How Much Does an Electric mountain Bike Cost
One of the fastest parts of the bicycle industry today is the production of electric bikes. According to the Global Data report, nearly $5.9 billion in the U.S. bicycle industry comes from e-bike sales.
Today, e-bikes are considered a great means of transportation, especially for commuting. Its integrated motor, pedal assist and extra power allow commuters to switch from regular road bikes to e-bikes. However, e-bikes range in price from $750 to $14,000. If you plan to use an e-bike for your daily commute, it’s important to understand the cost of an e-bike.
Here we will discuss the different price ranges of electric bikes. This will give you an idea of how much budget you need to allocate to get a new one.
Types of E-Bikes
Electric bikes are divided into three categories. It can be divided into primary, secondary and tertiary.
Tier 1 e-bikes do not have a throttle, but provide the user with pedal assist and power. It has a top speed of nearly 20 mph. Level 2 electric bikes, on the other hand, have pedal-assist power and throttle. They also have a top speed of 20 mph. Finally, the Level 3 e-bike can reach speeds of up to 28 mph and comes with gas- and pedal-assist power.
These three categories can take many forms and structures. According to different uses, electric bicycles can be divided into standard type, folding type, cargo type and off-road type. Different types have different prices and motor quality.
If your goal for buying an e-bike is general cycling, an e-bike can cost anywhere from $1,000 to $3,000. With this type, you can already enjoy premium batteries, motors and standard engineering.
You get the most basic features that an electric bike can offer the user. Although this type won’t have frills like bells, whistles and other extras.
On top of that, you get the most basic features like a quality motor, a good set of batteries, and well-designed construction. If you’re looking for something easy to store and carry, the foldable is the way to go.
If your purpose does not include recreational cycling and you need a machine to run your business, then we recommend a cargo electric bike. Cargo electric bikes are great for carrying a lot of stuff.
Electric bikes range in price from $1,800 to $8,000 and come with extra features. The cargo type is sturdy enough to handle a lot of loads. It is designed for carrying and transporting large amounts of weight and loads.
Electric bikes cost more than standard or foldable models because of the added features.
4. Off-roadIf you want a bike that is portable and suitable for travel and leisure, you can choose a folding electric bike. For this type, you must allocate a budget of $1500 to $3500. It’s more expensive than the standard type because it already uses an extra folding mechanism for the bike.
The off-road type is ideal for adventurers and travelers in off-road environments. It is specially designed for mountain roads and other challenging or rough terrain. Electric bikes range in price from $2000 to $5000 due to the strength and durability it provides.
Off-road e-bikes are made with heavy duty electrical components, which add weight to the machine. It can easily propel over rough terrain without compromising its speed and power.
Compared to the other types of e-bikes we have mentioned, off-road bikes are the most powerful and the most expensive. You need to spend more to enjoy the durability offered by off-road e-bikes.
most expensive electric bike
Since the introduction of electric bikes in the bicycle industry, many companies and manufacturers have competed to produce the best bikes of all kinds. If you’re looking for a premium electric bike, it can cost $10,000 or more.
In this price range, you get top-of-the-line components and an exceptional combination of engineering. Some types in this price range are used in mountain bikes with excellent battery storage and power.
For example, the Optibike carbon fiber R15C sells for $13,900, while the Rail 9.9 X01 AXS goes for a whopping $12,499.
cheapest electric bike
To saturate the market, there are other manufacturers that offer affordable e-bikes. If you’re on a tight budget and want to switch to an e-bike, you can still find a machine for less than a thousand dollars.
You don’t expect much in this price range. Inexpensive e-bikes with standard battery systems and motor power provide basic quality. Specifically, the battery has a smaller storage capacity and lacks a warranty. In terms of durability, you can only enjoy average quality.
For this price range, you can get an Ancheer folding electric bike for $500 or a Cyclamatic Power Plus CX1 for $750. There are many electric bikes on the market with this price level.
after purchase cost
Your e-bike will incur charges even after you buy it. It involves proper maintenance and even charging your e-bike. This is an extra cost you should be aware of after purchasing an e-bike.
1. Maintenance cost
Like any other regular bike, electric bikes require repairs and maintenance. Electric bikes are not without wear and tear, so you have to take your bike for maintenance.
For bike tuning costs, you have to allocate about $700 to $100. This type of maintenance is recommended every 500 miles on your bike or after six months of normal use.
Another maintenance cost to consider is your e-bike brake adjustment. For that, you’ll save about $20 to $35, depending on how often your bike needs brake adjustments. This is another cost you must consider if your bike needs to be replaced.
Finally, repairing a flat tire should be at the top of your repair list. Bike tires wear out easily, especially if you use your bike every day. Prices range from $10 to $20 depending on how badly your bike tires need to be repaired.
2. Electric bike charging
Since e-bikes have built-in batteries, charging those batteries also comes at a cost. Charging an e-bike battery can cost anywhere from $1 or more, depending on how many batteries it needs.
If you want a fully charged battery that can go 20 to 40 miles, it can cost you $0.04-$0.08 per charge. Costs will vary based on factors such as battery size, weight, and charging time.
For every 300 to 400 miles of battery needs, you must allocate a dollar for it. Of course, it’s much cheaper than refueling the car.
3. Electric bicycle additional functions
If you want to upgrade, you will pay more for additional components for your bike. Depending on the bike parts and quality, you will spend about $45 to $100 on bike accessories. It already includes a safety-certified helmet and a reliable e-bike lock.
Of course, the price of a bike accessory is highly dependent on the type of accessory, the materials used and the quality. If you want something that lasts a long time, you’re going to pay a premium.
4. Insurance Policy
Buying an electric bike is already an investment. Although most e-bikes come with a limited warranty, it is recommended that you protect your bike with an insurance policy. The price of your electric bike insurance depends on the span and coverage you want to get.
You can choose to get a warranty of up to five years. The policy can cover motors, batteries, frames and other comprehensive requirements. This way, you can use your bike more safely even in rough and challenging terrain.
The annual premium for an electric bike insurance policy can range from $100 to $200. With this amount, you get great coverage and benefits.
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