa Pherson marissapherson@gmail.com To: thethinktank@lists.bikecollectives.org Sent: Wednesday, June 6, 2012 12:25 PM Subject: [TheThinkTank] Assessing Value of Donated Bikes
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
-- Kevin Dwyer President, The Bicycle Collective
IMPORTANT: This communication is intended solely for the use of the individual or entity to which it is addressed. It may contain information that is confidential and/or protected by the attorney-client or other applicable privilege. If you are not the intended recipient, or if you are not responsible for delivering this communication to the intended recipient, you are hereby notified that the disclosure of this communication is strictly prohibited. If you have received this communication in error, please notify me immediately by telephone at (801) 647-0797, and return the original message to me at the above address via email. Thank you.
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit: http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
The Brockville Bike Ministry, www.brockvillebikeministry.com, has had about one hundred and sixty bicycles donated for our kids program by the community in its first year. We do not sell bikes, but teach the kids to assemble a free freshly powder coated donated bike to their style, give them a new helmet, lights, lock and the police come in for an afternoon to teach traffic safety and license the youths bike. I will not buy any bikes/parts from anyone, though l do buy garage sale bikes for my personal use. If l do buy any parts, l ask to see their upgraded bikes before l buy any high end parts, people that upgrade are proud of their bikes, where as bike thieves only want the money. Our goal is to get a hundred kids on bikes they assemble themselves over this summer. We got a federal grant for seniors that gives back to our community, it pays for eight portable bike repair stations, consumibles (tires, tubes, lights, hemets, cables, brakes ), everything else is donated. Fund raisers for insurance and fifty four dollars a month for space in a local church. Eric Montgomery On Jun 8, 2012 11:17 AM, "Kevin Dwyer" kevidwyer@gmail.com wrote:
Hi Angelo and Others-
I'm a little confused about Angelo's statement "I'll buy those." If Angelo means that he is personally interested buying portables for his own use from the Summit Cycling Center, then I get it. If he means that SCC buys used bikes, then he and SCC are getting into very murky water. Let me explain. Buying used bikes has the following effects:
- Encourages bike and bike part theft. Some illicit goods will make into
the shop regardless of safeguards, because of the economic incentive.
- Undermines public confidence. Buying used bikes makes a co-op more of
middleman, and less of a value added community group. You are looking like a brick and mortar classified ads scheme/pawn shop. If I found my stolen bike/parts in your coop, I would have it shut down by the police. Charitable organizations generate most of their money through donations...that's what people want and expect in a community bike shop.
- Undermines the relation with the police. In Utah, we've received
thousands of bikes from police agencies because they recognize that, *unlike pawn shops*, we are not providing economic incentive for desperate people.
- Undermines the relation with local bike shops. Some bike shops take
trade-ins, most compete at a higher price point than co-ops. Buying and reselling Bike Friday's and Moultons puts a coop in competition with its greatest potential ally.
- May jeopardize your 501(c)3 status. Non-profits (Federal and State
recognized) are limited in their economic activity. Engaging in commerce, like other retailers, can cause an organization to lose (or never achieve) its charitable status.
Kevin
On Thu, Jun 7, 2012 at 9:50 PM, Angelo Coletta < summitcyclingcenter@yahoo.com> wrote:
Hello Marrissa
Assessment is difficult. Economics 101-supply and demand. It's value is whatever the market will bear. I often ask the donor what he paid for it and how long ago. That gives me a basis. If he doesn't know, I try to source a price. If that is not feasible, I start asking myself what do I think about the bike. What is its condition? Features? Box store bike (low ball) bike shop bike (high ball).
Nearly every bike is valued at least $50.00, unless it is a sidewalk bike or such. Some shops create an appraisal checklist. Then there is what your members want and don't want. For instance, I don't like BMX bikes, but I have a friend and he buys and sells old BMX all day long. I like portables like Moulton and Bike Friday. I'll buy those. You have to study what your community values.
After the bikes are re-furbished, then I price according to time put in and cost of parts above the basis. Our rate of exchange for EAB is $8.00/hr for every hour of work given to the co-op.
Angelo
*From:* Marissa Pherson marissapherson@gmail.com *To:* thethinktank@lists.bikecollectives.org *Sent:* Wednesday, June 6, 2012 12:25 PM *Subject:* [TheThinkTank] Assessing Value of Donated Bikes
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
-- Kevin Dwyer President, The Bicycle Collective
IMPORTANT: This communication is intended solely for the use of the individual or entity to which it is addressed. It may contain information that is confidential and/or protected by the attorney-client or other applicable privilege. If you are not the intended recipient, or if you are not responsible for delivering this communication to the intended recipient, you are hereby notified that the disclosure of this communication is strictly prohibited. If you have received this communication in error, please notify me immediately by telephone at (801) 647-0797, and return the original message to me at the above address via email. Thank you.
Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
in los angeles at the Bicycle Kitchen we have three cooks give a price and take the average. i use the crank. if the bike has a forged crank i say $100. for earn-a-bike we are a little slow on getting thing organized around these maters. but if someone will complete one bike we will let them take a second bike home.
jim
--- On Fri, 6/8/12, Eric Montgomery emontgo1017@gmail.com wrote:
From: Eric Montgomery emontgo1017@gmail.com Subject: Re: [TheThinkTank] Assessing Value of Donated Bikes To: "The Think Tank" thethinktank@lists.bikecollectives.org Date: Friday, June 8, 2012, 8:47 AM
The Brockville Bike Ministry, www.brockvillebikeministry.com, has had about one hundred and sixty bicycles donated for our kids program by the community in its first year.
We do not sell bikes, but teach the kids to assemble a free freshly powder coated donated bike to their style, give them a new helmet, lights, lock and the police come in for an afternoon to teach traffic safety and license the youths bike.
I will not buy any bikes/parts from anyone, though l do buy garage sale bikes for my personal use.
If l do buy any parts, l ask to see their upgraded bikes before l buy any high end parts, people that upgrade are proud of their bikes, where as bike thieves only want the money.
Our goal is to get a hundred kids on bikes they assemble themselves over this summer.
We got a federal grant for seniors that gives back to our community, it pays for eight portable bike repair stations, consumibles (tires, tubes, lights, hemets, cables, brakes ), everything else is donated. Fund raisers for insurance and fifty four dollars a month for space in a local church.
Eric Montgomery On Jun 8, 2012 11:17 AM, "Kevin Dwyer" kevidwyer@gmail.com wrote:
Hi Angelo and Others-
I'm a little confused about Angelo's statement "I'll buy those." If Angelo means that he is personally interested buying portables for his own use from the Summit Cycling Center, then I get it. If he means that SCC buys used bikes, then he and SCC are getting into very murky water. Let me explain. Buying used bikes has the following effects:
Encourages bike and bike part theft. Some illicit goods will make into the shop regardless of safeguards, because of the economic incentive.
Undermines public confidence. Buying used bikes makes a co-op more of middleman, and less of a value added community group. You are looking like a brick and mortar classified ads scheme/pawn shop. If I found my stolen bike/parts in your coop, I would have it shut down by the police. Charitable organizations generate most of their money through donations...that's what people want and expect in a community bike shop.
Undermines the relation with the police. In Utah, we've received thousands of bikes from police agencies because they recognize that, unlike pawn shops, we are not providing economic incentive for desperate people.
Undermines the relation with local bike shops. Some bike shops take trade-ins, most compete at a higher price point than co-ops. Buying and reselling Bike Friday's and Moultons puts a coop in competition with its greatest potential ally.
May jeopardize your 501(c)3 status. Non-profits (Federal and State recognized) are limited in their economic activity. Engaging in commerce, like other retailers, can cause an organization to lose (or never achieve) its charitable status.
Kevin
On Thu, Jun 7, 2012 at 9:50 PM, Angelo Coletta summitcyclingcenter@yahoo.com wrote:
Hello Marrissa Assessment is difficult. Economics 101-supply and demand. It's value is whatever the market will bear. I often ask the donor what he paid for it and how long ago. That gives me a basis. If he doesn't know, I try to source a price. If that is not feasible, I start asking myself what do I think about the bike. What is its condition? Features? Box store bike (low ball) bike shop bike (high ball).
Nearly every bike is valued at least $50.00, unless it is a sidewalk bike or such. Some shops create an appraisal checklist. Then there is what your members want and don't want. For instance, I don't like BMX bikes, but I have a friend and he buys and sells old BMX all day long. I like portables like Moulton and Bike Friday. I'll buy those. You have to study what your community values.
After the bikes are re-furbished, then I price according to time put in and cost of parts above the basis. Our rate of exchange for EAB is $8.00/hr for every hour of work given to the co-op.
Angelo
From: Marissa Pherson marissapherson@gmail.com To: thethinktank@lists.bikecollectives.org
Sent: Wednesday, June 6, 2012 12:25 PM Subject: [TheThinkTank] Assessing Value of Donated Bikes
Hi all,
I'm new to the list, from Columbus, IN's community bike co-op. We just launched a new website: www.bikeco-op.org
I come to you seeking any policies and procedures you may have in place at your local bike collective regarding determining the value of a bicycle. We have an Earn-a-Bike program and a shop bike program and would like to standardize the values.
At the moment, we don't have a checklist or chart to determine how much time an Earn-a-Biker needs to work to earn a donated Raleigh hybrid, or how much to suggest a donor provide for us to have that same Raleigh hybrid fixed up and ready to go.
Before re-inventing the wheel, I wanted to come to you all and get some input or some info on what is used elsewhere to keep bike values somewhat consistent.
Thanks in advance!
Marissa Pherson
Thethinktank mailing list Thethinktank@lists.bikecollectives.org
To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org To manage your subscription, plase visit: http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
Thethinktank mailing list
Thethinktank@lists.bikecollectives.org
To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org
To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...
participants (10)
-
Angelo Coletta -
Dustin ＠ NBW - Philadelphia PA -
Eric Montgomery -
james bledsoe -
Jonathan Morrison -
Kevin Dwyer -
Marissa Pherson -
MoBo Bicycle Co-op -
Rich Points -
Ross Willard - Recycle Bicycle