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Care and maintenance

How to save money on electric bikes

June 20, 2023

Author:

Anastasiia Chub

Electric bikes are a great way to get around, whether you want to commute, exercise, or just have fun. They can help you save money on gas, parking, and maintenance, as well as reduce your carbon footprint and improve your health. But electric bikes are not cheap. They can cost anywhere from $500 to over $5000, depending on the quality, features, and performance. So how can you save money on electric bikes without compromising on your riding experience? Here are some tips and tricks to help you find the best deals and discounts on electric bikes.

1. Do Your Research

Before you buy an electric bike, you need to do some research. You need to know what kind of electric bike you want, what features you need, and what your budget is. There are many types of electric bikes, such as mountain bikes, road bikes, city bikes, folding bikes, cargo bikes, and more. Each type has its own advantages and disadvantages, depending on your riding style and preferences. You also need to consider the battery capacity, motor power, speed, range, weight, and durability of the electric bike. These are all factors that affect the performance and cost of an electric bike.

You can find a lot of information online about different electric bike models, brands, and reviews. You can also visit local bike shops and test ride some electric bikes to get a feel for them. Doing this research will help you narrow down your options and find the best electric bike for your needs.

2. Compare Prices

Once you have a shortlist of electric bikes that meet your criteria, you need to compare prices. You can use online tools and websites to compare prices across different retailers and platforms. You can also check for coupons, discounts, and promo codes that can help you save money on your purchase. Some websites offer price alerts and notifications that can help you find the best time to buy an electric bike.

You can also look for second-hand or refurbished electric bikes that are in good condition and have a lower price tag. These can be found on online marketplaces, classified ads, or social media groups. However, you need to be careful and inspect the electric bike before you buy it. Make sure to check the battery, motor, brakes, tires, and frame for any signs of damage or wear and tear. You also need to ask for the warranty, receipt, and service history of the electric bike. Buying a second-hand or refurbished electric bike can be risky, but it can also be a great way to save money on a quality electric bike.

3. Look for Incentives and Rebates

Another way to save money on electric bikes is to look for incentives and rebates offered by governments, organizations, or companies. Some countries and states have programs that encourage people to switch to electric bikes by offering tax credits, subsidies, or vouchers. For example, in the UK, you can get up to £1500 off an electric bike through the Cycle to Work scheme. In the US, you can get up to $7500 off an electric bike through the Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act.

You can also look into incentives and rebates that are offered by electric bike manufacturers or retailers. Some of them have loyalty programs, referral programs, or trade-in programs that are designed to help you save money on your electric bike purchase.

For example, Rad Power Bikes has a Rad Rewards program that gives you points for every dollar you spend on their website and these points can be redeemed for discounts on future purchases. They also have a Rad Referrals program that gives you and your friend $50 off when you refer them to buy an electric bike from their website.

4. Buy at the Right Time

Another tip to save money on electric bikes is to buy at the right time. There are certain times of the year when electric bikes are more likely to go on sale or have lower prices. These include:

  • Black Friday and Cyber Monday: These are the biggest shopping days of the year, when many retailers offer huge discounts and deals on electric bikes and accessories. You can find some of the best prices and bargains on these days, but you also need to be quick and prepared, as they can sell out fast.
  • End of Season: This is when many retailers try to clear out their inventory and make room for new models and products. You can find some great deals and discounts on electric bikes that are from the previous season or year. However, you may have fewer options and choices, as some models and sizes may be out of stock or discontinued.
  • Holidays and Festivals: These are occasions when many retailers offer special promotions and sales on electric bikes and other items. You can find some good prices and offers on these days, but you also need to watch out for scams and fake deals that may try to lure you in.

5. Save on Accessories and Maintenance

Electric bikes require some accessories and maintenance to keep them running smoothly and safely. However, you don’t need to spend a fortune on these. You can save money by:

  • Buying only essential accessories: Essential accessories for electric bikes include a helmet, a lock, a pump, a toolkit, a spare tube, and lights. These accessories can help to protect you, your electric bike, and other road users. Plus, you don’t need to buy fancy or expensive accessories that you don’t really need or use.
  • Shopping around for the best deals: You can find some of the best deals and discounts on electric bike accessories online or at local bike shops. You can also look for bundles or packages that include multiple accessories for a lower price, or use coupons, discounts, and promo codes to save money on your purchases.
  • Doing some DIY maintenance: You can do some of the basic maintenance on your electric bike yourself, such as cleaning, lubricating, inflating, and adjusting. This’ll help you save money on professional service fees and extend the lifespan of your electric bike. However, you need to be careful and follow the manufacturer’s instructions or the manual. You also need to know when to seek professional help for more complex or serious issues.

Conclusion

Electric bikes are a great investment that can help you save a lot of money in the long run. However, they can also be quite expensive upfront. That’s why it’s helpful to learn how to save money on electric bikes without compromising on your riding experience. By following these tips and tricks, you can find the best deals and discounts on electric bikes and enjoy the benefits of riding an electric bike.

FAQs

How much does an electric bike cost?

The cost of an electric bike depends on many factors, such as the type, quality, features, and performance of the electric bike. Generally, electric bikes can cost anywhere from $500 to over $5000.

How long does an electric bike battery last?

The battery life of an electric bike depends on many factors, such as the battery capacity, the level of assistance, the speed, the terrain, the rider’s weight, and the weather. Generally, electric bike batteries can last from 20 to 100 miles on a single charge.

How fast can an electric bike go?

The speed of an electric bike depends on many factors, such as the motor power, the level of assistance, the gear, the terrain, the rider’s weight, and the wind. Generally, electric bikes can go from 15 to 28 mph, depending on the type and regulation of the electric bike.

How do I charge an electric bike battery?

To charge an electric bike battery, you need to plug it into a power outlet using the charger that came with your electric bike. You can charge it either on or off the bike, depending on the design of your electric bike. Remember to follow the manufacturer’s instructions or the manual on how to charge your electric bike battery safely and efficiently.

How do I take care of an electric bike?

You need to do some regular maintenance and cleaning in order to effectively take care of your electric bike. This includes checking and inflating your tires, lubricating your chain, adjusting your brakes, and cleaning your frame and battery. You also need to store your electric bike in a dry and cool place, away from direct sunlight and extreme temperatures, and remember to seek professional service when needed.

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