> 
> From: "Bob W" <[EMAIL PROTECTED]>
> Date: 2007/05/29 Tue PM 09:37:42 GMT
> To: "'Pentax-Discuss Mail List'" <[email protected]>
> Subject: RE: Editorial: Pentax missed the boat?
> 
> > > Oh, yeah.  I've been pricing bikes lately.  Holy cow, some 
> > of them are
> > > pricey. ...
> > 
> > Yeah, mine cost me about $950 last summer and it's far from 
> > "high end".
> 
> Depending on what you're going to use the bike for, it's worth
> comparing it against the cost of other travel. In my case I could
> easily justify spending a huge amount of money on a bike. 
> 
> I don't need a car, so I don't have one, but I do receive a reasonable
> car allowance from. I am in a car share club (www.streetcar.co.uk)
> which is very cheap and convenient to use on the few occasions I need
> a car. So I reckon I have (notionally) at least £3000/year car money
> available to me. Realistically, if I were to buy a car I'd be spending
> about £15,000 on it, amortized over 3 years, so the actual cost would
> be much higher.
> 
> I also spend £150/month on a 5-zone season ticket for getting to &
> from work, so that's another £1800/year. I could save most of that
> money if I cycled to work (I don't because of the lack of washing,
> locker and secure bike parking facilities).
> 
> So I could spend up to £4,800 a year on a bicycle and still break
> even. 
> 
> The bike I have now cost me £400- 12 years ago. When I replace it,
> probably early next year, I will spend about £2500 on the new one,
> which I will have custom fitted and made by one of the 2 sepcialist
> framemakers who live within 12 miles of here. 
> 
> Given the figures above, the bike will effectively pay for itself in
> less than a year. I expect it to last at least 12, and probably more
> years, so it will cost me less than £5 per week to have that bike! And
> it will still be only about 10% of what I've spent on camera equipment
> over the last 25 years...
> 
> Oh, and if I cycled to work, the government would give me 50% of the
> price of the bike.
> http://www.cyclescheme.co.uk/

That seems to be one of those hire/buy scams, sorry, schemes.  You have to pay 
a lump sum at the end of the hire period to actually own the machine - or you 
get another one and carry on the payments.  That rather negates the point of 
buying a machine and using it until it is worn out.  Which is a pretty long 
time with a bicycle.

The savings over motor transport are more than enough financial justification 
to use a hptw.


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