Cost of bike parts vs car parts
#76
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Independents would cost a lot less than $1400. I do my brakes now because I have more time than money. I think my high end Indy used to charge me around 7-750 for front brakes. Zimmerman rotors and he used different pads but IIRC, parts were well under $400 and he charged 2 hours labor. I can buy the parts for less than that and it takes an hour to do the job.
Unless it is an AMG, $1400 is high. They are making a fortune for just fronts.
Unless it is an AMG, $1400 is high. They are making a fortune for just fronts.
There is a Porsche tax, but I knew that going in.
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Like pills only cost 2 cents because that is the cost of the raw materials. Forget development costs, costs of the other 100 drugs that failed, cost of clinical trials, costs to pay the health authorities, constructing purpose built facilities, etc.
But that is not really the case with most car parts. Consumers can generally buy the same wear item part direct without paying dealer markup and one can have it installed at an independent service facility. I admit to having my BMW serviced (fluids) at the dealership but I would never spend $1400 an axle for brakes. I do think bike brakes cost about the same per mile.....Good pads for carbon rims are around $50 and I go thru a couple sets a year. I should do the math. Bike tires are way more expensive per mile. I used to go thru 6 sets a year but only 2-3 sets now.
But that is not really the case with most car parts. Consumers can generally buy the same wear item part direct without paying dealer markup and one can have it installed at an independent service facility. I admit to having my BMW serviced (fluids) at the dealership but I would never spend $1400 an axle for brakes. I do think bike brakes cost about the same per mile.....Good pads for carbon rims are around $50 and I go thru a couple sets a year. I should do the math. Bike tires are way more expensive per mile. I used to go thru 6 sets a year but only 2-3 sets now.
#78
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Inexpensive parts abound for my '81 Mercedes. 14" tires are cheap. No hassles with electronics. 30mpg. Great heat and cold A/C. Economy special. And with a whopping 57 horses I'm not getting a speeding ticket. $1200 purchase price 2 1/2 years ago. New Exhaust, frt brakes, clutch slave cylinder, and 4 new tires. Parts and labor about $1500 over the 2 1/2 years.
And my '75 Raleigh Super Course $150 invested with new Pasela tires.
And my '75 Raleigh Super Course $150 invested with new Pasela tires.
Last edited by big chainring; 06-07-22 at 05:11 PM.
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[QUOTE=GhostRider62;22534105]Like pills only cost 2 cents because that is the cost of the raw materials. Forget development costs, costs of the other 100 drugs that failed, cost of clinical trials, costs to pay the health authorities, constructing purpose built facilities, etc./QUOTE]
And yet, one of the most widely accepted measures of economic efficiency is that a good is produced up to the point at which its marginal cost equals its marginal benefit and both equal the price -- in other words, the most efficient outcome in your example would be to price the pill at $.02.
And yet, one of the most widely accepted measures of economic efficiency is that a good is produced up to the point at which its marginal cost equals its marginal benefit and both equal the price -- in other words, the most efficient outcome in your example would be to price the pill at $.02.
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[QUOTE=Koyote;22534351]
What you wrote is one of the dumbest things I have ever read.
Do you know anything about regulated industry? Or any industry? Oh wait, electricity for the free robots who design, make the factory, build the product, distribute it will come free from the sun. And the robots will deal the government bureaucrats, too.
Like pills only cost 2 cents because that is the cost of the raw materials. Forget development costs, costs of the other 100 drugs that failed, cost of clinical trials, costs to pay the health authorities, constructing purpose built facilities, etc./QUOTE]
And yet, one of the most widely accepted measures of economic efficiency is that a good is produced up to the point at which its marginal cost equals its marginal benefit and both equal the price -- in other words, the most efficient outcome in your example would be to price the pill at $.02.
And yet, one of the most widely accepted measures of economic efficiency is that a good is produced up to the point at which its marginal cost equals its marginal benefit and both equal the price -- in other words, the most efficient outcome in your example would be to price the pill at $.02.
Do you know anything about regulated industry? Or any industry? Oh wait, electricity for the free robots who design, make the factory, build the product, distribute it will come free from the sun. And the robots will deal the government bureaucrats, too.
#81
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Inexpensive parts abound for my '81 Mercedes. 14" tires are cheap. No hassles with electronics. 30mpg. Great heat and cold A/C. Economy special. And with a whopping 57 horses I'm not getting a speeding ticket. $1200 purchase price 2 1/2 years ago. New Exhaust, frt brakes, clutch slave cylinder, and 4 new tires. Parts and labor about $1500 over the 2 1/2 years.
And my '75 Raleigh Super Course $150 invested with new Pasela tires.
And my '75 Raleigh Super Course $150 invested with new Pasela tires.
Nice car.
Can you still get diesel in Illinois?
#82
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I'm talking about the labor to make the part, not the labor to install it. You know, comparing apples to apples. I have no idea what it costs to have brakes done on a car because I have always done it myself. It takes less time for me to do it than it does for me to drive to the repair shop and wait for it. That and if I do it, it will be done right.
German labor to make Brembo or Zimmermann rotors isn't the same as the labor costs of captives on China. Nonetheless, the $400 rotor at a dealer can be bought for $189, proving that most of the price to the consumer is NOT in the manufacturing.
As far as knowing how much it cost to have brakes done on a car, it is written in this thread.
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What I wrote is neither dumb nor intelligent; it just is. Allocative efficiency (setting P=MC) is one of the most widely-used measures of economic efficiency.
Yes, I do. The marginal cost pricing method is commonly used in utility pricing, whether publicly owned or privately owned and regulated. There are variants and additions to it (ATC Pricing, Rate-of-Return Regulation, subsidization, etc) that allow the energy producer to cover fixed costs (e.g., infrastructure), but prices are often set equal to the marginal cost of generation -- sometimes even below it, in fact.
Yes, I do. The marginal cost pricing method is commonly used in utility pricing, whether publicly owned or privately owned and regulated. There are variants and additions to it (ATC Pricing, Rate-of-Return Regulation, subsidization, etc) that allow the energy producer to cover fixed costs (e.g., infrastructure), but prices are often set equal to the marginal cost of generation -- sometimes even below it, in fact.
#85
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I love these threads, that start with a person completely misunderstanding manufacturing, ad thinking the cost involves only materials, when in fact the overhead, building, equipment, etc., as well as labor actually make up the majority of the cost of an item. Let's not mention the part that demand for said item affects the cost.
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#86
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What I wrote is neither dumb nor intelligent; it just is. Allocative efficiency (setting P=MC) is one of the most widely-used measures of economic efficiency.
Yes, I do. The marginal cost pricing method is commonly used in utility pricing, whether publicly owned or privately owned and regulated. There are variants and additions to it (ATC Pricing, Rate-of-Return Regulation, subsidization, etc) that allow the energy producer to cover fixed costs (e.g., infrastructure), but prices are often set equal to the marginal cost of generation -- sometimes even below it, in fact.
Yes, I do. The marginal cost pricing method is commonly used in utility pricing, whether publicly owned or privately owned and regulated. There are variants and additions to it (ATC Pricing, Rate-of-Return Regulation, subsidization, etc) that allow the energy producer to cover fixed costs (e.g., infrastructure), but prices are often set equal to the marginal cost of generation -- sometimes even below it, in fact.
Tell me a practical or any way to achieve what you wrote......
in other words, the most efficient outcome in your example would be to price the pill at $.02
#87
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I already answered this question...You just don't understand it:
And yet, when you flipped on your lights this morning, the electricity was probably priced equal to its marginal cost of generation -- perhaps even below MC, due to intertemporal and/or inter-user price discrimination.
The epithets and name-calling suggest that you are think this is a normative issue...But you're confused. This is how utilities (water, electricity, etc) are often priced; that's neither an opinion nor a recommendation -- it's just how it's done. There's no shame in not understanding the economics of it.
There are variants and additions to it (ATC Pricing, Rate-of-Return Regulation, subsidization, etc) that allow the energy producer to cover fixed costs (e.g., infrastructure), but prices are often set equal to the marginal cost of generation -- sometimes even below it, in fact.
The epithets and name-calling suggest that you are think this is a normative issue...But you're confused. This is how utilities (water, electricity, etc) are often priced; that's neither an opinion nor a recommendation -- it's just how it's done. There's no shame in not understanding the economics of it.
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No you don't. Otherwise you wouldn't have made this post.
Did you know that you can buy a motorbike for less than most mid and high level carbon road bikes?
https://www.yamahamotorsports.com/trail-motorcycle
A studded tire for my fat bike costs more than the 275/70/18 Goodyear tire on my truck.
Did you know that you can buy a motorbike for less than most mid and high level carbon road bikes?
https://www.yamahamotorsports.com/trail-motorcycle
A studded tire for my fat bike costs more than the 275/70/18 Goodyear tire on my truck.
Last edited by prj71; 06-08-22 at 08:56 AM.
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It's not 2 cents per pill, but it's less than a dime.
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I was talking about both.
German labor to make Brembo or Zimmermann rotors isn't the same as the labor costs of captives on China. Nonetheless, the $400 rotor at a dealer can be bought for $189, proving that most of the price to the consumer is NOT in the manufacturing.
As far as knowing how much it cost to have brakes done on a car, it is written in this thread.
German labor to make Brembo or Zimmermann rotors isn't the same as the labor costs of captives on China. Nonetheless, the $400 rotor at a dealer can be bought for $189, proving that most of the price to the consumer is NOT in the manufacturing.
As far as knowing how much it cost to have brakes done on a car, it is written in this thread.