A good comparison.
When you break down the cost of the components, labor, shipping, retail margin, (and more besides) which went into making your bike, it shows that business can live on slim margins.
It also shines a blinding light on the crazy prices charged for an asset which should last nowhere near as long as your bike.
I've said it before, but the prices some bat makers charge is hilarious! How can anyone defend a brand with one workshop, low overhead charging >300/350/400? You know who you are.
Even worse are the box shifters who buy blanks, sticker them up, hype them to the stars, and charge >300. You know who you are.
A fair price is the price you should charge or pay.
However, people are greedy and feel that by paying more they are getting more, and suppliers know that by charging more they can make more money. Whilst people pay over the odds, suppliers will charge.
Anyone for an asset bubble?