Go Back  Bike Forums > Bike Forums > General Cycling Discussion
Reload this Page >

My new $7,000 bike and the futility of justifying the price to the average person.

Notices
General Cycling Discussion Have a cycling related question or comment that doesn't fit in one of the other specialty forums? Drop on in and post in here! When possible, please select the forum above that most fits your post!

My new $7,000 bike and the futility of justifying the price to the average person.

Old 02-17-15, 12:16 AM
  #26  
hueyhoolihan
Senior Member
 
Join Date: Dec 2010
Location: Above ground, Walnut Creek, Ca
Posts: 6,682

Bikes: 8 ss bikes, 1 5-speed touring bike

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 86 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
the heck with justifying the price of a bike.

i'm having trouble imagining the average american that smokes a pack of cigarettes, drinks a six-pack of beer, and smokes several joints each and every day of the year.

Okay, my brother-in-law does, but he's not average.
hueyhoolihan is offline  
Old 02-17-15, 12:47 AM
  #27  
79pmooney
A Roadie Forever
 
79pmooney's Avatar
 
Join Date: Oct 2014
Location: Portland, OR
Posts: 7,453

Bikes: (2) ti TiCycles, 2007 w/ triple and 2011 fixed, 1979 Peter Mooney, ~1983 Trek 420 now fixed and ~1973 Raleigh Carlton Competition gravel grinder

Mentioned: 97 Post(s)
Tagged: 0 Thread(s)
Quoted: 1879 Post(s)
Likes: 0
Liked 256 Times in 188 Posts
Originally Posted by AlmostTrick View Post
Cuz they're smoking' weed and drinking beer with your money... Duh!
Uh, the average bike shop employee doesn't make a whole lot of money, yours or anybody else's. And that owner who does get your money is thinking something like "Finally got that $3500 window dressing (cost to him) out of here. Now I can pay the rent."

I'm sure you have heard the surefire way to make a small fortune. Start with a large one and buy a bike shop.

Ben
79pmooney is offline  
Old 02-17-15, 01:44 AM
  #28  
Lt Stonez
Senior Member
 
Join Date: Aug 2014
Location: Skien Norway
Posts: 425

Bikes: Specialized Sirrus Comp Carbon Disc '14

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 78 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Ok think he only wants support for spending 7k on his bike. And yes, its true beer, smoke and weed cost 1k month If your a happy boy In NORWAY. I now Yes it is a expencive country.
So the reialityes is money in bank or dreambike or start drinking,smoking/weed. Go for the dreambike man. Dont need to justify a new bike to others, thats private. But one thing? Its 2015, were is the disc breakes? If you also gonna have this bike for 6 years i would atleast think about the disc breakes
Have fun an enjoy your dreambike
Lt Stonez is offline  
Old 02-17-15, 03:34 AM
  #29  
Ray9
Senior Member
Thread Starter
 
Join Date: Sep 2013
Location: New England
Posts: 260

Bikes: Cannondale six-13

Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 66 Post(s)
Likes: 0
Liked 6 Times in 3 Posts
The part about justifying it to myself is probably somewhat accurate but I made the mistake of telling a coworker what I paid and now it's out there for public consumption. I gave up alcohol twenty years ago and weed forty years ago. I don't think most people realize what they spend on some of this stuff. I'm 68 in March and thankful that I began taking care of myself years ago. I have a lot of disposable income now and well, I'm spending it.
Ray9 is offline  
Old 02-17-15, 05:31 AM
  #30  
gregjones 
Senior Member
 
gregjones's Avatar
 
Join Date: Aug 2012
Location: West Georgia
Posts: 2,823

Bikes: K2 Mod 5.0 Roadie, Fuji Commuter

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 20 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by tcarl View Post
If someone asks me the cost of my bike(s) I just tell them $200. They don't know the difference, but it seems believable to them. Those who know the truth don't need to ask.
I live in a bike free/SUV laden zone. Not much around for the crackheads except to steal anything that they can easily get their hands on. I use the secrecy of the true costs as an anti-theft measure.
__________________
Current Bike Stages--Click PR Logo
PedalRoom
gregjones is offline  
Old 02-17-15, 06:41 AM
  #31  
BlazingPedals
Senior Member
 
BlazingPedals's Avatar
 
Join Date: Dec 2004
Location: Middle of da Mitten
Posts: 11,212

Bikes: Trek 7500, RANS V-Rex, Optima Baron, Velokraft NoCom, M-5 Carbon Highracer, Catrike Speed

Mentioned: 10 Post(s)
Tagged: 0 Thread(s)
Quoted: 1035 Post(s)
Liked 118 Times in 87 Posts
Everyone spends their money differently. I'd rather have bikes than a fancy SUV. The difference in cost between what I drive and what some people drive can easily buy a couple of bikes.
BlazingPedals is offline  
Old 02-17-15, 08:19 AM
  #32  
GP 
Senior Member
 
GP's Avatar
 
Join Date: May 2004
Posts: 7,628
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 28 Post(s)
Liked 0 Times in 0 Posts
Originally Posted by Ray9 View Post
I have a lot of disposable income now and well, I'm spending it.
The best retirement plan is when your last check bounces.
GP is offline  
Old 02-17-15, 08:35 AM
  #33  
obed7
Senior Member
 
obed7's Avatar
 
Join Date: Jan 2015
Location: Porter, Texas
Posts: 4,125

Bikes: Trek Domane 5.2, Ridley Xfire, Giant Propel, KHS AeroComp

Mentioned: 8 Post(s)
Tagged: 0 Thread(s)
Quoted: 1648 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Never justify things to folks... folks who matter understand.
obed7 is offline  
Old 02-17-15, 11:26 AM
  #34  
fietsbob 
coprolite
 
fietsbob's Avatar
 
Join Date: Jun 2010
Location: NW,Oregon Coast
Posts: 41,369

Bikes: 8

Mentioned: 188 Post(s)
Tagged: 0 Thread(s)
Quoted: 6952 Post(s)
Liked 274 Times in 223 Posts
Does it have a Snow Blower attachment ? You Need that, now, where you Live.


A lot of people on this forum dont get why a German made 14 speed IGH is a good investment
but OK with dropping More on a 11 speed cassette carbon fiber crank that will go thru a lot of expensive chains, cassettes
and chainrings , and in the same time cost More..

Do as You May Like there is a zillion different shiny things out there,, wanting that charge card swipe of debt.

Last edited by fietsbob; 02-25-15 at 02:39 PM.
fietsbob is offline  
Old 02-17-15, 11:36 AM
  #35  
Farmer Dave
Senior Member
 
Farmer Dave's Avatar
 
Join Date: Jun 2011
Location: Rogue River, OR
Posts: 281

Bikes: 2010 Globe Vienna Disc 3

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by MRT2 View Post
What if you like to ride bikes, smoke weed, and drink beer?
This.
Farmer Dave is offline  
Old 02-17-15, 12:57 PM
  #36  
Jim from Boston
Senior Member
 
Jim from Boston's Avatar
 
Join Date: May 2008
Posts: 7,146
Mentioned: 47 Post(s)
Tagged: 0 Thread(s)
Quoted: 745 Post(s)
Liked 115 Times in 97 Posts
My new $7,000 bike and the futility of justifying the price to the average person.

Originally Posted by Ray9 View Post
The average cost of a pack Marlboro Reds in the US is $9.73. The average cost of a six pack of Bud in the US is $7.25. The average weed smoker in the US spends about $2500 in a year according to a weed smoker I know (this may be more or less). $9.73+$7.25 = $16.98 a day for the booze and butts. $2500/365= about $7 a day for weed. $16.98+$7 = $23.98 a day. $23.98 x 365 = $8,752.70 in a year for the average American to satisfy his or her self gratification. $8,752-$7000 = - $1,1752. So I'm still short since I do not smoke tobacco, consume alcohol or use weed…

This is the best way I can explain the cost. People look very confused and dumb when I explain it this way...

Originally Posted by FBinNY View Post
Why discuss this with ANYBODY except your spouse (if any). … Ride your bike and play your cards closer to your chest.

Originally Posted by Machka View Post
+1 Absolutely!...Was the whole point of this thread just a way of announcing that you got a new bicycle?

And/or are you trying to justify the bicycle to yourself?
Originally Posted by Ray9 View Post
The part about justifying it to myself is probably somewhat accurate but I made the mistake of telling a coworker what I paid and now it's out there for public consumption. I gave up alcohol twenty years ago and weed forty years ago. I don't think most people realize what they spend on some of this stuff. I'm 68 in March and thankful that I began taking care of myself years ago…
Frankly, besides justifying your purchase to yourself, I detect a hint of self-righteousness in your detailed analysis of costs of the habits of other, “average” (read: lesser) individuals compared to the monetary value of your superior cycling lifestyle. Kind of like the so-called “reformed smoker.” Nonetheless, you’re speaking to the choir here, a better informed and receptive audience.

Many years ago in the slick, local glossy Boston Magazine was a cover story showing an athletic woman as I recall, with the approximate title, ”They Work Out And Think They Are Better Than You.” I didn’t read the article, but the title expresses an obvious attitude.

A similar attitude, to save someone from themselves through cycling, was this thread ”Face Palm - Some People Just Don't Get It”:

Originally Posted by Myosmith View Post
Last evening I had yet another conversation with someone who just can't grasp the concept of a bicycle as serious transportation or fitness equipment for adults…He liked the sound of the ogre and asked how much they cost. Not knowing for sure, I estimated between $1,000 and $1,500.

"WHAT? A grand for a bicycle?" he said half shocked, half scoffing. "I'm not looking for some expensive racing bike. I just want to ride around and lose a few pounds."… He probably has several thousand invested in hunting and fishing gear, all of which he considers reasonable. He's not going to be on Lifestyles of the Rich and Famous, but he is not without resources.

Why is it that people can't grasp the value of a good bicycle when they will spend hundreds or thousands on any number of other items without batting an eye?

Originally Posted by Dudelsack View Post
Noncyclists. Philistines all.
I think a more appropriate discussion of explaining costs of a fine bike to a non-cyclist was asked on this thread, “Do you tell strangers how much your bike costs?"

Originally Posted by Jim from Boston View Post
…My trusted mechanic said here’s the bike you want, knowing my riding style. Well the MSRP was $8000, but he got it for me at half off.

Now, considering the attitude most non- or occasional cyclists towards bicycles and prices, I’m frankly somewhat embarrassed to admit to paying so much, sounding like some over-the-top conspicuous consumption. Personally, I can afford it, and it was an offer I could not refuse. Cycling is that important to me and I’m fortunate to be able to continue the lifestyle, so that puts it in perspective for me.

I’m not that conversant with the technical specifics, nor may anyone asking the price, so the price becomes a common reference to tell what a fine piece of machinery it is. But I would nonetheless admit the price only to a close acquaintance in serious conversation.

Originally Posted by Jim from Boston View Post
I once read this description of a "nice" bike, "Lighter than a f@rt, and more expensive than a divorce."

Last edited by Jim from Boston; 02-17-15 at 01:18 PM.
Jim from Boston is online now  
Old 02-17-15, 01:01 PM
  #37  
shelbyfv
Senior Member
 
shelbyfv's Avatar
 
Join Date: Jun 2007
Posts: 6,008
Mentioned: 26 Post(s)
Tagged: 0 Thread(s)
Quoted: 1376 Post(s)
Liked 449 Times in 285 Posts
Most will agree that this is a bragging thread. Where the brag fails is 68 and still working. Should be out riding the bike!
shelbyfv is offline  
Old 02-17-15, 01:14 PM
  #38  
wphamilton
Senior Member
 
wphamilton's Avatar
 
Join Date: Apr 2011
Location: Alpharetta, GA
Posts: 14,805

Bikes: Nashbar Road

Mentioned: 70 Post(s)
Tagged: 0 Thread(s)
Quoted: 2676 Post(s)
Liked 121 Times in 84 Posts
Originally Posted by MAK View Post
True story...I'm teaching a university business law class and as an example I say, "Suppose I'm selling one of my bikes for $200 and another for $2,000, how might the contracts differ in form?" The class laughed and someone said, "Who would spend $2,000 on a bike, is it made of solid gold?"

So much to teach and so little time.
I'm more curious about the question. I'd have guessed, other than the $200 would be cash and carry as is, the contracts would be about the same. What's the answer?
wphamilton is offline  
Old 02-17-15, 02:52 PM
  #39  
Ray9
Senior Member
Thread Starter
 
Join Date: Sep 2013
Location: New England
Posts: 260

Bikes: Cannondale six-13

Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 66 Post(s)
Likes: 0
Liked 6 Times in 3 Posts
Originally Posted by shelbyfv View Post
Most will agree that this is a bragging thread. Where the brag fails is 68 and still working. Should be out riding the bike!
I'd be be retired if my wife was old enough to retire. Her employer dropped her health insurance so I put her on mine which is an excellent and generous plan. Three more years.
Ray9 is offline  
Old 02-17-15, 02:55 PM
  #40  
Nightshade
Humvee of bikes =Worksman
 
Nightshade's Avatar
 
Join Date: May 2004
Posts: 5,362
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 8 Post(s)
Likes: 0
Liked 1 Time in 1 Post
Originally Posted by Machka View Post
Was the whole point of this thread just a way of announcing that you got a new bicycle?


And/or are you trying to justify the bicycle to yourself?
Good points both !

When it comes to what you buy the only person that you have account to is your wife ....... your life partner. (if you have a wife)

The rest of the world can suck eggs !!
__________________
My preferred bicycle brand is.......WORKSMAN CYCLES
I dislike clipless pedals on any city bike since I feel they are unsafe.

Originally Posted by krazygluon
Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred, which one would you rather have under your butt at 30mph?
Nightshade is offline  
Old 02-17-15, 03:08 PM
  #41  
MAK
Member
 
Join Date: Jun 2005
Location: Delaware
Posts: 1,423

Bikes: Yes, I have bikes.

Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 163 Post(s)
Likes: 0
Liked 23 Times in 11 Posts
Originally Posted by wphamilton View Post
I'm more curious about the question. I'd have guessed, other than the $200 would be cash and carry as is, the contracts would be about the same. What's the answer?
A $200 contract can be perfectly valid if oral (harder to prove, but still valid) but a $2,000 contract needs to be in writing or either side can get out of the agreement prior to the actual exchange of the money and bike. There's a law called the Statute of Frauds that says that any contract for the sale of goods of $500 or more must be evidenced by a writing to be fully enforceable. FYI...Once the bike and money are exchanged the rule ceases to apply.
MAK is offline  
Old 02-17-15, 03:11 PM
  #42  
Little Darwin
The Improbable Bulk
 
Little Darwin's Avatar
 
Join Date: Jul 2005
Location: Wilkes-Barre, PA
Posts: 8,401

Bikes: Many

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 1 Time in 1 Post
Honestly, I don't recall anyone ever asking me how much my bike was... I have been asked them much someone should spend for a reasonable bike.

While my personal bias is that $7,000 bikes belong in the realm of riders good enough to have sponsors buy them, I don't begrudge anyone deciding how they want to spend their money.

Surely a bicycle is a better value than vices, but does anyone really know someone who smokes a pack a day while drinking a six pack, and spending $7 a day on weed? Back in my day, that would be a half an ounce every day, but I know there has been massive inflation in the cost of weed since then. But why stop there... Why not say that someone using heroine spends $100 per day, or $36,500... then you can feel like a cheap skate.

Unless you buy a new bike every year, and if you feel compelled to announce then justify your expense, then simply express that $7,000 - $2,000 (resale value) = $5,000 divided by 3 years * 365 days per year is about $4.50 per day. Many people would have no hesitation to fritter away $5 per day on something they enjoyed, whatever that might be.

But honestly, the average person is going to make assumptions, and I wouldn't worry about them or specific numbers.... let them think whatever they want and leave the math to them... Just tell them that when you amortize it over 3 years, it is perfectly reasonable amount to spend on a daily basis for something you love. This would make almost any investment seem realistic, and also avoid scaring someone away from cycling because it is too expensive.
__________________
Slow Ride Cyclists of NEPA

People do not seem to realize that their opinion of the world is also a confession of character.
- Ralph Waldo Emerson
Little Darwin is offline  
Old 02-17-15, 03:21 PM
  #43  
Grillparzer
Grillparzer
 
Grillparzer's Avatar
 
Join Date: Aug 2009
Location: Silver Spring, MD
Posts: 640

Bikes: Surly Cross Check

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 2 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
If I had $7000 to spend on a bike, I would probably spend most of it and get a Rivendell. As it is, I own a Cross Check and justified it's purchase almost the same way the OP did. When I ride to work I'm not spending money on trains, buses, and taxis, so after one year of owning it the bike is half paid for. Of course the upgrades I've made will probably cost me another year.

This worked better in Alabama than it would in Maryland, but if someone displayed shock at how much I paid for a bike, I'd ask them about their hobbies. Do they hunt? Do they own a fishing boat? People who answered yes realized quickly that while my hobby might be different, theirs involved a similar financial investment.

Last edited by Grillparzer; 02-17-15 at 03:27 PM.
Grillparzer is offline  
Old 02-17-15, 03:23 PM
  #44  
wphamilton
Senior Member
 
wphamilton's Avatar
 
Join Date: Apr 2011
Location: Alpharetta, GA
Posts: 14,805

Bikes: Nashbar Road

Mentioned: 70 Post(s)
Tagged: 0 Thread(s)
Quoted: 2676 Post(s)
Liked 121 Times in 84 Posts
Originally Posted by MAK View Post
A $200 contract can be perfectly valid if oral (harder to prove, but still valid) but a $2,000 contract needs to be in writing or either side can get out of the agreement prior to the actual exchange of the money and bike. There's a law called the Statute of Frauds that says that any contract for the sale of goods of $500 or more must be evidenced by a writing to be fully enforceable. FYI...Once the bike and money are exchanged the rule ceases to apply.
Thanks. I hadn't thought of that since a course decades ago, probably similar to the one you're teaching. That makes perfect sense.
wphamilton is offline  
Old 02-17-15, 05:02 PM
  #45  
AlmostTrick
Tortoise Wins by a Hare!
 
AlmostTrick's Avatar
 
Join Date: Feb 2006
Location: Looney Tunes, IL
Posts: 6,644

Bikes: Wabi Special FG, Raleigh Roper, Nashbar AL-1, Miyata One Hundred, '70 Schwinn Lemonator and More!!

Mentioned: 17 Post(s)
Tagged: 0 Thread(s)
Quoted: 1175 Post(s)
Liked 217 Times in 133 Posts
OP should have saved 5 grand and just gotten the $2000 solid gold bike.

Last edited by AlmostTrick; 02-17-15 at 05:12 PM.
AlmostTrick is online now  
Old 02-17-15, 05:33 PM
  #46  
scott967
Senior Member
 
Join Date: Oct 2013
Location: Oahu, HI
Posts: 1,135

Bikes: 89 Paramount OS 84 Fuji Touring Series III New! 2013 Focus Izalco Ergoride

Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 200 Post(s)
Likes: 0
Liked 5 Times in 4 Posts
I suppose for most people if you showed them a Porsche and Kia, they have been conditioned to expect the Porsche to be much more expensive and much "better". If you show them your Super Record EPS, they would just shrug their shoulders.

scott s.
.
scott967 is offline  
Old 02-17-15, 05:38 PM
  #47  
GravelMN
Senior Member
 
GravelMN's Avatar
 
Join Date: May 2014
Location: Rural Minnesota
Posts: 1,604
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 73 Post(s)
Likes: 0
Liked 1 Time in 1 Post
Originally Posted by wolfchild View Post
Spending $7000 dollars on a bicycle is futility... I could easily purchase 4-5 different bikes with that amount of money, instead of wasting all that money on just one bike, and I would still have some change left to buy many cases of beer. I bet all the LBS employees are having a great big laugh amongst themselves every time they sell such an expensive bike to somebody.
Or you could go to Walmart and purchase 50 bicycles. I don't understand your point. Do you think a car dealership chuckles at the guy who just bought a Jaguar XK Coupe just because a Toyota Camry only costs 1/4 as much?

Rarely has anyone asked how much one of my bikes cost. A more frequent question comes from people who are interested in getting into one form or another of cycling and want to know what a "good" bike costs. My most expensive bike with upgraded wheels cost under $1,200 and I still have people giving me the "I could easily purchase 4-5 different bikes with that amount of money" or something similar. It's all a matter of perspective.

Last edited by GravelMN; 02-17-15 at 05:51 PM.
GravelMN is offline  
Old 02-17-15, 05:50 PM
  #48  
FrenchFit 
The Left Coast, USA
 
FrenchFit's Avatar
 
Join Date: Feb 2008
Posts: 3,759

Bikes: Bulls, Bianchi, Koga, Trek, Miyata

Mentioned: 8 Post(s)
Tagged: 0 Thread(s)
Quoted: 360 Post(s)
Liked 18 Times in 11 Posts
$7000 could build a school or raise an entire village out of poverty many places it the world, help send a poor local kid to college - and if I were to feeling my age that what I'd say to someone who told me about this purchase over cocktails. Not feeling my age, I'd simply say 'rock on dude; USA!, USA!'.

Maybe that's not the feedback you were looking for....
FrenchFit is offline  
Old 02-17-15, 05:55 PM
  #49  
Pistard
Senior Member
 
Pistard's Avatar
 
Join Date: Aug 2011
Location: Columbia county, NY
Posts: 572
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 13 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Just could have said, I got a new bike, here we know costs, , explanation unnecessary, people spend 7k on cars, that would be better understood.
Pistard is offline  
Old 02-17-15, 07:05 PM
  #50  
wolfchild
Senior Member
 
wolfchild's Avatar
 
Join Date: Feb 2008
Location: Mississauga/Toronto, Ontario canada
Posts: 5,817

Bikes: I have 3 singlespeed/fixed gear bikes

Mentioned: 21 Post(s)
Tagged: 0 Thread(s)
Quoted: 1530 Post(s)
Likes: 0
Liked 196 Times in 114 Posts
Originally Posted by fietsbob View Post
Does it have a Snow Blower attachment ? You Need that, now, where you Live.
For that price it should at least include heated handlebars, heated saddle and heated pedals.
wolfchild is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.