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I've financed 3 bikes in the last 10 years, 1 I sold before the of the first year and paid for it for another, 1 got stolen and I paid for it for another 2 years - which was like a little '**** you' from the thief every month and 1 I paid off after 6 months and kept for 5 years.
The rest I've either bought with windfalls or bought for a fraction of the new cost second-hand with cash, I seem to always be able to get the next upgrade for little money by selling well and buying well - I tend to wait for opportunities rather than fixate about it.
I told myself I'd never buy another new bike or finance anything ever again -but 650b has kind of killed that - I'll probably ride my current bike till the wheels come off, hang it on the wall and take the arse rape for a 650b.
I'm pretty broke at the moment with us having a baby this year and needing to move early next - 26" bikes might have taken a dive in value now, but when the tipping point comes in a year or two when there's more 650b bikes second-hand than 26" bikes they'll be next to worthless.
I'm still at 6th form, so live with my parents and have little to spend money on except bikes at the moment (although a recent trip to London with the girlfriend did empty out the wallet a bit).
I'm lucky enough that my parents have really supported me in racing, and they'll pay for anything I actually need to carry on racing - wear items and anything that's actually broken. I just buy things that I'd like but don't need like weight weenie type items.
