What the hell has happened to bike pricing?
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- čas přidán 8. 10. 2023
- I've gone down the rat hole of how bikes have got way too expensive in NZ!
Giant Propel, Pinarello Dogma F, Specialized S-Works Tarmac SL8, Trek Madone, Cannondale Super Six, Canyon Aeroad CFR, Cervelo S5
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License code: JWDE66FGYF76CJYA - Sport
I’ve worked in the bike industry since 1986, which means I just about earn a living wage (I love when people say that bike shops are a rip-off, ‘cause I’m sure I’m getting paid less for my level of skill than they are). I do own a few bikes, I do get a good discount, but none of my bikes are even close to state of the art. My road bikes are Tarmac SL4’s (almost a give-away frame at this point) with Dura-Ace 9-speed (because people just about gave that stuff away when 10 and 11 speed came out. I’m a bike fitter, I spend my days fitting people on $8k+ bikes (which I can’t afford). To be honest, I don’t want them. Every bike has a proprietary stem and seatpost, and they have all kinds of little parts that won’t be available in a year or two. It’s not just that they’re expensive, it’s that you’ll need another bike in under 2 years…
My home shop has gone into production cleaning 9 and 10 speed equipment, cleaning and waxing new chains and stocking up on wearing parts like derailleur pulleys. I probably only have 10 years of good riding left in me, I hope.
I appreciate your insight from a retail perspective. Thanks
How old are you?
@@yortdelpuente9574 59.
You are doing God's work, sir. And your customers probably have no idea of the value they're getting. But "proprietary stem and seatpost, and they have all kinds of little parts that won’t be available in a year or two" THIS! Had this conversation with bike techs at my LBS. And " you’ll need another bike in under 2 years" when you're shaving grams to push weight limits.
Another like me ! I only use 9 speed Dura Ace 7700 or 7800 rear mechs as there cranks are rubbish hollowtech & ugly , 10 11 12 speed is not worth it , how many bloody gears do you need ? We all had 5 or 6 speed as kids so 18 gears are enough for us older guys , My bike is covered in shiny things I can polish at night when bored ! 7700 for ever I think hehehe
The problem with bike prices is that someone is paying the crazy high prices. It's in the manufacturers best interest to charge as much as the market will bear.
It is moving toward bike leases. They are pushing pro R&D on recreational riders, from crazy slack geos in mtb to must have carbon frames on road bikes.
@@petedog9581True. I never thought of that. A bike lease company have just moved in as a sponsor in the world tour today and it made me think of this.
Guilty.
Someone is paying. That’s why they can build high end bikes.
“It’s in the manufacturer’s best interest to charge as much as the market can bear” assumes only one company. Since there are many manufacturers, if there is an open market, that’s NOT how it works. They can’t sell if they price too high since there are other providers.
Yes your right , when I go to Solihull cycle club meet , old farts on £30,000 bikes and a chap with a £65,000 bike and they use them like we use a 20 year old Raleigh ! Just thrown against a wall as they talk ? Too many rich people have paid anything just to get a cool bike to pose on and the rest of us can't afford one ! Now 10k is nothing for a bike ....
No, it’s the manufacturers finding the highest price that the market will bear,and it just turns out that it’s quite a bit higher than the mfrs originally thought. It’s the same with most if not all luxury goods, especially in market segments that adults tend to be passionate about. I raced as an amateur cyclist (road, track and ‘cross) for about ten years. And at that time I was lucky enough to have an excess of disposable income. So I had like 8 high- end carbon fiber race bikes, five or six sets of carbon wheels, three or four powertap power meters, etc etc. I spent an obscene amount of money on my passion, which was bike racing. I even took my Cervelo P3 down to North Carolina to the A2 wind tunnel to optimize my riding position in a bid to win the NY State championships in the TT (in my age group). Every time I walked into one of NYC’s high-end bike shops, the sales manager would see money falling from the sky I think. Just as I was exiting competition (circa 2011) the “boom” in recreational “sport” cycling seemed to be really gathering steam. With all the wealthy lawyers, dentists and HF guys (like me) all wanting a TdF level bike (or 3) the manufacturers are simply doing what they should, I.e. charging what the market will bear.
Now to answer your question, none of the riders buying these carbon super bikes could tell the difference between a $2500 bike and a $25,000 bike. No way no how. It’s all about perception, and what they’ve seen their neighbors or colleagues riding. After I had about 50,000 miles in the saddle, I could tell the difference in vibration and “road feel” between a carbon bike frame and an aluminum bike frame, but that was about it. I had bikes with Dura Ace, Ultegra and 105. Could I tell the difference? In most respects, not at all. Maybe SLIGHTLY between D/A and 105 in terms of shifter smoothness, but that’s it. Again, it’s not about actual performance, it’s all perception and prestige and desire. The two things that mattered most in terms of performance, in the end, were:
1. time and miles on the bike
2. focused training combined with nutrition and REST.
They don’t sell those things at the bike shop at any price.
Seems to be the same with high end gear in firearms, fishing gear people just like to have the best for the prestige.
Here in Seattle - retailers are asking sky-high prices for some basic gravel bikes and mountain bikes. Seriously - prices as high as a used car in some cases. Shaking my head. Thanks for the video.
So what do we do:
buy it or go without bike?
@@MR-backup You can also start with a used bike and then upgrade based on your budget / savings whenever you find some parts with good prices. Bikes are not as complicated as cars or motorcycles, so it's easier to verify the condition they are in, and it's often not super hard to revive a bike that was maybe slightly under-maintained.
@@nl_kripp There are a TON of hardly ridden used bikes out there for a big discount and no sales tax. I bought a top of the line suspension bike and put a whole drivetrain on it. Not only that, but it has nice colors. All the high-end bike are black/grey/green/dark these days. Just like the car dealerships.
pssst. hey, buddy,wanna trade a Cray XMP for a Canyon Grail?
@@MR-backupno. Go buy an old used bike for $200 and ride it. I promise everything will be OK. Maybe you'll even have fun.
You cracked me up when you said "I'm sure these bikes are not made in Italy... probably someplace closer to NZ... a little Italian province in Asia..." I own several bikes and have reached the point like I did with vinyl records: Stop looking for the newest bells and whistles, get a quality older model, enjoy your rides and wait for the world to come back to you and its senses. You said it yourself that the biggest thing that will improve your performance is YOU!.
Don't hold your ass waiting for the world to come back to its senses. You will get a cramp in your hand.
Steel is real.
You apparently aren't aware of the "price point" theory of marketing? Years ago I worked in a craft shop selling high end hand crafted items. One day it occurred to us that a fair number people coming into the shop were unable to afford our items and were leaving without making a purchase. So we investigated carrying a line of manufacutred jewelry that would be affordable for the average person. We wound up selecting a line of earrings which were displayed on a revolving rack. The first tier sold for $8.95 a pair, the second tier sold for $12.95 a pair, and the third tier sold for $18.95 a pair. Now comes the shocking part. The wholesale cost of the first tier worked out to about $1.35 a pair, the second tier had a wholesale price of $1.50 a pair, and…drum roll please…the third tier cost us $1.85 a pair. And yet I watched boyfriend after boyfriend, husband after husband, select the most expensive earrings thinking that they were higher quality and therefore a more suitable gift. Bicycles are obviously a much more complicated product and there are very real differences in the quality of the frames and other components. But all said and done the real measurable difference in performance between the medium and very highest priced bikes needs to be measured with a micrometer.
@@boatman222345 I think it's called "perceived value pricing": two identical bottles of wine, but some may "perceive" the higher priced one as having more value because of it's higher price.
It's a world wide FLEECE! If one would take the logos off a number of these manufacturer's bikes, one would hardly tell which is which.
That’s so true!
Apart from dogma and new Madone. This is why they charge crazy money as shapes are unique. To me sl7 sl8 giant riddle and couple of other brands all looks same
There all from China with there stickers on them , all cheep carbon and built by a girl with a mould with a fag in there mouth on $5 an hour , that's why they crack and break up , cheep crap build by ping pong in ting tong .....
Definitely not. They look pretty similar but it’s the way different bikes feel. Prices aren’t worth it for normal people but I’ve had the privilege to be able to test ride countless new high end bikes and they all feel different when it comes to geometry, comfort, stiffness
The best way to bring high prices down is to not pay it. The best bikes are no longer made anyways and tons are available on the used market which is crashing in my area.
That’s true
Agreed, Facebook marketplace full of barely used bargains!!
We accept and offer trade in deals in our shop, which gives some amazing deals to customers. It's helped keep a steady flow of people see our relevance too as an LBS. If the bikes are $100 value or less we make them safe and give them quick service to donate to hospice.
Right you are. Been doing that with groceries for a year now. Lost 20 lbs but saved a lot.
Makes me happy that I’m a cheapskate and just went and found an older used road bike. It’s not fancy, and I spent hours working on it and upgrading it, but now I have a bike I know how to repair and maintain for about $500 USD. Maybe if I was racing, I’d want something nicer, but I’m a beginner and I ride for fun and exercise, so as long as it’s comfortable to ride, it kind of doesn’t matter if my shifters are carbon.
I agree. I am a serious recreational rider (if there is such a thing), but buy used "name" carbon fiber road bikes. I very good mechanic reviews the frame prior to buying. I have bought a Cannondale Synapse ($550), Cannondale Supersix (with Di2 $1,200), and even a 1995 Trek 5000 ($150). I have done some modifications but each rides great and provides a different experience.
I worked in the bike industry for about 2 or so years and in that time I got into mountain biking, kayaking, snowboarding and ski-biking. All great things but all of them have one thing in common. they're all expensive as fuck but mountain biking is truly on another level of "what the fuck why is this 4 times more expensive than the other sports"... I definitely got caught in that trap of "ohmygod i need to have the nicest bike ever" and bought some things i definitely did not need such as wireless shifting(it's quite nice tho, not gonna lie)
There's lots of companies that sell good, cheap bikes. Motobecane, State Bike Co, Marin, Fuji, All City Bikes, Soma.... just to name a few. I got my bike from State for $625 after shipping then spent ~$1500 in upgrades. I bought everything brand new, nothing used, and so far it's been a great bike
I’m thankful then that I too have learned to just make deal with the situation.
If I can’t ride the nice bike that I want, I’d rather not ride at all. No way am I going to waste time riding a cheap bike that rides like shit.
I don’t ride a bicycle to cycle; I cycle, so that I can ride the bicycle.
Yeah, I would rather pick second hand decent carbon frame and upgrade it to electric shifting than spent such amount of money to a new bike.
Im glad you made this video. many of us have been asking this question for a while. How can a bicycle with so few components cost as much as a motorcycle ? it makes zero sense. Recreational road bikes now are heavier than they were in the early 2000's. Im talking about aluminum framed bikes specifically. no more carbon fiber seat post. some are even pushing aluminum forks. Now they give you disc brakes, as if 95 percent of the riders even need them. its an upsell and a marketing gimmick. disc brakes are a pain the butt once they get dirty, or if they need adjustment. how many people are able to bleed hydraulic disc brakes. its dumb. the old caliper brakes work great if you have good pads. the new bicycles are marked up at least 3 times, once by the manufacturer, who is not the bike company whos name is on the bike. If you dont know ,there are factories in asia that make all the bikes, for various manufacturers under one roof. Most bike makers like Specialized, Trek, and other main stay names dont even make bikes. they are subcontracted out for manufacture. after the manufacturer takes their cut, the bike maker takes a cut. then the bike shop takes a cut. add in warehousing and transportation costs and it just keeps adding up. I enjoy road biking and own over 10 road bikes. only a handful of them were bought new, when prices were realistic and you could get 105 components on a bike for 1200 bucks. Now I dont even go to bike shops anymore. The prices are a farce. I buy used and upgrade. for the vast majority of people, you dont need what they are selling now. Anyways, good story and the bottom line to me is the bike companies are keeping people OUT OF THE SPORT with their ridiculous prices. It cant last. its too much money. and money is getting tighter now than in a very long time.
I’ve convinced myself that it’s all about the engine.
To clarify what you're saying:
Giant Bicycles is GTM, Giant Taiwan Manufacturing they make Trek bikes and about 70% of all bikes made..Specialized is partially owned/operated with Merida which Manufacturers for them and others. Little different than Trek, trek used to make stuff...they're just a distributor now. 😒😕
Your like me , second hand Dura Ace on my Columbus mega tube Altec 2 BATAVUS frame , whole thing cost £500 and it looks a million Dollars ! Was in my local bike shop last week and they said a single brake cable is £4 each or $5 bucks each ? I went on Ebay and found 10 cables for £7 ??????? Shops are doomed due to the internet ....
@@curtisducatibuy direct from a warehouse. Ribble, bikesdirect.
As owner of an NZ LBS, the consumer choice allows customers who are DIY savvy to buy online as they likely know what they need and want. There's no support or backup with that option. Buying through an LBS needs to be seen as buying a support contract with that product. There is a vast majority of the public that don't know what they need or want, and need help and support. That help and support comes in the form of a bricks and mortar LBS. Nobody is going to buy a bike work many thousands online if they have no idea what they're looking at, sizing, specifications, suitability etc etc.
We offer a flat 25% discount on everything to club members in order to compete with online and big chain stores. My theory is that some % of something is something, and need to reward people that usually buy online for coming into our store instead.
If we don't try, people keep buying online, avoiding the stores then we see 0%.
Unfortunately we also see customers screw up purchases online when they need help and bring into the store, and the customer tries to pass the issue onto us. Some are quite agro when we can't help. Of course we can't and shouldn't help, but with the CGA in NZ, you can bring something back to the retailer and have product support. It's like they have insurance and support bundle with the product. Good luck with online backup. Just purchase knowing you'll have a few wasted dollars on poor porches from time to time and you'll need to suck the consequences.
FYI, we have over 30 brands as an independent LBS, almost all of them have at least 20 to 30% off currently. First year we've seen left over clearance stock going cheap. Great time to buy as demand has fallen, and supply is still flowing through from suppliers ordering too much food for the party! Support your local LBS, wherever you are. Or buy online and don't expect any support in the future. Consumer choice. Don't buy online and expect LBS support. That's called selfish bull$%&*.
There’s a lot of “greedflation” here in the UK. The high inflation rate is being used as a mask to conceal additional price increases. We should have got to the point where all of the new tech (carbon, electronic groups, etc) is tricking down to lower price points but it seems to be moving in the opposite direction. My next bike will be a Canyon.
Same here
Canyons prices increased at a similar level. Lux 7 for example is 30% higher than two years ago.
Their mindset is like “make hay while the sun is shining.”
Inflation in itself is a scam.
I'm a Brit living in Germany and work at a local bike shop. We had ridiculous price increases during the pandemic. One example is that 2021 we had two price increases from Specialized. End of 2022 a substantial price drop in the RRP and it's now a buyers market.
Between 2020 and end of 2022 we didn't have a single special offer sales period.
This year we've had three already and still another pre Christmas sale planned
Exactly that. Local bike shops struggle hard here this year. The other day a big online retailer went bankrupt, manufacturers lay off people. The bike shop around the corner sells 2022 models with 35% price cuts while the 2023 models just can’t get sold. Lease returns are in the same price range new bikes with big rebates are. All the while people who lost interest in biking but bought their rides for a premium a couple of years back try to monetize them on eBay.
I think the industry is going to get consolidated like it hasn’t seen for quite a while.
Please quote us the pre-, during, and post-Covid pricing of containers from Asia.
Without just this ONE data point, complaints about "high bike prices" are not only irrelevant, but misguided.
Remember, many bike makers couldn't even source cardboard for the the bikes they DID have. Then add to that all the disruption caused throughout the marketplace, it's amazing there were any bikes available at all.
Shipping costs alone accounted for much of the "ridiculous price increases." There's no conspiracy or big rip-off afoot. It's just the nature of a global pandemic.
@@dudeonbike800 While that may be the case, i still can't fathom how a roadbike or high-end MTB can cost as much a motorbike. For example, the Ducati SuperSport 950 with 110 HP starts at a price of 15.000 €. I have seen how Ducati produces bikes, there is still a lot of manual labour being done there and manufacturing happens in europe for a large degree. A Specialized S-Works Aethos LTD costs 15.500 €, a Pinarello Dogma F is around the 14.000 € mark. How can such prices be justified?
Maybe in the high end market I dont know. But in 1000 - 3000 euro range its still realy expensive and the used market has not mutch to offer here in germany.
@@aw244can you help me find a ritchey outback xs on the german market? How would i go about it?
I purchased a Cervelo R5 (Ultegra Di2) back in 2019. The MRSP was $8,500 (Canadian dollars) but I picked it up during a late October sale for $6,000. The list price on the 2023 version of the R5 with the same group set is $11,999. Great bike but the pricing has gone absolutely mad.
Bonkers init 😮
Like it wasn't in the first place?!!!!!
Great video. Its crazy here in Canada. I don’t think I will be able to afford a high end road bike again. Theres no way a Pinarello bike should cost 27k that’s stupid. You’ll get better performance out of pink inner tubes and aero socks than paying more for the high end version.
Thanks. There’s no way I’ll be paying $27k for a bike
@@ChrisDunnnz There´s no wat I would pay 7k for a bike! 😂
@@tomas7403I haven't spent more than £1000 building a bike to my own spec, and there is no need.
It's an insult to ones intelligence. If I would be asked, I would tell aspiring bike racers to run instead. It worked for Mike Woods...
I live in Alberta, where there's no PST. I just picked up a spare 8 speed chain and cassette the other day, and it cost me $50! I'm astounded how bike tires have gotten as expensive as car tires. Getting a set of studded tires for a fat bike shouldn't have to cost $700!
I showed up at a local century ride this summer on my 1992 Schwinn Paramount that I’ve always taken great care of. Even the paint on it looks fairly new. I’ve updated it over the years as needed and it has some nice DT Swiss wheels and Dura Ace 7800 and a lot of riders came over to take a look at it and complimented it. I could see the guys on their $10,000+ CF bikes giving me the stink eye because no one was coming over to check out their bikes because they all look the same. I only paid a little over $2,000 for that bike in 1992. That and I don’t have a problem keeping up with the guys on the super bikes.
There's a big crash coming in the cycling industry. Shops in the UK are going under. Some of the biggest online suppliers (wiggle/chain reaction) are facing liquidation
Wiggle/Chain reaction used to have available stock at good prices. Neither is the current situation but have just bought a Raceface PF92 BB from them as that price was competitive, but it is a long time since I bought from either of them. I pretty much used German companies instead but now even that has been sunk. S/H from now on.
It’s 1995 all over again
Relying on volume and low margins, no value add like support or friendly advice.. long live the LBS. The online retailers aren't helping cyclists at all in reality. It's not that much more affordable or economic, and full of risk and almost impossible to return for credit if wrong.
@@johnlesoudeur3653RIP to the old CR. Prices used to be amazing, and even moreso when the sales started. And I'm in the US. I bought five bikes over a few short years from them. Once the pandemic cycling explosion hit and prices and stock levels went out of whack, prices skyrocketed and never corrected. Not sure how to gauge how much it's demand, inflation or corporate greed/opportunism. But whatever the case, instead of having fun with keeping up with trends or semi frivolously buying a new bike, I know my current bikes are good enough (and some things really could be updated) but I've simply trained myself to not cycle through the annual inventory and non sales. Plus manufacturers spec'ing garbage groupsets at MORE than what used to be 105 prices is a huge turn off.
@@chrisandshellznothing friendly about any lbs I’ve been local to. Aloof and judgemental at best. I buy online and teach myself as I go.
I think that there’s a big correction coming, we’re seeing Bike prices starting to tumble. (Uk)
I hope you're right. Either that or I'll buy my next bike from the UK
US mfg are trying to hold the prices up. But the used market is tanking. New bikes will follow.
Totally agree. It's because of the post covid glut of over stocked bikes. It's had a knock on to secondhand bikes too. Can't give them away. So that's where the bargains lay
Are we? Can’t say I’ve noticed.
The rate of climb may have diminished, but tumble…nope!
Bike shops are struggling in the UK due to the overstocking during Covid, and now inflation is taking spare income away. There is some heavy discounting going on, but the prices got so crazy high, its brought them back down to what I would consider a justifiable RRP. Also the flood of SRAM and lack of Shimano equipped bikes is not helping move bikes.
SRAM is a four letter word, lmao
@@PePethePedalPusher SRAM always makes me giggle. Try translating this name from Polish to English and you will know why.
And arguably measures during covid like governments paying people to sit at home are coming home to roost
It means "shit" in polish. LOL!!@@pingwingugu5
@@cdavis6345 to be precise it is a verb in 1st person form and current time. So more akin to "I'm shitting".
Another fun one is OSRAM which translates to "I will shit on " which is especially amusing as they make light bulbs.
Electronic group sets have increased the prices several thousands. I will be keeping my mechanical bikes for a while. (2010/2011 Scott 29er Rigid Carbon Fork, 2017 Giant Defy & Purchased a used 2010 - 2014 used Tarmac from a local bike swap) Replaced many parts on the Tarmac. Purchase a used frame or complete bike, it's cheaper to replace all the parts instead of purchasing new.
Electronic groupsets are nothing new though. And as per the video, you can still get a new Propel with an electronic groupset for under $10k. All the pricing is loaded into the frame and the brand when all the tech is elsewhere
@@ChrisDunnnz Most of the "price engineering" in expensive high-end bikes goes into that logo on the frame! Put an S-Works logo on any frame and suddenly the price doubles (but not the performance). 😆
Electronic groupo's are a complete waste of money, and when the battery dies you're stuck with a single-speed bike, lol 🤣I've seen this happen so often. People are really stupid, they are paying huge sums just to save themselves the effort of pushing or pressing a lever.
Back into high end MTBing after twenty years off. Here's what I noticed.... YES! prices are nuts in the USA. I see mid level equipped MTB starting at $5-8 in shops. BUT what I also see is if you are diligent looking online during holiday sales you can find components for nearly 40-50% off for short periods like a week or two.
In 2020 the Blade 795rs frame was just over 3k euros Same for the Time Scylon. Now the new Blade frame costs 5k and the Time which is on sale atm is 4k. The SL6 was 3k and the SL8 I believe is now also over $5k. The costs of the new groupsets are also way more expensive than the ones they've replaced. Really hard time atm to be a serious road biker:/
Sure is
Same in the UK,Price of bikes is crazy,and putting them out of reach for all but the wealthy,wich to me is the antipithis of what cycling used to be,now elitest and snobby,even the main clothing brands are a crazy price and too expensivefor your average cyclist.Just remember what Eddie.Mercx said,ITS NOT ABOUT THE BIKE!
Makes it a hard sport to get into when the cost of entry keeps going upwards
Damn not surprised to hear about insane bike prices. Am currently trying to buy a used car and it’s jaw dropping how much they are asking for. It’s a global issue which has made me question my future and my expectations to acquire certain things in life lol 🙄
The used car market went crazy during Covid as new cars wait times went crazy due to supply chain issues. That’s largely not an issue with bikes, so it is completely separate. Bikes availability/ was bad only for a short while but it got back and now shops are full of bikes. Prices should come down soon.
wow that's pretty crazy. Yeah hopefully the come down soon@@borisgurevich5504
Used cars are not expensive, Facebook market filled with all kinds of deals.
@@RichsMowersNBlowers100%. Especially if you’re looking for a Lexus/Toyota or Acura/Honda. Easy to find one owner, well taken care of models. Had a 2021 Golf R that was almost $48k and after 7 months I said f this and sold it back to the dealership and found an ‘05 Lexus LS430 on marketplace for $11k and it’s the best car ever…with no payments.
@@axe2grind244 you're worried about too many factors. And to pay 48k and have a car payment is insane on your part. If you can't pay cash you can't afford it. Car gets ya from point A to point B... I buy rebuilt title cars save a lot of money. 30k+ car got it for 9500. Was a stolen recovery, 8k miles on it.
Yes, prices in the US are way high. A gravel bike with electronic shifting is between 4 to 6k us $. I bought a canyon with sram etap for 2.6K. There seems to be a lot of overhead in the traditional retail model.
Thanks for your video. I am a sports enthusiast and haven’t owned a bike for seo years now, mainly because of the pricing. I guess the quests, has technology improved that much over time? You are right, the only thing that can make the bike go faster is you. Keep peddling sir! Thanks for the video.
The economics of this is fairly simple. There are really expensive bikes because people are willing to pay a lot of money for flashy bikes. It's like asking why are there £600 designer sunglasses? Because some people are willing to pay £600 for sunglasses.
That’s true. Supply and demand
There is no reason whatsoever that a bike should costr as much as a car...... NEVER.
@@AdamTravelsTheWorld or more than a motorcycle!
@@AdamTravelsTheWorldLike the op said, there are people willingly buy expensive bikes so of course bike companies put those expensive price tags on their bikes
@@AdamTravelsTheWorld I can’t think of a new car that costs as little as a new bike
I checked the Propel Advanced Pro price here in Japan. It’s ¥770,000 or $8,700 NZD. So seeing bikes are imported to NZ and Japan they are comparable in price.
I think it’s that each part of a bike has markup driving price up. Shimano are putting prices up, the frame makers are doing the same and the problem is they are getting rid of the old components so getting a cheap bike is getting harder
It is 6.9 million won (or 8,759 NZD) in Korea. The prices are like crazy.
Very glad I bought my MTB about two and a half years ago. I couldn't afford the same bike now.
I think a lot of inventory is gonna be left over this year and in 2024 we'll see bike shops selling 'last year's model' at clearance prices. Otherwise, they'll not be sold. Like much of the fish. Prices are out of reach, so folk won't buy.
I think it's the same situation everywhere! Here in Italy the price are dropped a little from the covid time, but they're still very very expensive
Thanks
So glad Im a bmx rider, you guys spend on bikes what I spend on cars and trucks.
I’m in the UK and bike prices have been going up huge amounts every year.
I started buying decent MTB and Road bikes in 2007. where top end Specialized bikes were about £2.5k (5.1k NZ), now they cost £13k+ (27k NZ).
Road bike pricing is crazy high compared to MTB’s. With an MTB you get advanced front & rear suspension shock & fork with a carbon frame, for the same price as just a road bike frame 🤔😱
They demand high prices for their road bikes because these bikes are trendy for dentists, investment bankers and consultants conveying the perception of a high powered, high-intensity and healthy life. Prices reach the level until demand goes flat and markets are saturated.
You guys are lucky because I have observed some good specials plus a massive choice unlike us here in South Africa.
it's gone mad - £12k for an SL8 Dura Ace in the UK! Put it in perspective i paid 19k for my Mercedes c350e 2019 plate on 14k miles, fully loaded.
I went second hand for my road bike now - second hand Elves Falath Pro disc aero frame with seat post, C-bear Ceramic BB and one piece integrated handlebars (£400), Vel 50+ wheels (£350), SRAM force d1 groupset (some new some 2nd hand) £900 all in and tape, bottle ages, saddle etc around £150. Just shy of £2k for a very fast bike, light enough for my needs, able to get PB's and Strava segments. Yes it's not a top of the range big name but the money these companies want are just too much and the margin gains just don't warrant the price. Perhaps if it was my job i'd go top of the range but then again i'd probably be sponsored so wouldn't sting as much. It's not that I can't afford these bikes it just I don't think the price reflects the value anymore.
I could treat myself to a 6 cylinder Porsche Boxster 3.4l for 11k! and still have 1k left instead of buying the SL8! Madness.
Cars cheaper than bikes is madness. Same story here
Cars are so cheap where u live... Envious. A Camry hybrid 2023 cost about $250k sgd...
Over in Canada, I bought a Cervelo S5 last year/2022 model with Ultegra DI2 for 11k (Dura Ace was 16k); I think this year they are 12k and 17k, respectively. Amazingly, it did not come with a power metre so had to add that, plus wheels were surprising heavy so upgraded those too. All said, while very expensive, what an amazing bike, could not be happier with performance, and looks stunning.
I agree it is insane what they are getting for bikes and group sets these days. The only way to change it is for people to stop buying at these prices. If we all continue to spend money on them they will continue to increase. If everyone stopped buying and skipped an entire model year or two they would be forced to lower prices until people start buying again. We as the public need to teach the bike market that they have reached our threshold of what we will spend on a bike.
That would be a perfect world in which we don't live in .
I completely agree, prices are ridiculous. Only 10-20 years ago it was normal to buy a bike for less than US $100. Now it seems that almost all bikes in the market are $1000-5000.
That is much, much higher than inflation, certainly much higher than the increase in the cost of materials and labor. The technology might be a bit better but it doesn't justify the huge price increase.
I would understand those prices for competion bikes, but I fail to understand why you can't even find inexpensive bikes made for regular people these day.
The bikes he's talking about were not $100, even 20 years ago. He's talking about quality bike store bikes, not Wal-Mart bikes. Bike stores didn't sell $100 adult bikes even 30 years ago.
After crashing my 2008 Madone in late 2018 I purchased a Trek Emonda SL7 for $5900 (Thankfully I got 20% off that price as part of Trek's crash warranty) The retail price of the same model now is 8900 which is nuts.
Same here in the USA, I just came back to cycling after an absence since 2008. I have been running. I had no idea. I was floored by the prices. I've dusted my "old" KHS (ultegra set, about $2000 new then) and Cannondale CAAD7 (ultegra/dura-ace, about $2-3000 then built on a new frame/fork ) bikes. Since I am looking only to cross train for my running and doing some centuries and Grand Fondo events just for kicks, I am going to maintain what I have. I did buy a new aluminum Poseidon gravel bike for a little over $1000 U.S., and, again, with the sole purpose of finishing the events (so far so good). I am looking at the second hand market, and maybe ... big maybe, if the bike/price is right, I'll contemplate buying one of this new technology rides.
There's always good deals on the second hand market
A $5k bike in 2023 is better than every super bike over $12k in 2008. You don't have to buy the highest end bike. The trickledown has been incredible
@@veganpotterthevegan I agree. The difference between a 5k bike and a 12k bike is really, really small. At least if you don't plan to win the tour de France. Buy a 5K bike from Canyon, Focus or similar ("value for money" brands) and you are technically very very near to high-end level.
If you are looking for the marginal gains....look at your own weight, your seating position and your clothing. That would bring you a lot more forward than spending 7k more.
Was looking at new new mountain bikes for like USD $4k. Decided my 2014 Specialized was just fine (listed for $4200) and the new bike would not be much better for all the money. Keep your old bikes maintained and they're just fine. I'm not Lance Armstrong.
THe bike industry has been ripping us off for years, dont pay these stupid prices, let them go bust!!!
Don't worry, I can't afford to pay these stupid prices!
I was just checking prices in the UK. Back in 2008 I bought a bike I still use today for £600 or £700. The manufacturer has moved 100% to electric so there’s nothing to directly compare. But looking at a website just now I can see lots of similar spec bikes on sale that are discounted 30% down to very similar prices so actually it feels like prices at that spec level have gone down relative to inflation. I can imagine that higher end prices have gone up. I think that global events did push prices up and manufacturers found that some people will pay those prices at the higher end.
Bicyce prices have gone up a lot the past couple of years here in South Africa. A colleague of mine recently bought a newish model secondhand Mercedes. He told his uncle about it who told him that his bicycle costs roughly twice as much as the Mercedes. Yes, the bicycle costs twice as much as the car.
We're all getting fleeced, it's the same here in Canada and it's everything from basic essentials like groceries on up. I think there is a competition among the big bike OEMs to see who can produce the most expensive model in their flagship bike. It's obviously been proven that there are people out there willing and able to pay this kind of money, so the bike companies are going to let them have it. Giant is still relatively decent value in the Advanced Pro bikes, the key word being relative. I think groupset pricing for the new top end electronic stuff is also killing us.
You only get fleeced if you allow it.
I live in France, and I just built a 1979 Gios Torino bike with full period Campagnolo record for €2500. There are lighter bikes, but there is no better bike. Unless you're a professional rider, why would you touch carbon bikes? They break easily. Call me old fashioned, but I don't understand. Especially a bike that costs €20000 and can break or shatter with a bad fall.
That’s one way to avoid the price rises
where did you buy it?
Nice - but you clearly never rode a carbon bike. And I am old enough to remember that bikes back then could also be useless after a bad fall. Especially parts like brakes, pedals and derailleurs where prone to bending, cables would snap etc. And don't get me started on punctures - felt like it was a risk every single long ride unless you had new tires on. Comfort on a great modern saddle on a carbon bike and wide tubeless tires - like night and day including hand vibrations etc. Old times were not better - just older.
I just rebuilt a 2003 CAAD4. Specked it with ultegra 6800 I found in Facebook market. Total project cost 700 euro. Damn she is fast.
last year i bought a Wilier mortirolo scandium ( easton scandium sc7000 ) frameset for 215 euros, athena 2x11, record ultra torque crankset, chorus brakes and a pair of carbon wheels from aliexpress, 7.25 kilos with pedals, 1200 euros budget, very good bike
Same in Scandinavia. Entry "pro" bike used to be approx 1800 USD five years ago. Now its almost doubled to approx 3500
Good discussion. An interesting video would be to attempt to find that point of diminishing returns (where the rider is the only factor slowing you down), and you may be on to something here, @ 4K EUR might be pretty close. Chart it next to "type of rider" (pro racer, rec racer, rec sportive rider, weekend rider, etc).
People have generally had a lot of more money to spend recently, but in AUS/NZ (and other countries too) the cost of living has significantly changed and interest rates have increased too. These prices that the bicycle companies have been able to demand are likely not sustainable. I expect things to change...
Hopefully 🤞🏼
"People have gernally had a lot more money to spend recently"
I feel like more people are in debt if anything...
We should have kept our manufacturing and food production here in Australia. Our cost of living is ridiculously high too
Thats hilarious,
lol. @@stevocanuck
its already happening, discounting everywhere in Oz.
Value is still out there if you are patient and do your homework. I recently purchased a Merida Scultura 6000 105 Di2 for A$2,718. Probably need to upgrade the wheels but still very good value for a brand new bike.
That’s a good deal and a great place to start for a few mods down the track, like wheels
I got my 2023 Scultura 6000 Di2 105 for $4,198 NZ just two weeks ago (ordered from supplier). Not nearly as cheap as what Australia is pricing with their sales around Merida.
Nonetheless, I still think the Merida is priced well at least in NZ compared to other bike manufacturers.
What's funny is Merida owns like 48% of Specialized so doubt they make less quality frames. Just less money spent in their marketing department.
"Need" to upgrade. Sure bud, sure
@@joshuaho2379 Merida make Specialized's frames, as well as many other bike brands. In fact Merida and Giant are the two largest manufacturers (account for approx. 80%) of carbon bike frames made in the world, and between them they are OEM suppliers of frames to many brands.
From what I see the high end stuff in the 10-15K US space hasn't overall changed in price much in real terms; pretty much tracking inflation or even a hair under. It's the 2-3K stuff that has seriously gone up and above all due to drivetrain.
Thank you for the video. It was shocking to me, as I encounter people struggling with the finance of a $100 for a bike. I then began wondering about perceived value coupled with cost of production. I was immediately exhausted. Have you a similar experience ? I’m reaching out for perspective. Anyway, best wishes.
Prices crazy in the US. I just bought a new bike, "high end" aluminum. It's fast, I don't seem to be at any disadvantage speed wise and it's comfortable too.
Nice
I cannot justify spending that much on the new breed of road bikes. Im still riding my 2010 TCR advanced SL and 5 years ago updated the groupset but only with the latest 105 at the time. Works better than the original ultegra from 2010. Got many years left on it!
Pricing of everything has gone stupid, let's just be honest about that. Have you looked at groceries, heat, insurance, ...wait the price of housing... have you seen that?? These prices are truly all over the world, and some are making a ton of money right now, and others are struggling to feed themselves and their children, or keep their homes heated... yup, it's crazy alright. So the best thing that we can all do is buy our items from a small locally owned business. Remember those are the people that pay local taxes, donate to your children's school programs, and help in community events...the other group that is making all the money... they simply smile and open another account in a bank somewhere that most have never heard of.
Bang on!
Same here in Romania, Eastern Europe. But I just have 4 cheap bikes from Decathlon for different use: a MTB, a gravel bike, a city bike and a foldable bike for train travels (I don't pay ticket for a foldable bike). All my 4 bikes are under 500 dollars. :) And I don't replace the components at all because new components for a full replace cost exactly as a second hand bike with decent used components. To service my MTB fork costs 100 dollars exactly as a cheap new fork. So it's not worth it to service cheap components, just change the bike with a second hand one. I like changing bikes at 2-3 years interval anyway. :)
These new expensive bikes aren't as fast as the best bikes from 5+ years ago, yet those ones are going for pennies in the used market. I just got a 6.5kg used Trek from 2015 for £800
That's good buying
Would love to see the ACTUAL cost of manufacturing one of these frames.
A small fraction of the retail price
@@ChrisDunnnz by saying "small" youre being very generous
Got quoted $15,000 on a Pinarello Dogma F12 here in the US. Ended up scoring a sweet sale on a new Canyon Ultimate CFR w/ Dura-Ace Di2, integrated cockpit, dual crank power meter, and DT swiss Mon Chaserell wheels for $6,700. I'll take that over the Pinarello all day long.
I have a cervelo s5 2017 DA di2 rim brake one just upgraded the wheelset to zipp 404s new ones and am able to keep up with the sl8s and CFRs of recent years, i feel at times it may be faster than some of the bikes of recent years and at 7.2 kg its light enough for use on mountains but primarily i live in a flat terrain and the ease of traveling with it and parts availability makes it a pure joy to use... Dont think id be thinking about upgrading anytime soon as i dont race anymore so not looking for that edge.
All those bikes are priced similarly in the U.K. after factoring in exchange rates. It’s scary! I went with a Canyon, for the exact reason you spoke about, as they are more competitively priced. Endurace CF SL 8 Ultegra Di2 2022. Delivered for £4000 ($8000 NZD). What more do you really need?
That’s a well specced bike
An adjustable cockpit would be nice. Apparently service is an absolute nightmare. That and lack of support in the US are why I’m not riding an Aeroad.
you try Stevens bikes... very affordable and decent bikes.
The prices have gotten so insane that I have resorted to going for a chinese bike frame. I got a trifox x18 thats is basically a tarmac sl7 mold and its been fantastic. Hambini also did a trifox review and have said the carbon work was exceptional as well..
It's crazy to consider that the big brands are getting their frames from factories which probably aren't far away from where the Trifox came from
I wouldn't trust Hambini!
I've heard that he bangs his hairdresser.
@@robotbrokenyou’re right, he’s also five years old 😞
@@jaeminchoi6756 Is he always five or is it just when he's on his sketch pad?
He is very funny, but also a wealth of knowledge!
@@robotbrokenhe is always five
New to road cycling dude here….used hard tail mountain bikes for commuting for years….always wanted to get a road bike but new prices are crazy…prices are ok at entry level but middle ground new bikes not so much…managed to pick up a second hand Specialized Diverge gravel for 1K in good nick including freight from Blenheim to Auckland…absolutely stoked…acknowledge that serious bike enthusiasts need very deep pockets
I bought a pretty high spec e-mountain bike in 2021 when it was hard to find any bikes because of supply chain shortages (typically 4-8 months wait from the time you ordered). I paid $6,600 for it. The same model today goes for $5,100, so it’s gone down by $1,500 or over ~20% less from 2.5 years ago, here in the U.S. I would’ve loved to pay that for mine, but I’m still happy with what I got given when I got it. I hope the same thing happens to prices all over the world, though. It’d be awesome if everyone could get a bike for less.
Chris, prices are insane compared to the average wage here in the U.S., too. When you're talking anywhere from $13,500 USD to $15,500 USD for a new Specialized or Trek, you could buy a real good used car (or have a good down payment on a new car) for that. And, then, you should insure it for theft, because there's always some piece of garbage that would love to steal it. I just did a bike build on a new 2017 Specialized Roubaix frame. The total is about $5,325 USD. I'm retired on $14,000/yr. USD. My kid brother in Virginia thinks I'm insane. It's pretty much the main thing I own. However, this is the last road bike I intend to buy. Want to save for a mtb in the future and go bikepacking. Here's hoping things improve price-wise in the future, because the new bike market is making cycling a sport affordable only for the rich.
I bought a 105 full carbon ribble disc brake for $1600. Why would you spend 10 k lol.
@Nostalgiaforinfi I didn't spend 10K; I spent just over 5K (learn to read detail better) and got a better name brand bike in my favorite color, orange-yellow. I've seen the brand you talk about, and I'm not impressed. Plus, the cheaper you go, the lower the quality of carbon fiber. Since this is the last road bike I plan on buying, I want something that will last me years. Next, on to a deep yellow MTB, maybe a good used Trek Fuel. That will serve as my bikepacking bike as well.
@@elizabethpoley6882 If you want to do bikepacking, then go with rigid MTB and mechanical disc brakes, a type of bikes like Kona Sutra, Salsa Fargo.
I'm from Europe and off-road bikepacking is not popular at all as it is in USA and 99,9% of people who are doing bikepacking are using touring bikes and ride on paved roads and manufacturers are not even making those kinds of bikes, it's extremely hard to find rigid MTB with good equipment and you can't even find 2nd hand bikes of that type, so I envy Americans in that department that they have a massive choice of MTB's which are made specifically for bikepacking.
But, that's because in Europe there's no vast wilderness like you have it in USA, there's no Nevada, Arizona, Colorado, Ohio, New Mexico, so there's no real need for those kind of bikes.
I found some resellers in Europe reselling bikes like Kona Sutra, but to me Kona Sutra would be overkill, it doesn't make sense to buy it because I was bikepacking with the cheapest possible MTB which I paid 230 euros (rigid with mechanical disc brakes) and I went with it for 5800km and 50% was off-road (because you can't even make a long off-road route that would make sense) with zero problems.
So, in my case it's better to go with the cheapest bike and even if I need to buy a new one every year than to buy a 2000 euros bike.
But, if I lived in USA and had that massive, vast wilderness for off-road bikepacking, then it would be a completely different thing and I would need
the best possible bike.
I own a 2015 Honda CR-V and a couple of folding ebikes in its boot. Cost for all three - $13,200.
off the charts here in US, upto 14k USD, too many priced between 9k and 12k
Wow. Just as insane!
I am glad my shop overhauls my 2003 Trek SLR6700 . Got it back today with new crank set , front chain rings , rear cassette , new chain , Schwalbe Big Ben tires and Shimano Derailleur . Several hundred Dollars , but it is good to go another few thousand miles. I like that bike so much. It is a keeper.
Just was looking at the 2024 Cervelo S5. Gorgeous bike. I completely agree with your assessment. Here in NY I can buy it with the 12 spd wireless dura ace for 13k
Last year here in Costa Rica was bananas too, but in 2023 bike prices have gotten almost 25% lower, considering that MTB and road have always been popular sports in CR
Completely agree that the prices of the top end bikes is mind bending, but remember they are top end, genuinely designed for elite athletes and not weekend warriors, enthusiast or amateur professionals. My suspicion is that in a wind tunnel, there is probably not that much difference between a Giant Propel and the other super expensive bikes you referred to. Just for arguments sake, lets assume (graciously) that it might be 20w difference. Most people could overcome that with other significantly cheaper smaller gains that many haven't optimized for whether it is aero shoes, aero socks, aero skin suit, a better aero road helmet (not a TT one), waxing a chain, simply swapping the handlebar for something narrower like a 36cm, being consistent with mobility work to allow you to keep your body in a more aero position (majority of the drag), etc.
I completely agree. To an extent you can buy a little bit of speed but training, weight loss and position are where the biggest gains will come from
People that buy Pinarellos are people that want a Pinarello and wil pay whatever. And Pinarello knows it! In the states, prices are so stupid that companies are pricing themselves out of the market. People are going second hand
Absolutely
Im a regular cyclist but mainly cycle on 105 aluminum or my other bike is a carbon 105 .
Im not a racer but i paid €700 2nd hand for my Ridley orion 2013 ( 10 year old) 10 speed 105 and it looks a stunner .. i then got 2nd hand carbon wheels for €350.....
I just cant get my head around the cost of these bikes ....it blows my mind.... and id agree with you Chris that the only thing that slows me down realistically is myself..... ive taken to running / trail running to try get an edge ...not sure thats working but fun all the same.
Great listen Chris ... thanks
I wanted to purchase a BMC mountain bike but noticed the price was way too high, almost 10k, so I bought an old 2014 BMC frame and purchased the parts for a total of $2200 and to be honest, I feel that it was the best decision. my point is that there are still old frames that look great and you can possibly build a new bike for way cheaper
People will pay whatever the bike industry asks.
Each year the bikes get more exy knowing they will sell out asap. It's a shame the cycling world has become a posy wanker sport. I pick up bikes in the sale pre new bike releases.
It's too many privelldged peeps buying the exy bikes. Yet they still get dropped by someone on a much less exy bike 💪
It's not what you ride it's how ride.
I think in Australasia
You pay more due to being so isolated, less stock, less range, and people are generally more affluent and have no idea of relative costs elsewhere. The whole world is being fleeced higher prices is now the new norm
Great points and very true about the most expensive bike not always being the fastest. It’s all down to the rider
I imported a Titanium Litespeed frame into NZ in 2016. I think it cost just under $6k which totally shocked my family. In hindsight, the best decision I ever made.
A lot of money for a bike at the time
@@ChrisDunnnznew to cycling? A WIRED SRM power meter was $5k 20yrs ago
@@veganpotterthevegannot at all but if the price of power meters has dropped, the price of groupsets and frames certainly hasn't.
@ChrisDunnnz that's because there's more tech going into them. Power meters only got more tech with going wireless. Since then, it's all been about making them at a lower price.
In 2019 I paid US$1500 for a titanium Lynskey frame, carbon fork and titanium seat post (and you probably know that Lynskey family started Litespeed decades ago then sold the business and restarted as Lynskey) and imported to Australia - free shipping but another AU$300 in import fees & GST. Cost me another AU$1,200 to built it up with Ultegra 8000 mechanical and another AU$1200 for carbon wheels from Farsport in China. A pretty nice bike for the money but not as light as my carbon Canyon. Only last month Lynskey were selling titanium road bike frame for US$1,250 and the performance R500 for US$1600.
Same in the UK, insane prices, top-end stuff £12-15k. My 5 year old Sempre Pro with Campag Chorus set me back about £2500 for frameset and components and I built it myself. Gonna cost me 3x that to replace with something comparable.
Priced peaked in europe during 2021-2022 and they were 30% higher than 2019.
The msrp is still high but brands are giving 20-30% discount due to high inventory levels and increased cost of working capital.
Bicycles are cleverly sold in such a way that if you buy more expensive the easier it will be and the faster you will go on it, as my friend says "All the Gear no Idea"..... Gravel Bikes are sold as if they have reinvented the Wheel and again those green behind the ears are easily convinced that if they buy a Gravel Bike it'll go faster over Gravel than a regular road bike with thicker tyres ...it won't...don't buy the hype just ride the bike...🙏😜
True
Gravel or Cross country or maybe Down country...got to give it to the marketing departments.
Prices here in NY are pretty crazy too, but not 27k crazy for the new Dogma. Last year I bought a Bianchi Specialissima frame set andI had my shop deck it out with 12 spd wireless dura ace, ceramic, and Roval everything else. It’s an amazing piece of machinery which cost close to 15k. It’s hard to justify spending that much but I love the bike and ride it often as a fairly intense recreational rider. Nothing will change and prices will only escalate from here as this is just a reflection as is in prices of everything else we buy. It’s called inflation heading to hyperinflation as currencies around the globe are being debased at breakneck speed. I’ll probably be purchasing my next bike with physical silver which I’ll look forward to. Great video
Your just paying for the brand cycling has totally changed now i started in the 70s and it was affordable for the working class now its for the privilege pockets great content like you said predominantly its down to the ability of the rider.
Yep, the marketing machines are working overtime to justify those extra thousands
Great video. I ride bicycles and motorcycles and the price difference is unbelievable here in Ireland. I bought a new Suzuki V Strom ,,(9,000 Euros) cheaper then some bicycles I saw in shops recently.
seems like good deals over there. just paid 16k American for my new top of the range trek. had to look up NZ is worth .59 of a usd. so 20k is just under 12kk American
Im currently riding a Ribble Ultra SL R. It has been amazing. People are sleeping on this bike.
I’d love to check one out but I haven’t seen one in NZ
I am in American Midwest. I saw folks riding the "English" Ribble bikes a few weeks ago. They spent some time extolling the virtues of Ribble vs North American big name bike brands.
I got my ribboe carbon 105 disc for $1600 because the same bike cost thousands more in a bike shop. Got my kilo tt used for $200. It did take 6 months to deliver 😂
EVERYTHING has gone up, post pandemic. Fact. I worked at a popular, well established bicycle shop in Brisbane, Qld during the worst of the pandemic. I couldn't get over the cost of our stock in store and when new stock arrived it seemed to go up exponentially. I believe the companies that survived the pandemic have been trying to claw back their losses made during the pandemic.
Carrots have gone up but surely it doesn't cost more to grow one? EVERYTHING has gone up - except Shimano cranks! 🤣
Does one carrot cost as much as a steak? Please brain better.
Yep. Let's not get started on Shimano cranks. There's been enough videos about those popping up lately!
Shimano's Hollowtec crank models are dangerous garbage, and currently being recalled world-wide due to consistent and potentially lethal failures that are manifested in the idiotic Hollowtec design, and of which the problem has been known in the bike servicing sector since the very first year of Hollowtec's release.
Same here in Canada. Prices are constantly climbing.
Here in Brazil they are still selling Tiagra level bikes for the same price an Ultegra bike was before 2020, but sales are almost dead. I think they will soon lower the retail price, but anyways, they are making sales very often, but still not selling much (I think).
Acho muito difícil baixarem os preços aqui, me parece que para o lojista é melhor uma bike de luxo encalhada do que baixarem mais ou diminuírem o lucro, acaba sendo sempre a desculpa dos impostos, mas estamos vendo que não e so aqui na terra brazilis, aqui estamos fadados a ser sempre explorados.. 😮💨
A few years ago (like 2016), a friend of mine bought a Supersix Evo with an Ultegra groupset for like 3200. Granted, heavily discounted. Today, I looked at a 105 equipped Roubaix and it was 5000.
Yea those days of good prices are gone
@@ChrisDunnnz Nah, companies are seeing what they can get - once their sales volumes fall and their profits shrink they will be forced to re-price. People who buy bikes at these prices are just idiots.
Apples to oranges.
$5000 today is ~$4000 from 2016 -- so how heavily discounted was the 2016 Supersix Evo? $3200 is "only" 20% off from a $4k MSRP. If it were, say 40% off in 2016, that's an MSRP of $5300 or $6700 today.
Also, 105 today is much better than Ultregra from 2016. Stop comparing the "tier" and focus on *features.*
Btw 2016 was 7 years, not "a few years ago."
@@LeConcerto yea and 105 is di2 now aswell. i've seen ultegra 11 speed mechanical disk brake bikes for 3k though still.. just not the top brands.
@@jadenngl Oh geez I didn't even realize the $5k USD Roubaix is Di2.
The 105 12 speed Roubaix is $3500 MSRP.
eBay or local used bikes are the way to go for value now
Sure are
Recently retired bike mechanic here: New bike prices have gone DOWN here. The pandemic caused shortages in bikes, parts, etc. After the panic was over, the bike companies made too many bikes, are now overstocked, and the prices went way down. Before I retired last month, some bikes were being sold barely above dealer cost. My ex-shop sells Santa Cruz, Giant, Transition, Rosignol (Former Felt brand) and some others. I don't know about road bikes (No road riding here, all MTB and gravel) but a $7,000 (US) top end Giant e-MTB is now under $5,000 (US). As of this posting it takes 1.68 NZ dollars to buy 1.00 US dollars.
Same here in Australia. Insurance companies will not payout what you purchased for the and forget about getting paying out what it would cost to replace the same spec and make of bike.
The bulk of the price is shop, distributer and marketing and the stickers. So many of the bikes have the same gear train, brakes and wheels and really there is not much in the frame.
I recently built an e-bike and bought all the parts separately from new with the exception of the frame, this cost me around £2000. The reason I would never in my current circumstances pay over £3k for a bicycle is that I commute roughly 160 miles a week to and from work etc and I sometimes have to change the rear cassette every 6 months, brake pads roughly every 3 months, chain roughly every 8 months, tyres can last anything from a month to a couple of years depending upon damage they sustain due to poor road surfaces. to cut a long story short when you use a bike to the same degree that the average person uses a car there's a long list of problems and parts that will need to be sorted and replaced. Imagine buying a brand new car for around £12000 and then you have to potentially replace all those parts I mentioned within the first 6 months of ownership? not to mention how easy it is to steal and resell a bike compared to a car.
The fact the many Bicycles now cost the same or more than most high end motor cycles is utterly ridiculous and no way inline with inflation. You have to wonder if youtubers are actually causing the spike in bicycle prices. if you watch a single episode of (Global Cycling Network) to first thing you'll see is a presenter on a roughly £10K bicycle. high bicycle prices have been normalised by the very people that claim "they want to introduce more people into cycling" When you also consider that a bicycle is in no way a new/ish form of technology like the recent rise of electric cars the the current price of bicycles makes even less sense, "oh but carbon is a new/ish tech" yeah whatever, an old beat up second hand titanium frame (just the frame/ no forks) will sell for £4k+ on ebay. I also can't tell you the amount of bike videos I've watched in which the youtuber bike guy will buy a £10K road/gravel bike and then replace/customise 1/3 of the parts before they've even took the bike out for a spin? and that's another thing, when you buy a car you get to choose the upholstery etc, but you don't even get a choice of saddle or tyres on a bicycle that costs up to £20K and you get a massive ugly bike brand logo slapped across it.
Same in Israel. Prices are insane. The industry lost it
Seems like a global issue
And add to that the price of parts that used to be serviced by the home mechanic but now you have to buy and pay ridicule prices compared to what we used to pay. Bearings for example, now you have to pay for sealed bearings, just to name one.
Good point
I live in the United States, and there are deals to be had, but they are a few and far between. I imported a bike from Ribble and it was just a little north of almost 2300 USD, which may not seem like much compared to the value that you get, but prices in general are just ridiculous as you had stated, Euler pertaining to brands that are of quality not your big box bikes
If you're willing to shop around, there's deals to be had
Definitely not limited to NZ. Here in the U.S. I called it the 'Lance Armstrong era' because since he brought cycling into the public awareness things changed with pricing. But I can see it's not exclusive to the U.S. either.
Lance hasn’t been relevant for 20 years.
The PROPEL
ADVANCED PRO 0 is only $8000 in Canada, not for me in this lifetime. I just purchased a custom Titanium frame, and fork from China for $900, for me is reasonable. If I want a road bike I will get the frame from China, a small fraction of the price.
That’s a good price
Show me this $900nz titanium frame
WaltyTitanium@@janeblogs324
Crazy here in Italy too.
The prices will increase even more thanks to the inflation.
Very true!
Bought two Denago Class 3 Fat Tire Electric for $1799 each in Savannah GA 3 weeks ago. Came with helmets. Added a rack for $50. &75 lock. Too much but Very happy. I broke my foot so this will get me through several months of recovery. Paid $1000 each for two Specialized Mountain Bikes early 2022. But! I hadn’t bought a NEW bike in 30 years. My 10 speed Swinn in going on 31 years. Except for the Swinn in 1991, I’ve Always bought used bikes until 2022.
Im glad cyclists can’t control their FOMO. It leaves me with an endless supply of sub $2200 2-4 year old S-works framesets for me to build my own out of. I’m about ready to upgrade to a rim brake SL6. Same strategy as buying used cars… let some other shmuck pay $14k and “drive” it off the lot. I’ll always be in the sub 40kph slow category anyways so I don’t need the new hotness.
Yep, that’s a great way to do it
💙= Put a faster rider on your bike, it would go faster - true for everyone on every bike -yet so much (too much) focus on the latest hype. 💙= NZ, have spent time in your beautiful country - sorry the prices are so crazy there & lots of other places - That Pinarello number is insane - Giant is always best bang for buck - Canyon too
Thanks
I made the calculation based on Diverge Comp (2019) vs the current equivalent (model name) and it went up 1100 euros. However, there are some tech improvements that might justify the price rise. I think the big gap on price is on the high-end models with very fancy technologies like wireless shifters. Seems to be a well made marketing strategy targeting riders with a "tech mind".
After all I have today a better job ($$) with less time to cycle and as I am getting older, my potential very expensive new bike will be something to show off and not to get the best of these new features.
Hello from Canada. have two bikes I bought some time ago, a recumbent from Sun Bicycles of Taiwan bought about 15 years ago, and a CCM dual suspension mountain bike bought about 10 years ago. Both are lower end entry level bikes. I just checked current prices for those bikes, and the Sun bike has gone up slightly, but accounting for inflation it is about same as I paid for it. The CCM mountain bike is actually about 30% cheaper. I think what you're seeing is a premium on the higher end models and for bikes made anywhere else than Asia. The rich get richer, and the retailers will charge what the market will bear.
We are now living in the age of superbikes and ridiculous prices.
Yep
You are getting fleeced. Bike prices from the pandemic and the "parts" shortages have more than stabalized. The number of bikes that glutted during the lockdown obviously put more people in the saddle temporarily. Those wannabbees are selling or not riding anymore. Heading into winter, prices are already dropping from off season. Maybe ya wanna shop outside of NZ?
That’s the best option for more than just bikes
Wow. I am completely satisfied with my old Trek and my newish Giant Talon. About $1,200 all in, new. How blessed am I?
Prices in the UK have also skyrocketed. I begrudged paying for a new bike as i knew i was getting ripped off, as each years models have gone by the price has increased around 20% each year. When you check the specs of the 2022 to the 2023 models they are basically the exact same bike, just the 2023 costs 20% more 🤷. I bought a cheap used bike for £100 from a second hand shop. It's not great but it does the job far better than i was expecting.
Anyways the bike i liked for my work commute was £800, it's now been dropped to £399 almost everywhere! (Whyte Ridgeway C7). Its the same for loads of models out there! Huge discounts from 30%-50% because nobody is buying them. Lots of bike shops here are fully stocked up. So ive snapped up said bike for £399 and just sold my £100 bike for £100! 😂 I'm well happy with that price! I feel like everything is expensive nowadays, but if you can be patient for several months the price will soon come down to something reasonable 😉