Getting Around Town Costs Less on an Ebike

With flexible financing options, an ebike is the most cost-effective way to get around. Here's how we stack-up against all those other transportation choices.

Whether you’re heading to work, running errands, or hitting the bike path for some weekend fun, everyone needs a way to get from point A to point B.

 

But those travel costs really add up. In fact, transportation usually ends up eating away at 16 percent of most Americans’ monthly budgets, making it the second-highest recurring expense behind housing.

 

It shouldn’t be that way. With the RadMission Electric Metro Bike, it doesn’t have to be.

 

This sleek, stylish single-speed marvel is available now for just $999 -- our most affordable ebike to date.

 

The price tag has a cool factor all its own, but did you know that with 36-month financing options, you can start riding Rad for as little as $33 a month?*

 

That comes out to about $1.10 per day -- less than your average cup of coffee, and probably way less if you like the good stuff. And hey, who doesn’t?

 

That sounds pretty impressive, right? Well, just wait until you see how much you can save by switching to an ebike.

 

 

1. Tired of the bus? Save money by taking control of your commute.

 

RadCity and RadMission riders talk along a seaside dock.

The RadMission has a high-torque 500W motor that makes short work of long stretches of bike lane and daunting hills. It has an innovative ~7 pound battery that's compact, but engineered to still achieve 45-plus miles of range on a single charge.

 

While buses have long been viewed as a sensible alternative to cars, they're nowhere near as budget-friendly as an ebike.

 

On average, bus fare costs between $1.25-3.00 per trip. Even if you're relying on the bus solely for a daily commute, that comes out to a monthly cost of roughly $55-$66.

 

Not only does an ebike come in under that cost, but it also gives you the freedom to avoid crowds and set your own schedule. Plus, you'll have the peace of mind that comes with never needing to reload your fare card — one of those little annoyances that any bus rider can tell you has a tendency to throw off an entire commute.

 

 

2. Save $582 a month by ditching your car.

 

College students have a discussion at a park bench alongside their RadMission electric metro bikes

The RadMission weighs roughly 15 pounds less than Rad Power Bikes’ other models, which finally makes ebikes a possibility for those living in walk-up apartments. 

 

It's no secret that when you buy a car, you're paying for a lot more than its sticker price.

 

Even if you get a good deal on a well-running used model, you're still on the hook for gas, insurance, parking, depreciation, and the inevitable maintenance fees.

 

Needless to say, that can add up. Like, really add up.

 

According to a 2019 study by AAA, a mid-sized Sedan can cost you $20.51 a day. Translate that, and you're looking at a monthly cost of $615 and $7,380 annually.

 

Even with high-performance 750W motors, our ebikes cost the same to maintain as your average bike -- something that puts you on the path to saving thousands.

 

 

3. Say goodbye to surge pricing!

 

A woman stands proudly with her RadMission Electric Metro Bike on a dirt road.

The RadMission is designed to look more like a traditional, human-powered, "acoustic" bike than anything else in the company's lineup.

 

Sure, ride-hailing apps have made it easier than ever to sidestep the longterm costs of car ownership, but when you're relying on them day-in and day-out, you may start to notice your checking account slowly dwindling.

 

With college students adopting these apps as part of their daily lives, we decided to take a look at what they might be doing to their already strained budgets. 

 

We calculated the predicted costs for a 1.5 mile trip in Seattle from a popular apartment complex to the University of Washington campus. That ended up coming to roughly $6.29 each way, totaling up to a monthly cost of over $276.76.

 

And that's only taking trips to class into account. If you've ever been caught across town on a busy Friday night, you know that surge pricing could easily bring that total higher. Sometimes a whole lot more

 

 

 

 

Curious about ebikes? Check out the basics. Looking for the right one for you? We can help you decide

 

For example, a $999 purchase might cost $33/mo for 36 months at 10% APR. Your rate will be 0% APR or 10-30% APR based on credit. Subject to credit check and approval, and a down payment may be required. Payment options depend on your purchase amount. Payment options through Affirm are provided by these lending partners: affirm.com/lenders. Visit affirm.com/help for more info.
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