this post was submitted on 06 Jul 2026
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Because cars make a shit load of money for the ~~economy~~ the rich people.
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
I bet it's closer to like 13k profit, depends on how you do the math on the supply chain
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.
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.
True, I could see it being a thing in parts of London
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.
Idk I typically buy mine from anarchist bike co-ops and they're pretty cheap
truly cheap bikes were never a thing, unless you are talking wal-mart bikes. and those aren't really bikes, they are disposable toys.
Decathlon is offering real cheap contenders :D Their line of city bikes is SUPER affordable and already comes with every needed accessories