‘Electric Bike’… I am pretty sure you all know about what is an electric bike. It is a motorized bicycle with an electric motor, and it is worked automatically while you are paddling.
Are you wondering if you can save your money by using an e-bike to get to work? So what are the costs of using an e-bike to get to work? Are e-bikes more expensive than other bikes? I know now your mind is full of these questions.
Don’t worry about that, let’s stay with this article and which will give you an overview of e-bikes’ costs.
cost of electric bikes
Firstly let’s look at the costs you have to spend on using an e-bike to get to work.
- Cost of buying a new electrical bike
Unfortunately, electric bikes are not cheap. Actually, the initial cost of buying an e-bike is higher than other motorcycles. Generally, electric bikes will range in price from a low of $600 to over $8000. Not many quality e-bikes can be had for under $1000, with most mainstream e-bikes costing between $1500 – $4000.
What makes e-bikes so expensive?
Electric bikes have super performance, so then they are somewhat expensive. Simply it is BETTER PERFORMANCE – MORE EXPENSIVE.
Not only performance, but some other factors also affect the higher cost of an e-bike. Bicycle components and materials If you want to upgrade the bicycle components you pay for components that have high quality, lighter weight, high strength, and high affectability.
Materials used to build the frame of an electric bike are more durable and high quality. And also, they have lightweight, that why riding an e-bike is more comfortable and easy to handle.
Cost of using and maintaining the electric bike
I am happy to say the cost of maintaining and using an e-bike is relatively somewhat less. The most frequent cost is the cost of “recharging the battery”. It costs 8 cents (6p) per charge of an electric bike in the UK. But the recharging cost is nothing compared to the cost of refilling a car with oil.
The other primary cost of using an electric bike to get to work is the cost of periodic repairs. It will arise from time to time as parts wear out or break. Fortunately, the majority of e-bike components are standard bicycle parts, and nearly all repairs can be performed at a local bike shop at a low price. Think about how much it will cost for even the basic repair of a car. It is a huge expense than a repair of an e-bike.
The battery on an electric bike can cost between $300-$600, and you have to replace it every two years.
These are the costs you have to spend when using an electric bike to get to work.
Money that you save riding an e-bike to go to work
Buying an electric bike can save you more money. It has calculated just how much money you can save by e-biking instead of driving a car. lt is over $5,000 a year.
How is that possible? Well. Let’s find out about that.
There are mainly two types of vehicle costs
- operating costs
- ownership costs
Actually, these operating costs and the ownership costs for electric bikes are lower than those for cars.
Mostly no parking fee – Think that if you replace a car trip with an e-bike trip for five days per week for one year, you will save at least $598 per year likely or more, depending on the only cost of parking in your area.
Even if you have no car payment, replacing your car with an e-bike would save you around $5,094 per year.
Actually, the typical 10-mile bike ride will save you two dollars compared to using a car.
Most peoples scold at the extra expense of buying an e-bike. But in many cases, it does not seem like a higher initial cost. There is a bundle of benefits to e-bike ownership that can provide an investment for the future. So these are the financial benefits of using an e-bike to go to work.
electric bike cost per mile
The total cost per mile for an e-bike ( battery charge, repairs) is significantly lower than for a cheap car (parking includes insurance, oil), in reality.
Ex: Some projects dependent on electric bikes determined that it costs between 0.0625 cents and 0.245 cents per mile.
Do e-bikes require a lot of maintenance?
NO…E-bikes don’t need much more maintenance than other regular bikes.
Is it expensive to maintain an eBike?
Actually, the maintenance on an electric bike is much cheaper and easier than on a car.
How long will an electric bike last?
E-bikes will typically last a long time. In the short answer : 3 – 6 years without maintenance. The motor of an e-bike will basically last up to 10000 miles at its minimum. The time period will be longer if you give additional care to your e-bike.
How Much Does an Electric Bike Battery Cost?
Basically, a new branded quality e-bike battery will cost between $500 to $900 or more depending on the brand, capacity, and the country where the battery was made. This will be for a battery with a capacity in the range of 400 wh to 700wh.
How much power does an electric bicycle need?
If you are a person of average weight, about 150 lbs, a 350-watt motor will have enough power for flat roads with a few moderate hills tossed in. You have to pedal with the motor to get up more on some hills, but the beauty of an e-bike is that it assists you in tasks like that.
Do electric bikes save you money?
YAA… Definitely, it is YES… As I mentioned above, it is like an investment for your future. The initial cost is somewhat high (but lower than the initial cost of cars), but after you buy it, the e-bike saves you more money.
Benefits of using an electric bike to go to work…
Easier to ride.
You don’t need any vehicle license or driving license to ride your e-bike, unlike cars. As same as you never pedal assist gives riders a boost.
A great alternative to cars
An e-bike is an investment that can actually save you money in the long run. When you are riding an e-bike instead of driving your car, not only are you benefiting the environment, but you are saving money and improving your health. So using an electric bike is a smart way to go to work.
Gas Savings – it only costs a few cents to charge your eBike battery, and most eBikes pay for themselves in fuel savings alone!
No traffic – Time-saving
Personally, for me, this is the main advantage of using an e-bike to go to work. You will not waste your time in traffics. You can get to work faster. Even amidst huge traffic, we can travel quickly by electric bicycle.
Have you ever paid to park your e-bike?! Actually, you don’t need to pay to park your e-bike in a park or in a public place.
Car loans – not only do you save on the ongoing expenses of owning and operating a vehicle, but you also save on the interest of car loans.
E-bikes don’t need more servicing than normal bikes and cars.
No or low insurance prices
Actually, the insurance fee for an e-bike is less than for a car.
As a hobby
If you are a really e-bike lover, you can use your e-bike to go to work. It is so fun, and a cheap form of entertainment. Have fun!
Extra benefits of using an e-bike
Better mental health. …
It gives you a good feeling when you ride the bike. Ridding an e-bike is really very fun. Isn’t it?
why do you go to a gym when you have an e-bike?
You can get better exercise from riding your own electric bike. Isn’t it?..
It improves physical health
As I mentioned earlier, owning an e-bike can save you money, is great for the environment, and can improve your health
Things to be aware of
If you need to last your e-bike more, you may make sure to last the battery of the e-bike.
These are the things to make your e-bike battery last longer,
- Use the suitable mode at the right moment.
- Reduce weight
- Use the right tires
- Pedal smoothly and ride smoothly to
- Don’t let the battery get too cold or hot
- Store the battery in cooler temperatures
This is the cheapest mode of transportation. It doesn’t generate money in a direct way, but it will help you save a nice sum for each year.
There are numerous reasons why you may use an e-bike to go to work, and saving money is one of them. Riding your bike to work is cheaper than cars and other vehicles. By using an e-bike you will be saving money in the long run, get exercise, and generally, you will be happier.