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Is it cheaper to rent - rather than buy - your kids' bikes?

edited 23 May 2018 at 2:08PM in Marriage, relationships & families
4 replies 1.7K views
MSE_JennyMSE_Jenny MSE Staff
1.3K Posts
Part of the Furniture 100 Posts Combo Breaker
MSE Staff
This is the discussion to link on the back of the blog. Please read the blog first, as this discussion follows it.

Please click 'post reply' to discuss below.


  • SlinkySlinky Forumite
    9K Posts
    Part of the Furniture 1,000 Posts Name Dropper
    Buy secondhand, almost any sized bike can be found for under £100, my neighbour reconditions bikes not sold in auctions and sells little ones for around £15-£20 and makes money doing so.
    Make £2023 in 2023
    Water sewerage refund: £170.62,Topcashback: £91.45, Prolific: to 31/5/23 £430.30,Haggling: £45, Wombling(Roadkill): £4.97, Interest: Jan-Apr £21.72,Chase CB £49.07, Chase roundup interest 18p, WeBuyBooks:£8.37,Ebay sales: £256.02, Facebook marketplace sales: £105, Delay repay £22, Amazon refund £3.41, EDF Smart Meter incentive £100
    Total: £1308.11/£2023  64.66%
  • thriftylassthriftylass Forumite
    3.9K Posts
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    Renting as mentioned in that blog seems more expensive than buying. DS first bike was a balance bike from Tescimo (£30 lasted him 2 years and now his sister's), then he got a new 12inch for £100 from Halifords that blasted another 3 years. Then he got a £300 for £144 in the sale that'll last him at least 3 years. All under £5 a month and no extra cost.
    DEBT 03/23: CC 4637 4318 4100 5800 5500 5900 5226 :c Family 1380 0 , MAY Extra money earnt £0, NSDs 0/20
  • NBLondonNBLondon Forumite
    5.3K Posts
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I suspect this is the same question as PCP for cars... If it's important to have the newest and keep changing, then it might be a better deal. If not, as said - buying secondhand and passing down to siblings is probably better (though not from the point of view of the last child....)
    Wash your Knobs and Knockers... Keep the Postie safe!
  • SystemSystem Community Admin
    178K Posts
    10,000 Posts Photogenic Name Dropper
    Community Admin
    When my kids were little and had bikes i wanted them to have fun on them and not be worried about the state the bikes were in when they had finished with them cause they had to go back. Buying them, worth every penny...
This discussion has been closed.
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