Lovely bike but......

[singletrack]

I don't think I would pay that much for it

It might be an unused 1993 Monster 900 but is it worth that money?

http://www.ebay.co.uk/itm/BRANDNEW-1...EAAOSwYaFWccXP

This one was on not long ago. Obviously not worth as much as the owner thinks it is.

[Albie]

Originally Posted by singletrack

I don't think I would pay that much for it

It might be an unused 1993 Monster 900 but is it worth that money?

http://www.ebay.co.uk/itm/BRANDNEW-1...EAAOSwYaFWccXP

In a word NO unless you were rich and couldn't care less and rode it to not be worth the asking price ever again or just wanted to look at it forever and not start it. If the latter then maybe it is for a museum piece. I would just want to ride it as new.

[Dirty]

How much were they new?

[slob]

£7.5K in '94

[Dirty]

Originally Posted by slob

£7.5K in '94

Hmmm, if you'd stuck it in the bank you'd have between £16 and £20k, far more in stocks n shares.

[ercasa]

They are putting a c.50% (£5000) implied premium on it due to scarcity

Inflation adjusted would cost £11,400 now (using actual CPI data)

If you put cash in bank you'd have £9,400 (using average historic return on cash of 1.1% )

All in all - not a good deal IMO

YEAR INFLATION BIKE COST CASH RETURN CASH
2015 0.23% £11,408 1.1% £9,437
2014 0.55% £11,382 1.1% £9,334
2013 2.00% £11,320 1.1% £9,233
2012 2.71% £11,098 1.1% £9,132
2011 4.20% £10,805 1.1% £9,033
2010 3.73% £10,369 1.1% £8,935
2009 2.83% £9,997 1.1% £8,837
2008 3.11% £9,721 1.1% £8,741
2007 2.12% £9,428 1.1% £8,646
2006 2.97% £9,233 1.1% £8,552
2005 1.92% £8,966 1.1% £8,459
2004 1.64% £8,797 1.1% £8,367
2003 1.25% £8,655 1.1% £8,276
2002 1.69% £8,548 1.1% £8,186
2001 1.07% £8,406 1.1% £8,097
2000 0.75% £8,317 1.1% £8,009
1999 1.20% £8,256 1.1% £7,922
1998 1.55% £8,158 1.1% £7,835
1997 1.69% £8,033 1.1% £7,750
1996 2.30% £7,900 1.1% £7,666
1995 2.96% £7,722 1.1% £7,583
1994 - £7,500 - £7,500


SOURCES http://www.inflation.eu/inflation-ra...t-britain.aspx http://monevator.com/uk-historical-asset-class-returns/

EDIT: note the cash return would be less cause it's gross of taxes

[Darkness]

Originally Posted by ercasa

......If you put cash in bank you'd have £9,400 (using average historic return on cash....

Or possibly a lot less if you'd been sold an investment bond supported by a bundle of sub-prime mortgages as security by a global financial services firm, such as Lehman Brothers.

[Darkness]

Originally Posted by singletrack

It might be an unused 1993 Monster 900 but is it worth that money?

It was the "top of the range" monster when it was made.

The equivalent now would be the 2016 Monster 1200R at £15,450 list, so the £15,900 he's asking is not much of a premium over the cost of the current new one.

You can buy as many 1200Rs as you want, but there is a very limited supply of NOS 1993 m900. My view is: it's excellent value if you want to keep it as an art work, something to look at that no one else has got, and may go up in value.

If you want to ride your purchase, the m1200R shall lose a lot less money in depreciation, comes with warranties, and wouldn't need a full change of seals and bearings to be reliable in service.

If you just want to look at it, the '93 m900 is pretty unique.

It's like why some people buy a "genuine" Van Goch, and others buy a framed print, though I'd rather plant some sun flowers in the garden.

[Dirty]

Originally Posted by ercasa

If you put cash in bank you'd have £9,400 (using average historic return on cash of 1.1% )

Except averaging out the interest rates creates a false return. Interest rates were over 5% in 94 and didn't drop to pitiful levels until 2008
£7500 in average accounts would give a return of over £16k. Chasing the best rates would get much more. In summary buying and mothballing a Monster gives a poor £ rate of return

2015 1.40
2014 1.48
2013 1.75
2012 2.80
2011 2.75
2010 2.80
2009 2.21
2008 5.09
2007 5.55
2006 4.68
2005 4.92
2004 4.56
2003 3.73
2002 4.00
2001 4.31
2000 5.00
1999 5.17
1998 5.75
1997 5.17
1996 4.54
1995 5.60
1994 5.36

[Darkness]

Originally Posted by Dirty

£7500 in average accounts would give a return of over £16k. Chasing the best rates would get much more. In summary buying and mothballing a Monster gives a poor £ rate of return

Anyone interested in a nice little Icelandic bank offering unusually high rates of interest?

I agree that Monsters are better for riding than as an investment, but who'd have thought that Star Wars toys would become tradeable, provided you are prescient [Or sad] enough to have left them in their boxes, unplayed with?

[utopia]

I'd buy it at its market value .... but only after I'd taken it for a test ride.
(pun intended).

Poor, sad monster.
Conceived as the best bike in the world ever, only to be condemned to life as a hollow cipher.