Bicycles.

[Tonka]

I got a good aluminium framed full suspension bike with disc breaks and blah etc. for £120. Because it was on offer. My Dad has just got a £400 bike for £220.. again because it was on offer. I think there are a lot of good new bikes available for peanuts out there if you look for the deals. My Dad is currently bike mental at the moment, so he knows all the best deals going. I'll ask him and post the links.
Bikes shouldn't rust up on you... however Chinese.. all you need is oil! Living by the sea I'm always getting my bikes soaked in salt water on beach rides. If you rinse and oil... less than five minutes worth... then not a spec of rust. Once I left it, and a couple of days later it had rusted solid!
And I swear that a £1300 is possibly 10% better than a £300 bike... at best. Pushbike prices seem to be like designer clothes labels.

But the Claude Butler sounds a good deal. I would recommend suspension forks though. They give you much more control and prevent arm numbing over rough ground. Rear suspension just adds weight and saps power. Well, that's my opinion anyway.