UK groupset purchase?

[akelman]

Has anyone taken advantage of the plummeting pound to purchase a group from the UK? And if so, what's the best deal you've seen?

[Neil]

Pick any shop, I would think:

https://pbs.twimg.com/media/Cl9VKv5WkAAhhbB.jpg:large

[fuzzalow]

The implied discount on retail purchases transacted in GBP is not that much, relative to the world of retail. Just looking at the range of USD per 1 GBP from pre-Brexit to now is only a discount of around 12%. I.E. From $1.48 to $1.32.

Ribble throws 10-15% off coupon codes off regularly so the currency swing means very little.

In terms of investments of course the currency swing mean quite a bit. But getting cheap components in taking avantage of the currency volatility is overstated.

[AngryScientist]

The implied discount on retail purchases transacted in GBP is not that much, relative to the world of retail. Just looking at the range of USD per 1 GBP from pre-Brexit to now is only a discount of around 12%. I.E. From $1.48 to $1.32.

Ribble throws 10-15% off coupon codes off regularly so the currency swing means very little.

In terms of investments of course the currency swing mean quite a bit. But getting cheap components in taking avantage of the currency volatility is overstated.

once again, our man fuzz is looking at the big picture from an educated financial analyst's viewpoint.

rubbish!

this is a cycling forum and campagnolo is on SALE SALE SALE!

i'm very curious how low a chorus groupset will go myself...

:banana:

[Neil]

The implied discount on retail purchases transacted in GBP is not that much, relative to the world of retail. Just looking at the range of USD per 1 GBP from pre-Brexit to now is only a discount of around 12%. I.E. From $1.48 to $1.32.

Ribble throws 10-15% off coupon codes off regularly so the currency swing means very little.

In terms of investments of course the currency swing mean quite a bit. But getting cheap components in taking avantage of the currency volatility is overstated.

A different perspective is that my salary just dropped 12%, so no groupsets for me.

I'll stop moaning now.

[akelman]

A different perspective is that my salary just dropped 12%, so no groupsets for me.

I'll stop moaning now.

You should feel free to moan. The whole situation is crap. I'm sorry that I brought it up.

[rccardr]

Last Thursday morning a Shimano 105 groupset in black with 11/32 cassette and compact 50/34 crank was $341. Today it's $320-ish.

So a slight drop, but the price was already pretty low.

[akelman]

So a slight drop, but the price was already pretty low.

Just so. There's never been a better time to buy EPS! (Or so the devil on my right shoulder says.)

[fuzzalow]

A different perspective is that my salary just dropped 12%, so no groupsets for me.

I'll stop moaning now.

Your salary hasn't changed a bit relative to your own domestic purchasing power on British soil denominated in GBP. For now. The declining GBP will ripple through fairly immediately with a rise in yourdomestic interest rate so that will effect you life to varying degrees.

But it remains to be seen how Britain's relative trade position is impacted and that will take a while. Britain sold around half her exports into the EU. Those terms will only have gotten less advantageous with a Brexit. I am sorry your referendum turned out this way.

BTW I priced a new EPS grouppo and the currency savings was about $230 on a 2293GBP purchase. So I'm not convinced yet.

[chiasticon]

early last week on Ribble, Ultegra 6800 was $530-ish, on Friday it was $515, and now it's $484.

do I need a new groupset for some reason?

[akelman]

do I need a new groupset for some reason?

Protip: remember to reverse Betteridge's Law when it comes to bike parts.

[oldpotatoe]

You should feel free to moan. The whole situation is crap. I'm sorry that I brought it up.

I think more than a few and lots in Scotland are saying....

[ColonelJLloyd]

I bought a 1x11 Shimano XT group from Merlin on Friday for what turns out to be 15% less than what it costs my LBS from QBP. I would say that if you will be in the market for a group relatively soon, now is the time to buy.

[stephenmarklay]

once again, our man fuzz is looking at the big picture from an educated financial analyst's viewpoint.

rubbish!

this is a cycling forum and campagnolo is on SALE SALE SALE!

i'm very curious how low a chorus groupset will go myself...

:banana:

Please tell me when to BUY BUY BUY :banana:

[stephenmarklay]

early last week on Ribble, Ultegra 6800 was $530-ish, on Friday it was $515, and now it's $484.

do I need a new groupset for some reason?

I saw that and man I may pull the trigger on that.

[eippo1]

Hmm, so I could get Shimano hydraulic brakes for my warbird or I could get an entire 105 groupset to get my Bianchi back up and running or I could replace my ScRAM on my mtb with SLX/XT for the same $$.

Or I could remember that I need a new furnace...:crap:

[lhuerta]

SR Gruppo was $1786 last week now it is down to $1655

[fuzzalow]

SR Gruppo was $1786 last week now it is down to $1655

I forgot to mention in my earlier post: As in all interrelated markets, the favorable spreads on pricing currently reflect the underlying currency relationships based on inventory of existing stocks.

Or said another way, these values will or should only exist for a short time until Ribble or any other UK vendor has to replenish inventory with their Italian manufacturing source at the new, disadvantageous Euro/GBP exchange rate. So these existing spreads seen today will collapse.

If you are thinking of buying, get while the gettings good.

[eippo1]

If you are thinking of buying, get while the gettings good.

So, I can blame you when my wife asks about my shiny new hydraulic levers & brakes on the Warbird? :o

[54ny77]

Funny headline:

"Americans Will Get Cheap Aston Martins After BREXIT"

"Any fall in the pound is unlikely to make Aston Martins a regular sight in middle-class American neighborhoods. Experts are predicting the pound would fall by no more than 20 percent, wiping a massive $40k off the price of an average Aston Martin... But that would still leave consumers needing to find $160k!"

http://townhall.com/tipsheet/andrewalker/2016/06/21/americans-will-get-cheap-aston-martins-after-brexit-n2181723

Hmmm, buy 'em and flip to Russia or China! What could possibly go wrong?

[tiretrax]

My daughter attends the University of St. Andrews. She told me the pound is predicted to drop to $1.2 later this year.

[mistermo]

My daughter attends the University of St. Andrews. She told me the pound is predicted to drop to $1.2 later this year.
Sounds like forex option trading is in your future :banana:

[Neil]

1.2 dollars to the pound looks like it's going to happen sooner rather than later.

[texbike]

1.2 dollars to the pound looks like it's going to happen sooner rather than later.

Hopefully by the end of July (says the guy with the pending UK vacation). :)

Now if only our airfare would have been in Pounds...

Texbike

[binxnyrwarrsoul]

Hmm, so I could get Shimano hydraulic brakes for my warbird or I could get an entire 105 groupset to get my Bianchi back up and running or I could replace my ScRAM on my mtb with SLX/XT for the same $$.

Or I could remember that I need a new furnace...:crap:

Who needs a furnace, it's summer. Uh, not to, um enable or anything.

[Neil]

Hopefully by the end of July (says the guy with the pending UK vacation). :)

Now if only our airfare would have been in Pounds...

Texbike

I'm coming the other way at the end of July, I should probably pack enough food for my stay.

[Neil]

I think we've made quite a few historic moments happen in the past few days, here's another:

Britain's downgrade by S&P today was historic - the first time the ratings agency has ever cut a AAA sovereign rating by two notches.

[akelman]

Well, at least the lads are doing well at the Euros. Oh wait... (I really am sorry. My British friends are all going out of their minds. It's just awful.)

[Ralph]

52% of voters were for it. So they are getting what they voted for.

[SoCalSteve]

Merlin has Etap groups in stock at a very nice price, but when I go to purchase it and check out, it won't allow me to as it says no shipment to the US. I tried other countries as well, but it's only being allowed to be sold in the UK.

Thoughts on why???

Maybe they have so few that they want to keep them in their country for their citizens? Or, the boxes are so big and bulky that they don't want to ship? Or, they made an agreement with SRAM?

I sent them an email asking why, but have not heard back from them.

[vqdriver]

merlin.... hrm. I looked at ribble and pbk, but didn't see it there at all. hadn't tried merlin but just looking now tho and it says sold out. anyone else have it there?

[SoCalSteve]

merlin.... hrm. I looked at ribble and pbk, but didn't see it there at all. hadn't tried merlin but just looking now tho and it says sold out. anyone else have it there?

Complete group for under $2300.00 is in stock

[Neil]

https://www.youtube.com/watch?v=-a6HNXtdvVQ

[stephenmarklay]

Hopefully by the end of July (says the guy with the pending UK vacation). :)

Now if only our airfare would have been in Pounds...

Texbike


Man I have been talking about going to the UK. I am not sure why but I really want to go. This could be all the reason I need.

[8aaron8]

I couldn't help myself, I just picked up a DA 9000/1 group with a 6800 cassette for $900 with the coupon code, that's the cheapest I've ever seen it.

[Andy sti]

Ordered at 6800 group from Ribble last week for $515. Just looked and it's now $484.

I for sure would have done 9000 for $900 though.

[vqdriver]

I couldn't help myself, I just picked up a DA 9000/1 group with a 6800 cassette for $900 with the coupon code, that's the cheapest I've ever seen it.

Which code?

[54ny77]

Soros20%

which code?

[Louis]

https://www.youtube.com/watch?v=-a6HNXtdvVQ

Soros20%

Black humor - the very best kind of humor.

And that all-purpose Hitler rant - is there any cause that can't use a good chuckle at Uncle Adolf's expense?

[PaMtbRider]

Ok, which one of you bought out Ribble? I just checked and the only groupset listed as in stock is SRAM Force.

[stephenmarklay]

Yep a day late and a dollar short. I was going to wait a few days to see if they dipped lower. :no:

[8aaron8]

Yep a day late and a dollar short. I was going to wait a few days to see if they dipped lower. :no:

I almost waited as well, but I have been waiting for about a year now so I just dove in. Probably when the new Dura Ace comes out 9000 will be blown out for even cheaper.

[eippo1]

Ok, which one of you bought out Ribble? I just checked and the only groupset listed as in stock is SRAM Force.

Hmm, everything seems to be in when I looked today.

[PaMtbRider]

Hmm, everything seems to be in when I looked today.

Weird, I just checked again and everything is back.

[jet sanchez]

How crazy would it be to have a Pegoretti set up with 6800?

[AngryScientist]

i bet things are a little chaotic at Ribble HQ these past few days.

[thwart]

How crazy would it be to have a Pegoretti set up with 6800?

Wash your mouth out with soap.

[christian]

How crazy would it be to have a Pegoretti set up with 6800?

Not at all.

[eippo1]

Wash your mouth out with soap.

I say go with Tiagra

[Big Dan]

Ride what you like.

[binxnyrwarrsoul]

wash your mouth out with soap.

potd.

[YoKev]

I'm holding out on a silver 105 group till it drops below $300!

[rileystylee]

You should feel free to moan. The whole situation is crap. I'm sorry that I brought it up.

The situation is not crap at all..
People who live in war torn countries - that's crap

[Joxster]

Buy your shimano now, there's a 10-20% price increase coming in the next week

[akelman]

The situation is not crap at all..
People who live in war torn countries - that's crap

This sort of "it could always be worse" is both true and also arrant nonsense. Yes, it's terrible to live in a war-torn country. But it's also terrible to lose one's job, one's savings, one's sense of security.

[stephenmarklay]

Buy your shimano now, there's a 10-20% price increase coming in the next week

Is that when they repurchase?

[Joxster]

Is that when they repurchase?

Madison, the U.K. Distributor is putting their prices up due to the performance of the £ vs ¥ vs $

[rileystylee]

This sort of "it could always be worse" is both true and also arrant nonsense. Yes, it's terrible to live in a war-torn country. But it's also terrible to lose one's job, one's savings, one's sense of security.

Who's lost their job, saving and sense of security exactly?
Yeah, New Orleans flooding and a Japanese tsunami is something to moan about , Brexit isn't.

[stephenmarklay]

Madison, the U.K. Distributor is putting their prices up due to the performance of the £ vs ¥ vs $

That makes sense.

[Kirk007]

Dura Ace group with dura ace pedals: 1190.00 - Ribble and Merlin

Campy Super record ti cranks (2014): $313 or so

Record cranks (2014): $222.00

New Chorus groupset : $950 or so

Free shipping.

Makes me want to stock up for future frames!

[jds108]

Looking on Ribble right now, they have the Chorus groupset priced from $797.99!!! I'd end up spending about $50 more between the brake and cassette upgrade, but holy smokes, that's cheap.

Just have to remind myself I don't need it. I don't need it. I don't need it.