Zoomo E Bike Renting: How it Works & What To Expect

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how much are electric bikes

The price of electric bikes can vary significantly, starting from $400 for the most affordable electric bike up to even exceeding $14 000 for the highly professional and performing vehicles.

So, how much does an electric bike cost on average? There are countless factors that make the electric bikes price particularly susceptible: the motor, the battery capacity, the model as well as the condition (new electric bike or alternatively used electric bikes).

The idiom ‘You pay for what you get’, applies also to your e-bike purchase.

Let's try to understand what determines the multiple e-bike price fluctuations. Additionally we will help you understand all the costs associated with owning a motorized bicycle, this e-bike review can help you figure out what you can really afford.

1. How Much Does An Electric Bike Cost?

You want to save money but also emit less CO2. Participating in the fight against global warming. Even when you need a ride with Uber, you should request Uber green rides.

Moving around using one of the most sustainable transportation means is a good starting point. So, how much is a motorized bicycle?

The electric bicycle is certainly an investment, but it is not more expensive than a scooter or a motorcycle and it costs significantly less than a car.

You can shop around and try to find the best deals. Currently, the most affordable electric bike will cost you around $399. The StarkDrive is not the only electric bike under $400 you can find.

You can also find other models under $400 at Costco or Walmart.

Depending on your needs, you can also opt for more high-end models and therefore, necessarily more expensive.

The Optibike 1100r is one of the most expensive electric bikes. The Colorado headquartered company has been in production since 2007. All the bikes are made in the USA. The cost is certainly higher especially if compared with a conventional bicycle.

With the Optibike 1100r you could attempt top speeds around 35 mph.

If you want to calculate the budget for your electric bike, you should know that the first prices online (Ebay, Amazon) start around $400.

For this price, the equipment as well as the electrical system are very basic and performance almost non-existent. Better not to be watching over the quality of the finishes.

When it comes to reliability, more expensive bikes might have advantages: they last more and reduce your running costs.

Average Price Of Commuter Electric Bikes (Between $300 and $1500)

These are commuter bikes and hybrid bikes suitable for occasional or regular use. These models generally use a front powertrain system, which is older assist technology. They have a limited autonomy, but this "effortless" support system has its followers.

The average bike price for this type of e-bikes is $1000. You can also find cheap electric bike models starting from $500. They are often intended for urban driving and equipped with engines limiting the maximum speed to 20 mph to comply with the law. Most types of e-bikes stop providing pedal assist at 28 mph.

Keep in mind that federal laws only define the maximum speed that the e-bike can travel under power alone.

You will find in this category folding e bikes. Folding bikes are designed to fold into a compact form, for easy transportation and storage. These are a good choice if you are looking for a low budget electric bike.

Average Price Of Electric Mountain Bike (Between $1500 And $6000)

Electric bicycles provide the same good benefits as traditional bicycles. Riding a bike is good for your health, it helps you optimize your life, you can exercise while commuting to work.

Furthermore, you do not need a driver’s license and there isn’t an age limit to ride one.

However, the real advantage of buying electric bicycles is to help you climb hills. We live in San Francisco and we know how the pedal assist is helpful.

EMTB bikes can be perfect for everyday use in the city as well as for hiking in steep hills.

Most e-mountain bikes are heavier. They have mid-drive electric motors that reside in the bike’s bottom bracket area and integrated battery typically located along the downtube.

Average Price Of Top Electric Bikes (between $6000 and $30000)

If you are an e-bike fanatic and are looking for the most expensive product, you will not be disappointed.

You can find exceptional electric bikes out there with the latest technologies and innovations in electrical systems. These are "high speed-bikes" which allow you to travel at 40 mph.

These are very well-equipped with modern components including:

  • Hydraulic brakes
  • Suspensions
  • Powerful motor
  • Ultra-powerful engine torque
  • Long-range batteries (You can ride a long distance with a single charge)

The most expensive e-bikes are always lighter since they have a carbon fiber frame instead of the aluminum frame that would cost a lot even without the extra motor and battery.

2. The Cost Of Recharging The Battery Of An Electric Bicycle Vs The Cost Of Gas For A Vehicle

With gas pricing spiking again there is no denying that an electric bike will save you gas money. Replacing a car with an inexpensive electric bike will allow significant savings.

Even if you follow our tips to reduce gas expenses, the first and the most evident saving is the fuel costs. In our blog we like to share with you tips that can be done to help cut your fuel costs and save money such as:

If you want to find out how much do e bikes cost, you really also need to understand how much does it cost to charge electric bike batteries?

How To Calculate Electricity Cost Per Charge Of Electric Bikes In The Usa?

To give you an idea, we have done the calculation (the figures of which are shown in the table above), assuming that the bike has a Lithium-ION 11Ah x 36V battery which is equivalent to a capacity of 400Wh.

To find out the cost of charging an electric bike you need to know the following:

  • Your battery capacity (in kWh)
  • Unit rate of electricity

You can use this electric bike electricity cost calculator.

You can also do the calculation by yourself. Start with checking the electricity rates for your state. In our example we will use the cost of the electricity in California.

The current cost of kWh of electricity in California is around 19.90¢ / kWh: 0.400 kWH x 0.19 euros = 0.076.

A complete recharge of the battery will therefore cost $0.19. Knowing that the average range for a pedal assist ride is 32 miles, the cost price per mile traveled will be 0.19 / 32: $ 0.0050.

As evidence, it only costs a couple of cents to charge an e-bike battery.

3. What Are The Maintenance Costs Of Using An Electric Bicycle?

The maintenance costs of an electric bicycle are not about the same as those of a traditional pedal-powered bicycle.

Using an electric bicycle is more expensive than using a traditional bicycle. In addition to the initial cost of a motorized bicycle, the maintenance expenses may be added to the list of expected costs. But how much does it really cost?

It depends on a lot of things such as the number of miles traveled, the way of riding and also the maintenance.

The regular maintenance can be home made and includes:

  • Lubrification of the chains: Applying a lubricant to your chain will ensure the transmission runs efficiently.
  • Check tyre pressures: under inflated tyres affect your bike. They waste power and reduce efficiency of a battery charge and they are dangerous.

We suggest you schedule a service once a year. It will help you prevent possible technical problems. Keep in mind that a service in a bike shop can range between $90 - $200 depending on the level of maintenance provided.

Take a look at our table with the running and maintenance costs of owning an E-Bike
Component Lifespan Average Price
Basic Battery 3 years $250
Advanced Battery 7 years $550
Tire A rear tire lasts 310 miles or more. The front tire, less stressed, lasts longer. $20-$40
Brake pads The replacement of brake pads as well as tires depend on how often you use your bike. You probably need one or two sets of pads per 700 miles. $5-$15

With an estimation we can say that the costs of maintaining and using an eBike on a daily basis are not high (around $20 / monthly) and their profitability is rapid.

E-Bike Maintenance Tips To Save Money

  • Keep your bike clean to improve its efficiency and lifespan.
  • Buy an ebike with a good battery: brands such as Samsung, Panasonic and Sony
  • Keep the battery in a cool dry place: Avoid direct sunlight for long periods

🚲 Renting is a very viable alternative to buying. Take a look at our complete guide to Zoomo.

4. Insurance For My Electric Bike

As a reminder, in some States of the USA a classification has been adopted. In other states e-bikes are treated as conventional bicycles.

Find below the details for the three classes of e-bikes:

  • Class 1: eBikes that are pedal-assist only, with no throttle, and have a maximum assisted speed of 20 mph.
  • Class 2: eBikes that also have a maximum speed of 20 mph, but are throttle-assisted.
  • Class 3: eBikes that are pedal-assist only, with no throttle, and a maximum assisted speed of 28 mph.

If you ride a class 1, 2, or 3 ebike, you are not required to purchase an ebike insurance.

For some models of electric bikes such as the "high speed bikes" insurance is mandatory.

While the insurance is not compulsory we strongly recommend it. In order to be able to consider a refund in case of theft of your bike.

First of all, often you will be able to personalize your policy with coverages that fit you.

Coverage often includes:

  • Attempted theft
  • Crash
  • Collision
  • Fire
  • Property damage resulting from theft
  • Vandalism

The cost of this insurance is not that high. Depending on the coverage levels and deductible choices, the cost of your ebikes insurance varies. Most e-bike policies begin at nearly $100 a year.

This cost is still lower compared to the cost of insuring a car, or even a motorcycle.

💡 PRO TIP: In any case, before you take out a specialist electric bike insurance policy, we suggest you check if the bicycle is actually covered under your policy.

Find Electric Bikes For Sale And Start Saving Money

Now you find out how much electric bikes are. There are many manufacturers in the world, however I hope this guide will help you to find the best value electric bike that fits your needs. Whether you buy the cheapest or the most expensive model, take care of your e-bikes to avoid expensive maintenance costs.

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