Posts
6352
Joined
2/25/2009
Location
Mankato, MN
US
Fantasy
583rd
Just a guess but now that Alta is done, wouldn't you think that they will eventually go up in value ?
It seems like it could be awhile before another Electric bike of that quality comes into play.
If someone went and bought 10 of them and kept them on like new condition for 10 years what would they be worth?
I know nobody knows the answer to that so it would be just a guess.
Note i cant afford 1 let alone 10 personally.
It seems like it could be awhile before another Electric bike of that quality comes into play.
If someone went and bought 10 of them and kept them on like new condition for 10 years what would they be worth?
I know nobody knows the answer to that so it would be just a guess.
Note i cant afford 1 let alone 10 personally.
Also, electronics dont go up in value. Once the main companies make better ebikes, nobody will want altas.
The Shop
It was Just a though but usually when something is in limited supply it goes up in value.
Someone mentioned Cannondale. People were lusting over them during the pre-release magazine hype. That all ended shortly after they hit the market. Very few people look at a Cannondale today and say "I've always wanted one of those". If you are one of those few people, let me know. I've got a friend with 3 still in the crate and 2 assembled O-miles Cannondales that will make you a good deal.
An example of the opposite end is Pentons. In the late 70's, anyone who rode a dirt bike wanted a Penton. At 3x the price of the Japanese competition, few could afford them. 40 years later, the emotional desire to own one is still there. Some of those people now have the income to do so. Penton's technology is outdated compared to current standards and parts are not readily available, but they're buying a 40 year old dream.
So will the Alta be a Cannondale or a Penton? People still want them, but few could afford one. Now you can't buy one if you hit the Lottery. That memory and desire will be there years. I'm leaning towards a Penton. Plus, early examples of revolutionary technology that eventually proves to be successful are highly collectible. If e-bikes are the future, stashing a few pristine Altas away might be a good investment...Assuming you're willing to wait 40 years to cash in.
How many laptops do you know of that have gone up in value? The technology (software and batteries) on ebikes advances all the time. Who knows what they'll be like in 10+ years?
According to a recent PC World article...
Apple 1sold for $666 in 1976, Current value $15K to $25K
Apple 2 sold for $1,298 in 1977, Current value $15 to $250 (missing K not a typo)
You just never know in the collector market, but Alta is the first example of an emerging technology that has mass appeal. Still not ready to add a garage full of Altas to my retirement investment portfolio.
As a wealthy collector friend of mine once said, "a collector only buys the best, everyone else is just an accumulator."
Technology will definitely get better no doubt but it could be a while before we see another electric dirt bike thats as good or better imo
Pit Row
Consider it thinking out loud, and i though it would make for a interesting
conversation, thanks though im smart in some area's and lacking in others, and even i wouldn't take my financial advice im broke i couldnt afford 1 alta , so im clearly doing something wrong.
Absolutely!
"If someone went and bought 10 of them and kept them on like new condition for 10 years what would they be worth?"
At least three fiddy each guaranteed!
Not saying the same will hold true for the first Alta since like all things value is a function of supply and demand. So those saying they’ll be worth nothing since the technology will get better and better will be right until they’re wrong. By that i mean the price will likely depreciate until a market develops for them and they’re scarce. Safe to say by that point they won’t be buying them for their technological prowess but rather as a collectors/historical piece.
So if you’re investing, hope you’re not looking for a big return for the next 25-50 years: )
become an iconic brand and a permanent and important part of the history of our sport, as well as motorcycling in general, in a long lasting and positive way.
Post a reply to: Moto investing strategy