I have been trying to decide on the ebike I wanted ( my first) and could afford. Stunner X sold out. I had just about made up my mind to buy the Juggernaut Classic.looks ike the latest price increase takes Biktrix out of the running for me for my first bike. Go with cheaper alternative. Looks like ebike prices generally are going up about as fast as US gasoline since the election.
Price increase
- Thread starter Jbiker1
- Start date
Ridetoglide
Active Member
- Region
- USA
The cost of everything is going up..... the economy is about to tank
mjeds
Well-Known Member
- Region
- USA
The cost of everything is going up due to the high Levels of stress Covid put on the supply chain of the majority of products, especially electronics.
with production lines running at 25% capacity for the last 6-8 months supply is short. Computer prices and their related parts have doubles and tripled int he past 3 months. The laptops my company used to buy for the employees that were $1,500 are now $2,900 for the EXACT same laptop, same model, same configuration.
The general rule is the higher the price, the lower the quantity demanded, in order to prevent being unable to fulfill orders companies are raising prices to slow purchasing until the supply lines can catch back up to demand. At which point “sale” prices will hit everything.
I suspect this practice will remain for at least a year. Whether the economy tanks as a result will remain to be seen, but based on the idiocy that is controlling the US government now I suspect Ridetoglide is right and we will see a repeat of 2008.
Politicians (I don’t care which side of the counterfeit coin they are on) can’t get it through their collective heads that raising taxes does not increase the government coffers. Higher taxes usually results in lower employment, therefore less people paying taxes, so raising them does help us get ahead, it keeps us stagnant or makes us fall behind. And historically any government that taxes their people higher than 50% fails, and the US is slowly reaching that mark. And by 50% I mean the total taxes you pay based on your income., Income tax, sales tax, use tax, property tax, gas tax, and whatever other taxes, fees, fines the government can lay on you. Follow history for the past 1,500 years and you will see this pattern repeated over and over.
Politicians are blind to their own idiocy. Look at California, 5th largest economy in the world, overrun by tax happy politicians and has the highest homeless rates, highest unemployed rates, and highest tax and government overreach in the country, yet they are raising the taxes again on people who can’t even pay rent and buy food. Last year I took a 30% pay cut due to Covid but actually paid more in tax than I did in 2019 where I made 30% more in pay.
with production lines running at 25% capacity for the last 6-8 months supply is short. Computer prices and their related parts have doubles and tripled int he past 3 months. The laptops my company used to buy for the employees that were $1,500 are now $2,900 for the EXACT same laptop, same model, same configuration.
The general rule is the higher the price, the lower the quantity demanded, in order to prevent being unable to fulfill orders companies are raising prices to slow purchasing until the supply lines can catch back up to demand. At which point “sale” prices will hit everything.
I suspect this practice will remain for at least a year. Whether the economy tanks as a result will remain to be seen, but based on the idiocy that is controlling the US government now I suspect Ridetoglide is right and we will see a repeat of 2008.
Politicians (I don’t care which side of the counterfeit coin they are on) can’t get it through their collective heads that raising taxes does not increase the government coffers. Higher taxes usually results in lower employment, therefore less people paying taxes, so raising them does help us get ahead, it keeps us stagnant or makes us fall behind. And historically any government that taxes their people higher than 50% fails, and the US is slowly reaching that mark. And by 50% I mean the total taxes you pay based on your income., Income tax, sales tax, use tax, property tax, gas tax, and whatever other taxes, fees, fines the government can lay on you. Follow history for the past 1,500 years and you will see this pattern repeated over and over.
Politicians are blind to their own idiocy. Look at California, 5th largest economy in the world, overrun by tax happy politicians and has the highest homeless rates, highest unemployed rates, and highest tax and government overreach in the country, yet they are raising the taxes again on people who can’t even pay rent and buy food. Last year I took a 30% pay cut due to Covid but actually paid more in tax than I did in 2019 where I made 30% more in pay.
Gionnirocket
Well-Known Member
- Region
- USA
- City
- Y. O.
You guys should storm the capital... They're waiting for you this time.
If only life were this simple. And your comments on taxes? Sounds like what certain poorly thought of "think tanks" blather about. And if you dislike California so much, why do you stay?
Now back to bikes: Yes, classic economic theory says when demand exceeds supply, prices can, and usually will, go up. Demand skyrocketed during the shutdowns, as folks in cities fled public transit, with obvious impact on the demand/supply equation. In USA, tariffs haven't helped either. But bikes are, in economic speak, a durable good, like cars and washing machines. Folks tend to buy them and keep them for a few years, so as time goes on, demand will decrease.
mjeds
Well-Known Member
- Region
- USA
I stay because I have a teen that is graduating from high school in a year and I don’t want to uproot her until that happens. Believe me once that is done we are gone. Already in the planning stages to move elsewhere.
A good reason! We moved from the Boston area as soon as my daughter graduated HS.
California is indeed a tax and spend puzzle. Lots of misplaced spending, IMHO, but this is getting off topic, so I'll stop now.
Ridetoglide
Active Member
- Region
- USA
I am looking to get a Juggernaut Beast this winter.... hopefully the price doesn't get prohibitably high
Comfortably Numb
Well-Known Member
Blah, blah, blah. Maybe the politicians ought to find the balls to tax the extremely wealthy. Right now it's a joke. Hell, it always has been. OH, you can't do that. That's raising taxes. CN
I noticed the jug classic 750w mid duo with 1 price is slightly cheaper than regular classic. All of them were a little pricey for me to start with ,is why I waited too long on. Stunner x. I noticed even the stunner lt, 750w hub is $2499. Looks like ballpark $300 increase for most bikes, 10 plus % for most bikes? Gets a little pricey when living on SSI n savings,retjrement.
The US site has the Stunner X listed as starting at $2,799 while the Canadian site has it listed at starting at $3,399 but sold out. The Stunner LT is now listed on US site as starting $2,499 and on Canadian site at $2,999 but is with the 17.5 Ah battery. Previous prices in Canada were $2,899 and $2,599 respectively with the14.5 Ah battery.
I should have bought stunner x, before it sold out and went up. I needed 17A battery anyway. Price really pushing it fir me. I've never rode a ebike before and don't have great places to ride. I was ready to buy jug classic,wait on battery, it jumped another $300. Looking hard at M2S R750 that was my alternative. Other mid drives same price or higher stunner x almost in ultra price range at m2s. But not legal here.
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