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costco has a folding ebike that's under 400$[0]. [0]https://www.costco.com/jetson-bolt-pro-folding-electric-bike.product.100712067.html https://www.costco.com/

costco has a folding ebike that's under 400$[0]. [0]https://www.costco.com/jetson-bolt-pro-folding-electric-bike.product.100712067.html https://www.costco.com/jetson-bolt-pro-folding-electric-bike...

Workaccount2 4y ago
Total aside... That bike looks like one of those mini circus bikes that clowns ride
jstanley 4y ago
But a 40% subsidy on a $400 bike is only worth $160, not the €4k headline figure.
- kaibee 4y ago
  If you give everyone a no questions asked 100% subsidy, you're gonna have a lot of people reselling bikes that the government paid for.
  - jacquesm 4y ago
    They'd have to resell them abroad though, the local market would be pretty much saturated, no?
    - danielheath 4y ago
      It's not difficult to get from Paris to Barcelona and back, with or without a bike.
      - Scoundreller 4y ago
        If I need to offload an ebike from Paris, I could think of closer countries that would value them higher!
  - antasvara 4y ago
    Isn't that true of any subsidy? If 40% of my bike is subsidized, I only need to buy and resell that bike for greater than 60% of the purchase price. I bet you'd get less resellers, but you'd definitely still get a lot of them.
  - andrepd 4y ago
    That is true with any amount of subsidy. And yes, and people can use e.g. welfare payments to buy cigarrettes and booze. That is in itself not an argument against welfare payments.
  - InitialLastName 4y ago
    Why would you buy a bike from a reseller for $0 + profit when you can get one the with a government subsidy for $0?
- teaearlgraycold 4y ago
  Yeah but you also have cash from selling your car.
  - jstanley 4y ago
    But you get cash from selling your car even without the government subsidy, If "France is now offering a €4k e-bike subsidy" is 96% the cash they got from selling their car, then it's a strange turn of phrase. It's more like "the secondhand car market is offering a €4k everything-subsidy if you give up your car"!

costco has a folding ebike that's under 400$[0]. [0]https://www.costco.com/jetson-bolt-pro-folding-electric-bike.product.100712067.html https://www.costco.com/jetson-bolt-pro-folding-electric-bike...

Workaccount2 4y ago

Total aside... That bike looks like one of those mini circus bikes that clowns ride

jstanley 4y ago

But a 40% subsidy on a $400 bike is only worth $160, not the €4k headline figure.

kaibee 4y ago
If you give everyone a no questions asked 100% subsidy, you're gonna have a lot of people reselling bikes that the government paid for.
- jacquesm 4y ago
  They'd have to resell them abroad though, the local market would be pretty much saturated, no?
  - danielheath 4y ago
    It's not difficult to get from Paris to Barcelona and back, with or without a bike.
    - Scoundreller 4y ago
      If I need to offload an ebike from Paris, I could think of closer countries that would value them higher!
- antasvara 4y ago
  Isn't that true of any subsidy? If 40% of my bike is subsidized, I only need to buy and resell that bike for greater than 60% of the purchase price. I bet you'd get less resellers, but you'd definitely still get a lot of them.
- andrepd 4y ago
  That is true with any amount of subsidy. And yes, and people can use e.g. welfare payments to buy cigarrettes and booze. That is in itself not an argument against welfare payments.
- InitialLastName 4y ago
  Why would you buy a bike from a reseller for $0 + profit when you can get one the with a government subsidy for $0?
teaearlgraycold 4y ago
Yeah but you also have cash from selling your car.
- jstanley 4y ago
  But you get cash from selling your car even without the government subsidy, If "France is now offering a €4k e-bike subsidy" is 96% the cash they got from selling their car, then it's a strange turn of phrase. It's more like "the secondhand car market is offering a €4k everything-subsidy if you give up your car"!