Ebike Tyre ChangeAre you familiar with electric bicycle installment plans? How does it work? Do I need to pay interest? Do I need a guarantor? What’s the difference between buying an ebike full cash vs buying ebike installment plan vs renting an ebike? If you are at this stage; you probably have had riders around you introducing how they have the ebike. Or probably have an ebike in mind that you want to consider purchasing.
Singapore LTA regulations for ebike requires all units to be Orange tagged and sealed; signifying compliance to the local safety regulations. You might also have came across the term “blue tag” ebikes. So what really are your options?
Today we are specifically only looking at Orange tagged ebikes in Singapore since blue tags are no longer in production.
Electric Bicycle Cost in Singapore: A Reality Check
Before we dive into the world of installment plans, let’s get our head around a range that you are considering. Here are some categories that you should consider:
Used ebikes – Ranges from as low as $400 up to $1,200. Used ebikes or refurbished ebikes are pre-loved units that we have taken in from another rider. The condition ranges with the price but our bare minimum require for used ebikes are to be non-electrical modified; and of working condition. These units are taken in and our technicians are required to run a battery load test and do a replacement ebike maintenance package before it can qualify to be in our catalogue. The inventory of these ebikes vary and fluctuates.
New ebikes (Delivery) – For delivery ebikes we cater this category to be between $1,500 – $2,500 either in the large battery capacity range or if they belong to the sturdy ebike category and acceptable pricing with 2 batteries. Ebikes like Jimove MC Pro ebike, Drive Plus ebike and Ullmax Delivery 16 ebike.
New ebikes (Recreational) – For recreational ebikes, riders are mostly looking at portability or cruising ebikes. Cruising ebikes are those modeled after mountain bikes and good posture for road usage like the Snapcycle Roadmaster ebike, and Honbike. While smaller portable units are like Alps ebike. They range from $1,800 – $3,500.
Once you’re done with these considerations, the next question will be – how would you like to pay for your ebike?
Atome Installment Plan: The Gen Z Convenience
Introducing Atome installment plan, or maybe not if you’re in Gen Z, chances are you are already using it. Straight forward Atome mobile app, download it, create an account and see if you are elligble. With Atome, you can enjoy flexible payment terms with no interest for your ebike installment plan. Whether you’re a student, working professional, or entrepreneur, Atome is an attractive option. Approval is based on your credentials.
Grab Installment Plan: The Revolution Continues
Grab Paylater! Frequent grabber will be familiar with this. If you aren’t, it’s on your app. As long you are above 21 years old, this function is available for you. The tenure for this electric bicycle installment plan is 4 months. 8 and 12 months are only available for selected users. Pretty straightforward I say!
Fundbox Installment Plan: The Financial Freedom Option
Imagine being able to ride the electric bicycle without worrying about the entire upfront costs! Fundbox installment plan offers flexible payment terms, competitive interest rates, and no hidden fees (just don’t be late for your payment). Their AI-powered underwriting process ensures you get approved quickly, so you can start enjoying your new ebike in no time. With options up to 24 months, it’s essentially paying about $8-$10/day for your new electric bicycle.
Ride the Revolution with Eko Life
There you have it – electric bicycle cost in Singapore and how to afford them without breaking the bank! Whether you choose Atome, Grab, or Fundbox installment plan, we’ve got you covered. Join the Eko Life revolution today and experience the thrill of e-mobility for yourself! From customization options to bulk orders for businesses, we’re here to support your e-mobility needs. Don’t wait – get in touch with us now and take the first step towards a healthier, cleaner, and better life!
I’m really impressed by the comparison of electric bicycle installment plans in Singapore! As someone who’s considering buying an ebike, I found the breakdown of costs and options very helpful.
Hi Yasmine, thank you for your positive feedback on our blog post! We’re glad to hear that the comparison of electric bicycle installment plans in Singapore was helpful for you. If you have any more questions or would like to explore further options, please don’t hesitate to reach out to us at [email protected] or +65 6589 8877.
I’ve been thinking about getting an electric bike for a while now. This blog post has really opened my eyes to the affordability of ebikes with installment plans. I’ll definitely be looking into Atome, Grab, and Fundbox!
Hi Kavitha, great to hear that our blog post has been helpful in making you consider getting an electric bike! Atome, Grab, and Fundbox are all popular installment plan options for ebikes in Singapore. If you have any more questions or would like to know more about our e-bike products or services, please feel free to reach out to us at [email protected] or +65 6589 8877. We’d be happy to assist you!
I’ve been renting an electric bike for a while now, but after reading this blog post, I think it’s time to consider buying one! The cost of used ebikes being so affordable is surprising. Thanks for the reality check!
Hi Zhiqiang, thanks for sharing your experience with renting an electric bike! We’re glad to hear that our post has inspired you to consider purchasing one. The affordability of used ebikes is indeed a great option for those who want to enjoy the benefits of e-mobility without breaking the bank. If you have any questions or concerns about buying an ebike, feel free to reach out to us at [email protected] or +65 6589 8877. We’re always here to help.