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What does the freedom cost?(18 posts)

What does the freedom cost?Zman
Oct 21, 2003 10:53 AM
Biking is a habit that can indeed be very costly. But how costly.

The question: How much do you figure you have spent on bicycling and biking related stuff in the past 5 years.

I have spent over $26,000 thus far. I am one sick idiot.

Depends on who you are?lotterypick
Oct 21, 2003 10:58 AM
If you're MJ then 26K isn't much.

If you're renting, then your an idiot.
what!! yes it isMJ
Oct 22, 2003 4:44 AM
although you probably mean a different MJ...
People think I save money by bicycle commuting...spluti
Oct 21, 2003 11:18 AM
I don't think so..but I haven't come close 26k either
Depends on how you calculate the costs . . .ms
Oct 21, 2003 11:30 AM
If you are just talking about money spent in bike shops and with online retailers, I guess that I have spent somewhere between $5,000 and $10,000 over the last three years (probably closer to $10,000). But, I have a friend that started cycling in 2000 when I did who has spend a great deal less -- he is more frugal (e.g., used bike, does his own repairs, only buys cycling clothing when it is on clearance) but has as much "freedom" as I have.

However, my cost of cycling is far greater than my out-of-pocket costs to bicycle shops and retailers. I have spent a great deal of money on bike-related travel, I no longer work on weekends from April to October unless I really have to, I have had cycling-related medical expenses (see thread below). On the other hand, since I have began cycling, I have cut back significantly on another expensive hobby and my family claims that I am much easier to live with. So long as you are meeting all of your other financial obligations (the kids' tuition, the mortgage, etc. come first), you are not a "sick idiot" so long as your riding makes you happy.
bicycling certainly is not costly.Steve_0
Oct 21, 2003 11:52 AM
Its the habit and/or justification of un-needed accessories or 'upgrades' thats expensive.

A typical year consists of a few sets of tires and maybe a chain and sprocket. This year, in particular will be expensive for me; I'll be stopping at the LBS today for headset bearings (first time in probably 8 years).
Will wing flex really make me go faster? :) nmlotterypick
Oct 21, 2003 12:15 PM
I'm pretty close to your number but...Dave Hickey
Oct 21, 2003 11:59 AM
I really don't consider $5000 a year a whole lot for a hobby. I don't golf, sit in bars, go to health clubs, etc.. Cycling is my one and only hobby.
Figure it this way...gtscottie
Oct 21, 2003 12:19 PM
My wife and I like to bike and camp. My brother also likes to camp and often we end up at the same camp site. The differance is it takes us most of the day to get there and he gets there in a couple of hours.
But the cost....
My cost
$5800 for a tandem
$300 for a trailer
$250 for a tent
$200 sleeping bags
another $200 for variouss camping gear
$130 for paniers.
Total = $6880.00
My brothers cost....
$42,000 for a truck
$27,000 for a trailer
$6000 for various camping gear.
His cost = $75,000 and he has to pay for gas too.

When you look at it this way biking is cheap.
26K? Here's the breakdownFez
Oct 21, 2003 8:00 PM
1K for a bike and kryptonite lock back in 1998.

Ride 2 miles to local gentlemens' club after work.

Spend 25K over past 5 years on drinks and lap dances.

Total = 26K in past 5 years.
On commuttingboyd2
Oct 22, 2003 4:33 AM
A friend I used to work with (who is also an endurance runner/swimmer) tried to convince me that I could not save any money by commutting 10 miles to work. He claimed that all the extra food I eat (I eat constantly) overcame the money I saved on fuel for the car!
This is just the bikes...Zman
Oct 22, 2003 4:29 AM
I have purchased the following bikes in the past 5 years, all brand spanking new;

1999 Cannondale F3000 SL (1st in state to own)
2000 Cannondale F5000 SL (Team Edition, 1st in state)
2000 Cannondale R2000 (a gift to my son)
2000 Cannondale F2000 SX (Lopes Edition)
2001 Cannondale Jekyll 3000 (again 1st)
2001 Cannondale Jekyll 3000 Custom from C'dale
2002 Trek 5500 Postal Edition (my 1st road bike)
2002 Gary Fisher Utopia (wifes bike)
2002 Lemond Wayzata
2003 1st year since 1993 with NO new bike!

A addiction indeed. I also have AT LEAST 2 spare wheelsets for most bikes and enough parts to build at least 2 mountain bikes and 1 road bike (with XTR & Ultegra).

do you own a car?MJ
Oct 22, 2003 4:48 AM
I don't - I live in London - I can get anywhere I need faster on a bike

a tube pass for a month costs £80 (US$125) (depending on where you live) - and after a month all you have is an expired tube pass

I don't have any travel costs other than my bike so it's not more expensive for me... mind I have four bikes - SS pub bike for commuting - custom steel cross, custom steel road, stumpie mtb and an old Bridgestone in Texas with my brother...
About $3000 over the last 30 yearsContinental
Oct 22, 2003 6:08 AM
You like to spend money. I don't. Anyone can buy a $600 bike and keep it well maintained for less than $100 year and it will last forever. Shoes and clothes last more than 5 years and cost less than $100 with prudent purchasing.
Oct 22, 2003 10:13 AM
If I only spent $100 per season my riding would be over very early, like in February.

I have never owned any shoes that have lasted 5 years and I won't wear 5 year old bike shorts. Also, I am a very prudent buyer. How much you spend does not determine if you are a prudent spender or not.

So there...

Strange concept of prudent spendingContinental
Oct 22, 2003 12:46 PM
$26K in five years for bike stuff and your a prudent buyer? Nonsense! Anything over $1500 for a bike is a purchase for status, not for performance. If you can ride well enough to justify a better bike, a sponser should be buying it for you. Same with tires and accessories. Tire cost should be about a penny a mile. Shimano MTB shoes last for years of road use. 5 years is a little long for a pair of shorts, so add another 50 bucks per year if you want.
re: What does the freedom cost?sweathog
Oct 22, 2003 9:27 AM
$5375 on bikes in 40 years. I haven't had that many bikes - 5 road, 2 track, 3 mountain. I even resold several of them, but didn't deduct what I got from the total. I still have my second road bike from 1964 - a total beater, but I still ride it. Throw in a few thousand for tools, parts, clothes, etc. - make it $10,000. That's $250 a year. I figure I've ridden 50,00 miles (some years 10,00, some years zero) - 20 cents per mile.
A lot......but not that much.TWD
Oct 22, 2003 12:50 PM
I have no idea what I have spent on my cycling habit in the last 5 years, nor the 20 years before that going back to my fist bike when I was a kid. I don't think I would want to know how much in terms of $$$$.

But I know it's a lot less than what most people I know spend on having a brand new car every 2 years, the latest in stereo equipment, that home theater system and all of the rest of the worthless crap (in my opinion) that people blow their money on.

I think cycling actaully saves me money and greatly improves my quality of life. I have been bike commuting to work for the last 5 years. That has saved me the cost of having to own a second car. That difference is huge when you add up the cost of even a modest reliable used car, maintenence, gas, additional car insurance, and depreciation.

I've read on a couple of occaisions that owning a second car costs an average of $3k to $4K a year which is probably about what I spend on cycling.

But in return, I get transportation, recreation, competition, excercise, stress relief etc.....

I don't own a TV or fancy stereo system, I don't pay for membership at the local gym. I don't pay for membership at the local golf course. I don't have to pay a shrink to help me deal with on the job stress or family counciling (my wife and kids love to ride too). I don't need any of these things. Cycling takes care of all of those needs.

Talk about freedom. What more could you ask for. Well, other than more bikes.