17k for litre bikes - since when?

[Kiwi79]

What’s happened to bike prices? Stepped away from biking after my previous R1 went to bike heaven about 8 years ago. At the time I’m pretty sure an R1/gsxr etc was around 10k. Now I get an ad on Facebook, click through and see new gsxr is almost 17k. Insane - who buys these new? Surely this puts the litre bike out of range of most as a toy/weekend thing or has it all gone lease deals like cars?

[Kiwi79]

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

[Kiwi79]

Gavia said:

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.

How much was that BMW in 08, then how much was it in 09 or 10, cars don't seem to have had the kind of step change you mention which bikes have had.

[Kiwi79]

gareth_r said:

Where Japanese bikes are concerned, check out the £/Yen exchange rate pre and post the "global financial crisis".

11 years ago today, £1 bought c. 242 Yen.
9 years ago today it was c. 162 Yen.
Today it's c. 147 Yen.

Just on currency conversion, a bike that cost £10,000 in 2007 would be £16,500 today.

Source: https://www.xe.com/currencytables/

That's pretty interesting reading. Does that make Ero bikes like Ducatis and KTMs more affordable, I suppose the exchange rate with the Euro is just as toilet now vs 2000s so probably that's a no!