Electric Bikes Will Save You Money | E-Bike Cost Saving Tips

March 12, 2021
Electric Bikes Will Save You Money E-Bike Cost Saving Tips
Hey guys, Dustin here, CEO of Sixthreezero. Today, we're going to talk about what do e-bikes cost in the year 2021? Stick with us.

All right. Let's jump right into it. So today we're going to talk about what do e-bikes cost in 2021? This is a great question. We get this question a lot. What should I pay for an e-bike? How much does the an e-bike cost? I'll say this, it's very hard to give a specific number around what an e-bike costs. It's a very broad range. So I'm going to give you some tips and generalizations about what does the bike cost, how much did you pay for it.

So like any product, there are varying degrees of quality and componentry and specs that can make the price range from as low as $500, up to $12,000 for a particular e-bike. Let me explain the range. Now, looking at the sort of most inexpensive range, let's say $500 to say $1,000, these are going to be your sort of basic run-of-the-mill e-bike, no-frills, nothing crazy on them. They'll probably work just fine, but when you look at the componentry, things like the brakes, batteries, and motors, you're going to generally get off brand name components. You're also not going to get the highest quality brakes, things of that nature. Now, these types of price points will be found in places like Amazon, Walmart, mostly in the mass market, I would say. The other thing about this price point range is really the bicycle itself. So you're going to be getting the lower end spectrum of the specs, in terms of the actual bikes. So the frame, derailleur, the gears, the speeds... Sorry, gears, speeds, derailleur, same thing. The brakes, things of that nature.

So when you're looking at an e-bike, you're not just talking about the motor, the battery, now that is a large chunk of the cost, but you're also talking about the actual underlying bike as well. So then moving up, you've got a price point, say $1,000 to $2,500, I would call this the medium range. I know it seems expensive to a lot of people, but it's sort of in the low to medium range. Now in this range, you're upgrading motors, you're upgrading batteries, you're upgrading breaks, things like that. Now, what does that mean? For the brakes, in particular, you're going to get way more braking power out of the brakes on $1,000 above e-bike versus a $500 e-bike, not to say the brakes that are on a $500 e-bike won't work well, they're just not going to work as well. So stopping power, if you're going to do a lot of downhill riding or fast riding and you need really good breaks, please do look at the higher price point because it does matter, it goes back into the quality.

In terms of the batteries, you're going to definitely get a battery that's going to last longer at a higher price point, better sells, better charge hold capacity, things of that nature. So if you're going to ride a lot or you want to keep the e-bike for several years, spend a little more, especially the battery, it's going to be worth it. On the lower end. The batteries could die within 12 months, 18 months. Again, I can't say specifically, or I'm not going to say specifically which brands, but I'm just going to say that's sort of the risk you take on the lower end of what can happen. Spend a little bit more money, get a better battery, should last longer on the rides, should last longer overall, just like a laptop battery. Over time, they won't hold charges long, but generally, the more expensive laptops have batteries that will last longer, same with an e-bike.

So you've got your $500 to $1,000 range, or $1,000 to $2,500 range. Now 2,500 and above, this is where you're getting into really high-performance e-bikes. And you're generally going to talk about mid-drive motors. And when I'm talking about 25 and below, there's some mid-drive that are available in that price point, it's a lot of rear hub drive. Now rear hub drive is great for sort of standard riding, minor hills, up and down, on the pavement, things like that. $2,500 and above, you're talking about mid-drive, when you really need a lot of torque to go uphill, tow things, haul things. If the rider is going to be heavy, a mid-drive may be a good option, because there's a lot more torque.

Again, it's kind of the same with trucks. You've got horsepower, which is... Sorry, I take that back. We've got the horsepower and other ways of measuring the towing capacity, kind of two different things to weigh. You've got top speed and towing capacity, and the same is true on an e-bike. So with the mid-drive, you're going to get more torque, which is going to be good for uphill and towing capacity, but the rear-drive can still get you going the same speed as a mid-drive. And again, great for pavement, great for hills, great for riding around town. So the $2,500 and above, it's really, in my opinion, not for everybody. I think that gets into a price point where it's specific to some certain specific needs, like in mountain biking in particular or road biking, if you are going to be doing serious road biking and you want a motor, you may want to look at a very light bike with a very light motor, because you don't really want to feel the motor, but you want it there to help you in worst-case scenarios.

Also, for very high-end mountain bikes, if you're going to be going up steep hills and you want to use the mountain bike to get you up, but you want to go down under your power, you're going to need a really good motor, really good break. So the cost there is coming in, not just from the motor and the battery, but also the type of bike. You might be looking at a carbon frame, which is expensive just like a standard bike, certain shocks, brakes, things like that. So the $2,500 and above price point, in my opinion, is a very specific niche group of people that need to spend that much, depending on what they're doing. So what to expect to pay for a new bike summarized, anywhere from $500 to about $12,000. But I would say the average price point of an e-bike, somewhere in the $2,000 range, $2,000 to $2,200 is a reasonable price to pay. And within a few dollars, either direction is about what the market is on average.

So I hope that answers any questions about what to expect to pay for an e-bike in 2021. If I missed anything, you disagree with me, please comment below. I'm happy to hear. Also, you can reach out to us by phone, (310)-982-2877 or email the team at sixthreezero.com. And if you are in the market for any bike, please take our body fit quiz on our website. You'll answer some questions about your body and your life, and our proprietary algorithm will fit you to a bike perfect for your life and your body. There's nothing else like it out there, it's the only way to get fitted for an e-bike. And don't forget, we have a 365-day test ride policy. If at any point within 365 days, you don't love your bike, send it back with no questions asked and no money out of your pocket. So thanks for sticking with us and don't forget, it's your journey, your experience. Enjoy the ride.

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Electric Bikes Will Save You Money | E-Bike Cost Saving Tips