View Single Post
Old 09-07-09 | 12:34 AM
  #29  
oldpedalpusher's Avatar
oldpedalpusher
Full Member
 
Joined: Jan 2009
Posts: 397
Likes: 0
From: I live in a rural canyon in unincorporated Los Angeles County

Bikes: Giant Mountain Bike

Originally Posted by unterhausen
I have to admit to having sticker shock after ignoring bike prices since the early '80s.
Two data points: a Paramount went for just under $500 in 1975, and I remember the name Italian bikes going for $750 or so at that time. By 1980, you could easily spend $1500 at the top end on an Italian bike. So we are talking $2500 to almost $4000. Sure, the top end is more than that now, but you can do pretty well for $4k. And depending on your perspective, today's $1500 bikes are probably better bikes than the top of the line bikes from 1980. But I didn't say that in C&V
Using a CPI inflation calculator that $500 1975 Paramount would cost only $2,000 in today's dollars... a bargain.


Greg
oldpedalpusher is offline  
Reply