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Expensive Bikes Are Still Less Expensive Than Gas

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Thieves hit Derringer Cycles on West 3rd Street early Wednesday morning and stole four bikes, each worth $3,500-$4,000. The whole booty lost: Somewhere between $14,000-$16,000 total. But it's not like anyone can just ride these bikes around the city without being noticed. "They are pretty conspicuous on the road," according to the store's owner. Cover of night? [Racked LA]