Friday, April 20, 2018

Cost analysis of carbon fiber frames and wheelsets, financing study

Wheels of Happiness

Rizal Philippines
April 20, 2018

Engineer  June and I gamely tried to negotiate with a local dealer of carbon fiber frameset and all we could get from him are  (best price)
         



Bianchi XR 4   $600





Pinarello carbon frame $555


                                             Kulay ng F10 ni VM





                                          Specialized Venge Vias  $700.00







 Frameset                                      SRP                   Our price                                $


           1.   Bianchi Pinarello           39,000         -    P35,000                          673.00



           2,   Specialized                   45,000                 42,000                          807.00

                The lowest he get for Bianchi is                 33,000                          634.00

                 The China prices are free shipping so the custom duties lang ang babayaran dito which is
                 P2,000 to 3,000/carton.


               Listed price at DHgate and Ali Express
                                                            COGS               Custom       Total              GP
               Bianchi                             $500.00             $60.00       $560.00         113.00     P5,876.00
               Specialized                       $700.00             $60.00         760.00            47.00      2,444.00

                                                Therefore he should be selling specialized at  45,000 to even
                                                     up GP

             The unpainted or painted bikes price hovers at $500.00 (for quality bikes)


              Maliit talaga kita.  If we could acquire from Taiwan bikes to as low as $200.00 then we are in. As of now.  the COGS are prohibitive

Good news:   There are bikes frames that are available for a range from less than $200.00.  I am inquiring if they are through volume discount..

            2.  Wheelset

                Rim Height            $ price      +      Customs         Total         SRP              Margin

            35 - 40 mm                     $295.00             $50.00      345.00         25,000    $135 =  7,020..00

            50   mm                           $315.00               50.00     365.00          27,000     154 =   8,008.00

            80  mm                             380.00                50.00     430.00          32,000     185  =  9,620.00

            You add $100.00 for ceramic and carbon fiber hubs.  (+ P5,200)

            Zipp dimpled:    Zipp dimpled wheelset from AWST



             45 mm superlight   495.00                50.00     545.00            28,3450.00
                 303 Zipp



             58 mm matte R36hubs   585.00               50.00    635.00          33,020
                   454


            50 mm dimpled Zipp       505                   50.00    555.00           28,860
                 R36


Financing:

               20% dp   12 months to pay at 12% add on

                               18 months to pay at 18% add on

             Say frames set

             TCP   =                                        P35,000.00

             D/P   20%                                        7,000.00

            12 months to pay                               2,613.33

            18 months to pay                               1,905.00

Qualifications/requirements

          1. Credit card number or

          2. Certificate of employment/itr

         3. Copy id certificate of membership from club

         4.  Has been biking for at least 5 years/member of the  club

         5.  Full release only upon showing of whole bike

Documentation:

        1.  PN

        2. Loan Agreement

        3.  Chattel mortgage on the bike

       4.  Bike insurance

             

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