2022 Levo £13k
Discussion
I remember when £10k was off the charts, think that was a specialized too.
I get there is R&D but they discount them heavily after a year and they are worth next to nothing after a few years as well.
I just buy them in the sale and go mid range at £4k ish, that’s still a significant amount of money but I do tend to keep them at least 5 years.
I do wonder when it will stop with the prices but people must be buying them who have deeper pockets than me!
I get there is R&D but they discount them heavily after a year and they are worth next to nothing after a few years as well.
I just buy them in the sale and go mid range at £4k ish, that’s still a significant amount of money but I do tend to keep them at least 5 years.
I do wonder when it will stop with the prices but people must be buying them who have deeper pockets than me!
J4CKO said:
You can get a Honda CBR 650R for just over 8 grand brand new
I actually have that bike, although good it’s not a top end bike in terms of quality and components, a better comparison would be the streetfighter V4sHowever the streetfighter would be worth at least 50% of its value after 7 years, the specialized £1k max.
easy_rider33 said:
I actually have that bike, although good it’s not a top end bike in terms of quality and components, a better comparison would be the streetfighter V4s
However the streetfighter would be worth at least 50% of its value after 7 years, the specialized £1k max.
I'd love to see seven-year old bikes (motorised or not) dropping from £13k to £1k.However the streetfighter would be worth at least 50% of its value after 7 years, the specialized £1k max.
I've been looking for a road bike for a friend and £2k and £3k bikes that old are still selling for well over £1k.
boyse7en said:
I'd love to see seven-year old bikes (motorised or not) dropping from £13k to £1k.
I've been looking for a road bike for a friend and £2k and £3k bikes that old are still selling for well over £1k.
That’s because the second hand market is nuts at the moment, because everyone and their uncle wants a bike, and there are big supply chain issues with new kit at present, because Covid and Brexit.I've been looking for a road bike for a friend and £2k and £3k bikes that old are still selling for well over £1k.
Anything holds its value at the moment for the problems mentioned, some of the old crap up at very strong money is hilarious, what was stuff you couldn't give away or be arsed to take to the tip is £100.
I sold a couple over the last few years and got £170 for a perfect Specialized Allez Elite with a new drivetrain, same thing now would command £400 plus, I paid £150 for an ancient Raleigh Record Sprint the other day, it had at least had money spent on it and wasnt a complete wreck.
It will calm down and as folk go back to work there will be a glut of bikes and dogs needing a new home.
That five grand bike you bought with Rishis Disney dollars when you were saving vast amounts on commuting, fuel, holidays, eating out etc will look a bit of a rash purchase, easy to make some very short sighted financial decisions as this, for those lucky enough to have more disposable income is not going to last indefinitely.
Save a few quid and be ready for some hobby stuff bargains down the line.
I sold a couple over the last few years and got £170 for a perfect Specialized Allez Elite with a new drivetrain, same thing now would command £400 plus, I paid £150 for an ancient Raleigh Record Sprint the other day, it had at least had money spent on it and wasnt a complete wreck.
It will calm down and as folk go back to work there will be a glut of bikes and dogs needing a new home.
That five grand bike you bought with Rishis Disney dollars when you were saving vast amounts on commuting, fuel, holidays, eating out etc will look a bit of a rash purchase, easy to make some very short sighted financial decisions as this, for those lucky enough to have more disposable income is not going to last indefinitely.
Save a few quid and be ready for some hobby stuff bargains down the line.
Edited by J4CKO on Wednesday 24th March 09:55
Must have money to burn, the depreciation is horrific, not only because a year later the retailers are flogging the same bike new with up to 40% off, so the second hand price has to undercut that.
People say the new retail price on release price is reflective of the R&D but IMHO they are taking the piss and people should just hold off. Prices would fall to a sensible level.
I’m not aware of any other market where this level of loss is seen as normal?
People say the new retail price on release price is reflective of the R&D but IMHO they are taking the piss and people should just hold off. Prices would fall to a sensible level.
I’m not aware of any other market where this level of loss is seen as normal?
Is there not a bit of fakery involved? Don't tend to see the 'brand' top end bikes (S-Works, Colnago, Pinarello) either on significant discount or being flogged cheap used. Whereas the likes of Strada, Vitus seem to be available cheap both ways.
Not on FB so perhaps i am wrong and need to sign up for a bargain
Suppose if you had the cash you probably would, easy to look at from your own financial postion and outlook.
When you see the fleets of cars some folk have its easy to understand how bikes like this sell as its small change and even if you dont have several supercars there is still a huge number of people for whom 13 grand is not really a stretch.
People have been amazed when I told them my current road bike was £1500, they think bikes are £99 from Tescos or like £300 for a really nice one from Halfords, yet mine is very much entry level, even my new Trek SL4 at £2300 is still pretty much entry level.
When you see the fleets of cars some folk have its easy to understand how bikes like this sell as its small change and even if you dont have several supercars there is still a huge number of people for whom 13 grand is not really a stretch.
People have been amazed when I told them my current road bike was £1500, they think bikes are £99 from Tescos or like £300 for a really nice one from Halfords, yet mine is very much entry level, even my new Trek SL4 at £2300 is still pretty much entry level.
Maximus_Meridius101 said:
WTF !!! Why on earth is that thing that amount of money? It doesn't have a motor, suspension or nobbly tyres?Bike manufactures are taking the wee wee though, no way that anything on that Spesh adds up to £13k even if they put hourly charge rate of development in from the previous version. Bull-Sheeet
vwsurfbum said:
WTF !!! Why on earth is that thing that amount of money? It doesn't have a motor, suspension or nobbly tyres?
Bike manufactures are taking the wee wee though, no way that anything on that Spesh adds up to £13k even if they put hourly charge rate of development in from the previous version. Bull-Sheeet
This one is custom built, using lugged Carbon tubes for the frame. You could easily get the cost of it over 20 Grand, by speccing lightweight Fernweg Evo Schwartz edition wheelset, and the top of the range SRAM G.S. Marketing costs dwarf development costs .Bike manufactures are taking the wee wee though, no way that anything on that Spesh adds up to £13k even if they put hourly charge rate of development in from the previous version. Bull-Sheeet
Dnlm said:
Is there not a bit of fakery involved? Don't tend to see the 'brand' top end bikes (S-Works, Colnago, Pinarello) either on significant discount or being flogged cheap used. Whereas the likes of Strada, Vitus seem to be available cheap both ways.
Not on FB so perhaps i am wrong and need to sign up for a bargain
That was my first thought. My work has a pricing tier that is pegged at double the real top tier. Sole purpose is to make the top tier look less pricey by comparison. Not on FB so perhaps i am wrong and need to sign up for a bargain
That said, I'm sure it has decent componants and will sell a few. But I doubt they are relying on it for revenue.
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