Overpricing…

[ChrisF]

2 hours ago, stephenplumb said:

Returning briefly to bicycles. Fully imported bikes attract 15% advalorum. Add 14% vat to that and you are at 30%. 

Now factor in that demand has been outstripping supply and that means there has never been a better time for Oems to increase pricing. Added to that their raw material costs are increasing at a rapid pace, and then shipping containers are also much more dear. I have head up to 10X what they were prior to government lockdown stupidity. I know a local motorsport guy that was paying 7pounds/kg for some exotic axle metal and now is being quoted 18pounds/kg for the same item. Bear in mind bicycles are typically not made from pig iron, so these exotic metals may also be costing considerably more. One of my local customers is paying R15000 ronts for an FPGA that was costing them R500 a 18 months back!

Then our trusty ront has gone from around 14-14.50 to 17-17.50 and add all that together and you are looking at very big increases. 

We import other equipment, unrelated to cycling,  mostly from the US and we are facing USD increases at an unprecedented rate and the local pricing is easily double what it was 18 months back.

None of this is nice, but it is reality. 

 

We are seeing the effect of these on building projects as well.

 

20% increase on some items in 6 months !! 

 

 

A lot of this spins back to shipping costs .... we know the stories of containers yada yada ....  yet MSC Shipping is making such a killing that it is buying out businesses all over .... even now in a bid to buy out MediClinic ....

 

Dare I say that covid created the perfect storm for a select few to seriously increase their profit margins

[Jewbacca]

23 minutes ago, MTBRIDER1234 said:

Haha yeah I knew that, but each PYGA frame is handbuilt by Pat himself, so the welds on each one vary slightly. Each frame is slightly individual and you just don't get that with mass produced alu and carbon. 

By hand built, I meant done by a human and not robots - both the aluminium bike and steel bike I have are fully handmade and tell their own 'story' which I think is rad. Because try as you might, you can never exactly replicate the welds on the alu bike, or the brazing on the steel one. I love that about them.

Well Pat doesn't weld them all himself..... He has a very good team and a very good wrokshop. 

 

[MTBRIDER1234]

13 minutes ago, Jewbacca said:

Well Pat doesn't weld them all himself..... He has a very good team and a very good wrokshop. 

 

Sorry, I meant that mine was welded by Pat himself... it was a very early slakline frame, hence the red headtube badge. 

I am aware that now not all of them are made by Pat himself haha

[117]

3 hours ago, stephenplumb said:

Fully imported bikes attract 15% advalorum. Add 14% vat to that and you are at 30%. 

Ahem....  You stuck in 2018 by any chance?  Don't let SARS catch you short changing them by 1%

 

 

[ChrisF]

35 minutes ago, 117 said:

Ahem....  You stuck in 2018 by any chance?  Don't let SARS catch you short changing them by 1%

 

 

 

Just SA Post Office delivery times ....

[Hairy]

[117]

At least the crank is in the correct posi

[lechatnoir]

12 hours ago, 117 said:

At least the crank is in the correct posi

the tyre labels though.... deserves some discount just for that

 

[Duane_Bosch]

So retail on that Epic is the same as a Ducati Hypermotard.

Yes yes. I'm comparing the base Hypermotard to the top end Epic but COME ON!!!!!

[Jono]

1 minute ago, Duane_Bosch said:

So retail on that Epic is the same as a Ducati Hypermotard.

Yes yes. I'm comparing the base Hypermotard to the top end Epic but COME ON!!!!!

which one has the higher number of sales?

[Hairy]

8 minutes ago, Duane_Bosch said:

So retail on that Epic is the same as a Ducati Hypermotard.

Yes yes. I'm comparing the base Hypermotard to the top end Epic but COME ON!!!!!

[Hairy]

12 minutes ago, Duane_Bosch said:

So retail on that Epic is the same as a Ducati Hypermotard.

Yes yes. I'm comparing the base Hypermotard to the top end Epic but COME ON!!!!!

Ok, so lets take their top of the range one ... same price as the S-Werks new

[_David_]

Sheesh... we get ripped-off.

[lechatnoir]

24 minutes ago, Duane_Bosch said:

So retail on that Epic is the same as a Ducati Hypermotard.

Yes yes. I'm comparing the base Hypermotard to the top end Epic but COME ON!!!!!

just a guess, but i think there's more tech in one than the other....

[Duane_Bosch]

6 minutes ago, _David_ said:

Sheesh... we get ripped-off.

Yes. And by other motorcycle brand standards Ducati has always been more of a heart over head decision. A few years ago a mate of mine priced an Ohlins WSBK spec fork for his superbike. Now bear in mind this is the same fork that WSBK privateers ran in their bikes at the time. It was the same price and a bog standard Fox 40 DH fork at the time.

[Eddy Gordo]

I keep telling my friends, that I would much sooner buy a motorbike over a bicycle, especially and ebike. They cant seem to understand why. They also have never ridden motorbikes.