Doesn't seem to be the case in London. I have a £300 bike (price when it was new, now probably worth much less) and use two secure locks (£35 each). It's outsid

Doesn't seem to be the case in London. I have a £300 bike (price when it was new, now probably worth much less) and use two secure locks (£35 each). It's outside every night and over several years, the only thing that's been stolen was my saddle once. Colleagues of mine with e-bikes or other, more expensive, bikes had parts stolen much more frequently. There's always the risk of vandalism but I guess most thefts will know what an item is worth on ebay, they won't bother about a bike they could only get £50 for. That's the concern with e-bikes, their battery is probably already worth stealing.