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Freakonomics Studies Inverse Used Bicycle / Car Prices

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Chart shows exact inverse relationship between used vehicle and bicycle selling prices.
Chart shows exact inverse relationship between used vehicle and bicycle selling prices.

The NY Times’ Freakonomics blog has an interesting story on the seemingly overpriced used bike market in bike-friendly cities.  The author was in Portland, OR, for a spell and needed a cheap bike to get around but couldn’t find one for under $300…even total P.O.S. bikes that didn’t fit him.  After finding the first (legitimate) 50 items on Craigslist for each of the cities shown above for used bikes and used cars for sale, the median pricing shows a perfect inverse relationship.  Read the full article here.

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jimmy
jimmy
15 years ago

interesting.
bikes are generally overprices on craigslist.
ii have advertised POS bikes on carigslist for under $100 and i all i got were insulting emails about my POS bikes. no serious inquiries. this was in Denver/Boulder.

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