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@Halbert
lol, for that amount you can have almost anything.. for instance, a columbus cromor or SL lugged bike with full 8spd sti shimano 600 gruppo usually costs around 90k HUF, which is less than 300 euro.
Even italian bikes, such as Pinarellos with decent double butted tubing and 9spd chorus or daytona gruppo can be bought under 400 euros.
and those are EUROS, not GBPs.
The prices are incredibly inflated in the UK... :\ :