According to one study, electric bike sales jumped 145% in just one year.
If you were interested in getting the best electric bike, you might be wondering about the cost of an electric bike.
Thankfully, we’re here to help you out. Keep reading to find the perfect guide for electric bike prices.
Average Cost of an Electric Bike
On average, the cost of an electric bike can range between $600 to $8,000. However, most bikes will be around $1,500.
The cost of the electric bike normally depends on the different parts of the bike and the brand. However, there are two main parts of the bike that are most expensive: the motor and the battery.
If you add on a controller as well, this is where the increases in price start to happen. You can also add a lot of other customizations to the bike which will drive the price up.
Many of the expensive bikes also have custom frames that hold all of the wirings as well. This gives the bike a more streamlined and put-together look.
Maintenance Costs
While the cost of the bike is important, you should also consider the maintenance. The electric bike has all kinds of sophisticated parts that can wear out if you don’t properly take care of them.
You should get a tune-up to lengthen the life of your bike and catch any issues before they become more expensive later on. In general, a tune-up costs around $100. However, with a specialized gear system, it could cost even more.
Even if you have a lot of tune-ups, an accident could happen to the bike. For example, if you get a flat tire, you may have to pay around $20 to get it fixed. Sometimes the tire will need to be completely replaced.
You could also end up needing new brake pads or other adjustments. A lot of shops will charge between $20 and $35 for that type of adjustment.
When buying bikes, try to look for something that’s marked as maintenance-friendly. These bikes have quick-release cables that make maintenance a little bit easier.
Save Money
If you can’t afford electric bike prices, there are a few ways to lower the cost.
For example, if you want a different brand, you can check them out first. However, if you want a higher-end model that gives you all kinds of features, then this will be difficult to keep the cost down.
If you want a name-brand bike but want a cheaper cost, try finding an older model that’s on sale.
Learn More About the Cost of an Electric Bike
These are only a few things to know about the cost of an electric bike, but there are many more factors to consider.
We know that buying any type of large purchase can seem overwhelming, but we’re here to help you out.
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