Over the past few years the bike companies have milked the golden goose to death, selling NZ$10K - $15k bikes to clueless numpties by convincing them cycling is all about having a flash bike. But it never really was, and that lie is slowly taking them down.
Despite clearance sales of up to 30% off, high end bikes
are still sitting unsold on shop floors for upwards of NZ$10k, but who on
earth is spending that much on a bike in a recession?
Specialized Turbo Levo SL Expert 2025
Last year big companies like Trek and Giant announced massive production cut backs, along with half price sales, but they still just couldn't move all the unsold bikes.
Part of the reason for this, that is seldom mentioned, is that in the real world, if the ride was say up to the top of a 500m hill, and then back down again, a hardtail XC bike would only be about 1 min slower than a big flash freeride rig coming down, but would easily be 15 mins faster going up, so would be 14 mins faster overall in an actual ride.