My bike: repair, buy new one, buy second hand one?
Dutchies, I need to pick your brain for a minute for this exercise in mathematics.
I have this ten year old bicycle that by now is costing me dozens of euros per year in repairs. It has numerous things wrong with it at this moment, and estimates from several bicycle repair men range from 50 to 100 euro to have them repaired. These fellows also sell second hand and new bikes; from 120 to 150 euro for the former and from 320 to 450 for the latter category. The new bikes include the price of insurance.
I am always a bit wary of buying a bike, because it might get stolen tomorrow. 16% of all bikes in Amsterdam get stolen each year, but the chance to have my bike stolen might actually be higher, because the population of bikes also includes those bicycles that sit in sheds doing nothing, bicycles in relatively junkie-free neighbourhoods and so on. My personal experience is that my bike gets stolen once every four years (I am due last year).
Should I have this bike repaired, I should count on having to have both wheels replaced at some time in the near future, as they are both getting old and have all kinds of ailments (broken spokes, loose axels, rust, et cetera). As it is, I am guessing my repair bill for 2007 is going to be well over 100 euros, and that’s just pouring money into a bottomless vat.
The thing is, I do not overly trust bicycle repair men, or the second hand bikes they sell. Several of the problems I currently have with my bike were supposedly fixed in the relatively recent past by bicycle repair men. (As a matter of fact, you could probably help me the most by recommending an actually reliable repair shop in Amsterdam, as I am running out of candidates.)
So, what’s your mathematical model for what would be the cheapest solution for me?
(Oh, a foldable bike is not an option, as I like to use it for more than just short city trips.)