im not familiar with bikes like raleigh, so id need to know the headtube size. the standard performance bike headtube is 1 1/8", but a raleigh might be smaller, which then the only way to really go is a new bike. find out what size it is. if ur friends have more expensive bikes from bikeshops then you could just compare. get back to me with the size and then we'll talk. also, $250 is realitively low, but i might be able to find u something that will hold up.