cycling has become scene and judgy now - sure scuba has GUE, Scubapro and Apeks but if you’re not showing up to the weekly club ride on a Specialized S-Works/Cervelo and wearing full Rapha/Pas Normal Studios kit and don’t have the Strava stats to talk the talk, you’re nobody. I ride a very, very, very modest steel-framed road bike with a proven but “old” Shimano 105 gruppo but I see even 20-somethings on the latest carbon frame with full Di2/SRAM eTap/Campy EPS in full Rapha kit.
I live on a listed national cycling route and one of the “steepest” hills in the county is nearby. I see it every weekend near my home. Middle Aged Men in Lycra who think they are in the Tour de France with all the promotional logos on their clothing. Why would anyone pay premium prices to look like a billboard? The Tour de France riders are sponsored to wear that $$$$.
I have a pair of cycling shorts, I need the padding

One of the local recycling centres resells bikes (and other stuff) from the network of recycling centres. I have bought a few classic old road bikes there for less than $30 each, put on new tyres and sometimes wheels and chains and they are great bikes.
Also, as a kid, my brothers and I did all our own bike repairs, just buying parts. Mostly puncture repairs, brake pads, gear change adjustments etc. Judging by how busy the local bike shops repair desks are, nobody seems to have the confidence and skill to repair a bike anymore.