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!
Actually, it’s good that they remind us to plan expenses first. Sometimes installment looks cheap but add up over time. Better to make sure can afford every month lah.
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.
This blog post really helps people understand the process before committing to an E-Bike installment. I like how they emphasise the importance of planning finances, choosing the right model, and getting someone trustworthy as a guarantor. It makes things clearer for those who’re new to this kind of purchase.
Also, their suggestion to test out the E-Bikes in-store shows they care about customer comfort, not just making sales. The FAQ on the site and the requirement to fill a questionnaire also ensures buyers know what to expect. The transparency about potential late fees is helpful too. Overall, it’s a responsible guide that encourages careful decision-making.
Hi all, reminder to keep the conversation focused on the installment process and customer preparation steps. If you have questions about specific E-Bike models or store logistics, please start a separate thread. Let’s help everyone make informed choices!
It’s good they advise caution, but I’m still not convinced about the need for a guarantor. What if someone can’t find a reliable person to back them up? Also, $62 a month looks affordable, but with late fees and other costs, could buyers end up paying a lot more in the end?
The blog did mention the guarantor isn’t always required, and it depends on the questionnaire outcome. They seem willing to help those without one by checking alternative supports. As for the fees, I think they’re honest about them, so if people budget and communicate early, they can avoid problems.
That’s fair, but I still wish they’d provide clearer examples of total costs with all possible fees so people don’t underestimate the expenses.
Alternative support is helpful, but sometimes people don’t want to ask friends or family for help. Maybe they should explain more about the different cases where guarantors are or aren’t needed.
Some people also don’t look carefully at the small print. Late fees can add up very fast if you miss a few payments.
True, more transparency would help. Maybe extra reminders for customers to check all terms before signing.
Installment plans always have risks, but at least Eko Life is telling people upfront. That’s better than companies that hide fees.
While it’s good to encourage planning and testing the bike, I think the need to register, do a questionnaire, and maybe bring a guarantor is quite a hassle. Doesn’t that make the buying process a lot longer and more stressful?
I get that it’s more work, but the extra steps protect both the buyer and seller. The process might feel slow, but at least it reduces the risk of getting into financial trouble.
True, but maybe they can streamline with online approvals or make the process more digital. Some people need the E-Bike urgently for work.
Agree that safety is important, but maybe for repeat customers the process can be easier. Not everyone is a first timer.
Some people just want things fast and easy, but installment plans are a big deal. Taking time to check can save future headache.
Exactly, sometimes fast isn’t best. Better to do it properly the first time.
Maybe Eko Life can have clearer signage or explainers in the shop, so people understand why there’s extra paperwork.
If I have some months where it’s hard to pay on time, is there any way to negotiate or get a short extension before late fees kick in?
Thank you for raising this, Hafizah. If you foresee challenges in making a payment on time, we encourage you to contact us as early as possible so we can explore available options together—sometimes we may be able to assist or discuss a short extension on a case-by-case basis, though late fees can still apply. Clear communication helps us support our customers better in difficult months.
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.
I like the idea of being able to try the E-Bikes at the shop before making any decisions. Also, the info about late fees is important, not everyone pays attention to that!
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.