The cheapest new bikes come from big-box retailers and online sellers, but used bikes from local shops and private sellers often cost less
New bikes under $200 are easiest to find at Walmart, Target, and Amazon, where you can browse by price and have them shipped or picked up the same day. Online retailers like Walmart.com and Amazon let you filter by price range and read reviews from other buyers. Big-box stores stock basic models year-round, though selection shrinks in winter. The trade-off: these bikes often need assembly, parts may be lower quality, and customer service is limited if something breaks.
Used bikes, however, are usually cheaper than new ones at the same quality level. A used bike from a local bike shop, Craigslist, Facebook Marketplace, or OfferUp might cost $80 to $150 for something that would sell new for $250. The bike has already been assembled and tested, and a shop can tell you what repairs it might need. Private sellers often price lower than shops because they want the bike gone quickly.
Key Takeaways
- Walmart, Target, and Amazon stock new bikes under $200 with same-day or fast shipping, though assembly is usually your job.
- Used bikes from local shops, Craigslist, and Facebook Marketplace often cost 30 to 50 percent less than comparable new models.
- Bike shops can inspect a used bike for hidden damage and tell you what repairs will cost before you buy.
- Test-ride any used bike in person and check the frame for cracks, the brakes for responsiveness, and the chain for rust or stiffness.
- End-of-season sales (September through November) offer the steepest discounts on new bikes at retail stores.
New bikes at big-box stores and online retailers
Walmart carries bikes in-store and online, with models starting around $80 for children's bikes and $120 for adult models. You can pick up online orders at your local store within hours, or have them shipped. Assembly is not included—you will need to attach the handlebars, pedals, and front wheel yourself, which takes 20 to 40 minutes with basic tools.
Target stocks similar price ranges and offers the same pickup and shipping options. Amazon has the widest selection of brands and price points, with new bikes starting under $150. Read the reviews carefully: buyers often mention whether assembly was straightforward and whether the bike arrived damaged. Shipping can take 5 to 10 days unless you pay for expedited delivery.
Costco and Sam's Club occasionally stock bikes at competitive prices, but only members can buy, and selection changes seasonally. If you have a membership, check their websites in spring and early summer when inventory is highest.
Used bikes from local bike shops
Most independent bike shops have a used section or can tell you about bikes they have taken in trade. Prices are usually $100 to $200 for entry-level models. The advantage is that a mechanic has already inspected the bike, tightened loose bolts, and can tell you what maintenance it needs. If something breaks within a few weeks, many shops will fix it free or at a discount because they stand behind their inventory.
Call ahead or visit in person to see what is available. Shops often have more used stock in spring and fall, when people trade up or stop riding. Ask the mechanic directly: "What repairs will this bike need in the next year?" A honest answer tells you whether the price is fair.
Used bikes from private sellers online
Facebook Marketplace, Craigslist, and OfferUp let you search by location and price. Private sellers often price lower than shops because they are not running a business and want the bike gone. You will find bikes for $50 to $150 that are in good condition, especially if the seller is upgrading or moving.
Message the seller with specific questions: How old is the bike? Has it been in an accident? Do the brakes work smoothly? Ask for photos of the frame, wheels, and drivetrain. Never send money before seeing the bike in person. Meet in a public place during daylight, bring someone with you, and test-ride it on a quiet street before handing over cash.
Watch out for stolen bikes. If a price seems too low or the seller cannot answer basic questions about the bike's history, walk away. Some areas have bike registries where you can check the serial number, though not all bikes are registered.
What to check before you buy a used bike
Inspect the frame for cracks, dents, or bends by looking at it from multiple angles in good light. A cracked frame is unsafe and expensive to repair. Spin the wheels—they should rotate smoothly without wobbling side to side. Squeeze the brake levers; they should feel firm and stop the wheels quickly when you spin them by hand.
Shift through all the gears (if the bike has them) and listen for grinding or skipping. The chain should move smoothly without rust or stiffness. Sit on the seat and check that it is comfortable and at the right height for your legs. Spin the pedals backward—they should turn freely without catching.
Test-ride the bike on a quiet street for at least five minutes. The brakes should respond when ready, the steering should feel stable, and you should not hear clicking or creaking from the frame or seat. If anything feels wrong, ask the seller what repairs have been done recently, or walk away.
Timing your purchase for the best prices
New bikes are cheapest from September through November, when retailers clear summer inventory to make room for holiday stock. Many stores offer 15 to 25 percent discounts during this period. Spring (March through May) is the second-best time, though prices are higher because demand picks up.
Avoid buying in June and July, when prices are highest and selection is picked over. Winter (December through February) is mixed: holiday sales end in early January, but some shops discount remaining stock to free up space.
Used bikes are available year-round, but supply is highest in spring and fall when people trade up or stop riding. Summer has more inventory but higher prices because more people are shopping.
Budget breakdown for different price ranges
| Price Range | What You Get | Best Place to Buy |
|---|---|---|
| Under $100 | Basic single-speed or 7-speed bike; may need assembly; parts are entry-level | Walmart, Target, or used from private seller |
| $100–$200 | Decent brakes and gears; lighter frame; better components than budget models | Amazon, local bike shop used section, or Craigslist |
| $200–$300 | Reliable drivetrain; comfortable seat; will last years with basic maintenance | Local bike shop (new or used), or used from a shop with warranty |
Frequently Asked Questions
Is it worth buying a bike under $100?
Yes, if you are testing whether you will actually ride regularly or need a bike for short trips only. Budget bikes work fine for casual riding on flat ground. They are heavier, slower to pedal, and may need repairs sooner, but they will get you from point A to point B. If you find yourself riding often, you can upgrade later.
How do I know if a used bike is stolen?
Ask the seller for the original receipt or proof of purchase. Check the serial number (stamped on the frame) against online bike registries if your area has one. If the seller cannot answer basic questions about where they got the bike or how long they have owned it, do not buy it. Trust your instinct—if something feels off, walk away.
Do I need to pay for assembly if I buy online?
Most big-box retailers do not include assembly, but some offer it for an extra fee (usually $20 to $50). Local bike shops will assemble a bike you bring in for a similar price. If you are handy with tools, assembly takes 20 to 40 minutes and requires only a wrench and screwdriver.
What is the difference between a used bike from a shop and one from a private seller?
Shop bikes have been inspected and serviced, and the shop usually stands behind them if something breaks soon after. Private seller bikes are cheaper but come as-is—you are responsible for any repairs. A shop bike costs more upfront but may save you money on unexpected fixes.
When should I buy a bike if I want the lowest price?
September through November offers the steepest discounts on new bikes as retailers clear inventory. Used bikes are cheapest in spring and fall when supply is highest. Avoid June and July, when both new and used prices peak.