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Cost of bike parts vs car parts

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Old 06-07-22, 04:07 PM
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Originally Posted by GhostRider62
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.
I've price checked the two reputable indies in my area, and their prices are very comparable to my dealers. Because of that, I just use the dealer. Since I've bought multiple cars from it, and have had them serviced there, we get very good treatment, loan cars, and invites to special events. I could probable find some lower cost service, but the additional drive time and inconvenience factor into the decision. I don't have the desire or knowledge to wrench it myself.

There is a Porsche tax, but I knew that going in.
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Old 06-07-22, 04:18 PM
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Originally Posted by GhostRider62
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.
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.
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Old 06-07-22, 05:03 PM
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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.

Last edited by big chainring; 06-07-22 at 05:11 PM.
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Old 06-07-22, 08:13 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.
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Old 06-08-22, 04:46 AM
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[QUOTE=Koyote;22534351]
Originally Posted by GhostRider62
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.
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.
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Old 06-08-22, 04:47 AM
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Originally Posted by big chainring
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.

Nice car.

Can you still get diesel in Illinois?
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Old 06-08-22, 05:13 AM
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Originally Posted by phughes
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.
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.
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Old 06-08-22, 05:50 AM
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Originally Posted by GhostRider62
Nice car.

Can you still get diesel in Illinois?
Yes sir.
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Old 06-08-22, 06:47 AM
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Originally Posted by GhostRider62
What you wrote is one of the dumbest things I have ever read.
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.

Originally Posted by GhostRider62
Do you know anything about regulated industry? Or any industry?
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.
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Old 06-08-22, 06:50 AM
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Originally Posted by phughes
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.
Hey, it's a rant and those usually involve misunderstanding something. Actually I did briefly mention understanding the economies of scale, implying other manufacturing costs as well. But the point of the rant was that there are too many cars being driven and not enough bikes being ridden, that the economies of scale should be skewed the other way. A few posters here have indicated that they cycle more miles than they drive, and I salute them.
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Old 06-08-22, 07:04 AM
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Originally Posted by Koyote
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.
Well, you know why God invented Economists? To make the Weathermen look good.

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
If the cost of raw materials are 2 cents, there is no way to price a tablet at 2 cents, even in a Leninist's special dream.
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Old 06-08-22, 08:22 AM
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Originally Posted by GhostRider62
Tell me a practical or any way to achieve what you wrote......
I already answered this question...You just don't understand it:
Originally Posted by Koyote
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.

Originally Posted by GhostRider62
If the cost of raw materials are 2 cents, there is no way to price a tablet at 2 cents, even in a Leninist's special dream.
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.


​​​​​​
Originally Posted by GhostRider62
Well, you know why God invented Economists? To make the Weathermen look good.

, even in a Leninist's special dream.
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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Old 06-08-22, 08:37 AM
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Originally Posted by andrewclaus
I get the economies of scale...
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.

Last edited by prj71; 06-08-22 at 08:56 AM.
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Old 06-08-22, 09:30 AM
  #89  
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Originally Posted by GhostRider62
Well, you know why God invented Economists? To make the Weathermen look good.

Tell me a practical or any way to achieve what you wrote......



If the cost of raw materials are 2 cents, there is no way to price a tablet at 2 cents, even in a Leninist's special dream.
Oh ffs, want to contrast the difference in prices between generic drugs and ones with patent protection? I pay $8 for a 3 month supply of my generic bp med, it's below the deductible, so that's the whole cost.
It's not 2 cents per pill, but it's less than a dime.
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Old 06-08-22, 10:41 AM
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Originally Posted by GhostRider62
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.
You are missing a lot. Demand for a part plays a part. Overhead of a business plays a part. The labor at the dealership plays a part. Ever run a business? Some businesses are more streamlined than others. Some can offer steep discounts. Some places charge a premium. That doesn't change the fact that the materials that make up a bicycle brake pad are not the deciding factor on the price of said pad. There is a lot more to it than that, and that was specifically what I was talking about.
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