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Yea it’s a weird one. Nobody wants to be the first to admit that everyone is skint and that used prices are dropping.
I’ve noticed more and more bikes locally are selling for less extortionate prices. Nowhere near pre-Covid prices, but a drop from peak-Trotters Independent Trading.
As far as new, I believe that the chip shortage still has an effect on stock but now that interest rates are sky-rocketing there’s much fewer purchases.
I could and may well be totally wrong, but the showrooms look pretty full and the staff look pretty bored.
pdlouche
This is in my mind, but not really seeing used 2020 and 2021 prices coming down, looks better to buy new than buy those second hand.
Similar issue with cars, prices are still mad high, reluctant to buy something at inflated used price when during your winter they will come back down to earth.