How much to spend on a used bike?
They’re down at the moment, but if you haven’t already, try registering the theft of your bike at Finetoothcog. You might just luck out and have a helpful citizen spot your beloved lost whip.
Is it a road bike? That is a decent price depending upon the original price. A used bike of recent origin, say less than seven years old, should go for about 50 to 60% of its original sale price, more if it is in really great shape, and less if beat up. I would Google up its original suggested price. The actual selling price would have probably been about 10% less; bikes don’t get marked down very much.
Good suggestions all around – but let’s think about the costs we’re saving by riding bikes. Yes, I know this isn’t technically answering your question, but hear me out. By paying $550 (or $750 or $1,000) you’re saving the gas you might pay in a car. If you don’t drive at all, no insurance / registration / license plates, etc. You know all about the benefits of scrapping the car for your commute, which is why you do it – just a reminder about the economics of it all. At the same time, remember that the bike you need isn’t a $75-100 bike at Walmart, and it’s not a kids bike. A well made bike shouldn’t necessarily cost a lot, but it usually isn’t cheap.
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- How much to spend on a used bike?
