• TubularTittyFrog@lemmy.world
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    5 hours ago

    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

    • Korhaka@sopuli.xyz
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      5 hours ago

      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
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        4 hours ago

        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.