What Does An Electric Bike Really Cost To Run
If youre thinking of buying an electric bike, you need to consider what it will cost to run and maintain your new purchase. Dont worry, though weve put together this handy guide, containing everything you need to know about the costs and savings associated with owning an electric bike.
Riding an electric bike is identical to riding a regular bike, with the exception that it includes a few extra parts and requires charging. If you ride your electric bike frequently, you’ll need to service it and replace parts more frequently than if you ride a non-electric bike. This is due to the fact that you’ll most likely be riding at higher speeds and for longer distances than usual, putting additional strain on your bike.
Rad Power Bikes Radwagon 4
Cargo electric bikes are the workhorses of the e-bike world. They have higher weight capacities and more surface area for carrying all of your gear.
The $1,999 Rad Power Bikes RadWagon 4 is one of my favorite options thanks to the awesome build and wide range of compatible Rad accessories.
The bikes 750W motor and large capacity battery make it easy to hit the top speed of 20 mph and ride farther than your errands will require.
Plus that long rear bench has tons of room for boxes, bags, or kiddos. Ive had three riders on the bike plenty of times, and it can definitely do more. Plus, I love that double center kickstand for creating an ultra-stable parking platform.
Check out my full in-depth review of the RadWagon 4 e-cargo bike here.
Rad Power Bikes RadWagon 4 quick specs:
- Motor: 750 W geared rear hub motor
- Top speed: 32 km/h
- Range: 45-72 km depending on user input
- Battery: 48V 14Ah
How To Ride Your Electric Bike Safely To Avoid Crashes
Regardless of whether you purchase insurance for your electric bike, you must always ride as cautiously as possible. If you are riding any of the Honbike U4 models, you don’t need to worry about damage caused by exposure to water. The components are highly water resistant, and you can ride your electric bike anywhere, regardless of the weather. Here are some simple guidelines for biking safely:
- Put on a helmet.
- Make all turns and stops known.
- At all times, pay great attention to the road.
- Avoid sharing a bike with another individual.
- Never ride while intoxicated.
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Should You Insure Your Electric Bike
Over the past few years, the use of electric bikes has skyrocketed. This is attributable to the fact that e-bikes are now better than ever and serve as excellent incentives for new riders, those returning to the sport, and regular cyclists seeking an extra boost.
However, using an e-bike requires great discipline, just like operating a vehicle. There is always some risk involved with riding because you ride on the road with other drivers and people on foot. For example, you can be responsible for the harm caused by an e-bike accident. Although it is rarely a requirement, e-bike insurance is useful in some situations. We’ll go over everything you should know about obtaining coverage for an electric bike to aid you in determining if it’s the correct choice for you.
Can I Do Diy Maintenance On My Electric Bike
This is a great question! When it comes to electric bikes I usually recommend that people buy locally if possible. This is because the bike will be assembled properly, following specific torque ratings on screws and such, and will be fit to the rider for improved comfort.
In the bike industry, many shops that sell both traditional and electric will tell me that ebikes see 10 times the use. This is based on customer feedback and tuneups that they provide. People just ride electric bicycles more, and further, and faster! Some of that wear can be serviced by the end user but when it comes to throttles, batteries and computer systems things can get tricky.
Electric bikes marry mechanical systems with software and electrical complexities. There is a reason that Apple calls their tech support “Geniuses”, right? Advanced knowledge and a specific toolset are required to truly maintain electric bikes as well, in my opinion. The most basic bikes that do not offer torque sensing pedal assist, LCD display readouts or frame-routed cables may be self-serviceable or simply disposable given their lower price point but the more purpose-built offerings really benefit from that professional touch and often times have locked computers with special diagnostic tools much like automobiles.
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Electric Bike Insurance Cost
E-bike insurance can be included as part of your home and contents insurance policy, or bought off the shelf as a standalone product.
Most insurance premiums for bikes are calculated with a range of risk factors like your postcode and claims history, factored into the cost of a replacement model in mind. Tell your insurer the cost to replace the bike today on a like for like basis. An e-bike should cost more to insure than a non-electric version.
Issues With Commuting By Car
Everyone has a different experience with cars, but many people can point to one or two main sticking points for what frustrates them on the topic.
Supply chain disruptions and low interest rates have ratcheted up the cost of both new and used cars to an unsustainable level. Even if one has the money to afford a new car, availability is still at an all-time low as computer chips, and high labor costs prohibit manufacturers from meeting demand.
Traffic during the pandemic was light and flowed well. But with office reopenings and back-to-school drivers, the streets are now dense with honking horns, construction, and accidents from irresponsible drivers.
Fuel prices remain elevated far above pre-pandemic levels with no salvation in sight thanks to unfortunate geopolitical tensions around the world.
Environmentally conscious individuals want to achieve a sustainable future and simply dont want to contribute to more pollution via emissions that increase greenhouse gases like carbon. City driving is especially fuel-inefficient, with cars idling and not performing at their highest mile-per-gallon range.
Vehicle maintenance such as oil changes, brake pads, and filter replacements are expensive, easy to forget, and a big time commitment.
All of these reasons and more beg for a better way to commute. Thankfully, electric micro-mobility options are rising to meet the challenge!
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Additional Expenses Of An E
There are some ongoing costs which youll need to look at in detail, beyond what you would spend on a non-electric model. The warranty and after sales service will be higher because of the extra work needed. You might need to replace components more frequently if you maintain higher speeds because they will wear out sooner, for example after hard braking. You might also want to buy a travel battery charger to keep at your place of work or study.
Expensive Vs Cheap Ebikes
The cost of your electric bike can be higher based on a few factors. The quality of the materials to build an eBike determine some of the pricing, with the most durable materials costing more. Bike frames made from carbon or titanium will end up costing more due to their lightweight durability. Cheaper bikes are usually made of low-cost aluminum or iron. Additionally, higher-priced models may have more electronic components installed, such as a GPS, a trip computer or a circuit breaker.
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Gas Is Still Expensive These Are Currently The Best Affordable Electric Bikes Weve Tested
I know, I know. The whole Dont like gas prices? Ride a bike! sounds annoying and feels impractical for most people. But if you werent already aware, theres a much more practical alternative to conventional pedal bikes: fun and energy-efficient electric bikes! Now more than ever, with gas prices rising steeply and uncertain fuel prospects on the horizon, perhaps its time to give an electric bike a second thought.
Look, if you can pedal for your entire commute, thats awesome. Go for it! But the simple fact is that very few car commuters have the patience or physical stamina to trade their car commute for a pedaling slog on an old-school 21-speed. But electric bikes have seen huge success convincing drivers to make the switch to two wheels.
E-bikes basically take the pain out of cycling, turning a long and arduous bike ride into a shorter, faster, and funner joyride. While most e-bikes have a pedal assist feature that gives you a helpful push while you provide a portion of the pedaling, many also have hand throttles that allow them to be ridden like mopeds, no pedaling required. Pedaling is great for exercise, and its awesome that e-bikes provide that option. But sometimes you just need to get to work quickly, and thats where a low-cost e-bike with a hand throttle can be a nice alternative.
Finding The Right Price For Your Electric Bike
As you explore different electric bikes in the market, the first and most important question to ask yourself is what you will use the bike for. If you are going to use the bike primarily on the road, then your choice should be an electric road bike or hybrid. You really dont need a mountain bike for that purpose. Aside from this, if you will be making a ride in snow, mud or rugged conditions, you will probably need a fat-tire electric bike.
There are certainly different varieties of electric bikes in different categories. Sporty. Commuter. Racing. Off-road. Determine the type of electric bike you want. Look for reputable brands that sell eBikes with the features you need.
If you need help determining what kind of electric bike would be best for you, check out our completely unbiased eRideables Buyers Guide.
And remember: Look for a brand with a proven track record and excellent reputation.
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The Quality Of Components
The quality of e-bikes can be best examined through their power ratings, electric motors and speeds.
The power ratings are synonymous with the ease of performance and the efficiency of the vehicle. Costlier e-bikes have more powerful motors that can cover large distances with greater speeds, as compared to their more affordable counterparts. Similarly, if you are someone who is after a bike equipped with eye-catching accessories such as baskets, gleaming lights and LED technologies, you should also be ready to pay additional costs.
Ensuring your bike is equipped with the right components for your riding style becomes especially important the more specialized the e-bike. Electric mountain bikes , especially downhill bikes, need more powerful motors and batteries to help trail riders skip the lift, summit to the top of the trail system and fly back down.
Electric road bikes usually prefer lighter, components and less powerful electric assist to give riders that extra boost as the miles add up.
Are Electric Bikes Worth The Cost
Are Electric Bikes worth the cost? A very valid question to ask if you are planning to buy one. If its worthy or not is difficult to determine as what seems to be great on the surface may not always bring the best outcome. So, how about we look at a few practical factors and then come to a conclusion?
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Maintenance Costs Of An Electric Bike
Electric bikes, like bicycles and cars, do require some maintenance. Regular maintenance for moving parts like the chain will extend the life of the part. This can also give you a smoother and quieter ride.
We recommend a basic tuneup every 400 to 500 miles. This will include a full safety inspection, lubricating the chain and cables, check and adjust bearings, and adjusting the brakes and shifting. A basic tune-up for hour ebike will cost between $90-$120.
Maintenance costs for an ebike usually include the regular aspects of bike maintenance. This includes brake adjustments, replacing brake pads, replacing cables, and shift adjustments. There is generally very little maintenance required for quality electrical components.
Disc brakes need periodic adjustments for best performance.
A Few Words In Conclusion
What is exciting about road e-bikes is that we are slowly witnessing just how far manufacturers are willing to go to drive e-bike technology to full development. And to think that the technology is still nascent, considering the still limited offerings out there, only drives the point further.
Looking at the trajectory of road e-bikes, it is safe to say that if there will be price changes, it will involve the ceiling only being pushed further upwards. As the e-bike technology continues to develop this should be expected, and, of course, most manufacturers are always basing their improvements on rider feedback. This makes it difficult to predict where road e-bike prices will eventually settle as these stark signs of progress happen.
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Class 13 Of Electric Bicycles
The three class electric bike system is garnering public attention in recent times with bicycle advocacy groups like People for Bikes pushing for more and better access for riders. Each class has it’s own pros and cons.
- Class 1 e-bikes are pedal-assisted and do not have a throttle.
- Class 2 e-bikes are throttle-assisted, having a maximum speed of 20 mph.
- Class 3 e-bikes can be throttle-assisted, pedal assisted, or both. With a maximum speed of 28mph and a speedometer required these bike are subject to more rules and State laws.
For a more in depth look at the classes of electric bikes check out our article “What is an E-Bike?“
Owning An Electric Bike Is The Best Investment Youll Ever Make
Money savings from electric bikes go beyond the most obvious costs, like purchasing. Theres also commuting time and our physical and mental health. These are also important and can be costly over time. We dont want to wait for another 5 years until we realize just how much weve spent in gym memberships we rarely use, doctors visits, therapy and health insurance etc. It can all add up to thousands and thousands of dollars. Ready to energize your life? Why not start with Voya E+, our lightest ever commuter e-bike?
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How Electric Bikes Solve Your Commuting Problems
The last few years have been some of the hardest on record. Closures and openings, record-high energy costs, and supply chain disruptions have left many individuals in a lurch as to their primary transportation needs and how best to fulfill them. Weighing the pros and cons of car ownership and how to commute in general is top of mind for almost everyone.
Drivers are flooding the roads as they head back to work and school, either hybrid or full-time. Parents are dropping kids off and picking them up from elementary schools and kindergartens. Folks are traveling more than ever before, so cities are even more packed than normal. This heavy traffic volume creates all sorts of issues for commuting. With the growing availability and popularity of e-bikes, the time has finally come to break free from traditional commuting patterns and look at the problem from a different angle.
How Much Do Electric Bikes Cost: An In
Whether electric bikes are your new-found love, you’re looking for a high-quality e-bike for everyday commuting, or you have decided to step up your cycling game, there’s always the central question:
How much do electric bikes cost? Does higher cost always mean better quality?
Don’t fret – we know that deciding on the budget can be a challenging task, but we’ll discuss all of the factors that will help you find the best value for money.
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Are Electric Bikes Worth It
Ultimately only you can decide whether or not an electric bike is worth it to you. Itâs clear that owning an electric bike is going to be more expensive than a non-electric bike but perhaps not by as much as youâd first thought! Thatâs because many of the costs of an electric bike are the same as those that youâll need for a non-electric bike anyway. One of the big differences is of course just the cost of an electric bike over a regular one. Itâs also worthwhile considering how low the annual running cost of an electric bike is in comparison to a car â if youâre able to replace your car with an electric bike you may be on track to save thousands of pounds over the years.
The Three Classes Of E
In the U.S., there are three classes defined by the type of assist and how fast the motor will propel you. Most electric bikes are defined as class 1 or 3. Class 1 bikes have a motor that assists while youre pedaling, up to 20 mph. Class 3, also known as speed pedelec, can also have up to only a 750w motor , but can assist you up to 28 mph. Both are allowed in most states and cities without the need for a license. Rare just a year ago, Class 2 models are becoming more popular, especially at lower prices. These models have a throttle that can propel a bike up to, and maintain, 20 mph without having to continuously pedal. Some bikes blur the lines. Aventons popular Pace 500, for example, is technically a Class 3 e-bike in that it reaches speeds up to 28 mph, but it also has a throttle that tops out at 20 mph .
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