or Connect
Cycling Forums › Forums › Bikes › Bike buying advice › Money wasted on new bikes
New Posts  All Forums:Forum Nav:

Money wasted on new bikes

post #1 of 33
Thread Starter 

I often wonder what the percentage of bikes sold in the US get used regularly.  I am always amazed when I go to the LBS and see folks picking up new bikes.  I rarely run into them out riding on the roads and almost never see them on the single track trails in the area.

 

Anyone know of any statistical data?

post #2 of 33

I ride a lot of residential neighborhoods and it is amazing how many garages

are full of bikes, I mean, five, six or more. I heard once that about sixty five

percent of all bikes are ridden less that one hundred miles in their entire life.

post #3 of 33
Sad to think I'm cranking out mile on my diamond back podium 1 while plenty of people probably have 3000 bikes sitting unused in there garage.

I don't know what possesses people. I saw a 2011 Roubaix Comp SL3 today on craigslist bought in January for 3700, 0 miles on it, now asking 3000.
post #4 of 33

Around 18-20 million bikes sold (retail) per year recently ... how many are "collector bikes" and how many get used??   Maybe some answers somewhere in here:  http://www.ibike.org/library/statistics.htm 

 

Bicycles ... skis .... kayaks ... motorcycles .... boats ... tennis racquets .... camping gear ....

 

Factor in work, school, children's sporting events. etc  .... and there just isn't time to use it all.  People have varied interests and many activities require equipment.   My parents purchased road bikes 20 years ago with the intention of staying fit.  They rode them for a while, then nada.  They purchased "mountain bikes" 15 years ago thinking that being away from traffic would be better and the same outcome.  They're in their 70's/80's now and continue to play tennis almost every day.  ...priorities.

 

Discretionary income is high in the US (or used to be :grin:) so garages are full of "collections".   I've got a few myself, so can't throw any stones.  I try to use it all , but can't with high frequency.  Skis (50-80 days/season)  and bike(4k+ miles/year) get high use. but other stuff varies.  Have a PWC that hasn't been out of the garage in 2 summers and there is a lake at the end of my driveway.  WTF?  ... priorities.   

post #5 of 33
Thread Starter 

Sitzmark your post was the eyeopener. I wasnt surprised that the US was at the bottom of every catergory other than the Automobile. Sad.  I took a quick inventory of my unused sporting equipment and came up with a lot more than I thought.  Time is the biggest factor for everything and its the only thing we cant produce.  BTW I have a Min-pin "Rex" who is addicted to tennis balls he says hello to your parents.

 

BHOFM AKA Brad I'm not surprised that you know where every dormant bike lies in your surrounding community. I am willing to bet that we will see a great many of them reconditioned and hitting the roads for many miles shortly after they are finally wheeled out for the yard sales.

 

post #6 of 33

Most of my adult neighbors own bicycles and you can see them in their garages, but I've never seen any of them ride. Some of them have mentioned to me that they ride stationary bikes at their fitness clubs. Some of the younger children ride their bikes up and down the block.

 

I bet I could easily find over 50 bikes just in my neighborhood that have less than 200 miles on them, but are several years old.....

 

 

 

post #7 of 33

 

Quote:
BHOFM AKA Brad I'm not surprised that you know where every dormant bike lies in your surrounding community. I am willing to bet that we will see a great many of them reconditioned and hitting the roads for many miles shortly after they are finally wheeled out for the yard sales.

For the most part, yard sale bikes are grossly over priced. I do better at the Salvation Army Thrift Store.

The is a house up the street, they have had the same bike in their yard sales for over ten years. It is a

no name bike, no labels at all, they claim It cost $1200 new, needs some adjustments and tires, they

want $750, firm. It has all Falcon equipment?? It is a full blown road bike.

 

Most of the ones I look at are junk or several hundred dollars. I looked at a Roadmaster, they were asking

$125. A Specialized, Expedition Ellette for $250, the chain and freewheel was solid rust, the chain humped

up when I tried to spin the wheel. It has a lot of other issues as well. Lots of Wally bikes, $75 and up.

The local pawn shop has a Trek like mine, they are asking $799. It is a later, aluminum framed version.

 

I rebuilt an old Ironman for my neighbor, he has never ridden it. That was almost a year ago.

 

I wish I knew that answers...

post #8 of 33

The USA is not alone in this problem (for it is a problem).

I do a regular Saturday AM ride. I almost always ride my Singlespeed roadie.

A guy turned up (he’s been before apparently) on a Wilier Cento Uno with DI2. It was brand new and his first ride on it. He had to tell everyone that.

He had it insured for $21 000 (I looked them up when I got home and it most likely cost him $18 000 – our $ was worth about 75 cents of yours then).

 

Have we seen him again? No. What a waste.

There is almost ratio of the more money spent on a bike the less time it spends on the road – with MAMILS at least.

 

BBBsmile.gif

post #9 of 33
Quote:
Originally Posted by davereo View Post

BTW I have a Min-pin "Rex" who is addicted to tennis balls he says hello to your parents.

 


I'm sure my parent's could shower Rex with old tennis balls to feed his need.  Growing up we had a bin full of practice balls  - must have been a few hundred that recycled through it at any given time - somewhat old in, dead and flat out.  Only problem is parents are in Seattle, so a long way to go for a fix.  :) 
 

 

post #10 of 33



 

Quote:
Originally Posted by Bigbananabike View Post

The USA is not alone in this problem (for it is a problem).

 

Have we seen him again? No. What a waste.

 



Why a problem?  Presumably he didn't steal the bike, so a few people earned some money getting the bike in his hands and he's happy.  Sounds like a good deal to me. 

 

Maybe he decided to ride with another group.  ... maybe not... :)  

 

You have my interest peaked ... my last weekend group ride was 53 miles, 21mph average, and 3,200 feet of climbing.  I was spent at the end with gears.  No way I could hang on an SS - at least I don't think so.  How do you gear it?

 

post #11 of 33
Quote:
Originally Posted by sitzmark View Post


Why a problem?  Presumably he didn't steal the bike, so a few people earned some money getting the bike in his hands and he's happy.  Sounds like a good deal to me. 

 

 


I concur with this sentiment.  "Waste", in the context that it's used in this thread, is a relative term.  What may be a "waste" to you, may not be a "waste" for me.  Conclusions and judgements about others you know nothing about is reckless...but I guess it makes for good discussion...

 

But those gun-toting cyclists are still paranoid, insecure gun fanaticsbiggrin.gif...

 


 

 

post #12 of 33

I was just having a discussion about this with my sister.  She does a bike tour or two per year so she tends to ride more early spring and once her tours are done that's it.  She bought a Cannondale Road Bike years ago, along with a Nishiki hybrid (not sure if she got them used or not).  I've been riding her hybrid and just recently purchased a Specialized TriCross Comp Double from Craigslist (that hybrid is just too heavy...)  Getting to the point - she was having trouble shifting gears and took her road bike in for service and they told her it was going to be $600 to fix.  She found a different bike she likes new for $900 and is contemplating.  It's kind of like when your car needs more work than it's worth, but her bikes dont sit.  I probably still spent way too much for my bike but I certainly wasn't going to shell out over a thousand...

 

post #13 of 33
Quote:
Originally Posted by IronGirl2011 View Post

I was just having a discussion about this with my sister.  She does a bike tour or two per year so she tends to ride more early spring and once her tours are done that's it.  She bought a Cannondale Road Bike years ago, along with a Nishiki hybrid (not sure if she got them used or not).  I've been riding her hybrid and just recently purchased a Specialized TriCross Comp Double from Craigslist (that hybrid is just too heavy...)  Getting to the point - she was having trouble shifting gears and took her road bike in for service and they told her it was going to be $600 to fix.  She found a different bike she likes new for $900 and is contemplating.  It's kind of like when your car needs more work than it's worth, but her bikes dont sit.  I probably still spent way too much for my bike but I certainly wasn't going to shell out over a thousand...

 



IronGirl, you might want to suggest to your sister that she take her bike to a different bike shop and get a second opinion on that shifting problem. Maybe it really will cost $600 to fix, but that seems awfully expensive to me... eek.gif

 

 

 

post #14 of 33
Quote:
Originally Posted by davereo View Post

I often wonder what the percentage of bikes sold in the US get used regularly.  I am always amazed when I go to the LBS and see folks picking up new bikes.  I rarely run into them out riding on the roads and almost never see them on the single track trails in the area.

 

Anyone know of any statistical data?


No statistics, but rest assured that most that buy new bikes with all the good intentions in the world to ride do so for an average period of 3 months then stop...forever!  The same is true with gym memberships, that's why gyms push year contracts because they know the fool won't be there longer then 3 months and that's also how they can oversell the memberships because the gym will never get used to it's max capacity.

 

I like older bikes, in the last 8 months I've purchased 3 "used" bikes that were used no more then 250 miles before being stored, now I own them and their in new condition.  One is a 84 Fuji Club, the other is a 86 Nishiki Olympic (my take to camp road bike), and the last one is a 85 Schwinn Le Tour Luxe (my go to touring bike).  The Schwinn is a 10 out of 10, the Fuji is a 9 out of 10, and the Nishiki is an 8 due to some paint scuffs because the person didn't cover it when he stored it like the other two were.  The Schwinn has the most amount of miles at 250 and the Fuji has the least at about 5 miles!  As time goes by you will begin to find real nice carbon bikes that were rarely used going for cheap, but give it another 10 years before they start showing up in any kind of numbers.  My 3 bikes were all owned by guys now in their 60's cleaning out their "junk".   I've also last year purchased another used bike, though it was used for training rides it was in good shape and I deemed it a good buy and that was a 88 Miyata 712 for $50.  I also have bikes I purchased new.  But I ride a lot so these bikes do get used.  

post #15 of 33

I have posted numerous times to people looking for bikes to adopt off of Craigslist or any other classified listing.  I don't have any statistic except for the one a guy at an LBS told me.  He said that the average bike that is bought new never makes it to 300 miles with that owner.  I don't know how accurate that is but I would say it's probably true.  If you are looking to buy an orphaned bike you can get a good deal but you have to be very diligent in your search.  Not everyone lives in Denver where there must be 200-300 listings on craigslist a day, many of which are decent bikes.  But then you have to find the right size, etc. etc.  But I am always encouraging to find homes for unused bikes.  It only seems right.

New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Bike buying advice
Cycling Forums › Forums › Bikes › Bike buying advice › Money wasted on new bikes