However, as everybody knows, high end bikes have a depreciation rate that rivals luxury cars. Essentially, you can kiss goodbye to half your money as soon as you take delivery of the thing.
I wouldn't bat an eyelid at spending £4k on something, if I thought is was sufficiently good value for money. Affordability isn't the issue. However, as everybody knows, high end bikes have a depreciation rate that rivals luxury cars. Essentially, you can kiss goodbye to half your money as soon as you take delivery of the thing. Now, if you intend to buy such a luxury item and keep it "forever", depreciation may not be an overriding concern.
Custom Steel and Titanium aside, bikes don't tend to be bought on a "forever" basis though, do they? Most of the type of cyclists who blow loads of cash on brand new high end bikes, are hopelessly addicted suckers for bike industry marketing, and will be back at their LBS window, drooling over the next latest model within a year or two of the last big purchase.
Absolutely true. I know several people who are soon going to be seriously in the shoot financially if this virus disruption lasts longer than a few more weeks. In some cases, it's simply a matter of never having earned enough to build a decent financial warchest, and having weekly hours slashed to their contractual minimum.
In other cases, it comes from having a blasé attitude to money. Easy come easy go, spending it as fast as it comes in, not saving, carrying a lot of debt, lulled into a false sense of security by low interest rates - never believing that the comfortable lifestyle they enjoy could ever be brought to an abrupt end.
When this virus thing is over, there will be a lot of people who thought they were untouchable looking around at the remains of their businesses, property assets, savings, fancy cars, fancy bikes, holiday villas and any other number of luxuries & creature comforts they took for granted. They will be shaking their heads wondering how it all went so wrong for them.
All the depreciation talk is just bullcrap. If you buy a bike you like, chances are you're going to keep it for a decent number of years so all the depreciation arguments go out the window.
Damn. I bet your quite the hit at parties up and down the country.
Have they extended the warranty? Was only 5 years when initially launched (put me off straight away given the cost)
I went for a test ride a couple of years ago & they are very nice bikes, it was a bit 'head down, arse up' for me, had back ache after a 20 mile ride & yes I could have had a custom frame to rectify that, but with the spec I wanted, I think the price was upto nearer £5k without a custom frame I preferred the Enigma & the cost was more favourable 👍 although I think with the bits I've changed/added since ownership the cost of that must be close to £5k now (if not over )One of these
https://www.jlaverack.co.uk/r-jack-disc-range/
I really think this will be my next bike. I've seen them at the bike show and when i'm serious, i'm going to go and have a test ride.
I'm sure when I looked the warranty was 10 years, 5 years would have put me off too 👍Have they extended the warranty? Was only 5 years when initially launched (put me off straight away given the cost)
I went for a test ride a couple of years ago & they are very nice bikes, it was a bit 'head down, arse up' for me, had back ache after a 20 mile ride & yes I could have had a custom frame to rectify that, but with the spec I wanted, I think the price was upto nearer £5k without a custom frame I preferred the Enigma & the cost was more favourable 👍 although I think with the bits I've changed/added since ownership the cost of that must be close to £5k now (if not over )
I'm sure when I looked the warranty was 10 years, 5 years would have put me off too 👍
A 4K TV!
People on CycleChat don't have TVs. This is well documented.