Bike prices

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PJ79LIZARD

Über Member
Location
WEST MIDLANDS
How is charging £8000 justified by road bike manufacturers, and really when it comes down to it how much better is a bike with an £8000 price tag compared to one with £3000 or even £2000 to the average cyclist?

In dec cycling plus a statement is made along the lines of "like buying an f1 car and driving it on the road" about one said £8000 bike. I'm sorry but that is just ridiculous. Even in jest.
 

Kestevan

Last of the Summer Winos
Location
Holmfirth.
How is charging £8000 justified by road bike manufacturers.......

Cos someone, somewhere will pay for it.


Everyone has a different view of what constitues expensive. To most people anything over £1000 is a "lot" to spend on a bike.

However to a small but not insignificant number of people 8K is pocket change. If you were a manufacturer with a "name" capable of getting away with it would you not do what you could to relieve these people of as much as possible?
 

I like Skol

A Minging Manc...
I was mooching around a bike shop last Saturday when I overheard part of a conversation between a salesman and a late-middle aged gentleman about a roadbike they had on display......

Gent:
OK, how much would it be with those wheels then?

Sales assistant (shouting across shop to another assistant/manager):
How much was this bike you sold to Mr XXX last week?

Assistant 2/manager:
The one your looking at now? It was 4.

Me (thinking to myself):
That's a nice looking bike for £400, I wonder what make it is?

Sales assistant 1 to Gent:
So as it is finished now with those components and wheels it would be just £4000!!!!

Me:
Kids, come on were leaving.... and don't touch anything!

:wacko: :rolleyes: :whistle:
 
OP
OP
PJ79LIZARD

PJ79LIZARD

Über Member
Location
WEST MIDLANDS
Four years ago if you told me I'd spend nearly a hundred notes on a couple of tyres for a bicycle I would of laughed in your face! When I got into cycling I couldn't believe how expensive things were. It seemed unreasonable, now those items prices seem reasonable and the norm. Being in the cycling bubble or culture changes your rational perseption on pricing. My partner not being in the cycling bubble has the same train of thought as I did four years ago and thinks the pricing is ridiculous and priced the way it is simply because people pay it. But even now I find an £8000 price tag unjustifiable. But I don't suppose cycling is any different to other leisure/sport activities. I know personally the equestrian world is exactly the same. I can't justify there pricing either. I must just be poor!
 

Gixxerman

Guru
Location
Market Rasen
How is charging £8000 justified by road bike manufacturers, and really when it comes down to it how much better is a bike with an £8000 price tag compared to one with £3000 or even £2000 to the average cyclist?
That statement applies to most things we buy, including cycles.
I play snooker / pool. My cue is handmade and cost me £250.
My team mates cue is also handmade and cost him £600.
Is his cue better than mine? Well yes it is. But over twice as good? Well probably not.
Will a £2000 cue make and average player a better player? Absolutely not.

It is the law of diminishing returns. A "good" quality item can be bought for a datum price.
To better this product, you have to pay increasingly more and more.
The last few % of quality required to get a "perfect" product would be very expensive.

Some people feel the need to always have the best, regardless of cost, when in practice, something quite a bit cheaper would suffice.
Like a friend of mine who always has to have the latest a greatest PC technology as soon as it comes out.
He only uses his PC for web browsing, emails and a a bit of office work (spreadsheets, word documents etc.), and the high spec PC's he buys are largely wasted, as he never uses the huge potential anything like to the full. But he just wants the "best" he can afford.
The companies will make these expensive products, as they know that there will always be a small percentage of buyers who will buy them.
 

fossyant

Ride It Like You Stole It!
Location
South Manchester
£8k is OTT for a bike. You can get a pro bike for £4k-5k if you want, even DI2. Canyon bikes - the top of the range road bike with all the bling is £4k. Super Record and R-Sys wheels.

Some things are stupid, like £2k Zipp/Lightweight wheels - WTF, or the Dogma 2 frame which is pushing £4k, when you can get better performing pro frames for £2k-£2.5k

If people want to spend that, then there isn't a problem. My opinion is there is a 'price point' where things become stupid cost.
 

MissTillyFlop

Evil communist dictator, lover of gerbils & Pope.
How is charging £8000 justified by road bike manufacturers, and really when it comes down to it how much better is a bike with an £8000 price tag compared to one with £3000 or even £2000 to the average cyclist?

In dec cycling plus a statement is made along the lines of "like buying an f1 car and driving it on the road" about one said £8000 bike. I'm sorry but that is just ridiculous. Even in jest.

You can apply that to a million different things - I don't understand having a £5k watch, as my £50 watch works just fine, but it's not about having a watch that works, it's about having a REALLY EXPENSIVE WATCH so all the women can secretly think that you are very poorly endowed or a bit stupid.

Or both.
 

Strick

Active Member
You can apply that to a million different things - I don't understand having a £5k watch, as my £50 watch works just fine, but it's not about having a watch that works, it's about having a REALLY EXPENSIVE WATCH so all the women can secretly think that you are very poorly endowed or a bit stupid.

Or both.

:blush:
 
I think it's great that £8000 bikes exist. It tells us that the cycling industry is bouyant, and that bicycles are seen as very serious pieces of equipment.

They wouldn't make them if there wasn't a market for them and who are we to judge what is too much to pay? People lose those kinds of numbers and more in a year in car depreciation all the time and we don't bat an eyelid.
 

Strick

Active Member
It's all relative to how much disposable wealth a person has and what they value it at really.
If someone is happy to pay that kind of money, then thats down to them.
 
Location
Edinburgh
You can apply that to a million different things - I don't understand having a £5k watch, as my £50 watch works just fine, but it's not about having a watch that works, it's about having a REALLY EXPENSIVE WATCH so all the women can secretly think that you are very poorly endowed or a bit stupid.

Or both.


£50 for a watch!!!

You can get one from Argos for £5
 

Matthames

Über Member
Location
East Sussex
That statement applies to most things we buy, including cycles.
I play snooker / pool. My cue is handmade and cost me £250.
My team mates cue is also handmade and cost him £600.
Is his cue better than mine? Well yes it is. But over twice as good? Well probably not.
Will a £2000 cue make and average player a better player? Absolutely not.

It is the law of diminishing returns. A "good" quality item can be bought for a datum price.
To better this product, you have to pay increasingly more and more.
The last few % of quality required to get a "perfect" product would be very expensive.

If you look at a lot of other sports you would find the same. Archery is a very good case in point. There is a lot of guff about in the archery world that if you buy this really shiny and expensive piece of equipment that your scores will magically improve to grand master levels, when the reality is that the gains you make would be marginal at best. However people have seen their scores jump significantly by just buying a brand new quiver, this effect is just purely psychological.

You could apply this effect in cycling. If you have just brought an £8000 bike, who wouldn't suddenly think they have suddenly become Mark Cavendish or what ever their favourite rider is.
 

Moodyman

Legendary Member
If you're looking at an 8k bike you must be an 8k rider.

The average Joe cannot tell the difference between a £800 bike and an £8k one, but the guys who race at the higher end, are adamant that they can.

I was in local bike shop and stood next to ordinary looking wheels. I only realised their worth, when the shop owner mentioned that they were £3K - carbon racing wheels. He was going to fit them to a bike where that the rider was going to use in a race.
 
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