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[–] 12 points 2 months ago (8 children)

the only bikes that make any money to sell are the ones that are for rich people.

the profit on a $500 bike is like 200 bucks, the profit on a $15,000 bike, is like $10,000

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  • [–] 3 points 2 months ago* (6 children)

    Yeah but how many more people are buying the £500 bikes?

    Going by the stock of bikes in Halfords, almost no one is buying the 15k bikes. Very few bikes are not a 3 figure price tag.

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  • [–] 1 point 2 months ago (5 children)

    not as many as you'd think. it also depends on the demographics of your city. in my city people buy 10K bikes like they are $100 bikes, because they have the money.

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  • [–] 0 points 2 months ago* (3 children)

    Cycle2work scheme has, I think, massively inflated the prices. Not in a way where same shit costs more, but truly cheap bikes are just not really a thing anymore.

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