As production comes back the cheapo bike prices will lower to where they belong. Sit tight, but if you have an old beater now is the time to get rid of it. LOL
Just be glad your not car shopping like I am. Even high mileage bad cars are bringing big bucks. But I really didn't use my car much the last year (tranny went-wasn't worth fixing) I have a bike, Lots of baskets and bags for shopping, am retired so I can sit it out. Actually am finding out how much I do not need a car really. LOL