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The popularity of electric bikes has grown tremendously in recent years. Not only are they more environmentally friendly and healthier than cars, but they are also much faster than sitting in traffic. The only downside is that they are often quite expensive. Fortunately, there is an alternative: the second-hand electric bike. But what is a reasonable price for a used bike?
Brand, model, and specifications
The price of a second-hand electric bike depends on various factors. The brand plays an important role. A second-hand bike from a well-known and reputable brand will generally be more expensive than a bike from a less well-known brand. The model and specifications also influence the price. The more power, the higher the quality of the components, and the larger the battery, the more expensive the bike will be.
What to look for in a 2nd-hand e-bike
If you are looking for a second-hand electric bike, there are several aspects to consider. It is important to know how old the bike is and how many kilometers the battery has traveled. It is also wise to ask if the maintenance has been performed regularly and if there is still a warranty on the bike.
In addition, it is important to examine the condition of the bike. An electric bike can last a long time, but you still need to be cautious. Are there any damages or defects? Do all parts still work properly? If you are not sure about the condition of the bike, it is best to have it inspected by a specialist.
A fair price for a second-hand electric bike
It is difficult to give an exact price for a second-hand electric bike because the price depends on various factors including the type of bike, the brand, the model, the quality of the components, and the condition of the bike.
A good way to calculate the second-hand price is to look at the purchase price of a new model. You can then deduct 20% to 50% of the price, depending on the condition of the bike, and where you buy the bike second-hand. If you still want a warranty on the bike, then it’s best to buy it refurbished or from a bike shop.
For example, a simple electric bike will cost under 1000 euros, while a cargo bike in second-hand condition can still cost between 3000 and 4000 euros. A premium e-cargo bike that costs between 7000 and 10,000 euros new will likely cost between 6000 and 7000 euros second-hand. For electric longtail bikes, the average price ranges between 3000 and 5000 euros.