If you have been considering getting a new bike, you might want to pull the plug before the '09's hit. Our basic first price point mountain bike just went from $329 ('08) to $429 ('09). Ouch - you totally need to get shopping.
If you have been considering getting a new bike, you might want to pull the plug before the '09's hit. Our basic first price point mountain bike just went from $329 ('08) to $429 ('09). Ouch - you totally need to get shopping.
I second that! Our first price points for comfort hybrids did the same thing!(330-to almost 500!!)
Wow! That's a &$%& huge price increase. Is it because of materials, or demand?
CA
Most days in life don't stand out, But life's about those days that will...
Probably the value of the dollar against other currencies plus in some cases the cost of carbon.
All of the above!
How much do you think these prices reflect actual costs vs. jacking up the prices because of increasing demand? 30% increases seem like jacked-up pricing to me, at least in part.
At the low end it seems crucial to keep the cost down to get people to buy from their LBS instead of Wal-Mart. Those folks that buy at the LBS and then get good service may be buyers of better bikes down the road. People also sometimes get 'branded.' Buy a Trek commuter, then get a Trek road bike, etc.
My guess is that this "part" is quite low.
Commodities have gone up big time recently. As others pointed out, bikes are made of energy-intensive materials (steel, aluminum) and require transportation from far away (or high labour costs if they are made nearby). Energy certainly has gone up 30% in the last 12-18 months... Demand is part of the equation, but only a small part I am sure.