What is a fair price for an ebike?

08 Apr.,2024

 

Minnesotans can now get rebates up to $1,500 for e-bikes

Minnesotans can now get rebates up to $1,500 for e-bikes

Minnesotans can now get rebates up to $1,500 for e-bikes

MINNEAPOLIS -- A new program approved by the Minnesota Legislature will provide rebates of up to $1,500 for Minnesotans who purchase an electric bicycle. 

Forty percent of the $4 million fund will be reserved for individuals and families making below the median household income. The credit will be 75% of the bike's value or $1,500 toward the purchase, whichever is less. 

Higher earners can still qualify, but the value of the rebate decreases depending on how much money a person makes. The amount will be decreased by 1% for each $4,000 an individual makes over $25,000 (or $50,000 for married couples filing jointly). The lowest the rebate can reach is 50%, per the bill's text.

So, what does an e-bike cost anyway? How far will $1,500 go in purchasing one? If you're spending $2,000 or more on a bike, and you're eligible for the full rebate, you'd get the full $1,500. Buy anything under $2,000 and the rebate would top out at 75%.

WCCO looked at some local shops to check the latest prices.

Freewheel Bikes

Freewheel bikes, which has locations across the Twin Cities, offers a wide range of e-bikes at various prices.

The cheapest bike available is the Electra Townie Go! 7D Step-Over, the base price of which is listed as $1,899.99. Assuming you qualified for the full rebate, you would be eligible to receive about $1,425 toward the bike's purchase.

Freewheel's most expensive bikes -- the Trek Rail 9.9 XX1 AXS Gen 4 and Fuel EXe 9.9 XX1 AXS -- are listed at $13,999.99.

Freewheel said its most popular price point is around $3,000.

The Hub Bicycle Co-op

The Hub, whose mission statement is "All types of bikes for all types of people," doesn't quite reach the top-end prices Freewheel does. Its most expensive offering is the Momentum PakyaK E+ at $5,600.

On the low end is the Serfas E-Bikes eDASH 350W Step-Through at $1,949.99. The full rebate would earn you about $1,462 toward this bike.

The Hub has locations on Minnehaha Avenue in Minneapolis and the University of Minnesota Bike Center.

Erik's Bike Shop

Erik's, which boasts locations all around the metro, in addition to St. Cloud, Rochester and Eau Claire, Wisconsin, offers more than 100 e-bikes for sale on its website.

The cheapest full size bike -- the Aventon 2022 Soltera Step Thru Single Speed Electric Road Bike -- will run you $1,299.99. Again assuming you'd get the full rebate, the state would give you about $975 toward that bike.

Erik's most expensive bike rings up at $14,479.99. That's the S-Works 2022 Creo SL Evo Electric Road Bike.

Michael's Cycles

Michael's Cycles, which operates a shop in Prior Lake and Behind Bars in northeast Minneapolis, offers bikes ranging from $2,100 (the Momentum Lafree E+) to $6,400 (the Kona Remote 130).

Pedego Electric Bikes

Pedego bills itself as "America's #1 electric bike retailer" and has a location in Eden Prairie. They have several entry-level bikes listed at $1,995, while their top-end bikes reach as much as $8,995.

Best Budget Electric Bike


Ride1Up Turris-XR


82

OVERALL
SCORE

  • Ride

    8.0

  • Range

    8.0

  • Power

    9.0

  • Interface

    8.0

  • Assembly

    7.0

REASONS TO BUY

Reasonable price

28 mph top speed

Integrated battery

Suspension fork

Available in step-through or step-over designs

REASONS TO AVOID

No rack or tail light

Knobby tires might be noisy on pavement

Our testers were thoroughly impressed with the Ride1Up Turris XR, which exceeded our expectations in terms of performance, comfort, and value, earning it our highest accolades. Boasting a 750W motor, this Class 3 bike can reach 20 mph quickly with the throttle and up to 28 mph with the pedal assist function. Its frame is not only sleek and stylish but also has a 614 Wh battery, giving the bike a respectable range. Additionally, the 27.5-inch wheels roll smoothly, and the high-volume tires dampen vibration. The bike is agile and responsive yet stable while cruising. Furthermore, the seated position is comfortable, the seat height is adjustable, and the seat and grips feel high quality. The frame is available in two styles (ST/step-thru and XR/step-over) to accommodate different user preferences.

The Turris XR boasts various comfort features such as a headlight, suspension fork, fenders, and all-terrain tires. Its upright design ensures a comfortable and relaxing ride perfect for enjoying the scenery. Though not the most athletic bike, it's built for comfort and feels high quality. It's also the most expensive bike in our budget category. Despite a few minor complaints, its overall value and quality make it an excellent option for those who wish to explore bike paths and beyond. If you want to spend a few hundred dollars more and get more range and an included rack, check out our Editors Choice from our best electric commuter bike review, the Ride1Up 700-Series. It is more powerful and has a longer range.

Read more: Ride1Up Turris XR review

The Turris can be used with throttle only.

Credit: Joshua Hutchens


Best Value Cargo Bike


Lectric XPedition


REASONS TO BUY

Large motor

Solid range

Huge carrying capacity

REASONS TO AVOID

Acceleration could be smoother

Bumpy ride

Cargo bikes can easily cost $2000-5000, but the Lectric XPedition offers incredible performance for a fraction of the cost of many of the models in our best cargo bike review. It doesn't skimp on specs. You get both power and usefulness with a large battery and motor and many included accessories like fenders, lights, and a clear digital display. It hauls up to 450 pounds, which few other cargo bikes can match at any price. The telescoping seatpost makes it fast to adjust the seat height for different loads you might be carrying. It is short enough to fit on many bike racks.

One downside to the smaller size and wheelbase is that this bike does not handle as well as bigger bikes at high speeds. You also feel most bumps on rough terrain. With no front shock, you have to be more careful with your tire placement in areas with potholes. This bike performs admirably and is much less expensive than the cargo bikes that performed higher.

Testing the fully loaded XPedition.

Credit: Joshua Hutchens


Best Budget Folding Electric Bike


Lectric XP 3.0 Step-Thru


Battery Size: 500 Wh | Measured Weight: 62 lbs 8 oz

REASONS TO BUY

Arrives pre-built

Folds in seconds

Knobby tires expand its range

Amazing value

Class 3 speeds

REASONS TO AVOID

Smaller wheelbase is less comfortable

Uninspiring battery range

500 Wh |62 lbs 8 oz

The Lectric XP 3.0 is an electric bike that can be folded and stored in tight spaces, such as a car trunk, small office, or hall closet. Despite its compact size, it has various adjustable features to accommodate a wide range of user heights. The bike has convenient features like a cargo rack carrying 150 lbs, fenders, lights, a comfortable seat, and ergonomic grips. Lectric sells additional accessories like a passenger seat, turning you into a taxi. The XP 3.0 has a 500W motor, which allows it to reach speeds up to 28 mph using pedal assist and 20 mph with the throttle. The bike runs on a 500Wh battery, which fits inside its folding frame. A long-range battery is also available for purchase. With 3-inch wide knobby tires and a suspension fork, the bike provides a relatively smooth ride and can be ridden on various surfaces. Moreover, the bike is easy to use straight out of the box. It comes almost completely assembled and can be set up and ridden with little time and effort.

This bike's small size and folding convenience have many advantages, but there are also some drawbacks. The XP 3.0's smaller battery gives it less range than models with larger batteries. The bike has a tight turning radius and is quite maneuverable, but the short wheelbase and tall handlebar at higher speeds make it feel unstable. Despite this, we never felt uncomfortable riding this bike, even at 28mph. It folds into a compact package, but it's quite heavy at 62.5 lbs, so carrying it up a flight of stairs or lifting it into a trunk can be challenging. Nonetheless, this affordable folding model is an excellent option for anyone looking for a compact e-bike that's easy to store and transport.

Read more: Lectric XP 3.0 review

THe XP 3.0 is user-friendly and quick to assemble. It is not, however, easy to lift.

Credit: Joshua Hutchens


Another Great Value


Nakto Camel 250


68

OVERALL
SCORE

  • Ride

    8.0

  • Range

    7.0

  • Power

    6.0

  • Interface

    6.0

  • Assembly

    6.0

Wheel Size: 26-inch | Battery Capacity: 360 Wh

REASONS TO BUY

Reasonable range

20 mph speed

Rack and basket are functional

REASONS TO AVOID

Less powerful motor

One pedal assist level

Very basic display

26-inch |360 Wh

The Nakto Camel 250 is a very affordable Class 2 e-bike with a retro cruiser style that impressed us with its value. This bike features a 360Wh battery and 250W hub motor capable of traveling almost 20 miles using only the throttle. The Nakto's frame features a low, step-thru frame, making ingress and egress simple. The included rack and basket allow you to carry some items along, while its long stem and seatpost accommodate various height riders. The Nakto is simple and comfortable, with an upright seating and a smooth ride. It features a twist throttle for effortless movement and can reach speeds up to 20 mph. The bike also has fenders, a kickstand, and a headlight. The included basket and rear rack make it ideal for commuting and running errands in town.

The Nakto Camel 250 is noteworthy due to its positive user reviews and included features. We compared the Nakto to several similarly priced competitors, finding its simple pedal-assist system less impressive than its range, speed, and comfort. The quality of this bike isn't of the caliber that we're accustomed to testing, but it feels like a good option for those on a tight budget.

Read more: Nakto Camel 250 review

The Nakto Camel 250 is a simple and affordable way to enjoy the benefits of an e-bike.

Credit: Laura Casner


Best Lightweight Budget Electric Bike


Propella Mini


59

OVERALL
SCORE

  • Ride

    6.0

  • Range

    4.0

  • Power

    6.0

  • Interface

    7.0

  • Assembly

    8.0

Wheel Size: 20-inch | Battery Capacity: 250 Wh

REASONS TO BUY

Very lightweight

Compact size

Affordable

Simple, sleek design

REASONS TO AVOID

Top speed of 18 mph

No throttle

Shorter range

Small wheels result in less stable handling

20-inch |250 Wh

The Propella Mini stands out from other bikes due to its small size and lightweight design. While it may not be the most powerful or have the longest range, its weight of only 35 pounds and 5 ounces makes it easy to carry up and down stairs. Plus, its compact shape allows for easy storage compared to non-folding bikes. This Class 1 bike features a 250W motor and five pedal assist levels, allowing for up to 18 mph speeds. The 250 Wh battery provides a decent range, especially considering the bike's low weight. The 20-inch wheels may not be as stable as larger wheeled models, but the bike is highly maneuverable and has quick handling. If you prefer larger wheels, Propella also offers the SS and 7S models with the same motor, battery, and lightweight design but with 700c wheels and tires.

The Mini is highly agile and can easily make sharp turns. However, its 20-inch wheels make for a less stable ride and can cause a slight reduction in stability at high speeds. Its maximum assisted speed is 18 mph, which we found adequate. While the 250 Wh battery offers a decent range, it was not as impressive as models with larger batteries in our test. Additionally, it does not include features such as fenders or lights; these must be purchased separately. Nevertheless, the Mini is an excellent choice for city environments, flat terrain, shorter trips, or those who value simplicity and lightweight design.

Read more: Propella Mini review

The aptly-named Mini stands out for its very light weight and compact size.

Credit: Abriah Wofford


Compare Products

select up to 5 products to compare Score Product Price

82

Ride1Up Turris-XR


Best Budget Electric Bike

$1,295

82

Lectric XP 3.0 Step-Thru

$999

74

Ancheer 27.5-inch Blue Spark Electric Bike

$509

68

Nakto Camel 250


Another Great Value

$690

68

MICLON Cybertrack 100

$800

64

Ecotric Vortex Electric City Bike

$740

59

Propella Mini


Best Lightweight Budget Electric Bike

$999


Our test process is multi-faceted. We performed specific range and handling tests, and used each bike for commuting, running errands, and just cruising around town.

Credit: Jason Peters


Why You Should Trust Us


After researching the best, most popular, and most highly regarded affordable electric bikes, we purchased 10 for our side-by-side test. We ran each model through the same rigorous testing process while focusing on several key performance attributes. We did our distance range testing on the same course with the same rider using the throttle only to see how far each model could travel on a full charge. We also tested our other key performance metrics, discussed below.

We performed several quantifiable tests to directly compare the different models, determining each bike's strengths and weaknesses. Instead of arbitrary testing, we focused on several specific performance attributes, such as ride quality, distance range, power output, user interface, and ease of assembly. Our head-to-head testing exposes the individual performance of each bike and shows how they stack up next to one another.

We used five rating metrics to evaluate these bikes:
  • Ride Performance(25% of overall score weighting)
  • Range on a full charge (25% weighting)
  • Motor Power (25% weighting)
  • Interface Quality (15% weighting)
  • Ease of Assembly (10% weighting)

We usedto evaluate these bikes:

Our budget electric bike test was led by Jeremy Benson. Benson is the Senior Mountain Bike Review Editor for OutdoorGearLab and has years of experience testing mountain, gravel, and electric bikes. He is an obsessive cyclist and racer competing in the professional class's endurance gravel and mountain bike events. While he loves to ride using only his power, he doesn't discriminate and can often be found riding e-MTBs on the trails and electric bikes around town. His years of experience testing and riding bikes for fun and training have allowed him to sense the nuanced and often subtle differences between the products he tests while on the road or trail. Benson is also the author of two guidebooks, Mountain Bike Tahoe and Backcountry Ski and Snowboard Routes: California, published by Mountaineers Books in 2017.

Each bike's handling was tested in several ways including in a figure-eight course to test steering and cornering capabilities.We tested the user interface of each model during our test rides.We performed range tests on the same course with the same rider using GPS to track each model's performance.

Analysis and Test Results


We tested a broad range of bike styles that include Class 1, 2, and 3 models. Despite their differences, we put each bike through the same tests to bring you apples-to-apples comparisons.


Value


The electric bikes in this review all qualify as relatively affordable, yet they still represent a broad range in price. Though we don't consider price when scoring products, we still love a good value. Our testing revealed a clear correlation between price and performance, and the top-rated models are the most expensive.

Big wheels and girthy tires give the Ride1Up Core-5 a smooth ride while the seated position is relaxed and comfortable without being too relaxed.

Credit: Abriah Wofford


Ride


A bike's ride quality is one of its most important attributes, and we give it a 25% weight in the overall score. Each model we tested was different and had varying handling characteristics, comfort levels, and features that helped define how they rode. Wheel size and geometry are integral to how a bike feels while turning and how stable it feels at speed. Fit adjustments for the seat and handlebar are essential elements that affect comfort across a range of user heights. Additional features like racks, bike lights, and fenders also play into the overall quality of the user experience.


The Ride1Up Turris XR impressed us the most with its excellent, comfortable ride. It may be light on features, but this bike has composed and predictable handling and is very stable at speed. The 27.5-inch wheels roll smooth and fast, and the girthy tires provide decent damping for bumps and cracks in the road. It has a relaxed seated position and comes in 2 frame styles to suit a wide range of rider heights and preferences.

The Nakto Camel 250 impressed us with its ride quality, comfort, and wealth of features. It handles smoothly and predictably, with a cruiser bike style and a comfortable upright body position. It also came fully equipped with useful features like fenders, a headlight, a horn and bell, a covered front basket, and a rear cargo rack which enhanced user-friendliness.

For a folding model with small, 20-inch tires, we were impressed by the ride quality, versatility, and included features of the Lectric XP 3.0. (testing of the 2.0 shown)

Credit: Jason Peters


We were also pleasantly surprised by the ride quality of the Lectric XP 3.0. Its smaller wheels and compact folding design do decrease its stability somewhat compared to the larger wheeled competition, but a suspension fork and girthy 3-inch wide knobby tires provide a relatively smooth ride and expand its versatility to a wider range of surface conditions. It has a very wide range of fit, and it also comes equipped with lights, fenders, and a rear cargo rack that can hold 150 lbs, passenger kit is available.

Our standardized range testing allows us to directly compare the distance our test bikes can travel on a single charge.


Range


How far an electric bike can travel on a single charge is its distance range. Many factors play into a bike's range, including battery storage capacity, rider weight, terrain, and rider input. We weigh this metric at 25% of each bike's overall score. To make our range test as consistent as possible, we used the same rider on the same test course for each one. We rode all of these bikes from a full charge until the battery died while recording all of the ride info with a GPS-enabled cycling computer. For the Class 2 models, we also removed the rider input/pedaling variable by performing this test using the throttle only. For the Class 1 models without a throttle, we turned the cranks to activate the cadence sensor but didn't put any effort into pedaling, making the bike do all of the work. This test gave us an accurate assessment of the low end of each bike's range, and more importantly, how they compare to each other. Our test course contained around 100 vertical feet of elevation gain/loss per 2 miles. It is safe to assume that every bike we tested could be ridden much farther on perfectly flat terrain, especially while pedaling and using pedal-assist instead of just the throttle.


It didn't come as much as a surprise that the top-performing models in our range testing also happened to have the largest batteries. With its 614Wh battery, the Ride1Up Turris XR rode away from the field with 22.1 miles and over 1500 feet of elevation gain/loss. Not only that, but at 17.3 mph, it held the highest average speed of all the models tested. Not too far behind was the Lectric XP 3.0 with its 500 Wh battery. We were able to ride it for 24.5 miles with just over 1,000 vertical feet of elevation.

The Turris XR is an excellent value.

Credit: Joshua Hutchens


Power


The point of electric bikes is that they have power, and as one of the three most essential elements, we give power test results a 25% weighting in the overall score. A bike's power output depends primarily on its motor's size, and the models we tested have motors ranging in size from 250W up to 750W. For the Class 2 and 3 models, we performed various tests using the throttle and pedal assistance to determine each bike's top speed, acceleration, and ability to hold speed up moderately pitched uphills. For the Class 1 models, we performed the same tests, just without the throttle, and soft-pedaled to let the motor do all the work.


With a 750W motor, the Ride1Up Turris XR blew the competition away in this metric. It was able to accelerate from a complete stop up to 20 mph in just under 10 seconds using the throttle, and it was able to accelerate and hold speed up hills that made other models slow and bog down. This Class 3 model is also capable of supporting speeds up to 28 mph using pedal-assist. Nipping at the Turris XR's heels was the Lectric XP 3.0. It has a 500W motor, and it is also Class 3 capable for speeds up to 28 mph using pedal assist. We found the smaller wheels to allow for very quick acceleration using the throttle, and it felt eager to get up to its top throttle speed of 20 mph. The Miclon Cybertrack 100 has a 350W motor and was no slouch in the speed department. Again, not the fastest, but it was surprisingly quick to accelerate, given its smaller motor size.

The controls and display on the Lectric XP 3.0 were among the best in the test.

Credit: Jason Peters


User Interface


The controls and display are the primary ways that riders interact with an electric bike, and we weighted this metric at 15% of the overall score of each cycle. Their quality and user-friendliness vary dramatically among the models we tested. All serve their intended purpose, but some shine as ergonomic and cutting-edge, while others are more rudimentary. The top-rated models have ergonomic control buttons that are easy to reach while riding and digital displays that provide a wealth of information at a glance. Battery charging was nearly identical amongst all of the models tested, with relatively standard charging ports, cables, and times for each. All but one model had removable batteries, a design we appreciate for easier charging and security purposes.


The Lectric XP 3.0 has a great user interface. The buttons and throttle are very straightforward with good ergonomics, and the large digital display is very easy to read.

For an inexpensive bike, the Ancheer Blue Spark has a quality user interface.

Credit: Laura Casner


The Ancheer Blue Spark featured good controls and a digital display. The control buttons sit close to the left grip and are easy to reach, and the screen is affixed in the middle of the handlebar for easy viewing. The display shows various stats, including current speed, remaining battery, and pedal-assist setting. Unfortunately, this electric bike did not have instructions for its display/controls, nor could we find them online, which left us stuck with the info displayed in kilometers instead of miles.

Simple yet effective, the interface on the Ride1Up Core-5 gets the job done.

Credit: Abriah Wofford


The Ride1Up Turris XR has a slightly simpler interface that consists of a thumb paddle throttle and a combo control/display unit. It's super easy to use and the display shows everything you need pertaining to your ride, but its position by the left grip isn't quite as easy to see as those that are positioned in the middle of the handlebar.

Most bikes arrive in a box like this with roughly 80% of the assembly completed. The remaining setup is up to the consumer.


Assembly


We ordered every bike tested in this review. They were all shipped to us directly in a box, and most require some assembly to get up and rolling. However, since it is a one-time task, we only give a 10% weight to the difficulty of assembly. The majority of these bikes came mostly assembled and required only a few relatively simple steps to finish the job. Those unfamiliar with bikes may be best off taking their bike to a shop with skilled mechanics, but all of the tested models can be assembled by the consumer at home using the included tools and instructions. However, sometimes it is nice to keep some extra tools handy in case you need to do any adjusting or maintenance later on.


The Swagcycle EB5 and Lectric XP 3.0 were by far the easiest to get up and running, as they arrived completely assembled, and unboxing them and removing the protective packing materials only took a few minutes. Of course, both bikes needed to be unfolded and locked into their open and rideable positions, but that was the extent of it. It couldn't be easier to get either of these bikes ready for use.

The Swagcycle EB5 is unique in that it comes fully assembled and folds up very small for storage or transport.

Credit: Laura Casner


The Propella Mini had an easy assembly processes, taking 30 minutes or less to complete.

There are lots of electric bikes on the market. We hope this review helps you find the right one.

Credit: Laura Casner


Conclusion


Electric bikes are becoming increasingly popular for good reason. Whether for a commute, running errands around town, or just for exercise, e-bikes are a great way to save some gas money, get around quickly and efficiently, and have some fun to boot. We love them as a way to make trips to the grocery store not only more eco-conscious but also an easy and fast affair. They make riding to work on a hot summer day a less sweaty event and are just plain old fun to cruise around on. We know that there are lots of options on the market, and not all of them are easily affordable. We hope that with this review, you'll be able to find one that suits your needs without breaking the bank or sacrificing quality.

Electric bikes are becoming increasingly popular for good reason. Whether for a commute, running errands around town, or just for exercise, e-bikes are a great way to save some gas money, get around quickly and efficiently, and have some fun to boot. We love them as a way to make trips to the grocery store not only more eco-conscious but also an easy and fast affair. They make riding to work on a hot summer day a less sweaty event and are just plain old fun to cruise around on. We know that there are lots of options on the market, and not all of them are easily affordable. We hope that with this review, you'll be able to find one that suits your needs without breaking the bank or sacrificing quality.

What is a fair price for an ebike?

The 5 Best Budget Electric Bikes