We understand the importance of owning an E-Bike. Some of us need one just to make a trip to the convenience store a smoother one and some of us need one to earn a living. However, not everyone has the luxury of owning one without burning their pockets. Hence, we at Eko Life can help you fulfill your goal of owning your dream Electric Bicycle for as little as $62* a month with our EasyRide installment plans.
Before doing so, let us share with you of the things you should take note of before applying for Installment Plans with us.
Choose The Right E-Bike
The easiest way to achieve this is to simply drop by our store and test out all the E-Bikes we have available for you. Reading through the specifications only and deciding your choice based on it is never enough. You have to physically test out the E-Bikes and find one that’s suitable for you. Different people have different needs and comfort levels. What may seem like a perfect E-Bike for your friend or someone you see online, may not actually be perfect for you.
Hence why, we strongly encourage you to come down to our store before deciding your choice!
Plan your expenses
Applying for an Installment also means that you must set aside a few dollars of your monthly pay just for the installment plan you have applied for. Plan your expenses beforehand. This will help to ensure a smooth Installment journey for you!
Find Someone Trustworthy To Be Your Guarantor
A guarantor is someone who agrees to pay your Installments if you are unable to pay. Preferably someone closest to you that would be able to financially support you in case. Most of our customers would have a parent or close relative to be their Guarantor.
Fill out our questionnaire on website
Before applying for an Installment Plan, all our customers would be required to register an account with us and fill in a questionnaire on our website. This questionnaire will determine you eligibility for an Installment and whether you require a Guarantor or not. This is why we mentioned in the previous point that you should find a Guarantor because you may or may not need one when you are applying.
Once that is completed, you and your Guarantor (if you need one) will have to visit our store and sign a couple of documents and make the upfront payment before you are able to take the E-Bike home or have us process your Pre-ordered E-Bike if it was out of stock
One Last Thing
Our Installment Plans Vary from the different kinds of E-Bikes we have. It can range from as cheap as $62/month. It really depends on the model you are getting! Also, late fee payments would be applicable if you fail to pay by the required date every month!
We hope this gives you a clearer understanding on what you need to know and prepare before you actually apply for Installment Plans from us! What are you waiting for? Come and sign up now!
I totally agree that it’s crucial to test out different E-Bike models before committing to an installment plan with Eko Life. It’s great that they have a store where you can physically try them out.
We’re glad to hear that you agree with our approach, Nadia! At Eko Life, we believe in providing a seamless and hassle-free experience for all our customers. We’re happy to have a store where you can physically test out different e-bike models before committing to an installment plan. If you have any further questions or concerns about the process, please don’t hesitate to reach out to us at [email protected] or give us a call at +65 6589 8877. We’re always here to help.
I think it’s wise to set aside some money each month for the installment plan, but I’m not sure about needing a guarantor. Can anyone confirm if this is a requirement in all cases?
Hi Ahmed Ali, thank you for your thoughtful comment! To clarify, having a guarantor is not always required by Eko Life. In some cases, they may consider alternative forms of financial support or even approve an installment plan without one, depending on individual circumstances. It’s best to discuss this with our team at the store when selecting your e-bike and applying for the installment plan. We’re happy to help you explore all options! If you have any further questions or concerns, please don’t hesitate to reach out to us at [email protected] or +65 6589 8877.
Thanks for the tip about filling out the questionnaire on the website! I didn’t know that was a step in the process. Now I feel more prepared to apply for an E-Bike installment plan.