Can anyone explain ebike pricing?
Can anyone explain ebike pricing?
I live in Vancouver Canada so our prices are different from those in America and elsewhere.
I am probably going to buy this. It the Ancheer sunshine and in canada I can get it and two half decent bike locks for less than 1000 CAD with taxes and everything all in.
Now the bike I am currently lusting after is the Eahora Romeo Pro which has a 1600w motor and a HUGE 48 to 52V 60aH Battery. This would cost me right now just under 3600 CAD. You get alot of bike for that price.
But then you get listing like this one which is local to me. Your basically paying for the frame. and while they do have cheaper alternatives. The reason I chose that listing is it it roughly the same price as the romeo pro. and it has a basic 250w motor with a 600w peak and only a 10.2 ah battery. I understand this is a brick and mortar store which has larger costs involved in selling their stock. But at what point are you just throwing your money away?
Now I understand that the Romeo pro is NOT for everyone. and something like the Lundi shown above would work perfectly fine for most people but you can find similar spec'd bikes on amazon for much cheaper.
It seems to me the sweet spot for us Canadians anyways is 2k or under. You get fairly quality parts at that price point. Which is why I don't understand people selling ebikes locally for an average of around 4k CAD. Although I do understand that Vancouver is a city where the local population has a larger degree of disposable income than most places.
I dunno. what are your thoughts on the subject?
Buying locally you get a bike shop that is willing to service the bikes it sells, with a warranty for free service if anything goes wrong.
So buying locally bikes are more expensive because:
- There is a warranty (cannot be understated how nice this is), and
- Much better quality components and serviceability, in part so the bike shop can afford to offer warranty and servicing in the first place (if the bike had cheap components, customers will bring it in a lot more often)
- A brand that is also willing to back up the bike shop with any parts that can be ordered for repair
Even outside of warranty, your bike shop will still provide service. Many bike shops simply refuse to service online e-bikes because it’s a huge hassle.
If I were you, I’d go around to local bike shops and ask about their cheapest e-bikes. Something like the Trek Verve+ 2 Lowstep is the cheapest trek branded e-bike trek makes, for example, and the quality and support after purchase is worth it imo
Look at the parts list. I'm not a bike guy at all, but even I can tell those are all high quality, name-brand components.
The bikes you're lusting after may have more powerful motors and batteries, but I doubt anything else on them is as well made.
But at what point is "paying for a brand name" pointless?
Name brand parts have the same warranty period as say mid level parts. The mid level parts are probably going to last just as long as the name brand stuff. The only difference I could see would be in customer service. Where a mid level part might not give you as great customer service as name brand stuff. But if the failure rate of the mid level stuff is equal to the name brand stuff, then warrantees sort of become moot.
But they are greatly appreciated when stuff does go wrong! 😂
I don't know, man. I grew up riding K-Mart-grade bikes. Cheap bikes suck.
Pretty sure that Shimano derailer and cassette are going to be far more dependable and nicer to use than whatever the underpaid workers slap in at the Chinese factory. Bosch electronics are probably a little less likely to burn your house down, too.
Now, that expensive little bike isn't really my style either. I'd much rather save a couple thousand more for something a little more capable .
Mid drives tend to be a little more expensive, but I can't see why it's so much so.
Luxury goods effect.
An e-bike is rarely a primary mode of transport. Usually walking or public transport is an option. People will use one to avoid car journeys depending on the weather etc.
So if you're going to spend over $1000 on something do you want to have to tinker?
Beyond that just buying a bike has the advantage of a receipt.
Do you trust that a parts list and multiple receipts will be accepted as the value by an insurance company or by your employer for a tax rebate scheme?
And if it gets stolen the time you spent putting the parts together is lost as you can't insure that.
That's the key difference for me between a bike and a PC. Enthusiasts could build either from parts and get a better product. But a bike will get stolen far more easily.
a quick search shows me this.
If you have homeowners, condo, or tenants insurance, your self-built bike could be covered in the event of an incident such as theft or damage. Here’s how it works:
Home Insurance Coverage:
Most home insurance policies will have limits in coverage for your bicycle.
If you have one of these policies, there’s a good chance your bike will have coverage against theft and damage. Home or tenant policies are meant to protect your personal property, and a bike falls into that category. However, there may be exclusions, so it’s best to speak with your insurance representative to clarify your coverage. Depending on your policy, each type of bicycle you own may be covered up to a certain amount (usually around $1,000). Keep in mind that you may need to pay a deductible depending on the policy details.
Additional Ways to Prove Ownership:
Even if you don’t have receipts, there are other ways to show proof of purchase in a residential insurance claim: Look for photographs of the damaged or missing items. Check owner’s manuals and product warranties for model numbers and product information. Search your email for old receipts or confirmations. Review past credit card statements or bank statements to show line item purchases.
Scheduled Personal Articles Endorsement:
If your bike is valuable, consider adding it as a scheduled personal articles endorsement. Similar to insuring high-value items like jewelry or art, this provides additional coverage specifically for your bike. Contact your insurance broker to add your bike to your policy. Remember that liability for bicycle accidents is typically covered under home or auto insurance. If your bike is damaged, your home or tenant insurance should cover it. However, always review your policy and consult with your insurance advisor to ensure proper coverage.