Courteney Cox has bought Jennifer Aniston a $12,000 Chanel bicycle. The actress bought her 'Friends' pal the expensive pushbike after she expressed an interest taking up cycling.

A source close to the star said: "Jennifer said she wanted to start bike riding because it's such good exercise. So Courteney sent her the new, ultra-chic Chanel bicycle."

The bike features eight speeds, weighs 36lbs and comes complete with a quilted leather seat and saddlebag emblazoned with the famous Chanel 'CC' logo.

The source continued: "Courteney only sent Jennifer the bike two weeks ago but she already loves it! She goes out riding all the time."

Courteney and Jennifer have remained close friends since their hit TV show 'Friends' finished in 2004. Jennifer has even been on holiday with Courteney, her husband David Arquette and their three-year-old daughter Coco.

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