Originally Posted by
prj71
My marketplace spans out further than WI. Lots of people that bought bikes during Covid are now unloading them.
The hell they didn't. My mountain bike that I purchased in 2020 for $5200 shot up to $6800 in 2021 and now it's recently "on sale" for $5500". That scenario played out all across the industry with a majority of the major bike manufacturers.
I hope people slow down on buying bikes for a bit so that "sales" keep going on to bring bikes down to a more reasonable price.
Those prices were meaningless, since COVID effects on production in Asia meant that there were effectively no bikes in the stores to sell for over a year. The whole bike industry (from manufacturers down to bike dealers), like many others, lost money during that time.