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Illustrative studio render of a crossbar-lock folder with anodised aluminium handle, not the actual model
Illustrative image, not the actual model
Benchmade

535 Bugout

Folding In production

An ultralight AXIS-lock folder that became one of Benchmade best-selling EDC knives; later versions offer S90V and carbon fiber.

MSRP$200
Estimated value$130 to $220-12% vs MSRP at midpoint

Estimate: Ricochet editorial estimate, Oct 2026. Editorial, informational, not an appraisal, offer or recorded sale.

Where to buy

Example offers

New from retailers

Ricochet may earn a commission when you buy through links marked as sponsored. It never changes our estimates or what we list. Affiliate disclosure. Offers on this page are examples that show the layout; there is no live inventory yet.

Specifications

CategoryFolding
Blade steelCPM-S30V
Blade length3.24 in (82 mm)
HandleGrivory
LockAXIS lock
MechanismThumb stud
Weight1.85 oz (52 g)
MSRP$200
Introduced2016
StatusIn production

Specs compiled from public maker and retailer information. Variants and production runs differ. Sources: knifeworks.com, blog.knife-depot.com.

Compare CPM S30V on the steel chart

Legality at a glance

Price history

Awaiting sales

Sales history appears as verified sales come in.

No sales are recorded for this model yet. Estimates above are editorial.

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Sold or bought a 535 Bugout? Real transaction data makes this guide better. Verified submissions will feed price history as they accumulate.

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Similar models

Questions

How much is the Benchmade 535 Bugout worth?

Our editorial secondary-market estimate for the Benchmade 535 Bugout is $130 to $220 (Oct 2026), against an MSRP of $200. This is an informational estimate, not an appraisal or a recorded sale.

What is the MSRP of the Benchmade 535 Bugout?

The list price is $200 based on maker and retailer information. Street prices and variants differ.

What steel is the Benchmade 535 Bugout made of?

Benchmade 535 Bugout uses CPM-S30V blade steel in a 3.24-inch blade.

Is the Benchmade 535 Bugout discontinued?

No, Benchmade 535 Bugout is listed as in production as of our last review (Oct 2026). Check the maker for current availability.

Can the Benchmade 535 Bugout be shipped or carried everywhere in the US?

Ordinary knives are generally legal to buy and ship, but blade-length and carry rules vary by state and city. Check your state with our ship-check tool.

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