Finalised my part purchases for a build. Only needed to buy a seat and tyres locally. The savings are immense. There's something very wrong and out of control when for the price of a new bicycle, you could have got a 890cc Yamaha. It ain't our problem retailers, importers etc cannot get their suppliers to manage their costs.
I agree this seems out of whack. The two highest cost items on the bike are the groupset and frame, to me everything else is almost down to commodity pricing. I can see the argument that frame makers are relying on--they spend money for the research in design, materials testing, and prototyping and should recoup some of those costs. Which is why open frames are so nice--we don't need the most cutting edge, only the tried and true. But the groupset costs to me are clearly due to monopoly--Ultegra and 105 has been around for how long? Sh***o has long-term patents and simple things like the axle diameter can't be touched by other crankset makers. Or is it not the patents and that these items are truly very technically difficult to make?