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You Only Need a £50 Bike (www.youtube.com)
submitted 3 months ago by to c/solarpunk@slrpnk.net
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[–] 7 points 3 months ago (2 children)

Not sure why the economics dont make sense for businesses, I guess the new junk is cheaper to assemble and sell efficiently than the labor and logistics it costs to refurbish used bikes for sale.

But in many big cities, you can find a "bike place" staffed primarily with volunteers that reconditions and sells used bikes at reasonable prices.

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  • [–] 2 points 3 months ago* (last edited 3 months ago)

    refurbishing an old bike is like 8-10 hours of work.

    at 50 dollars an hour that's 400-500 in cost of labor alone. parts will easily add another 200-300.

    it is not economically feasible to refurb old bikes for sale. it's typically only done as charity work, or DIY project.

    a new bike takes like an hour or two to assemble, and comes with all the parts.

    even dumpster tier used bikes are usually sold at 200-400 dollar range at bike shops, and have very little profit unless they came in in pristine condition and just need a lube.

    also they are far less safe and reliable than a new bike because you're using decades old technology. 70/80s bikes are deathtraps with horrible tires, horrible brakes, and very unreliable shifting. things dramatically improved in the late 90s and 2000s.

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