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What was the original MSRP for a 79 Raleigh Competition GS?

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What was the original MSRP for a 79 Raleigh Competition GS?

Old 01-31-20, 03:42 PM
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tammons
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What was the original MSRP for a 79 Raleigh Competition GS?

What was the original MSRP for a 79 Raleigh Competition GS?
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Old 01-31-20, 04:57 PM
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rhm
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I was working in a bike shop in '80-"81 and we sold one for somewhere around $650 if I recall correctly. Seems to me prices were gradually rising in those days, so in "79 it might have been $625.


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Old 01-31-20, 05:48 PM
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Thanks
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Old 01-31-20, 08:59 PM
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prices were changing fast back in those days!
It was just $330 in 1976...



Inflation was nuts back in the late 70's and early 80's. Well over 10%/year, IIRC.

Steve in Peoria
(of course, a bank savings account actually paid a decent rate too, so there was some balance)
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Old 01-31-20, 09:38 PM
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Try 13-15% inflation. A Pro MK V was nearly 1,000 by mid 1978.
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Old 01-31-20, 10:17 PM
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Originally Posted by cadillacmike68 View Post
Try 13-15% inflation. A Pro MK V was nearly 1,000 by mid 1978.
You got that right. Double digit home mortgage interest rates. Very fast runup in housing prices. 16% interest on a 4-year bank CD. (!)

I do know the Raleigh Super Course was selling for $125 in March 1971, when I paid $150 for the American Eagle Semi-Pro (Nishiki Competition). The next year the going rate for a Peugeot PX-10 was about $260.
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