17k for litre bikes - since when?

17k for litre bikes - since when?

Author
Discussion

Krikkit

26,582 posts

182 months

Thursday 14th June 2018
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Gavia said:
Bikes go up in price shocker! Most things go up in price a lot and it has bugger all to do with PCP, despite the snobs on here claiming it is. Sportsbikes had a list price of £9000 from the moment they were launched until 2008 when the world went into financial meltdown.
Why people are amazed about prices a decade on is beyond me and quite bizarre.
Correct - the hack and slash in 2008 particularly hit the Japanese bikes as the exchange rates went haywire, but they were due a bit of a revaluation as the Yen was really undervalued then anyway.

But yes, prices go up shocker. biggrin

WarnieV6GT

1,135 posts

200 months

Thursday 14th June 2018
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Only problem is that for most thier wages haven't kept up with inflation, hence the initial shock.

It's obviously affecting the 2nd hand market too when some bikes are fetching the same as they were, say 4-5 yrs ago with more miles on the clock.

No wonder the yoof aren't taking to biking as much these days.

YouWhat

118 posts

78 months

Thursday 14th June 2018
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Although inflation has something to do with it, I think cheap money and the popularity of PCP deals has allowed the manufactures to put the prices up. Quite simply if they were to expensive people wouldn't buy them and the prices would drop, but the monthly payments make it affordable. If your old school like me, then I look at the cost of the bike and if I dont have the cash to buy it, I don't have it, simple as that. But overall peoples attitude to debt is not the same as it was 30 yrs ago.

dern

14,055 posts

280 months

Thursday 14th June 2018
quotequote all
Krikkit said:
MC Bodge said:
dern said:
Completely stupid prices fuelled by incremental addition of features nobody needs. Engine modes... fk off.
And stratospheric levels of performance that may not be any use either.
That's been true for 25 years though, when was the last litre sports bike that you could absolutely use the performance on the road in anything but a short squirt?

Engine modes do seem a bit much, but I can also imagine a rain mode being quite useful to gentle the throttle response, it means the dry one can be more aggressive.

Things like quick shifters, cornering ABS etc have also come in don't forget.
Indeed.

My 2007 fireblade has st loads of power and is superb fun... it's perfectly safe in the rain and I don't need abs, quickshifters, engine modes and all that ste. It's just stuff for mags to write about and for punters to lust after once the bike's handling and power characteristics exceeded 99% of buyers requirements so that any further improvement weren't worth paying for.

Yes bikes go up in price but not as much as they have purely by inflation. It's all marketing driving sales to people who want *more*.

Also there's a gulf in between a deauville and the latest bullst dreamed up by some marketing department. Go and take a look at the specs page for the Kawasaki H2R and tell me how much of that crap you actually need and why it justifies a 25k price tag. That's the way we're going.

Harry H

3,421 posts

157 months

Thursday 14th June 2018
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I remember the day when a Golf GTI was a cheap Hot Hatch, family runabout. They're now £30K before you add a few extras.

Mt09/ Tracer bikes are still well below £10K and getting close to the performance of sports bikes of yester year. So bang for buck things haven't changed that much.

anonymous-user

55 months

Thursday 14th June 2018
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Companies also have to make money. If prices only rose with inflation then companies would struggle to be profitable. I think it is just the case that stuff gets more expensive, nothing more.

croyde

23,036 posts

231 months

Thursday 14th June 2018
quotequote all
Do what we did in the olden days if you want a cheap sports bike.

Buy a MT/Tracer/Street Triple and just stick some drop bars and rear sets on it and voila biggrin

Gavia

7,627 posts

92 months

Thursday 14th June 2018
quotequote all
YouWhat said:
Although inflation has something to do with it, I think cheap money and the popularity of PCP deals has allowed the manufactures to put the prices up. Quite simply if they were to expensive people wouldn't buy them and the prices would drop, but the monthly payments make it affordable. If your old school like me, then I look at the cost of the bike and if I dont have the cash to buy it, I don't have it, simple as that. But overall peoples attitude to debt is not the same as it was 30 yrs ago.
You “think” that the worldwide pricing structure of Japanese, Italian and German motorbike manufacturers has been driven by the popularity of PCP in the U.K. Yeah OK.



Pothole

34,367 posts

283 months

Thursday 14th June 2018
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YouWhat said:
. But overall peoples attitude to debt is not the same as it was 30 yrs ago.
No it's shifted from 150% mortgages at 6 times salary to £99-150 a month on a bike...

Gavia

7,627 posts

92 months

Thursday 14th June 2018
quotequote all
WarnieV6GT said:
Only problem is that for most thier wages haven't kept up with inflation, hence the initial shock.

It's obviously affecting the 2nd hand market too when some bikes are fetching the same as they were, say 4-5 yrs ago with more miles on the clock.

No wonder the yoof aren't taking to biking as much these days.
Yes, the price of second hand sportsbikes is the reason that kids aren’t riding bikes. It’s not like the licence laws mean they can’t access these second hand sportsbikes until they’ve got a lot older and taken a few more tests is it?

The twomposts I just quoted at epeople deciding what the reason is and then posting about it, rather than applying any rational thought to it.

Mr2Mike

20,143 posts

256 months

Thursday 14th June 2018
quotequote all
YouWhat said:
Although inflation has something to do with it, I think cheap money and the popularity of PCP deals has allowed the manufactures to put the prices up.
I strongly suspect volume sales have fallen as well, certainly for sports bikes.

dern said:
Yes bikes go up in price but not as much as they have purely by inflation. It's all marketing driving sales to people who want *more*.
Inflation calculator. £9k in 1998 is now £15.5k so inflation is the primary driver.

Edited by Mr2Mike on Thursday 14th June 10:22

Gavia

7,627 posts

92 months

Thursday 14th June 2018
quotequote all
dern said:
Indeed.

My 2007 fireblade has st loads of power and is superb fun... it's perfectly safe in the rain and I don't need abs, quickshifters, engine modes and all that ste. It's just stuff for mags to write about and for punters to lust after once the bike's handling and power characteristics exceeded 99% of buyers requirements so that any further improvement weren't worth paying for.

Yes bikes go up in price but not as much as they have purely by inflation. It's all marketing driving sales to people who want *more*.

Also there's a gulf in between a deauville and the latest bullst dreamed up by some marketing department. Go and take a look at the specs page for the Kawasaki H2R and tell me how much of that crap you actually need and why it justifies a 25k price tag. That's the way we're going.
Why’ve you got disc brakes? Or fuel injection? Or the extra 100cc? And all the other stuff the 2007 model had over the 1997 model? The older model was perfectly safe.

In fact why’ve you bought a Japanaese bike, what’s wrong with those good old British bikes with hand gearshifts?

An H2R is £50,000 btw and not road legal

What you really mean, is you can’t afford anything better, so pretend to look down your nose at others who can, when the reality is that you’re consumed with envy.

croyde

23,036 posts

231 months

Thursday 14th June 2018
quotequote all
As an aside the idea of PCP on a bike fills me with dread.

I presume you need fully comp insurance and will be constantly claiming to fix dings, scrapes and dents.

Which will make things a lot more expensive.

Or am I wrong?

Gavia

7,627 posts

92 months

Thursday 14th June 2018
quotequote all
croyde said:
As an aside the idea of PCP on a bike fills me with dread.

I presume you need fully comp insurance and will be constantly claiming to fix dings, scrapes and dents.

Which will make things a lot more expensive.

Or am I wrong?
I’ve never done PCP, but why do you think you would be constantly be claiming?

Kiwi79

Original Poster:

880 posts

235 months

Thursday 14th June 2018
quotequote all
Gavia said:
This thread seems to be full of Honda Jazz drivers and Deauville riders.

Bikes go up in price shocker! Most things go up in price a lot and it has bugger all to do with PCP, despite the snobs on here claiming it is. Sportsbikes had a list price of £9000 from the moment they were launched until 2008 when the world went into financial meltdown. Since then they’ve risen in price, initially they had a big jump to c£13-15000, then they’ve steadily risen since, more or less in line with inflation. The big jump was a one off market adjustment that was probably needed, but was a surprise.

Why people are amazed about prices a decade on is beyond me and quite bizarre.
No Honda jazz in the fleet at the moment (although my mum has one). I don’t think it’s that bizarre a question when you consider that car prices have not jumped in the same way, even your own reply acknowledges the biggest jump % wise (some 40-50 increase) came from post 08 market correction. I wonder if they sell as many litres of if more people have gone for mid size bikes like the street triple

Esceptico

7,586 posts

110 months

Thursday 14th June 2018
quotequote all
Depends on your perspective.

Are litre bikes today more expensive than 10 years ago? Without doubt.

When compared to comparable cars (which are all north of £100k) - are they still a bargain? I think yes too.

Prof Prolapse

16,160 posts

191 months

Thursday 14th June 2018
quotequote all
I think it's already been said, but £10,000 in 1999 is approximately equal to £16,800 in 2018. (http://inflation.iamkate.com), so presumably that's the bulk of the mystery solved.

With cheap credit also available owing to a fked economy and a phenomenal amount of kit available on new bikes, I'm not convinced finacially there's been a better time to buy a motorcycle if you have the cash. Therein lies the rub however, a "recovering" economy also means that many don't have the expendable income so the perception is things are getting more expensive, but actually many are just getting poorer.

So bikes are the same price and offer more for the money, if you think they're getting more expensive it's probably just because you're being screwed.

Just my two pence of course..






croyde

23,036 posts

231 months

Thursday 14th June 2018
quotequote all
Gavia said:
I’ve never done PCP, but why do you think you would be constantly be claiming?
Just thinking that a PCP bike has to be returned in perfect condition thus you'll be having to fix things that you'd normally live with if it wasn't a rental.

Many of my bikes have not fared too well from being parked outside.

Gavia

7,627 posts

92 months

Thursday 14th June 2018
quotequote all
croyde said:
Just thinking that a PCP bike has to be returned in perfect condition thus you'll be having to fix things that you'd normally live with if it wasn't a rental.

Many of my bikes have not fared too well from being parked outside.
Except they don’t have to be returned in perfect condition, nor do cars. Obviously there will be a limit to what’s acceptable, but there’s no way a contract like you’ve described could be enforced.

I think you’re deciding on certain things being true without actually investigating whether that’s the case or not.

Gavia

7,627 posts

92 months

Thursday 14th June 2018
quotequote all
Kiwi79 said:
No Honda jazz in the fleet at the moment (although my mum has one). I don’t think it’s that bizarre a question when you consider that car prices have not jumped in the same way, even your own reply acknowledges the biggest jump % wise (some 40-50 increase) came from post 08 market correction. I wonder if they sell as many litres of if more people have gone for mid size bikes like the street triple
Really? In 2002 I bought a BMW 330Ci brand new for £32000, the same car now is nearer £50000. Cars have rocketed in price.

The market adjustment was to correct the prior decades’s zero inflation.

The market has changed, as fewer younger riders are coming through (all sorts of reasons for that), so the older riders move to other types of bikes, like nakeds (there are more bikes than Triumphs available), or the huge boom in GS sales following the popularity of The Long Way Round / Down.