Cheap exercise bikes can be a complete waste of money or an absolute bargain buy. If the bike you buy doesn't do what you want it to do then you will waste your hard-earned cash.
The reasons why you're buying a bike are most likely to be:-
To get fit
To lose weight
To tone your lower body
To recover from an illness or injury
With a bit of careful research you can get a really good bike that will meet your requirements at a very good price. However, there are some very shoddy bikes out there which will not last five minutes. Likewise, if you get bored of a very basic cheap bike within two weeks your not going to achieve your goal.
Obviously a cheap exercise bike to one person may be expensive to another. When prefer the term 'budget' and use it for bikes under £200. It is possible to get a brand new bike for less than £75 - but we think they're not worth even that as you'll probably stop using it very soon. They look cheap, they feel cheap and usually fall apart quite quickly.
But all is not lost. We listed below the exercise bikes we've tried for under £200 - and some of them we think are very good (we've marked them with an '*'). You can see a complete list of all the bikes on review here.
Cheap Exercise Bikes Reviewed to date (under £200) :-
To find out what all the 'technical' terms mean and check what sort of exercise bike will suit you, please see our buyers' guide here.
Buying Second Hand Exercise Bikes
We usually don't recommend you buy second hand unless you know the person you're buying from and know the history of the bike. A number of retailers sell refurbished models but these tend to be the higher priced bikes which will still cost well over £400 as it's just not worth their time to refurbish cheap exercise bikes.