Current bikes = huge rip-off
However when I look at the current prices in 2020, for the exact same bike with the exact same components (the frame and components have not been refreshed yet), you pay far more money then what I paid for.
So how come manufactures are charge more money for the exact same product that was sold a few years ago? I feel really sorry for people who are buying the 2020 bikes.
I could probably sell my bike and either break-even or make a small profit.
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What year?
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As soon as you buy a bike it's pretty much lost 50% of its value - but yeah go for it and see what happens.
Plenty of bargains if you look outside of the big names anyway.
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Agreedfenix said:As soon as you buy a bike it's pretty much lost 50% of its value - but yeah go for it and see what happens.
Plenty of bargains if you look outside of the big names anyway.
Rip-off Britain has been a phrase for some time now and there does appear to be some justification for this on certain products, though not all. The exchange rates can only account for a fraction of this misalignment.
https://www.youtube.com/watch?v=mIQnpoGBS1I
Misinformation of course just muddies the water
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When I started working - I saved up for a top of the range bike. Custom steel and paint. Top of the range components. It was a lot cheaper back then - I could save for it on a small wage.
Now how much is the Pro Tour Pinarello for example ? Ten Grand or more ?
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In 2012 I bought a 2011 model CAAD10 with 105 for £1,020.
Right now, I could buy a 2019 CAAD 12 with 105 for £1,120
If I wanted a CAAD13 with 105 it would be more like £1,600
Top spec carbon frames with deep wheels and electronic group sets are expensive though.0 -
You can buy unbranded carbon frames off ebay that are made in china probablly same factory as pinarillos and the likes, and you pay 300-700 quid.
on these branded high end bikes all you are paying for is the paint job.
another way to go is buying old stock (outdated)
last year I bought a brand new via nirone 7 for 500quid, something like %50 off because it wasnt this years model.0 -
Top of the range bikes are really there to part fools with their money. Alternatively they allow wealthy people to buy very small improvements. As I have no intention of splashing 5k plus on a bike though I prefer the former.
If you look around you can still buy decent bikes that are near as you'd notice the same as the top end stuff for reasonable money - if you call 2-3 grand reasonable.[Castle Donington Ladies FC - going up in '22]0 -
Brexitflation.
Plus Shimano were expecting to put prices up by ~20% around late 2017 IIRC.
The standard EOL price for my Cube was ~£1k until May 2017, I paid £100 less through Rutland's May Bank Hol promo. Not a chance of similar spec now with "proper" hydraulic disc brakes under £1k and a carbon frame.================
2020 Voodoo Marasa
2017 Cube Attain GTC Pro Disc 2016
2016 Voodoo Wazoo0 -
ten years ago a top of the range Specialized was about 4-5 grand, now it's in excess of 10 grand. Electronics and hydraulics explain some of the increase (maybe a grand), some is inflation (maybe another grand or so) the rest is simply the industry consolidating profits. The removal of the C2W 1 grand cap will inevitably push up the prices of low/mid range models tooleft the forum March 20230
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And maybe because people seem to have the cash (or seemed to).
Plenty of people paying 60 grand or more on Range Rovers etc...0 -
Because that's the way the world and economy works. It's inflation. You could say the same about any product - a tin of beans 5 years ago cost less than today.zest28 said:I bought a top of range bike for alot of money a few years ago. It is basically exactly the same bike (frame + components) used by world tour teams.
However when I look at the current prices in 2020, for the exact same bike with the exact same components (the frame and components have not been refreshed yet), you pay far more money then what I paid for.
So how come manufactures are charge more money for the exact same product that was sold a few years ago? I feel really sorry for people who are buying the 2020 bikes.
I could probably sell my bike and either break-even or make a small profit.0 -
yeah, but low inflation doesn't justify prices doubling in 10 years or so. At a push, we had 2% inflation year on year, which roughly means 25% increase over 10 years (can't be axxed to calculate it properly). So a 4 grand bike, should now cost 5 grand, not 10left the forum March 20230
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If people will pay it, companies will charge it.1
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Inflation 2009-19 UK averaged 3.1% p.a.. £4k then = £5,406 now.
Source BoE inflation calculator.0 -
It probably costs £200 to produce a £5k bike, and £10 to make a rapha jersey costing £120
but ceo's need that new model merc so will charge inappropriately0 -
I understand your point, and on high-end branded products there is a decent markup, but it certainly isn't anything like the levels that you're suggesting.fiverears said:It probably costs £200 to produce a £5k bike, and £10 to make a rapha jersey costing £120
but ceo's need that new model merc so will charge inappropriately
The materials and techniques used on these items, and the attention to detail - at least on the good stuff - is what you pay for,0 -
100% this.kingstongraham said:If people will pay it, companies will charge it.
However there are always bargains to be had particularly if you buy a last years model. I'm looking now for a new best bike & probably won't even consider something from this years range as for what I want it will be far too expensive.
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Quite high, I was expecting less, but the figure is not far off....orraloon said:Inflation 2009-19 UK averaged 3.1% p.a.. £4k then = £5,406 now.
Source BoE inflation calculator.left the forum March 20230 -
It might cost 200 to make a bike, if you only include materials and manufacturing (might be quite a bit more for the high end bikes), but there is a lot of upfront investment in design, tooling, advertising, sponsorship, branding etc...singleton said:
I understand your point, and on high-end branded products there is a decent markup, but it certainly isn't anything like the levels that you're suggesting.fiverears said:It probably costs £200 to produce a £5k bike, and £10 to make a rapha jersey costing £120
but ceo's need that new model merc so will charge inappropriately
The materials and techniques used on these items, and the attention to detail - at least on the good stuff - is what you pay for,left the forum March 20230 -
No I just don't like seeing people being ripped off.lesfirth said:
A fan of Jeremy Corbyn I presume.fiverears said:It probably costs £200 to produce a £5k bike, and £10 to make a rapha jersey costing £120
but ceo's need that new model merc so will charge inappropriately
in fact i have been a victim myself spending on gear0 -
Some of this is supply and demand of course, some of it is the cost to produce.
I consider my nemo tig to be incredibly good value given what it is.Insert bike here:0 -
zest28 said:
I bought a top of range bike for alot of money a few years ago. It is basically exactly the same bike (frame + components) used by world tour teams.
Seeing as they get their bikes for free you’re probably paying for theirs as well as well as your ownI want to climb hills so badly;
and I climb hills so badly0 -
It will depend on costs. A firm like Moots or Pegoretti or Enigma make frames themselves. Whose making Canyon,Specialized,Pinarello etc? they all look the same and are moulded in factories in the Far East using the same construction. But if you can charge £10k for a bike and get it then you will. Mysteriously all priced similarly.0
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A lot of bike companies are definitely taking the piss with their prices nowadays. Specialized being the worst culprit in my opinion. S-Works Tarmac (which I've ridden and found to be completely average in every way) is nearly £10k ffs.0
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Each to their own. The s-works tarmac is brilliant and regarded as one if the very best bikes ever produced.pamplemoose said:A lot of bike companies are definitely taking the piss with their prices nowadays. Specialized being the worst culprit in my opinion. S-Works Tarmac (which I've ridden and found to be completely average in every way) is nearly £10k ffs.
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What is the cheapest Pro Tour bike out there ? Anyone know ?
We all know its the rider that counts though.0 -
Has anybody ever done any blind tests of road bikes? It must be easy enough to hide the frames, and the finishing kit shouldn't give it away.
The results might be interesting.0