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Old 03-20-24, 10:20 PM
  #92  
Fredo76
The Wheezing Geezer
 
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Join Date: Oct 2021
Location: Espaņola, NM
Posts: 1,101

Bikes: 1976 Fredo Speciale, Rivendell Clem Smith Jr., Libertas mixte

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Mid-'70s TOTL bikes were about 5 times as expensive as BOTL bikes, say $100 for a basic, decent bike-store bike, and $500 for a racer or TOTL tourer.

According to the inflation calculator I used, 100 1974 dollars is $629 now, but I bought a basic, decent bike-store bike (Jamis Citizen 1) for about $500 just before the pandemic.

If you take $500 as the new BOTL price, and $15K as the TOTL price, now TOTL bikes are about 30 times as expensive!

Racing may improve the breed, but it's marketing that improves the margins.
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