I am no expert, but I do teach spinning and have ridden on several kinds of indoor cycles. In your price range, depending on where you live, you might consider buying a used spinner from this dealer http://www.innercycling.com/xcart/pr...age=1&featured
He sells parts, advises people on maintenance, etc. That might be better then buying a used one from ebay that is not reconditioned.
Good luck - it's a great way to get back in shape!



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