Re:I became the internet’s most notorious bike thief
by globular-toast on Tuesday November 30, 2021 @07:32AM
(#29391424)
High manufacturing cost does not mean high value. A business is just finding something where the value is higher than the manufacturing cost. A bicycle has higher margins because it is truly a marvel of technology, while a car is basically just "yeah it will work if we throw enough fossil fuel at it".
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Re:I became the internet’s most notorious bike thief
by namdnay on Tuesday November 30, 2021 @07:41AM
(#29391486)
A bicycle has higher margins because the volumes are much smaller. The engineering that goes into even the cheapest of Dacias is hundreds of times more complex
Re:I became the internet’s most notorious bike thief
by globular-toast on Tuesday November 30, 2021 @08:24AM
(#29391810)
> A bicycle has higher margins because the volumes are much smaller.
Are you sure? There are more bicycles in the world than cars.
> The engineering that goes into even the cheapest of Dacias is hundreds of times more complex
Again, that does not make something more valuable. The engineering that would go into a lunar orbiting plant pot would be very complex, but has no value.
Re:I became the internet’s most notorious bike thief
by namdnay on Tuesday November 30, 2021 @10:30AM
(#29393166)
There are far more bicycles than cars, but 99% of these are very basic cost-efficient designs , probably sold for less than 100eur new
The discussion was about the engineering value of a 10k bike (or a 100k watch I guess) - it’s more of a luxury good than an engineering necessity