Are you interested in electric bikes as a way to save money? Are ebikes a viable alternative to cars? In this episode of Real People Talking About Ebikes, we hear from a friend in downtown Santa Barbara, how is a proud owner of a Prodecotech Phantom X2 folding electric bike.
Because this full-size ebike can fold in half, he has taken it on the train to San Diego. He recharged the battery on the way down, and had nearly a full charge by the time he arrived. He tells us that this is one of the most affordable folding electric bikes (it currently retails on our site for $1,699, including free shipping and one year free roadside assistance).
Our friend also dispels a common belief that ebikes are hard to work on and operate. In fact, there are many after-market addons and do-it-yourself (DIY) modifications that are common with ebike owners.
What are some of the benefits of owning an ebike. Well, for one, you save gas every time you use your ebike instead of a car to get around. Our friend says he actually calculated the amount of money he saved on gas alone, and that the electric bike was fully paid off in two years. Imagine of you could get rid of your car altogether - you would also save money on parking (and parking tickets), insurance, registration and repairs, making ebike ownership an incredible savings opportunity.