You have been, if you bought a new or near-new bike earlier this year. Check out the article in the latest Kiwi Biker mag about the NZ$ rise between 2001 - 2004. For each of the currencies the importers have to pay for their bikes in ($US, Yen, GBP and Euro) there was a massive change in the exchange rate which should have meant that prices ought to have gone down by thousands of dollars (with consequent flow-on effect on the second-hand market). Some of the figures are mind-boggling. What explanation, I wonder, can the importers and retailers offer for retaining this huge windfall??
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