What am I missing here?
Too good to be true!
https://www.aventonofficial.com/collections/EBIKES?map_id=3034672
A Facebook post brought this sale to my attention but of course, now I can not find that Facebook post. Going out of business sale? Sure, maybe no long term support but for the price, its disposable.
Id guess it's a scam like this older post from Reddit:
It's a fake site.
The real site's url is https://www.aventon.com/
You know that old saying about if it looks too good to be true....
That all being said wouldnt surprise me to see some of the older gen Aventons at 50-60% off MSRP. Inflation has the bike industry hurtin' and manufacturers are swimming in inventory.
In reply to 93gsxturbo :
I suspect the big spike in bike sales during covid is a bigger problem than inflation - lots of lightly used ones hitting the market.
I would assume that any sale advertised on Facebook is a scam, honestly. Every time I've followed up on one it's been sketchy or more expensive than trying to buy it directly from the manufacturer. I've seen one of these "too good to be true" ebike ads in the past. If in doubt, go to the source via another route.
Keith Tanner said:In reply to 93gsxturbo :
I suspect the big spike in bike sales during covid is a bigger problem than inflation - lots of lightly used ones hitting the market.
I would assume that any sale advertised on Facebook is a scam, honestly. Every time I've followed up on one it's been sketchy or more expensive than trying to buy it directly from the manufacturer. I've seen one of these "too good to be true" ebike ads in the past. If in doubt, go to the source via another route.
Well its a bit of a multifaceted issue.
-A lot of folks bought bikes during 'rona, and not a lot of those folks continue to use them, so there are some nice lightly used bikes on the market.
-Manufacturers saw record profits and spiking demand during 'rona, so they ramped up the "make more bikes" machines and made piles and piles of bikes, chasing the dragon of unsustainable growth.
-Lotta good brands are under just a few umbrellas, the owners and shareholders of those umbrellas demand continuous increasing profits, so something has to give (see recent shuttering of several long established brands, decontenting/condensing product lines, etc)
-There isn't as much discretionary money to go around now as there was in May 2020. Interest rate changes, no more stimmy checks, COG deltas, etc.
From my point of view based on sales of Miata parts, there's still a bunch of discretionary income out there. I agree that the manufacturers got the production machine rolling a bit late and got caught with their pants down, inventory-wise.
Lots of brands under a few owners is nothing new. Ask Fischer and Klein. Meanwhile, new brands like Aventon keep popping up.
You can see the day the second round of checks hit in our sales charts. It was ridiculous.
Fwiw Aventon has had some issues supporting their dealers over the past few months. The shop in town has switched to Aima instead.
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