Buying an e-bike

Buying an e-bike

E-bikes tend to cost more than conventional bikes, with prices typically ranging from £500 to £2,500. You can try out an e-bike to help you decide which type suits you best before committing to a purchase.

Use our Find a Test Ride tool to see where you can test-ride an e-bike locally, for free.

Once you have chosen your e-bike, you might choose to pay for it in full, or consider the purchase options below.

Finance

You can spread the cost of buying an e-bike and accessories with retail finance.

Retail finance reduces the upfront costs of purchasing an e-bike by allowing you to spread the cost over a longer period of time. The period of time typically varies from 6 months to 24 months, but in some cases it can be longer. The interest rate charged can also vary, and this will be agreed upon purchase. An initial deposit is usually required and a minimum purchase amount may apply.

finance availableMany of the retailers featured on this website offer finance options on a range of e-bikes and accessories, such as lights, locks and helmets.

You can search for these retailers by using our Find a Test Ride tool - look for the 'Finance available here' icon.

Terms and conditions apply. Please contact your preferred retailer to discuss their finance offering.

Cycle to Work Scheme

Cycle to Work is a Government scheme designed to get more people riding bicycles to work, benefiting the environment, and the health and well-being of the rider. The scheme enables you to save money - up to 42% - on purchasing your bike and cycle kit and gives you the best opportunity to start commuting by two wheels.

While e-bikes are typically more expensive than conventional bicycles, they don't need to break the bank. You can expect pay around £600 to £1,000 for a solid and reliable e-bike, but in replacing short car journeys and public transport, your new e-bike will soon pay for itself in money you save by not having to pay fares or buy petrol.


How does it work?

  • Your employer buys you the bike and other equipment, up to a maximum value of £1,000. Most employers work with a Cycle to Work provider who manages the scheme for them. Your company will be able to tell you who their provider is

  • You pay your employer back via salary sacrifice over the next 12 or 18 months, which allows you to spread the cost of your purchase. The payments are taken automatically each month from your salary

  • In doing so, you avoid paying any interest, tax or National Insurance on these payments

  • Some companies operate seasonal enrolment windows. Check with your employer for further information

  • For the length of the hire period, the bike is owned by your employer. At the end of this hire period, your employer may offer you the opportunity to buy the bike at a pre-agreed contract value in line with HMRC guidelines

  • A large number of retailers participate in the Cycle to Work scheme, but not all will offer the same products and promotional offerscycle to work

  • You can find the details of those retailers accepting Cycle to Work vouchers using our Find a Test Ride search. Look for the ‘Cycle to Work' icon

Find out how you and your employer can participate in the Cycle to Work scheme