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  • Man maths and depreciation..
  • cokie
    Full Member

    Right,

    I really fancy a new bike. I’ve narrowed it down to a 120mm front (& 120/110mm rear) FS 29er. In my hunt I’ve found a brand new 2015 Orange Segment S for £1899 from an LBS.

    Now, I’ve got the cash but I know that in a year I’ll need around £1200 back for something.

    I’ve got a spare set of ProII on Flows which will go on and some Carbon bars. Do we think that if I keep it in good condition/working order I’ll be able to recoup £1200 from this in a years time? I don’t mind losing £600ish from a years use. Obviously consumables will be replaced as and when.

    trail_rat
    Free Member

    how longs a bit of string.

    you bin it on ride #1 and put a big dent in the top tube……. then no.

    keep it in your living room lovingly polished – maybe.

    someone invents a new suddenly much better wheelsize and obsoletes the 29er…. then no….

    BigDummy
    Free Member

    I am not a financial advisor, but if you know you need £1,200 in 12 months, then investing the money in a bicycle now does not seem to be especially prudent.

    cokie
    Full Member

    I should add- the money needed in 12 months isn’t for a necessity but rather for something else fun.

    dknwhy
    Full Member

    cokie – Member
    I should add- the money needed in 12 months isn’t for a necessity but rather for something else fun.

    Boob job?

    cokie
    Full Member

    Hookers and coke actually, but shhh….

    nickdavies
    Full Member

    The usual STW rule is RRP – 50% as soon as you buy it and then 10% off per year isn’t it?

    So £2500 -50% = £1250 – 10% = £1175.

    Should be reet as Orange tends to hold value pretty well and 29 shouldn’t be obsolete for a couple of years yet….

    Hookers and coke very similar to mountain bikes, a bottomless pit of money and bad investments (unless of course you own the hookers and are dealing coke) but lots of fun 😆

    cokie
    Full Member

    Orange Fives hold their value very well. There’s some 26” versions selling for £1500. Admittedly they have a better spec.

    BigDummy
    Free Member

    Do you basically need a big “IT’LL BE FINE”? 😉

    BigDummy
    Free Member

    iolo
    Free Member

    Spend £699 on a bike now. I’m sure you can do the rest of the maths yourself.

    Edit Here you go

    cokie
    Full Member

    Exactly! This is a N+1 man maths scenario.
    I was only expecting positive feedback with no real justification.
    I’m disappointed.

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