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Value of bike must be between $350 and $30,000
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How does depreciation work?

If a bicycle is older than two years (from date of purchase) depreciation will apply. Depreciated value is calculated from the Recommended Retail Price at the time of purchase. Here’s the detail from our PDS: Depreciated value means the recommended retail price of an item when first purchased (new) reduced by 20% after the 1st […]
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