I'm 71 and ride this.
Cost when new — $7900. So yes, older riders can and do ride expensive bikes.
Here's my "old school" bike. Cost $3200 in 2001.
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The Lord is merciful and gracious, slow to anger and abounding in steadfast love. - Psalm 103:8
I am a cyclist. I am not the fastest or the fittest. But I will get to where I'm going with a smile on my face.