The bike (Specialized Hardrock) was $330 new. If you add up the cost of everything attached to it, it's $735. This includes new tires, rack, fenders, seat, bar ends, lights, fork, and pedals. I've spent some good money on Arkel panniers but they get used for much more than my work commute so they don't count. I don't lock my bike at work because no one there would lower themselves to be seen with a bike and our building is far from public view.