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Old 06-21-21 | 07:51 AM
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Dylansbob
2k miles from the midwest
 
Joined: Feb 2005
Posts: 1,963
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From: Washington

Bikes: ~'75 Colin Laing, '80s Schwinn SuperSport 650b, ex-Backroads ti project...

Bicycle repossession. Is it coming?

With the ever rising costs of new bikes and credit/financing offers that those costs have created, are we going to see banks start repossessing delinquent account holder's bikes? Bikes costing $3k+ are pretty commonplace and banks will go after cars worth half of that.
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