How much does a cheap bike cost?

How much does a cheap bike cost?

As a general rule of thumb, you can get a really nice, long-lasting used bike in the $200 to $400 range. A brand new bike with similar build quality and features should run you around $500 to $900.

What is a fair price for a bike?

However, the following are average prices that you can work with: Road bike $350-700. Mountain bike $1000. Single-speed bike $400.

How much should you pay for a road bike?

Road bikes range from about $1,000 up to $10,000 or even more. Don’t forget to budget for accessories such as bike shoes, clothing and basic repair equipment, too.

What size bike does a 7 year old need?

A bike with 18 or 20-inch wheels will be suitable for riders that are 7 to 9 years old and of average height (47.7″ – 52.5″). If your child is taller than average, they may need a 16-inch bike. Or, if they’re shorter than average height, they may require a 24-inch bike.