Pedal-power is all the rage nowadays. Every time we venture out onto the roads, there seems to be more and more people travelling on bikes – whether Road Bike, Mountain Bike, or the more traditional Shopper, “basket-on-the-front” style.
Since the success of cyclists like Sir Bradley Wiggins, Sir Chris Hoy and Victoria Pendleton in the London 2012 Olympics, the take-up rate of cycling (road riding in particular) has soared. And it’s not just adults who have been getting into this increasingly popular sport; a whole new generation of children have discovered the joys of cycling, either for sport and fitness gains, or just for a bit of fun!
Cycling shops have been doing a roaring trade, but many prospective buyers have been looking online for bargains. This is where Police Auctions come in to play. When the Police recover a stolen bike they first try to return it to its original owner, but often the owners have already replaced the bike and no longer want it, or do not step forward to re-claim it. In this case, the bike is then placed into a Police Auction, where members of the public, and wholesale buyers, can bid to win it and either keep it for themselves or sell it on for a profit.
The WholesaleScout team have been scouring the auctions to find the best selection of bikes available with the best potential re-sale profit:
|
Product |
Description |
Police Auction Price |
Likely Re-Sale Price |
Profit |
 |
Specialized Rockhopper Disc Mountain Bike |
£95 |
£180 |
+£85 |
 |
Giant Regents Park Mountain Bike |
£45 |
£155 |
+£110 |
 |
Pashley Sonnet Bliss Ladies Bicycle |
£149 |
£280 |
+£131 |
 |
Trek Alpha Disc Mountain Bike |
£55 |
£130 |
+£75 |
*All prices correct at the time of publishing.
If you are interested in Police Auctions, then get in touch with the team here at WholesaleScout or visit the online Auctions using the details below for more information.
