Anons argue in comments
this post was submitted on 23 Feb 2025
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You can get pretty good deals under 500, at least here in Europe ($ to € relatively close).
A local shop here for example has some fully serviced and functional, partially modernized, 90s mountain bikes between 200 to 400 eur. And that's with a trend tax, since those are getting somewhat popular nowadays for how great commuters they make
Yeah, you absolutely can. I got my kid a great used bike for $200, because I knew what to look for.
But your average person will just go to the store to buy something, and $500 keeps them away from most of the trash out there while being much cheaper than a car. If you have a bike loving friend, they can probably find you a great deal under $500.