I’ve been watching craigslist in my area and I’ve seen prices dropping and more being offered.
Sounds a bit hyperbolic to me. I haven't seen anything like that here. What I had seen previously, was 2 year old bikes selling for new prices (or close to it). I doubt there are a lot of $400 bikes selling for 5x their value, I find that hard to believe.It's better but still common to see 400$ bikes for 2000
There not selling but that's what there listed atSounds a bit hyperbolic to me. I haven't seen anything like that here. What I had seen previously, was 2 year old bikes selling for new prices (or close to it). I doubt there are a lot of $400 bikes selling for 5x their value, I find that hard to believe.