From specs to price, the key points to watch out for if you want to get a good deal on a new or used bike

Although prices of new bicycles have shot up in recent years, thanks in part to a Covid-induced bike-buying frenzy, it is still possible to find a decent one at a cost that won’t break the bank – if you know where to look.

In fact, now is a very good time to buy a new bike because sluggish sales have prompted many big retailers to knock 20-30% off. For first-time buyers, the bike market can seem daunting but here’s the Guardian Money guide to buying a bike.

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