"YOU COULD BUY A CAR FOR THAT MUCH!"
YOU COULD, BUT NOT A VERY GOOD ONE...
A respectable bike costs the same as three tanks of petrol.
Does not need road tax.
Does not need insurance.
Is free to park.
In my case will travel about twenty miles to the Pint.
On average will make you live 10 years longer.
And will help to ensure there is still a planet to live on.