As you know, In my new year-long venture to trade my car for a bike, I’ve been looking for an electric bike to add to the picture and put to the test, showing you just how it’s all possible. I decided on the Pedego, City Commuter edition, which I found through Rocket Electrics, Austin’s electric bike rental & sales shop located near Downtown - on Riverside Dr. just east of I-35.
After talking to the good folks (John & Nicole) at Rocket Electrics, I learned quite a bit about the electric bike world including functionality, sustainability, power, range, and quality. I decided to go with the best option for my year-long efforts, and certainly the best company for my electric bike decision (them!).
And, guess what… I just received a friendly text message from Rocket Electrics that my Pedego Electric Bike has arrived and is juiced-up and ready to roll!
It’s black and I’ll have photos soon, or just check this out
So, a little bit of info on this…. At a purchase cost of around $2,500, an electric bike is a fair cost in exchange for all costs associated with personal-vehicle-commuting. Without being a local Austin Realtor, I imagine the average commuter spends $180/month in gasoline, $60/month in insurance, and $60/month in maintenance expenses. Keep in mind, those are estimated averages and the maintenance is simply broken-up expenses of oil change/tires/etc, which is divided out over time.
All in all, about $300 per month, before any car note is paid. At that rate, a $2,500 electric bike would be paid off in less than a year. In fact, less than 9 months. Then, one could shove the extra $300 per month into their savings or investments. Not a bad deal!
Do your own math on that though… Double those expenses and you’d pay off an electric bike in just four months. And, if your expenses are half that, well, you’d have your electric bike cost paid off in just a year and a half! How’s about them apples?
Speaking of apples, Rocket Electrics has a candy-apple-red electric bike that is pretty sweet and can be rented for about $35. That would be a great date for you and signif, cause you’re sooooo adventurous!