The e-bike market is predicted to reach $40.98 billion by 2030. Most people are now switching to e-bikes because they’re great for your health and the environment. They’re budget-friendly investments but that doesn’t mean you shouldn’t consider the true costs of owning and using one before buying it.
Getting an e-bike can help you save on various costs, both directly and indirectly, in the short term as well as the long term. If you care about money and your investment in an e-bike, keep reading. If you’re considering e-bikes on sale in Cape Coral, visit SWFL Golf Carts.
Car vs. E-Bike
We’ll be using US-based average prices from the year 2021. If you purchase a standard e-bike, it will cost you between $1,000 and $4,000. A high-end e-bike can range from $10,000 to $12,000. You can find an Aventon electric bicycle for sale in Cape Coral for under $1,300.
In contrast to this, if you buy a second-hand car, it will cost you almost $27,000. A new car will cost almost $47,000. If you buy even a used car, within that amount you can buy around ten new e-bikes.
If you drive a fuel-efficient Toyota Corolla, its fuel will cost you $0.10 per mile. If you buy a good electric bike, your electricity or recharging cost would be $0.04 per mile. So, for your daily commute to the office, which could be 41 miles per day on average, you will be paying around $4.1 per day if you drive a car. If you choose an e-bike, your cost would be $1.64 per day.
Maintenance and Parking
Like any other vehicle, your electric bike will also need maintenance so it stays in shape. Your e-bike will need annual tune-ups, brake pads, new tires, and replacing the battery every two to five years.
In 5 years, your maintenance costs would come up be $754 every year. On the other hand, cost of maintaining an average car would be $1,186 every year. It’s expensive and if you choose an e-bike, you’re saving up a good amount of money.
Visit SWFL Golf Carts today to find electric bikes for sale in Cape Coral. They have the latest Aventon E-Bikes which you can also rent. So, what are you waiting for? Buy or rent an e-bike today and start saving up on fuel costs.
Contact them now for more information.
