These are the 10 best-selling second-hand bicycles in 2020

The boom of cycling in 2020: the second-hand bicycle market skyrockets

The year 2020 marked a turning point in the sale of mountain bikes and road bikes. The coronavirus lockdown boosted interest in outdoor sports, and cycling has established itself as one of the most popular options for staying active. In addition, changes in urban mobility have led many people to choose the bicycle as an alternative means of private transportation within cities.

These two factors have generated unprecedented growth in the demand for bicycles, leaving many stores out of stock in a matter of days. Some brands have even sold out their annual production, and in certain cases there are waiting lists to get a new bike until after the summer.

Faced with this situation, more and more cyclists have turned to the second-hand market in search of road bikes and mountain bikes that suit their needs. This has made 2020 a record year for the sale of refurbished bicycles.

The best-selling bicycles in 2020: what were the trends?

Although 2020 has been an exceptional year in sales, not all bicycles have had the same demand. Some key questions that arise are:

• What is the average price of a second-hand road bike?
• Which mountain bike models have been the most sought after?
• Which are the best-selling brands?

At Tuvalum, we manage a large volume of data that allows us to analyze market trends and detect which bicycles have sold the most and at what prices they have been marketed.

If you are thinking about buying a mountain bike for off-road routes or a road bike for long rides, now is the ideal time to explore the second-hand market and find the best option according to your needs.

Specialized Turbo Levo: the most expensive bike

There is no doubt that one of the fastest-growing segments is that of electric mountain bikes. A few years ago, these bikes were not very attractive because they looked like regular bikes with a massive battery attached. However, in recent years the main manufacturers have been striving to create much more integrated designs that give ebikes their own personality and make them very appealing. This increase in technological features is reflected in the price. There are electric bike models whose top ranges exceed 10,000 euros, such as the Specialized Turbo Levo. The most expensive second-hand bike we sold at Tuvalum in 2020 was precisely a Specialized Turbo Levo. Specifically, a 2019 season unit whose new price was 11,900 euros and was sold on our website for 6,863 euros. It was a bike sold by a professional shop, with little use and a top-level setup: Fox Kashima 36 suspensions front and rear, SRAM XX1 groupset, Roval carbon wheels, piston brakes... The second most expensive bike sold at Tuvalum in 2020 was a Trek Supercaliber for 6,351 euros. Third place goes to a Pinarello Dogma sold for 5,820 euros.

The average price of a second-hand bike in Spain

During 2020, the average price of a second-hand bike increased by 9 percent compared to the previous year, reaching 1,495 euros. This increase is explained by two phenomena. The first is the rise in demand for electric bikes, which are more expensive due to the technology they include. The second factor explaining this increase in the average price of a second-hand bike is buyer motivation. While a few years ago people were looking for bargains in mid-range models, in 2020 Spanish cyclists turned to the second-hand market to buy higher-end bikes. For example, on the road, the most sought-after bikes were those equipped with disc brakes and Ultegra or higher groupsets. Price table by bike category:

Orbea, Merida and Giant, the best sellers

When it comes to buying a second-hand bicycle, the brand continues to be a decisive factor, above others such as price, for example. Thus, in 2020 more than half of all bicycles sold were split among four brands. Orbea led used bicycle sales with a market share of 16.05 percent. That is, one out of every six second-hand bikes sold during 2020 on the Tuvalum website was a Orbea. Merida (12.49%) and Giant (12.3%) complete the podium of the best-selling brands of the year. Fourth place goes to Specialized (11.86%).

More road than ever

Do you want to know which bicycle models were the most successful in the second-hand market during 2020? A curiosity of this year compared to previous ones is that, for the first time, more road bikes than mountain bikes were sold. In each of the last few years, mountain bikes represented almost half of the sales on Tuvalum. In 2020, however, 51.91% of all bikes sold went to the road segment. The best-selling categories

Ranking of best-selling bikes in 2020

These are the second-hand bicycles that sold the most in Spain during the past year through the Tuvalum website: