Originally Posted by nm+
Yeah, except it's not, tis the evil of living in the UK (I used to). For general reference 1USD=1GBP in purchasing power. There's a little margin, which may mean he has about $1200 USD.
Really? That is interesting. Now that you mention it, the Cannondale in the link is about 900 GBP. At a local shop (citybikes.com), you can find the same bike for about $900-1000. Is it taxes?
So I guess he should convert his 1000 GBP, travel to the US, and buy the bike here. After 3000+ miles of use, he can claim it was bought used, and pay much less in taxes when he brings it back to the UK.