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Okay so it all might be speculation at the moment. But anyone else been told bike prices will go up again for the 2022 bikes? A lot of bikes had a price adjustment in the Spring with prices going up. But demand is still so much greater than supply, I'm wondering if we'll have another hike.
Edit; there's a bike I'm looking at in stock in my size, just wondering will it be more expensive next year if I don't buy it .
Yes. They already have in many cases.
Yep. Santa Cruz has gone up again. 2021 was £3299 for a CC frame. 2022 is now £3499.
There's a limit, surely? They've gone up so much in the last years. I don't see how it can carry on really but it seems to be.
Is demand still up? Supply won't increase until Taiwan can get it's guest workers back, which will take a while. Ally, steel, shipping and cardboard have year on year double digits increases for the second year in a row so I'd say prices going up is nailed on. When the market is flooded with 2nd hand ones the new prices might retreat a bit but if raw material prices stay high, there won't be much room for them to move.
Yes.
There’s a limit, surely? They’ve gone up so much in the last years. I don’t see how it can carry on really but it seems to be
Reason is because apart from the supply and demand issue, inflation is going through the roof at the moment.
Interestingly enough, pinkbike recently done a feature on prices of bikes 20 years ago and bikes now, and when inflation was taken out of the equation, the actual prices of the bikes hadn't changed despite modern bikes being much more technologically advanced.
I think the main issue here is that in the last 20 years, people's salaries generally haven't increased with inflation so bikes are much more expensive relative to salary even though they're in line with inflation rates.
Well if the prices go up again for 2022 bikes (big brands like Cannondale, Trek, Specialized), can anyone see them coming back down again in another year or two, or will they most likely stay at the increased price?
To the OP - if there's a bike in your size and you have the cash, buy it now.
Prices won't go down. Will your company reduce prices when things get back to 'normal'? I doubt it... Bike companies are still companies.
Bikes don’t cost 7k any more, they cost £100 a month.
Cheap credit is also to blame.
Prices won’t go down. Will your company reduce prices when things get back to ‘normal’? I doubt it… Bike companies are still companies.
The RRP might not go down but in the before times, bikes and parts used to go on sale, get discounted etc. because there was supply left over. Even planet X haven't had much discounted in the last 18 months. That can't go on forever.
If you’re planning on getting a bike in the next 18 months, you should already have it on order.
Demand is high, supply is low.
That’s the perfect recipe for high prices.
I don’t see it changing until demand drops off a cliff, and I don’t see that happening any time soon, people have re-evaluated their lives and decided they don’t want 2 beemers sitting in the drive, they’d rather have a bike to exercise on as they now wfh.
I think demand will drop next year, but not massively.
Best we can hope for is some consumables getting through, so we can all keep riding tbh.
Of course bike prices will keep rising, half of us get 40% off through bike to work and the other half pay on finance. Why wouldn't brands want to take advantage of this? Making money is the only reason they exist.
Right now it's the cost of shipping thats the killer, 2 years ago getting a 40 foot container out of the Far East cost you $1600-2000, now people are being quoted $15000-19000, it's bonkers, whole classes of high volume, low value product are being rendered unviable overnight.
The high end kit we buy will be affected but not hugely as you can get a lot of value into a container, cheapo sub £500 bikes are going to get hammered though as suddenly you're paying almost as much for shipping as you as for the actual bike.
Making money is the only reason they exist.
This is true. I'm not aware of any not-for-profit or charity status bike brands. Thankfully free market competition keeps profiteering in check. (not meant as sarcastically as it reads but you'll know what I mean..)
Costs and general complexity of the business is going up. If you're on common/normal terms with a factory you'd be paying a significant % as deposit on order and the balance on shipping or soon after. It used to be a deposit 3-4 months before production, now it's 12-18 months because of leadtimes. Factories aren't funding the parts orders, brands are. That's a long time to have cash allocated particularly when current stocks and cashflow may be lower.
Well another one, anyone have any guess when the 2022 bikes will be coming in?
I've been told possibly December or January, maybe later. Any advance on this?
And yes thanks for the advice. There is a bike I want in stock in my size at one of my local shops, its currently on hold for me!
any guess when the 2022 bikes will be coming in
Depends on model and brand, normal launch periods are disrupted. Some brands may bring bikes in asap even if that means arriving in a period that's normally quiet ie Jan, some may delay further until spring. It's really unpredictable, even shipping times (eg a covid outbreak at a port area is currently causing delays for some brands/routes)
There is a bike I want in stock in my size at one of my local shops, its currently on hold for me!
BUY IT! : )
The RRP might not go down but in the before times, bikes and parts used to go on sale, get discounted etc. because there was supply left over.
This seems to have been the bigger impact on me at least.
If you're the kind of person who bought new bikes when they came out at RRP then you've seen a 10% increase. If you normally buy things when they go into the sales or 2nd hand then you've seen more than a 100% increace.
I kinda fancied a Stooge earlier in the year as a SS. They were selling 2nd hand for 80% of RRP! And other similar stuff is the same, Scandal frames selling for more s/h than they were on pre order for example.
people have re-evaluated their lives and decided they don’t want 2 beemers sitting in the drive, they’d rather have a bike to exercise on as they now wfh.
Much as I hope this is true, I fear it isn't. I suspect the number of people who have bought pandemic bikes did not use them as a replacement for the car. They didn't use them for errands/shopping, they used them specifically for exercise. So when their lifestyle goes back to normal (and the indications are that wfh will not become the norm) they will be straight back into the cars.
This seems to have been the bigger impact on me at least.
Yep, me too. Bought more than a few bikes and bits because they were a bargain, not because I actually knew I wanted it.
It's 'cking mad. Mate was telling me car inventory is so low and demand so high in the States that certain models of used cars are selling for more than they did new. Mostly pick-ups, it is the US, after all.
Of course bike prices will keep rising, half of us get 40% off through bike to work and the other half pay on finance
Yes, of course that's correct.
Well another one, anyone have any guess when the 2022 bikes will be coming in?
Some are already here and being sold
I fear you’re correct, but I hope you’re wrong.
The half of me that buys bikes wants them back in their cars ASAP so the market is flooded with barely used bargains.
The half of me that rides bikes wants them on their bikes, for obvious reasons. Or at home. Either works
My best bike set me back nearly £2k in the end for a hand built Dura Ace equipped bike. The frame was close to £500, same price as a Colnago frame, but built for me. That was 30 years ago.
Prices will go up.
The better question is: will wages go up more/less or the same as bike price inflation, or inflation in general. If bikes go up 10% but your wages go up 15%, it doesn't matter.
Sadly history suggests no.
I'm having to explain to on average 2 people a day why they can't buy a bike or a bike part off me because of the pandemic/Brexit increased costs & they look at me as if I'm making it up!
Where have these people been since march 2020?
If you see a bike in stock you like in your size buy it now it won't be there for long
Well another one, anyone have any guess when the 2022 bikes will be coming in?
Taking orders for 2023 in some cases now
I would hope, but don't expect, that all this upheaval might make more brands abandon their yearly release cycle.
The better question is: will wages go up more/less or the same as bike price inflation, or inflation in general. If bikes go up 10% but your wages go up 15%, it doesn’t matter.
I think we had it good for a few years with the $2:£1, then that slipped, then even before Brexit we were slipping far behind Europe for spending power. They've had a relatively good period of wage growth and haven't shot their currency in the foot.
At some point it might swing back ........ just don't hold your breath.
I would hope, but don’t expect, that all this upheaval might make more brands abandon their yearly release cycle.
Does it make any difference?
None of the brands with ad-hock release cycles have any stock either 🤣
I presume the big brands get deliveries of each model through the year? It's just that the September ones come in a new colour.
I’ve been holding off hoping that bikes will come down in price next year, maybe they won’t so long as golf isn’t popular
Cars and motorcycles have seen the same stupid increases over the last few years.
It’s crackers that a bottom of the range ebike that will break within 2 years cost 5.5k
Sorry cars and bikes have not seen the same big increases ….
They’ve had a relatively good period of wage growth and haven’t shot their currency in the foot.
True, but iirc, their wages haven't kept pace with inflation either, not for years. I can't think of a place that has.
The currency thing is more of an issue. That was true for quite a period prior to the pandemic though.
Sorry cars and bikes have not seen the same big increases …
Not in the UK.....yet. Hold onto your hat though. In the places where the economy is opening up again, there is a lot of money looking for a home and cars are one place it's going. It the UK has any kind of economic recovery at all when things start 'normalising' I would not be surprised to see big jumps.
I still think that demand will ease, especially when people can holiday abroad again, that sort of thing. 'Prices' might not ease but inventory will slacken, sales will slow, 2nd hand will grow. That will put pressure on actual selling prices and they will soften.