this post was submitted on 06 Jul 2026
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[–] TubularTittyFrog@lemmy.world 13 points 18 hours ago (2 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

[–] justaman123@lemmy.world 8 points 13 hours ago

I bet it's closer to like 13k profit, depends on how you do the math on the supply chain

[–] Korhaka@sopuli.xyz 3 points 18 hours ago* (last edited 18 hours ago) (1 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.

[–] TubularTittyFrog@lemmy.world 2 points 17 hours ago (2 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.

[–] Illecors@lemmy.cafe 0 points 11 hours ago* (last edited 11 hours ago) (2 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.

[–] captainlezbian@lemmy.world 2 points 8 hours ago

Idk I typically buy mine from anarchist bike co-ops and they're pretty cheap

[–] TubularTittyFrog@lemmy.world 0 points 10 hours ago (1 children)

truly cheap bikes were never a thing, unless you are talking wal-mart bikes. and those aren't really bikes, they are disposable toys.

[–] Tuxman@sh.itjust.works 0 points 8 hours ago

Decathlon is offering real cheap contenders :D Their line of city bikes is SUPER affordable and already comes with every needed accessories

[–] Korhaka@sopuli.xyz 2 points 17 hours ago

True, I could see it being a thing in parts of London