Moto 10-15 Years Ago vs. Now, Inflation?

Kyle978
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hvaughn88
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2/10/2017 10:56am
This is surely going to evolve into a discussion about people's willingness to work, yada, yada, yada. The stuff has definitely increased, but the amount doesn't seem that far fetched to me. What does seem to impact the accessibility is the cost of everything in life (homes, vehicles, food, etc) increasing at a rate that doesn't exactly match up to any increase in income (to say the least). To me, hobbies have been something you spend you disposable income on. When disposable income isn't as prevalent for a wide range of folks, the sport can become a little less accessible for as many people. Anyway, that's just my $0.02.
2/10/2017 11:12am Edited Date/Time 2/10/2017 11:14am
You nailed it....inflation.

I remember going with my dad to pick up a 2003 yz250f in late 2002, he brought (50) $100 bills and we had one left over to grab a nice bite to eat on the way home. Brand new bike for $4,900, a new one cost $7000 now.

Lots of things have jumped 30-40% in price over the last 15 years or so though. My 2005 Tacoma was 25k new, if I were to replace it today with the exact same truck its about 33k.

gnar gnar
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2/10/2017 11:18am
I think it is nearly impossible to pinpoint all of the reasons why costs have gone up. Inflation, wage increases, advanced technology, materials costs...the list goes on. The tech that goes into bikes these days costs a lot in the R&D department, and they have to recoup the cost somewhere to justify giving us faster, lighter, stronger bikes.

That being said, I still wish it were more affordable.
kkawboy14
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2/10/2017 11:23am
My mountain bike cost $450, I could ride mx for about $2000

The Shop

endurox
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2/10/2017 11:35am
For those of us in the private sector, alot of disposable income has gone to 200% ish increases in healthcare premiums.
The sport has done a good job of keeping prices incheck as tires, and clutches have stayed about at the same price factoring inflation.
Aron213
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2/10/2017 11:37am
Some time around the mid 80's the YEN shot up

My first YZ 80 was 799, that was in 81, in 85 IIRC they retailed for around 1200, not bad for a bike that changed drastically. But then the YEN took off and all of a sudden bikes were costing 2200 within a couple years.
Katoomey
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2/10/2017 11:46am
You nailed it....inflation. I remember going with my dad to pick up a 2003 yz250f in late 2002, he brought (50) $100 bills and we had...
You nailed it....inflation.

I remember going with my dad to pick up a 2003 yz250f in late 2002, he brought (50) $100 bills and we had one left over to grab a nice bite to eat on the way home. Brand new bike for $4,900, a new one cost $7000 now.

Lots of things have jumped 30-40% in price over the last 15 years or so though. My 2005 Tacoma was 25k new, if I were to replace it today with the exact same truck its about 33k.

inflation by itself is not responsible for anything being unaffordable. it's the lack of wage increases for average salaries over the last 30 years. Hvaughn is absolutely right.

the concentration of wealth, the financial industry, outsourcing, and robotics/electronics that are to blame if anything. these have kept wages from increasing, while our gross product continues to increase, which influences inflation






2/10/2017 11:53am
Inflation mixed with shorter attention spans, the internet, smart phones, all that silly stuff that it seems like people spend their entire lives doing, instead of getting outside and staying active.

So many kids nowadays are born with a smart phone in their hand because parents realize that it helps them stay quiet, but it kills their attention span and motivation to do work hard for anything.
erik_94COBRA
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2/10/2017 12:02pm
Interesting topic. The cause of inflation is due to the dollar de-valuation by the Federal Reserve Bank, which is not a federal (government) entity, continually fucking with the interest rates and it's subsequent effects on borrowing/debt/etc. They also caused a number of the "bubbles" in the markets/housing/etc.

And add in the lack of wage growth on top of reduced purchasing power, and you have bikes that are suddenly not as affordable as they once were.
newmann
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2/10/2017 12:07pm
I know it has been discussed before, but I feel like it's been in the 40-50 year old's eyes comparing it to the 70's. I'm looking at it as early as 10 years ago. And the sport is not the same.

I'm glad to hear a younger person speak of "the good old days". Usually it's the young ones giving us old guys hell over it.Laughing Sometimes you just have to drop back and do other stuff for a few years and see if you come back to it. With kids, business, school, school activities, band practice/trips , swim team 7 days a week, kids getting married, kids joining the military...we've gone several years without hardly starting a bike. In the grand scheme of things, it really doesn't matter. Order a pizza, take a nap.Wink

2/10/2017 12:12pm
I think you nailed a few good points. I also think this is why you see the off-road realm really in a boom in my opinion. I think the first enduro over in Sumter had ~725 entries! Mix that with being able to purchase a 2-stroke and be as competitive as 4-strokes and more competitive in certain scenarios (Hard/Extreme Enduro).

I actually had a similar conversation with a local mechanic on why there's not more money in pro racing. My opinion is that of market size. Then why is market size so stagnant in motocross/supercross? Barriers to entry. When I first started riding my dad got me a PW50 for around $500 (if that) then good used 2-strokes all the way up to my last few years racing until we got help to buy a KX250F for regional AX.

Lower the barriers to entry to the same type of income/margin ratios to that of what it was in the 90's and early 2000's and I think you'd see a pickup in interest. Real question is how to do that. To me, I think you'd have to restructure classes to make 2-strokes competitive again in mainstream professional racing and not a cool gimmick. Then it'd take a good 3 - 5 years for the effects to be seen in the general/non-enthusiast public. And no, this is not a 2-stroke jihadist stance. I'm actually back on a YZ250FX and love the thing.
chump6784
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2/10/2017 12:23pm
For me in Australia I think America has finally caught up in prices to what the rest of the world pays.

Back in 2001 my dad came home with 2 brand new kx125's, he paid cash and they still cost between 7-7.5k each (can't remember the exact number). A new yz125 is around 9.5k retail
I wore O'Neal hardware gear at $300 a set, they are still that now, Oakley O frames were $40, now $50, boots are roughly the same, shoei helmets were $800, still that now, tyres have gone up $10 in that time etc.

Imo you guys had it so good for so long and now you've finally caught up
wpark89
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2/10/2017 1:07pm
A good discussion. Some would say we're just nostalgic. But maybe to accurately examine the state of Motocross you need to have lived it through a few different decades. The technology and expense we have now doesn't make racing any better, it doesn't make riding a bike any more fun or encourage newcomers to the sport. For me it's as simple as this, my dad raced in the 70s and 80s (as did his dad and brother) and I started in the mid 80s on minis. My old man recently flipped through a new MXA looking at prices of stuff and said "if you were a kid today there's no way our family would of been able to get into Motocross"
I believe in a recent interview McGrath said basically the same thing.

In 00 I bought a new 125 for $4200 and 250 for $4800. The top of the line Gaerne boot was 250. All of those prices have doubled. Some parts and equipment have stayed consistent over the years...but it's just gotten expensive, combined with the danger and lack of riding places. There used to be a couple families with a motor home at the races, now it's hard to find a guy in a pick up truck....I think it's gotten so expensive it's just richer families who are at the track. My buddy stayed at Lorettas in a tent in the early 90s and finished in the top 10......nowadays how many kids in the top 10 in any class are in a tent with no ac??

I remember reading an interview with Damon Bradshaw around 89 or 90 and they asked what his biggest fear was. He said it was that the sport would die, just kind of fall into a hole or something. As a 10 or 11 year old I didn't know what he meant....but I think now I do.
Dtat720
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2/10/2017 1:09pm
You nailed it....inflation. I remember going with my dad to pick up a 2003 yz250f in late 2002, he brought (50) $100 bills and we had...
You nailed it....inflation.

I remember going with my dad to pick up a 2003 yz250f in late 2002, he brought (50) $100 bills and we had one left over to grab a nice bite to eat on the way home. Brand new bike for $4,900, a new one cost $7000 now.

Lots of things have jumped 30-40% in price over the last 15 years or so though. My 2005 Tacoma was 25k new, if I were to replace it today with the exact same truck its about 33k.

Katoomey wrote:
inflation by itself is not responsible for anything being unaffordable. it's the lack of wage increases for average salaries over the last 30 years. Hvaughn is...
inflation by itself is not responsible for anything being unaffordable. it's the lack of wage increases for average salaries over the last 30 years. Hvaughn is absolutely right.

the concentration of wealth, the financial industry, outsourcing, and robotics/electronics that are to blame if anything. these have kept wages from increasing, while our gross product continues to increase, which influences inflation






Concentration of wealth doesnt play a part in wage stagnation. An influx of federal regulations over fhe last 8 years has driven the cost of running a business through the roof. Average wages have decreased since 07. Its hard to give raises when your costs increases 15-30% and your margins are less than that like most businesses are. Most businesses have a net margins between 8-18%. Ideally they would be in the 28-35% range, but having a fee or tax or cost increase due to a new regulation every quarter..... No raises go out even though the cost of living continues to grow.
zookie
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2/10/2017 1:53pm
Dtat720 wrote:
Concentration of wealth doesnt play a part in wage stagnation. An influx of federal regulations over fhe last 8 years has driven the cost of running...
Concentration of wealth doesnt play a part in wage stagnation. An influx of federal regulations over fhe last 8 years has driven the cost of running a business through the roof. Average wages have decreased since 07. Its hard to give raises when your costs increases 15-30% and your margins are less than that like most businesses are. Most businesses have a net margins between 8-18%. Ideally they would be in the 28-35% range, but having a fee or tax or cost increase due to a new regulation every quarter..... No raises go out even though the cost of living continues to grow.
God, net margins of 8-18% would scare the crap out of me. One little hiccup in revenue and you are screwed for that month. I am doing some business shopping now to acquire something, and a few have margins near 50%...obviously these are the ones I want Smile .

Not to get political, but it is really unfortunate that a few bad apples can ruin it for everyone. I wish there was just a "don't be a dickhead" law. If you are a dickhead, we remove you from society. Would be much easier than making everyone play a fucking game because a few folks took advantage of lower regulations. In the end, $$ always wins and exposes the dick heads. $$ also gives people reason to ignore the dick heads when the enforcement is on the receiving end of that $$.

Back to MX. I think it is a combination of things. 1) inflation is always a thing, 2) wage stagnation, and 3) companies who make MX products have realized that they can charge more and people will still pay. My advice, buy a used bike. MX bikes require a shit load of work all the time anyhow, so to me, there's little risk in a few year old used bike if you just assume you are going to have to rebuild the suspension, replace some chassis bearings, and rebuild the engine. I've only owned one new bike and it was when Suzuki fucked up the launch of the 08 450 and they were super cheap from a dealer (mine was 5k new OTD in 2008).
Skidaddle
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2/10/2017 1:58pm
Its simple. The pay doesnt match the costs anymore except a few.

I would need to make 300K gross to make what my parents did in 1982.
Hotwhls
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2/10/2017 2:05pm
I personally think the crazier thing is your mountain bike it $6000. For what a carbon frame and something you have to power yourself. I have an expensive mountain bike as well and I think the parts for those are somewhat a rip off. A high end fork may run upwards of a $1000. I think moto maybe not racing is less expensive than mountain biking. I bought 3 bikes for my wife and daughters in good shape for all under $1000 each. Put gas in and ride then yes I maintain all of them, but still I could not get them to ride their mountain bikes uphills for 2 hours.
2/10/2017 2:16pm Edited Date/Time 2/10/2017 2:23pm
Dtat720 wrote:
Concentration of wealth doesnt play a part in wage stagnation. An influx of federal regulations over fhe last 8 years has driven the cost of running...
Concentration of wealth doesnt play a part in wage stagnation. An influx of federal regulations over fhe last 8 years has driven the cost of running a business through the roof. Average wages have decreased since 07. Its hard to give raises when your costs increases 15-30% and your margins are less than that like most businesses are. Most businesses have a net margins between 8-18%. Ideally they would be in the 28-35% range, but having a fee or tax or cost increase due to a new regulation every quarter..... No raises go out even though the cost of living continues to grow.
I was discussing that once in a non moto thread that got clipped. It seems like there aren't as many mom and pop shops anymore because big business has taken over everything. There is a wal mart, Lowe's, McDonald's, etc on every corner.

If you want to own your own business property you have to have a street light every x amount of feet, or a bush, and a warning sign about the risks associated with your business. The little guys are just getting regulated to death, so there aren't as many small businesses with disposable income as there were 20 years ago. Back in my day so many of the families that rode regularly were blue collar workers or business owners

Dtat720
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2/10/2017 2:22pm
Hotwhls wrote:
I personally think the crazier thing is your mountain bike it $6000. For what a carbon frame and something you have to power yourself. I have...
I personally think the crazier thing is your mountain bike it $6000. For what a carbon frame and something you have to power yourself. I have an expensive mountain bike as well and I think the parts for those are somewhat a rip off. A high end fork may run upwards of a $1000. I think moto maybe not racing is less expensive than mountain biking. I bought 3 bikes for my wife and daughters in good shape for all under $1000 each. Put gas in and ride then yes I maintain all of them, but still I could not get them to ride their mountain bikes uphills for 2 hours.
If people only knew what carbon frames cost.... there would be a revolution against the cycling industry. Alloy frames are an even bigger insult to consumers. I can buy an alloy frame for $55 and retail it here for $475 and nobody would bat an eye at that price. Happens everyday.
flymoto
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2/10/2017 2:33pm
I'd say that the prices you have mention a fair in terms of inflation. Hell its just a massive knock on effect, everyone's expenditures are increasing, such as Astars, shoei etc the difference is they can adjust their price and charge more, we are the ones getting screwed at the bottom because we are getting paid the exact same as we were 10 years ago, and after all you'd pay yourself more if you could right? Not sure where I'm dealt going with this but it's just sign of the times, when I started riding 10 years ago the tracks were booming, then we had a recession in the U.K and it went down. It's picked up and around my area there are a lot more tracks to ride now. I really do fear for the sport though, I genuinely believe in 50 years motocross will not exist at grass roots level.

I'm into road cycling more, can't get into mtb, not as accessible. But cycles are massively over inflated compared to Mx bikes. My mate just paid almost 4K for a road bike. Literally a carbon frame and some nice wheels. Could buy a year old 450 for that money. Madness.
mxtech1
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2/10/2017 2:40pm
I can resonate with most of what's been said here. Times and costs have unarguably changed, like everything else in life.

My only complaint with this post is around equipment. You don't NEED a brand new bike with thousands in hop-ups. You don't NEED top of the line gear. It's nice to have, if you can afford it, but lower cost items typically do the same job for us amateurs.

I think everyone should realize that this sport is only as expensive as you CHOOSE to make it to be. You could still go racing on a shoestring budget and have just as much fun as the guy pitting next to you who's up to his eyeballs in debt from new equipment.

Get past the vanity portion of the sport. If you want to ride and race on the cheap do it. no on is stopping you other than your pride and ego.

I have met many less fortunate adults and kids who would literally do anything to even own a ratted out bike and a set of used gear. Meanwhile, everyone else is complaining about the costs of the new bikes, gear, and parts that they chose to financially burden themselves with.

What I am saying is, look at the sport with some perspective. Inflation and rising costs are only a small percentage of cost to play. Look at your own program and figure out a way to make it cheaper.
kkawboy14
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2/10/2017 2:47pm Edited Date/Time 2/10/2017 2:48pm
mxtech1 wrote:
I can resonate with most of what's been said here. Times and costs have unarguably changed, like everything else in life. My only complaint with this...
I can resonate with most of what's been said here. Times and costs have unarguably changed, like everything else in life.

My only complaint with this post is around equipment. You don't NEED a brand new bike with thousands in hop-ups. You don't NEED top of the line gear. It's nice to have, if you can afford it, but lower cost items typically do the same job for us amateurs.

I think everyone should realize that this sport is only as expensive as you CHOOSE to make it to be. You could still go racing on a shoestring budget and have just as much fun as the guy pitting next to you who's up to his eyeballs in debt from new equipment.

Get past the vanity portion of the sport. If you want to ride and race on the cheap do it. no on is stopping you other than your pride and ego.

I have met many less fortunate adults and kids who would literally do anything to even own a ratted out bike and a set of used gear. Meanwhile, everyone else is complaining about the costs of the new bikes, gear, and parts that they chose to financially burden themselves with.

What I am saying is, look at the sport with some perspective. Inflation and rising costs are only a small percentage of cost to play. Look at your own program and figure out a way to make it cheaper.
Exactly! Nobody needs a $400 set of foot pegs, but I know guys that think they need them.
hvaughn88
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2/10/2017 2:58pm
mxtech1 wrote:
I can resonate with most of what's been said here. Times and costs have unarguably changed, like everything else in life. My only complaint with this...
I can resonate with most of what's been said here. Times and costs have unarguably changed, like everything else in life.

My only complaint with this post is around equipment. You don't NEED a brand new bike with thousands in hop-ups. You don't NEED top of the line gear. It's nice to have, if you can afford it, but lower cost items typically do the same job for us amateurs.

I think everyone should realize that this sport is only as expensive as you CHOOSE to make it to be. You could still go racing on a shoestring budget and have just as much fun as the guy pitting next to you who's up to his eyeballs in debt from new equipment.

Get past the vanity portion of the sport. If you want to ride and race on the cheap do it. no on is stopping you other than your pride and ego.

I have met many less fortunate adults and kids who would literally do anything to even own a ratted out bike and a set of used gear. Meanwhile, everyone else is complaining about the costs of the new bikes, gear, and parts that they chose to financially burden themselves with.

What I am saying is, look at the sport with some perspective. Inflation and rising costs are only a small percentage of cost to play. Look at your own program and figure out a way to make it cheaper.
There's absolutely nothing wrong with what you said. You're absolutely correct, no doubt about it. But it's kind of a different point altogether. If this is still to be considered a blue collar sport that's available to the masses, then new prices of things should be considered. If it's only accessible by buying used, then you have either: a white collar sport, a dying sport, or both of those things.

Again, I complete agree with you, but to put into terms of the strength of the sport, new prices should certainly be considered, IMO.
racer495a
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2/10/2017 3:03pm
Everything has gone up except wages for 80% of the population. There is a reason we elected a wild card president....
305FC250
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2/10/2017 4:00pm
Skidaddle wrote:
Its simple. The pay doesnt match the costs anymore except a few. I would need to make 300K gross to make what my parents did in...
Its simple. The pay doesnt match the costs anymore except a few.

I would need to make 300K gross to make what my parents did in 1982.
This is exactly why anytime some old piece of shit tells us young folk how we're lazy, don't work hard, want hand outs, ect. they deserve to be punched in the fucking mouth. Financially, things were so so easy back then. The average pay is not enough for average cost of living nowadays, which makes stacking any motorsports related hobby on top of that impossible for all but those who are wealthy or are willing to make major sacrifices just to participate in their passion.

JM485
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2/10/2017 4:18pm
mxtech1 wrote:
I can resonate with most of what's been said here. Times and costs have unarguably changed, like everything else in life. My only complaint with this...
I can resonate with most of what's been said here. Times and costs have unarguably changed, like everything else in life.

My only complaint with this post is around equipment. You don't NEED a brand new bike with thousands in hop-ups. You don't NEED top of the line gear. It's nice to have, if you can afford it, but lower cost items typically do the same job for us amateurs.

I think everyone should realize that this sport is only as expensive as you CHOOSE to make it to be. You could still go racing on a shoestring budget and have just as much fun as the guy pitting next to you who's up to his eyeballs in debt from new equipment.

Get past the vanity portion of the sport. If you want to ride and race on the cheap do it. no on is stopping you other than your pride and ego.

I have met many less fortunate adults and kids who would literally do anything to even own a ratted out bike and a set of used gear. Meanwhile, everyone else is complaining about the costs of the new bikes, gear, and parts that they chose to financially burden themselves with.

What I am saying is, look at the sport with some perspective. Inflation and rising costs are only a small percentage of cost to play. Look at your own program and figure out a way to make it cheaper.
That's all fine and true for the most part, but I know I can't go ride a ratted bike with worn out parts or I'll break things and potentially get seriously hurt. I'm no pro by any means, but I can go fast enough on a track or in the hills to tax equipment, and I can't get away with buying cheap parts or letting things get past a reasonable level of wear anymore. For guys who ride fast they can't just buy a $2000 bike off craigslist and hope everything is up to par, that's an easy way to get hurt. As for gear, I'm fully with you on that, I won't spend over $120 on a set of gear because I really don't care about having the coolest stuff. Same kind of goes for plastics and graphics, my 15 yz still has the stock ones on even though they're getting pretty beat. Overall I think you make a good point, but some stuff you just can't skimp on and that's what can make riding so expensive.
Rdubs19
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2/10/2017 4:53pm
The blue collar/middle class demographic that could keep the sport going has become more interested in yee-haw toys like side by sides, ATVs, and ridiculously expensive trucks.
419250f
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2/10/2017 5:16pm
Interesting topic. The cause of inflation is due to the dollar de-valuation by the Federal Reserve Bank, which is not a federal (government) entity, continually fucking...
Interesting topic. The cause of inflation is due to the dollar de-valuation by the Federal Reserve Bank, which is not a federal (government) entity, continually fucking with the interest rates and it's subsequent effects on borrowing/debt/etc. They also caused a number of the "bubbles" in the markets/housing/etc.

And add in the lack of wage growth on top of reduced purchasing power, and you have bikes that are suddenly not as affordable as they once were.
Bingo.
All to artificially prop up the economy for the past decade.
They should've just let the pain be felt then, but now it will be much much worse.
They kicked the can too far this time. It's criminal in my opinion.

Btw how is it that the Fed is private, yet the public official of the highest order (President) gets to pick the leader of?
Audit the Fed.
2/10/2017 5:22pm
This thread is filled with "first world problems" IMO. 1) Nobody needs a brand new anything "toy" for a hobby. Buy a vet owned lightly ridden bike and go ride for a fraction of the price. Nothing wrong with getting used gear to start out in the hobby and slowly accumulate the "Good stuff" as you have cash. Upgrade your components slowly over time - you don't "need" a new exhaust to ride.

As for income inequality, my advice is if you don't like your income quit being a victim. Take a risk, go out and start a business, work really hard, become successful, and put yourself into the top 10% of earners. America is still the land of opportunity and the greatest country in the world to go from rags to riches. As long as you are working for someone else, you will never be wealthy. Quit complaining about your income and go start a business = controlling your own income. One last piece of advice, there will always be someone out there who is less deserving and less hard working, that is making more money than you. Get over it, it's life, life's not fair. The sooner you realize that, the happier you will be. Contentment is a choice.
mxb2
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2/10/2017 5:28pm
TbonesPop wrote:
This thread is filled with "first world problems" IMO. 1) Nobody [i]needs[/i] a brand new anything "toy" for a hobby. Buy a vet owned lightly ridden...
This thread is filled with "first world problems" IMO. 1) Nobody needs a brand new anything "toy" for a hobby. Buy a vet owned lightly ridden bike and go ride for a fraction of the price. Nothing wrong with getting used gear to start out in the hobby and slowly accumulate the "Good stuff" as you have cash. Upgrade your components slowly over time - you don't "need" a new exhaust to ride.

As for income inequality, my advice is if you don't like your income quit being a victim. Take a risk, go out and start a business, work really hard, become successful, and put yourself into the top 10% of earners. America is still the land of opportunity and the greatest country in the world to go from rags to riches. As long as you are working for someone else, you will never be wealthy. Quit complaining about your income and go start a business = controlling your own income. One last piece of advice, there will always be someone out there who is less deserving and less hard working, that is making more money than you. Get over it, it's life, life's not fair. The sooner you realize that, the happier you will be. Contentment is a choice.
X2, work hard play hard. Wants,needs 2 different things.

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