way too much hype with mountain bikes i stopped buying new bikes in 2014 i only buy used and get great deals my last one was 2018 ellsworth evolution spec with sram eagle XX1 and xtr, bike was purchased for $9700 i bought it 2019 for $3600 without a scratch found it on pink bike. Almost bought a 2019 yeti SB130 bike was a few months old cost $6000 was selling for $3900 i offered $3200 he waited a few weeks called to make the deal but i had lost interest in it. Not crazy for 29ers. Many excellent used bikes out there. Covid beefed up prices due to the demand in outdoor sports mountain bikes overnight became the in thing. So supply and demand created the price surge.