Let’s face it, mountain bikes aren’t cheap. I know guys that have dropped $5-$7k on a mountain bike. Each time I hear of it, I sorta cringe. You see I’m what you call a cheapskate, AKA BOB-Brother on a Budget. I come from no money and because I have three daughters, I still don’t have money. Any of the mountain bikes I’ve purchased are usually acquired through some extensive dealings to get a bro-discount. I make sure I try and pay at cost for a bike. If anything, having a used bike is the way to go. Just like cars, their resale value drops like a sledgehammer once they leave the showroom floor.
Not sure if you knew this, but I’m a huge motorcycle fan. I’ve bought and sold over 31 motorbikes in the past few years. It’s become a big hobby for me. I look for bargains or in some scenarios, a basket case and I’ll recondition and resell for a profit. I’ve gotten pretty good at it and out of all my dealings I can say I’ve only lost money 2 times. That loss only equates to about $50…but if you consider all the profit I make on all my other dealings, then I really didn’t take a loss.
Anyhow, when I heard some friends drop mad-cash on new bikes…my mind immediately goes through a thought process of “I could have bought a nice motorcycle for that!” Sometimes my mind ends up speaking on my behalf by blurting out…”DAAAANG!!!” Then I also think about how many months of rent that could pay or how many car payments that could take care of. I also think about how many tattoos can I get with that money?!
But hey, to each his own, right? I mean, you’re going to do what you think is best for you. For me, if I had $4k in my pocket, I’d probably find a mountain bike for about $1500, then use the rest to buy 1-2 motorcycles to flip so I can get a return on that cash I just spent.