Used-Bike Owners More Likely to Ride
New bikes are used less, study finds
A forthcoming study on bicycle-use habits suggests that people who buy used bikes are more likely to ride them. The study also found that bike owners who make $200,000 or more per year are more likely to buy used bikes (22 percent) than new ones (12.5 percent). Owners of used bikes are also more likely to bike to work, visit bike shops, and buy more bicycling accessories. The full results will be released next month by The Gluskin Townley Group, a marketing and research consulting firm.
Read more at Bicycle Retailer and Industry News