Yesterday I had an appointment in Ann Arbor. I bought gas at about 3:30 PM. It was $2.79 a gallon.
This morning I rode by the same station at 8:15 AM approximately on our morning ride: $3.35 a gallon.
People- that is a .56 cent increase overnight. It is a 27% increase in fuel cost in under 18 hours.
I did some thinking and phoned three bike vendors. Six weeks ago it cost us about $26 to get a bike from California to Dearborn, Michigan via UPS ground with tracking.
Today it costs about $35 for the same service, a gross increase of 26%. Now, it stands to reason- if retail, regional gasoline prices shot up 27% in one night, will there be a commensurate price increase riple through freight costs?
When I asked the bike companies they told me a number of stories- none good.
One inside sales rep predicted a non-allowed freight cost of well over $60 per bike. At retail they will net out to well over $100- maybe more.
Buy a bike at your LBS or favorite bike store in September before the Interbike trade show. You will save hundreds. I guarantee it.
Tom Demerly
The Tri Shop.com
This morning I rode by the same station at 8:15 AM approximately on our morning ride: $3.35 a gallon.
People- that is a .56 cent increase overnight. It is a 27% increase in fuel cost in under 18 hours.
I did some thinking and phoned three bike vendors. Six weeks ago it cost us about $26 to get a bike from California to Dearborn, Michigan via UPS ground with tracking.
Today it costs about $35 for the same service, a gross increase of 26%. Now, it stands to reason- if retail, regional gasoline prices shot up 27% in one night, will there be a commensurate price increase riple through freight costs?
When I asked the bike companies they told me a number of stories- none good.
One inside sales rep predicted a non-allowed freight cost of well over $60 per bike. At retail they will net out to well over $100- maybe more.
Buy a bike at your LBS or favorite bike store in September before the Interbike trade show. You will save hundreds. I guarantee it.
Tom Demerly
The Tri Shop.com