Wednesday, June 20, 2012

First Bike Buy: Or Don’t “Under-bike” Yourself!


Case 1:  “Used and cheap
$400 internet bike.  Doesn’t fit, isn’t comfortable, doesn’t work
$300 repairs (still doesn’t fit, or work right)
Shipping (both ways) $200
Sold in six months
Sell for $300
Cost = $600

Replaced with…
$600 used bike (local purchase)  Doesn’t fit, isn’t comfortable, needs work and tires.
$150 repairs (Still doesn’t fit, and the shifting is never right)
After five months has major mechanical
$300 repairs
Sold in one year
Sell for $500
Cost = $550

Replaced with…
$2000 used bike (local purchase.  “Bike was $5000 new, but I got a deal because this racing team was replacing their bikes.”)  Doesn’t fit, and the shifting isn’t right.
$400 in repairs (still doesn’t fit, and feels funny when ridden)
After three months rear wheel goes out of violently out of true.
$800 for new wheelset
Two weeks later the rear derailler jumps into the new rear wheel and destroys it.  Bad crash ensues.
$1500 Med bills
$450 wheel
$150 derailler
Sell for $1200
Quit riding
Cost = $4100
Total cost of not becoming a rider = $5250!!!!

Case 2:  The “Work your way up” plan
$450 hybrid.  Inadequate to purpose in 6 months.
            $100 in repairs (necessitated by using the bike in ways for which it was never intended!)
            $200 in “upgrades”
            Brings $250 as a trade in on the next bike.
            Cost = $400

Replaced with…
$700 entry level road bike.  ($450 after trade-in.)
“Outgrown” in one year.  Components worn, tires shot.
            $150 in repairs
            $300 in “upgrades
Brings $350 as a trade in.
Cost = $600

Replaced with…
$1000 low mid-level road bike
            Outgrown in one year.  Components worn, tires worn.
                        $150 in repairs
                        $200 in “upgrades
            Brings $550 as a trade in.
            Cost = $450

Replaced with…
$1500 mid level road bike.  Happy riding for the next three years.
            $300 Maintenance
            Cost = $1250
Total cost of riding for five and a half years = $2700

Case 3:  “Get it right the first time” plan
$1500 mid-level road bike.  Happy riding for six years.
            $520 maintenance
Total cost of riding for Six Years = $2020

The moral here is obvious.  Buy the right bike.  Buy enough bike.  There are no “short cuts.”

I know I know.  You know about some guy who was related to the sister of someone your wife used to work with; who bought a perfect $8000 bike; online; only paying $17.92 for it; and the seller paid the packing and shipping; and the local shop unpacked it, re-assembled it, and tuned it for only $2.16; and it’s always worked perfectly; and he’s had it for just years.  I believe it.  I do.  I also believe in the Easter Bunny and the Tooth Fairy.

The whole “used bike gold strike” thing is something I treat with a lot of skepticism.  I will grant that it can happen, but I tend to play the actual odds.  Hey!  We all know someone who goes to Vegas to gamble a couple of times a year.  I know one of these guys.  He never boasts about “breaking the bank.”  But, to hear him talk, every time he goes, he wins enough money to pay for the entire trip, airfare included and to put an extra $5,000.00 in the bank when he gets back.

Okay, it’s just barely possible that someone could do that.  Once.  It’s not likely.  The people who run the casinos are not in the business of handing out large amounts of cash to random strangers.  They stay in business by taking cash, in large amounts from everyone who goes there.  Fine mathematicians have calculated the odds of pulling off a “streak” like the one my acquaintance boasts of.  Those odds are something like 1/300,000,000.  Since more than three hundred million people have gone to Las Vegas, it’s close to a certainty that at least one of them has had a run like that.

But my acquaintance goes twice a year, on average.  And, according to him, the same thing has happened every time he’s been there.  The odds of this happening twice to the same person are 9,000 trillion to one.  Since fewer than 12 billion humans have ever lived on the planet, and most of them have not been to Las Vegas, this is extremely unlikely.



Look!  I got taken in by a used bike once.  A “deal too good to be true.”  For the full story on that, please see this coming Friday’s post.

1 comment:

  1. Buy new especially carbon. Used bikes are fine to buy if its from a trusted mechanic and shop that's checked it out and its on consignment. Get the bike that fits u properly and pay for a pro fitting

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