BidBikes FAQs
Everything you need to know.
BidBikes is a marketplace for buying and selling premium bicycles. We offer two ways to transact: Auctions, where buyers bid competitively and the highest bid wins, and Marketplace listings, where sellers post bikes at a fixed asking price and buyers contact them directly to purchase. All listings go through an admin review process to ensure quality.
Auctions run for a fixed duration (typically 7 days). Buyers place competitive bids, and the highest bidder at auction end wins the bike. A 5% buyer's fee (min $25, max $500) applies to the winning bid.
Marketplace listings are fixed-price "for sale" posts. There's no bidding — interested buyers message the seller directly through BidBikes. Buyer and seller arrange payment and pickup/shipping between themselves. There is currently no buyer's fee on Marketplace purchases during our launch period.
Yes. A BidBikes account is required to bid on auctions, message sellers, post questions on listings, or create any listing. Creating an account is free and takes less than a minute.
BidBikes connects bicycle sellers with bidders through online auctions. Sellers list their bikes for a specified auction period, and bidders place competitive bids. The highest bidder at the end of the auction wins the bike. All bids are binding, so make sure you're committed to purchasing before placing a bid.
As a winning bidder, you pay a Buyer's Fee of 5% of the winning bid amount. The minimum fee is $25 and the maximum is $500. When you place a bid, we place a temporary hold on your credit card for this amount, which is only charged if you win the auction. All other holds are removed after the auction ends.
For Auction wins, we charge the 5% buyer's fee via Stripe (major credit cards accepted). This is the only payment BidBikes processes directly.
For Marketplace purchases, BidBikes does not process the sale price. Payment is made directly between buyer and seller using their agreed method (PayPal Goods & Services, Venmo, Zelle, cash, or BidBikes Escrow when available).
No, all bids placed on BidBikes are binding and cannot be canceled. This ensures a fair and trustworthy auction environment for all users. Please carefully consider your bid amount before submitting, as you are legally committed to purchase the bike if you win the auction.
After winning an auction, you'll be charged the buyer's fee (5% of winning bid), and you'll need to coordinate directly with the seller for payment of the winning bid amount and bike pickup or delivery. Payment is made directly between buyer and seller — BidBikes facilitates the connection but does not handle the transfer of auction proceeds. Make sure to arrange payment and logistics promptly with the seller.
After winning, coordinate shipping directly with the seller. Most commonly:
• You purchase a prepaid shipping label from Bikeflights and email it to the seller
• The seller packs and ships the bike using your label
• You choose the shipping speed and insurance options
Some auctions include shipping in the price — check the listing details before bidding. Always confirm payment arrangements before the seller ships, and consider adding insurance for higher-value bikes.
When you find a Marketplace listing you're interested in, click the "Message Seller" button on the listing page. This opens an in-platform conversation with the seller. You must be logged in to send a message. From there, you and the seller agree on payment method, pickup or shipping, and complete the transaction directly.
Click the "Message Seller" button on any Marketplace listing. You must be logged in — if you're not, you'll be prompted to sign in first. All conversations are stored in your Messages dashboard on BidBikes so you can reference them any time.
Sellers choose their preferred payment methods when setting up their listing. Common options include:
• PayPal Goods & Services (recommended — includes buyer protection)
• Venmo
• Zelle
• Cash (local pickup only)
• BidBikes Escrow (coming soon) — holds funds securely until both parties confirm the transaction
Each listing displays the seller's accepted payment methods. BidBikes does not process payment for Marketplace sales — transactions are completed directly between buyer and seller.
No. During our current launch period, there is no buyer's fee for Marketplace purchases. You pay only the agreed price directly to the seller.
For Auction wins, a 5% buyer's fee (min $25, max $500) is charged separately via Stripe.
Marketplace listings display a fixed asking price, but nothing stops you from messaging the seller and making an offer. If the seller agrees, you both proceed on mutually agreed terms. Use the "Message Seller" button on the listing to start that conversation.
Each Marketplace listing specifies the shipping arrangement. Once you and the seller connect through BidBikes messaging, you'll coordinate logistics together. We recommend using Bikeflights for shipping — they specialize in bikes and offer competitive rates and insurance options. Consider adding insurance for higher-value bikes.
Active listings display an "Active" status. When a bike sells, the seller marks it as sold in their dashboard and the listing status changes to "Sold". Sold listings may remain visible for reference. If you're unsure about availability, message the seller directly.
BidBikes supports two listing types:
Auction — Your bike is listed for a fixed duration (typically 7 days). Buyers bid competitively. The highest bidder at auction close wins and pays a 5% buyer's fee directly to BidBikes.
Marketplace — Your bike is listed at a fixed asking price until you sell it or delist it. Interested buyers message you through BidBikes, and you arrange payment and logistics directly. No bidding, no time pressure.
You choose the listing type when starting a new listing.
Currently, there are no listing fees for either Marketplace or Auction listings. You can post your bike at no upfront cost.
For auctions, BidBikes collects a 5% buyer's fee from the winning bidder — sellers keep 100% of the winning bid.
For Marketplace listings, there is currently no platform fee during our launch period.
Check our Terms of Service for the latest fee information.
You select your preferred payment methods when setting up your Marketplace listing. We recommend offering PayPal Goods & Services as it includes built-in buyer and seller protection. Other options include Venmo, Zelle, and cash (for local pickup). BidBikes Escrow (coming soon) will provide the highest level of transaction security by holding funds until both parties confirm the sale.
BidBikes does not process payment for Marketplace sales. Once you connect with a buyer through BidBikes messaging, you complete the transaction directly using your agreed payment method (PayPal G&S, Venmo, Zelle, cash, etc.). Once payment is confirmed, arrange shipping or pickup with the buyer, then mark the listing as sold in your dashboard.
Sellers receive payment directly from the winning bidder. You'll coordinate payment method and logistics directly with the buyer after the auction ends. BidBikes does not process or transfer auction proceeds — we only collect the 5% buyer's fee separately. You'll need to arrange your preferred payment method (PayPal G&S, bank transfer, etc.) with the winning bidder.
Yes. You can delist a Marketplace listing at any time from your seller dashboard using the "Delist" button. The listing will be removed from public view immediately. Unlike auctions, there is no restriction on removing a Marketplace listing early.
No, sellers cannot remove a bike from auction before the scheduled end time. Additionally, while your bike is listed on BidBikes, you cannot list it on any other auction site, dealership, or listing service. This ensures fair competition and protects bidders' investments.
Converting a Marketplace listing to an auction is a feature we're working on and plan to launch later this year. In the meantime, if you'd like to auction a bike, reach out to us at info@bidbikes.com and we'll help you get it set up.
BidBikes is a curated marketplace — all listing changes go through our team to maintain quality and buyer trust. If you need to update your listing (price, description, photos, or any other detail), contact us at info@bidbikes.com with the change you'd like to make and we'll take care of it promptly.
In your seller dashboard, find the listing and click "Mark as Sold". This updates the listing status to Sold and removes it from active browse results. Sold listings may remain visible for reference in search results and your dashboard history.
Marketplace listings stay active until you sell the bike or delist it — there is no expiration date. You're in full control. You can delist at any time from your dashboard.
For auction sales, the buyer typically purchases a prepaid shipping label from Bikeflights and sends it to you. You pack the bike and ship it using their label.
For Marketplace sales, coordinate shipping with the buyer through BidBikes messaging after the transaction is agreed upon.
Always confirm payment is received before shipping the bike. Recommend Bikeflights to buyers for competitive rates and insurance options, and consider requiring insurance for higher-value bikes.
BidBikes Escrow is our upcoming secure payment service for Marketplace transactions. When launched, it will hold the buyer's payment until both parties confirm the transaction is complete — protecting both buyer and seller from fraud or disputes. This service is currently in development. Stay tuned for updates.
While BidBikes works very closely with sellers to ensure listings are as accurate as possible, we act as a marketplace connecting buyers and sellers. We do not inspect, verify, or guarantee the quality, condition, or accuracy of any bike listings. Buyers are responsible for conducting their own due diligence before purchasing. All bikes are sold 'AS-IS' without any warranty from BidBikes.
For issues with a transaction, first try resolving through the BidBikes messaging system — your conversation history is available to reference. If you can't resolve the issue directly, contact us at info@bidbikes.com. For legal disputes, our Terms of Service include binding arbitration clauses that govern how disputes are resolved.
We take your privacy seriously and use industry-standard security measures including SSL encryption. We collect only necessary information to provide our services and never sell your personal data. For complete details on how we collect, use, and protect your information, please review our Privacy Policy.
You must be of legal age to form a binding contract to use BidBikes independently. If you're under 18, you need your parent's or guardian's permission and they must agree to our Terms of Service on your behalf. We do not knowingly collect personal information from children under 13.
Still have questions?
Can't find the answer you're looking for? Our team is here to help.
Email us at info@bidbikes.com
We typically respond within 24 hours during business days