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I hadn't bought a bike for years, and a few years ago managed to pick up a cheap second hand bike for £60. It wasn't a bad bike, but obviously nothing special. After the lockdowns, when every man and his dog seemed to take up cycling, I looked at getting a cheap new bike. The cheapest ones I could find were a few hundred pounds.
I looked at ebikes earlier this year, and the magazines and websites reviewing the cheap bikes were setting a minimum price of £1500 to avoid the cheaply made junk. Even second hand bikes were going for £800+
To put this in perspective, I can get a second hand motorbike for the same price range, and a car for around £1000. Obviously these are not going to be the best motorbikes or cars on the road, but they run, and will last for at least a few years.
They're putting out bikes that are well into nice used car territory, it's absurd. Shit, some of them are even brand new car prices. A lot of these manufacturers are smoking crack.
I've seen this argument a lot, and I don't understand it. Few people are buying those high end bikes, and no one is forced to buy one. Using that as justification that the prices are out of control is just weird to me.
There is an argument about prices to be made. I just looked up the base model Specialized Allez with 8 speed Claris, and it retails for $1200. A few years ago that would have been an ~$800 bike, I think (albeit likely with rim brakes instead of disc). I don't know what all is driving the prices, inflation is certainly a factor.
But that conveys the issue way better than complaining about super bikes that cost $15k. The barrier to entry for a newbie has gone up that much.
I'm super into mountain biking, and never bought a new bike in my life. The last one i bought was the most expensive bike i ever owned by a long shot, it was practically new and it was like a third of what it would've been new. Dude who sold it said he likes it, but it was bad for climbing, because it was too heavy. He showed me his brand new bike. On the way home i thought: so the carbon bike with aluminium swing arm is too heavy? So i looked up his new bike, which was like £8000-£9000 pounds and was roughly 600 grams lighter than the bike i bought off him. Bike prices might be insane, but i often feel like it's the people's own fault. Cyclists buy absolutely everything no matter the cost it seems.
My friend told me that his boss saw my ebike when i bought some bread and had to get one himself. He's an out of shape baker, and he bought himself a 10k e-ountain bike. That's more than i paid for my ebike, my downhill bike and the enduro i ride almost daily.
I paid $30 for a used mountain bike that I rode for years. The trick was that I bought it from a bike co-op that sold used bikes, so knowledgeable people had already looked it over and fixed it up and they offered cheap stands/tools/help for any work you needed to do yourself. Did many 25-mile round-trips from Northern Virginia to work in D.C. on that thing.
I wish things like that were more popular here. It's rare to hear about any sort of co-op, and they tend to be in the cities rather than out in the sticks where I am.