Electric Bicycle Comparison
There are dozens of electric bicycle comparison metrics I could pick to demonstrate how an electric bike could change your life like how they're more likely to help you become fitter than a normal bike, or how they can shave chunks of wasted time off your daily commute, or help cut down your carbon footprint, or how they can make you a happier person (exercise, even a little, results in endorphins being released)...
...But the one most people ask about in the end is cost. So here it is...
This simple electric bicycle comparison cost calculator illustrates the money problems you face with keeping a car on the road instead of an electric bike.
After filling it out, you’ll see how much more cars cost – if you get stuck, try the recommendations - and at the end, I'll show you the electric bicycle comparison showing you the difference
Thanks to the folks at
for this chart
Now let me show you what the costs for an middle-of-the-range electric bike would be.
You will be stunned.
Electric Bicycle Comparison Chart
|Initial Purchase Cost|
|They're much cheaper than cars meaning you don't have to spend so much in the first place. |
|Plan to change it after|
|You can hold on to it for a long time or for only a short while. It doesn't matter because... |
Resale Value after 3 Years
|... electric bikes hold their value well. |
|Instead the power comes from your mains electricity for about 10p a day |
|New battery every 18 - 36 months|
|Batteries do lose their life over years of use. A new one can be purchased for the cost of filling up a car only a handful of times |
|Insurance and Breakdown Cover (Optional)|
|If you want to peace of mind having insurance to cover your electric bike, this is easily available for sub-£100 |
|Congestion charge, parking etc.|
|No extra fees. Cash in the glovebox is no longer needed |
So with extra battery and insurance a middle-of-the-range electric bicycle will cost you only:
£513.33 per year over 3 years
£42.78 per month over 36 months
£1.41 per day – less than a small cup of coffee
And assuming a 10-mile return journey 300 days a year…
…only 9p per mile
How does that compare with the numbers in your car cost calculator?
Read the articles below to discover more about the exciting benefits of electric bikes.
Oh, and if you thought the above savings were great, how about I halve the cost of owning an electric bike.
Discover how to get a tax-free bike