Bicycle shop prices?

alphado
Posts
4173
Joined
8/15/2006
Location
Erie, PA, USA
Edited Date/Time 1/26/2012 10:12am
I am kinda new to the road bike thing and have been wondering about what my local shop is charging for parts and accessories.

Is it normal for a bicycle shop to charge more than the MSRP for parts and accessories? I know in MX most shops charge MSRP or a little less.

I have been going to the same local bicycle shop for a few years now and have noticed a couple times that they charged a lot more than the MSRP. Twice they got me because I didn't research the price until after I bought the stuff. The trailer bike I got for Matt, I paid $119.00 for it. I got home and in the manual it had an order form to get and extra mount, I went on their website and found that the MSRP for the trailer bike was $89.99 and I could have bought it straight from the manufacturer.

I went yesterday to get some pedals for the road bike. I ended up getting the "cheaper" model Look pedals. I paid $99.99 for them. I got home and looked them up on line. MSRP is $62.95, I could have got them for $49.00. I know that they have to charge more than the online guys, and I don't mind paying a little more to support them, but wow! They are charging quite a bit more than I would expect to be a fair markup.

Do all bike shops do this or is this one just taking advantage of people? My buddy works there and I asked them. He told me they get parts from a distributor and that is why they charge more. Shouldn't the MSRP be the highest price they should honestly charge? I am about ready to give up on them.
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pitbike502
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4509
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12/26/2007
Location
Syracuse, NY, USA
9/17/2009 6:21am
that sucks..
FishBone
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962
Joined
4/1/2008
Location
Ho Chi Minh City, VN
9/17/2009 6:22am
.. buy local is a nice thing and I prefer it …

and while I don’t expect to walk into a local brick and mortar store and get internet pricing …

the merchant needs to be reasonable imho … the price discrepancies you have posted seem high
dougie
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2140
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4/1/2008
Location
Temecula, CA, USA
9/17/2009 6:27am
Youre gettting hosed. Find another LBS or shop online.
txmxer
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9770
Joined
8/21/2006
Location
Weatherford, TX, USA
9/17/2009 6:28am
That sucks. I've never heard of this and wouldn't shop anywhere that charged more than MSRP. Maybe it is typical for bike shops.


Since you have a buddy there I wouldn't hesitate to explain your issue and tell them you are going to have to shop internet if they are going to charge over MSRP.

The Shop

brainbasket
Posts
1531
Joined
4/1/2008
Location
Ventura, CA, USA
9/17/2009 6:30am
There's more than one bike shop in my area. I usually go to the one where the manager/owner is the most helpful and gives the best service. His prices are basically MSRP and lower on the stuff I buy there. He also openly talks about online retail and tries to compete when he can. He's a realist when it comes to his business. He knows a lot more and has the special tools that I don't have. He gives me good advice too and I pay full MSRP a lot of times for his service - it's like a tip I figure.

I'd look aound and find one that gives you more bang for your buck.
newmann
Posts
24437
Joined
4/1/2008
Location
USA
9/17/2009 6:33am
I'll always pay more to buy local. But I will not be gouged(at least not more than once!LOL). I built my wife a bike several years back when the Dura Ace 10 speed group had come out. Local bike shop could not get the component kit for less that $1600.00. I bought it all new in the correct packages off Ebay for $1079.00. I had already spent several thousand dollars with him on most everything else to build the bike so he was cool with me providing a few internet parts for the build. He just could not understand the price difference as he could not buy them from any of his suppliers anywhere near that price.
MX Dad #27
Posts
928
Joined
4/1/2008
Location
Ankeny, IA, USA
9/17/2009 7:57am
You should not EVER have to pay more than MSRP, UNLESS that is the price installed on the bike. If you have been doing business "for a few years" with this shop and this is happening it's time to move on. I am a retailer and it is good to buy local, but not if they are ripping you off. It's time to find a "New Local". A special thanks to Kyle's Bikes in Ankeny, IA he NEVER rips me off and often tells me about close outs and specials.
BUTCH
Posts
5088
Joined
8/15/2006
Location
USA
9/17/2009 8:04am
If they are charging more than msrp, they are screwing you! IMO
motogeezer
Posts
5573
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4/1/2008
Location
Yorba Linda, CA, USA
9/17/2009 8:35am
I used to work in a bike shop.

Normal mark up on a bike was around 30%, which isn't a lot considering you have to build it, tune it, and service it for free once or twice.

The big mark up is on parts, accessories and apparel.

Most stores mark that stuff up anywhere from 100% to 300%.

Another thing to consider is that stores that do more volume get better pricing from their distributers, and therefore have better prices for the consumer.

Shops have considerable overhead that mail order doesn't have, so there is no way any shop could stay in business if they tried to match internet prices.
ZEDHED
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443
Joined
1/9/2009
Location
AQ
9/17/2009 9:23am Edited Date/Time 11/15/2010 5:38am
mx757
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2275
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4/1/2008
Location
Pueblo, CO, USA
9/17/2009 11:08am
Back in my BMX days I was usually pretty well in with the local shops (having a #1 state plate and a #3 regional plate helps that quite a bit) so usually what I could do is if I needed a part I could walk into the local shop and point to a part in the mail order catalogs and tell them thats what I needed and thats what I was paying. They never seemed to have any problem with it.

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