7 Financial Reasons to Buy an Ebike

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7 Financial Reasons to Buy an Ebike

John Murphy
November 8, 2018

In this pos, John Murohy points out the 7 Financial reasons to buy an ebike. While many people see ebikes as expensive luxury items, you are likely to be surprised to find how many ways ebikes can actually save you money.

Ebikes have become very popular over the last few years. You may have seen someone in your neighbourhood riding one down the street, or you may even have a friend who owns one. There are many reasons who people love ebikes. No wonder, as they are a great way to get around and they come with many unexpected benefits. This post highlights financial benefits of ebike ownership.

No. 1: Electric Bikes Will Keep You and Your bank Account Healthy

One of the first financial benefits that we will explore is your health. When you think of good health you might not automatically think of money. But the healthier you are, the less money you are going to need to spend at the doctors office. Ebikes a a great way to stay fit and fend off serious illnesses, which will save you alot of money on the long run.

A recent study conducted in the Netherlands and the UK showed that people who own ebikes experience a significant increase in mobility and fitness. The study showed that people with mobility issues were likely to prefer and ebike over a traditional bike because of its ease of operation.

No. 2: No Need for Expensive Gym Memberships

Ebike save you even more money when it comes to exercise. Many of us have expensive gym memberships that cost hundreds of dollars a year. These monthly fees really start to add up and most of the time, people find it hard to make it to the gym anyway! On the other hand, if you own an ebike, you can get a great workout without having to hot the gym. Almost all ebikes comes with the option to pedal, which will help you burn fat and build strength.

No. 3: Ebikes Can Actually Earn You Money

If you live in a mid to large size city, you can make some good money with your ebike. There are many companies out there looking for people just like you to deliver food, flowers, documents and other items. While these jobs are not the highest paying, they can help you earn some money in your spare time. In fact, the money you earn while being an ebike delivery driver could help pay for the ebike. Once you recouped your initial investment, it will be a profit!

No. 4: With an Ebike, You Save Time- and Time is Money

Commuting to and from work every day can really take a lot of time away from you.What most people don't realize is that time is actually worth money. Having a few extra hours each day can give you a chance to make some extra money. Many people choose to add some time to their day by cutting down on commuting time by riding an ebike. Ebikes can get you in and out of traffic very easily, and many cities have bike lanes that let you avoid traffic all together. This means that you won't waste time stuck in traffic, and you will have more time to do whatever it is you love to do.

No 5: With An Ebike, you Will Never Have to Pay for Parking Again

Let's face it, nobody lies to have to pay for parking, but it is a part of living in the city. Parking fees can really get expensive.

No 6: Upfront Costs for an Ebike are Low, and there is No Costly Upkeep

When you purchase an automobile, there are a lot of upfront costs. Not only do you have to come up with handsome amount for the down payment, but you will also have tyo pay dealer fees, delivery charges, and of course taxes and insurance. Then when that is all said and done with, you will have a monthly payment of several hundred dollars. But this is simply not the case when you buy an ebike.

No 7: Tax Incentives for Ebikes

Depending on where you, you live, you may benefit from purchasing an ebike in the form of tax incentives.

Back to Blog Posts

7 Financial Reasons to Buy an Ebike

John Murphy
November 8, 2018

In this pos, John Murohy points out the 7 Financial reasons to buy an ebike. While many people see ebikes as expensive luxury items, you are likely to be surprised to find how many ways ebikes can actually save you money.

Ebikes have become very popular over the last few years. You may have seen someone in your neighbourhood riding one down the street, or you may even have a friend who owns one. There are many reasons who people love ebikes. No wonder, as they are a great way to get around and they come with many unexpected benefits. This post highlights financial benefits of ebike ownership.

No. 1: Electric Bikes Will Keep You and Your bank Account Healthy

One of the first financial benefits that we will explore is your health. When you think of good health you might not automatically think of money. But the healthier you are, the less money you are going to need to spend at the doctors office. Ebikes a a great way to stay fit and fend off serious illnesses, which will save you alot of money on the long run.

A recent study conducted in the Netherlands and the UK showed that people who own ebikes experience a significant increase in mobility and fitness. The study showed that people with mobility issues were likely to prefer and ebike over a traditional bike because of its ease of operation.

No. 2: No Need for Expensive Gym Memberships

Ebike save you even more money when it comes to exercise. Many of us have expensive gym memberships that cost hundreds of dollars a year. These monthly fees really start to add up and most of the time, people find it hard to make it to the gym anyway! On the other hand, if you own an ebike, you can get a great workout without having to hot the gym. Almost all ebikes comes with the option to pedal, which will help you burn fat and build strength.

No. 3: Ebikes Can Actually Earn You Money

If you live in a mid to large size city, you can make some good money with your ebike. There are many companies out there looking for people just like you to deliver food, flowers, documents and other items. While these jobs are not the highest paying, they can help you earn some money in your spare time. In fact, the money you earn while being an ebike delivery driver could help pay for the ebike. Once you recouped your initial investment, it will be a profit!

No. 4: With an Ebike, You Save Time- and Time is Money

Commuting to and from work every day can really take a lot of time away from you.What most people don't realize is that time is actually worth money. Having a few extra hours each day can give you a chance to make some extra money. Many people choose to add some time to their day by cutting down on commuting time by riding an ebike. Ebikes can get you in and out of traffic very easily, and many cities have bike lanes that let you avoid traffic all together. This means that you won't waste time stuck in traffic, and you will have more time to do whatever it is you love to do.

No 5: With An Ebike, you Will Never Have to Pay for Parking Again

Let's face it, nobody lies to have to pay for parking, but it is a part of living in the city. Parking fees can really get expensive.

No 6: Upfront Costs for an Ebike are Low, and there is No Costly Upkeep

When you purchase an automobile, there are a lot of upfront costs. Not only do you have to come up with handsome amount for the down payment, but you will also have tyo pay dealer fees, delivery charges, and of course taxes and insurance. Then when that is all said and done with, you will have a monthly payment of several hundred dollars. But this is simply not the case when you buy an ebike.

No 7: Tax Incentives for Ebikes

Depending on where you, you live, you may benefit from purchasing an ebike in the form of tax incentives.

Back to Blog Posts