Investing in a new bicycle can be an exciting treat for many, but figuring out how much to spend can be a challenge. The cost of a bike can vary greatly depending on its type, quality, and the features you need. Today, we’ll take a look at the factors influencing bike prices, how much you should expect to spend, Plus, we’ll explain a little more about DASH’s cost-saving options such as huge cycle-to-work savings through our store, or all-inclusive, flexible subscriptions.
Factors Influencing Bike Prices
The price of a bicycle can range from a couple of hundred pounds to several thousand! Key factors influencing the cost include:
- Type of Bike: Road bikes, mountain bikes, hybrids, and electric bikes all have different price ranges. High-performance models typically cost more.
- Frame Material: Bikes made from lightweight materials like carbon fibre or titanium are generally more expensive than those made from aluminium or steel.
- Components: Higher quality components, such as gears, brakes, and suspension systems, can significantly increase the bike's price.
- Brand: Established brands with a reputation for quality often have higher prices.
Budgeting for Your Bicycle
Here's a general guide on how much you might expect to spend based on different types of bikes and usage:
Entry-Level Bikes (£300-£600)
Entry-level bikes are suitable for beginners or casual riders who need a reliable bike for short commutes or occasional rides. These bikes often feature basic components and are made from durable materials like aluminium.
Best For:
- Beginners
- Casual riders
- Short-distance commuters
Mid-Range Bikes (£600-£1,500)
Mid-range bikes offer a balance of performance and affordability. They typically feature better components, such as improved gears and brakes, and lighter frame materials.At the higher end of this price range, you’ll see some of the more affordable e-bikes starting to appear too. These bikes are great for regular commuting, fitness rides, and more serious cycling enthusiasts.
Best For:
- Regular commuters
- Fitness enthusiasts
- Weekend cyclists
High-End Bikes (£1,500+)
At this price point, you’ll find the higher-end bikes and most e-bikes. The former are designed designed for more serious cyclists and professionals. The high-end manual bikes come with top-of-the-line components, advanced frame materials like carbon fibre, and are often custom-fitted. These bikes are ideal for competitive riding, long-distance touring, and those who demand the best performance.
Best For:
- Competitive cyclists
- Long-distance riders
- Cycling enthusiasts who prioritize performance
How to Save Even More: DASH & The Cycle to Work Scheme
DASH has reinvented the way we access cycle to work. The Cycle to Work scheme is a government initiative here in the UK that helps employees save money on a new bike and accessories through salary sacrifice.
By spreading the cost over 12 months and making payments directly from your salary before tax, you can save at least 28% on the total cost of your new bike.
Benefits:
- Significant savings through tax benefits
- Spread the cost over 12 months
- Includes bikes and cycling accessories
DASH’s All-Inclusive, Flexible Subscriptions
For those who prefer flexibility and convenience, DASH offers an all-inclusive subscription service starting at just £27 a month. This subscription includes a bike, helmet, lock, theft cover, and repairs, making it an affordable and hassle-free option for new and existing cyclists.
Benefits:
- Affordability: Prices from just £27 a month, making it accessible for many budgets.
- All-Inclusive: Includes essential accessories and services such as helmet, lock, theft cover, and repairs.
- Flexibility: Ideal for those who want to avoid the upfront cost of purchasing a bike or just cycle for a certain part of the year.
Conclusion
How much you should spend on a new bicycle depends on personal circumstances such as your needs, cycling goals, and budget. Entry-level bikes are great for beginners and casual riders, while mid-range bikes offer better performance for regular use. High-end bikes cater to serious cyclists who demand top performance. Whatever you decide, you can take full advantage of cost-saving options like Cycle to Work scheme discounts or the all-inclusive subscriptions here at DASH.
Meet your new commute.
Yours from £29/month.