Yes? Are you new to MTBs? You can easily spend that for one without a motor, and 0.75 HP is double what an average rider can sustain with pedal power. It's not class-leading levels of power, but can still be an awesome bike assuming the weight is low enough.

This isn't a used 2-stroke dirt bike, it's an electric MTB - completely different.

Whilst I am very much accustomed to the price of bicycles as a cyclist myself.

It still does amaze me that some bikes cost quite close to that of an entire dirt bike, which in my opinion has much more impressive engineering. Not to mention having much much more material.

Might as well buy a trials bike. About the same size, still lightweight, and about 12 torquey horsepower. Only a few thou more expensive.

https://gasgas.com/en-us/models/trial/txt-gp/txt-gp-250-2023...

Gasgas doesn't make an adult electric bike yet.

https://www.electricmotion-usa.com/