Hi all,
Thanks for the generous comments - lots of useful ideas on the table. Indeed, given the city situation and my accommodation location in the past two years, it made no sense to elude the left tail of the second-hand market. I had a couple of £30 durable professional tourist that served me well until a rather serious accident that left me with a broken shoulder convinced me it was time to move into the primary market, also in light of the fact that I plan to live here for another year or so and I will probably resell the bike in a year. On top of that, I now live in place with monitored bike-shed.
A £400 bike (the FX1 2022 I can access) translates into a (after applying the bike-to-work scheme program I can access) £260 plus £42 yearly insurance. Trek bikes come with life-time warrant. After a quick look at the second-hand market, it seems that by leveraging on the fact that I am the verified first owner, I might get back around £200-250. I guess the line of reasoning would hold if we raise the above value by another £100 (Trek FX2)
This means the bike net cost, at the end of the year, will fall within the interval of £50/100, which does not sound too excessive, considering that a similar computation for a second-hand bike would require, at sell time, a bigger discount. Not to mention all the costs/risks involved with buying in the secondary market...
Thanks for the generous comments - lots of useful ideas on the table. Indeed, given the city situation and my accommodation location in the past two years, it made no sense to elude the left tail of the second-hand market. I had a couple of £30 durable professional tourist that served me well until a rather serious accident that left me with a broken shoulder convinced me it was time to move into the primary market, also in light of the fact that I plan to live here for another year or so and I will probably resell the bike in a year. On top of that, I now live in place with monitored bike-shed.
A £400 bike (the FX1 2022 I can access) translates into a (after applying the bike-to-work scheme program I can access) £260 plus £42 yearly insurance. Trek bikes come with life-time warrant. After a quick look at the second-hand market, it seems that by leveraging on the fact that I am the verified first owner, I might get back around £200-250. I guess the line of reasoning would hold if we raise the above value by another £100 (Trek FX2)
This means the bike net cost, at the end of the year, will fall within the interval of £50/100, which does not sound too excessive, considering that a similar computation for a second-hand bike would require, at sell time, a bigger discount. Not to mention all the costs/risks involved with buying in the secondary market...
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