Last summer I got a bike for Max at a yard sale for $2. I was sure they left a 0 off the price, but I wasn't going to argue. It was too big for him last year, but now that he's 3 we're practicing. Max and I didn't have a problem with it being bright pink, but too many people are closed minded so I caved and painted it.
Handy enough, I had his favorite color, orange on hand. I base painted it with yellow spray paint, then highlighted with orange. Not bad for $2 and leftover spray paint, right?