(1) bikes are priced disproportionally high compared to cars, (2) e-bike even more so, (3) this is a top of the line model from a fancy brand, (4) cost of ownership of a bike is a very small fraction of a car, with a bike when you've paid for it you're done, maintenance is cheap and DIY. Cars: insurance, expensive maintenance, road tax, fuel etc.
Personally I almost always buy my bikes second hand, there are always deals to be had where bikes are only a few months old and are sold with a 50% or more discount.
In Belgium, second hand bikes tend to be overpriced, because many sellers aren't aware of the disproportionately high cost of local labor compared to the cost of producing a new bike. The price of local labor should be taken into account because you need it to maintain the second hand bike. I used to buy my bikes second hand, but I've switched to buying a new one every three years, and it requires little maintenance since I choose a higher end one.
I agree with you comparison to cars. In the last five years prices have significantly gone down thanks to big players like Decathlon or online brands, but they're still quite high. 500 euros can buy you 1000 kg of second hand metal, or an entry-level bicycle. I know there's more to it, but I still don't understand why good quality bicycles cost so much to produce.
Yes and no, at least for Brussels than I know. Yes, fancy road bike and so on tends to be expensive for second hand. No because, if you look at more "old" bike and you reach to a lot of bike association, often you have kind of repair shops managed by non-profit were you can learn to repair your bike only paying for the pieces your need with someone. Not the best gear will be available but you can easily transfer that knowledge after to maintain your bike on your own.
Brussels and cities in Wallonia can be very hilly and valley-y and require either a good enough bike and/or physical condition. Outside of the cities, Ravel are a good way to travel and avoiding small roads when cars are going way to fast because of habits. An e-bike in those cities is really a nice tools to navigate. The bike infrastructure is not as much there than in Flanders but it will finally come to the same level, I hope. I see way less cargo bike than in the Netherlands too but that will come with the bike infrastructure because riding the city is still tough IMO.
Another angle: or why cars are so incredibly cheap for what they offer. Do keep in mind that car manufacturers make a lot more on the after-sales track than bike manufacturers ever will and some might be willing to reduce the sticker price a bit but raise the price of parts and maintenance to counterbalance that.
I think it's just the difference that car industry is much bigger and much more efficient with its labor. It's also widely different markets so clearly markup is very different. Where automobile markup is often not more than few percent hipster urban ebike market can easily justify 500% markup.
I expect bike and component prices to go down with wider adoption. Especially e-bikes. I was for example surprised to see that on my kids-towing e-bike in a hilly city I have to change front-disc-brakes pads approximately every 1'000km which, at 20€ a pair of disc-brakes pads in Switzerland, translates to approximately 0.02€ per km just for braking. Which at the end of the day is not an issue for me but seems SO expensive in comparison with a car.
I believe it might have to do with the near-monopolies of bike component producers, like Shimano or SRAM. It might also be related to the antiquated model of distribution with local bike shops that have little freedom about how they can sell within the exclusive contracts they have with big brands.
There's also the mix of leisure practice of cycling that clashes with a more practical use. In the first case, bikes are almost a Veblen good. People are happy to spend crazy amounts of money to save what is in the end very little weight.
For instance I recently looked SRAM Eagle groupset prices. The cheapest version is $380, and the most expensive one is $1,381. The weights are 2032 g and 1,502 g respectively. Almost 4 times the price for saving 25% of the weight!
Consumers that are ready to spend that amount of money get a lot of attention from the industry, that has little incentive to cater to the needs of daily cycling commuters, who're looking for cheap, reliable and durable bikes.
Bikes could not possible get 'wider adoption' where I live and yet prices are what they are. Switzerland is probably one of the worst countries for bike brake maintenance, here I got for many years between pads/discs and I cycle a lot, as much as most people would drive their car.
A lot of those 50% off used bikes are probably stolen which is why they are so cheap. Bike theft is rampant in a lot of cities and it is trivial to export them to other places to sell them.
Not a chance. Frame # check is an easy thing to do here and if someone's new bike gets stolen it is a sure thing that will get reported to insurance / police.
But new bikes get stolen to be chopped up for parts regularly. Joke on the subject: The bike theft report form for the Netherlands contains a field labelled: "Where did you steal the bike yourself?"
Personally I almost always buy my bikes second hand, there are always deals to be had where bikes are only a few months old and are sold with a 50% or more discount.