8 Of The Best Cheap Electric Bikes Under $500 Reviews-2021

Electric bikes are all the rage these days. With their versatility and eco-friendly nature, it’s easy to see why a lot of people are making the switch to these convenient motorized bicycles.

But let’s be honest – electric bikes often come with an expensive price tag. That makes it less appealing, especially to those who have to stick to a budget.

Fortunately, not all electric bikes are expensive. If you know where to look, you’ll be surprised to find a wide range of affordable e-bikes with compact design and impressive features.

best electric bike under 500

If you’re looking for budget-friendly e-bikes, then you came to the right place. Here, we will review the top 8 best cheap electric bikes under $500. Continue reading to know more about what we think.

In A Hurry, Here Is Our Top 3 Picks Of Best E Bikes Under $500

Our Rating
4.5/5

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Our Rating
4/5

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1. Voyager Compass, Folding Electric Bike Under $500

The first on our list is the Voyager Compass Foldable Electric Bike. With its powerful 350-Watt rear hub motor, rear disk brake and impressive battery range, it’s surprising how affordable it is.

SPECS AND FEATURES

  • Scooter weight: 42 lbs
  • Frame: Forged aluminium alloy heavy duty frame
  • Maximum Range: Up-to 15 miles on a single charge (throttle mode)
  • Maximum Speed: Up-to 15mph
  • Max load capacity: 265 Lbs
  • Motor:  350Watt powerful motor
  • Battery: 36V, 6Ah Rechargable Lithium-Ion battery
  • Charging time: 4 hours
  • Brakes: Rear Disk brake
  • Suspension: Coushioned rear suspension
  • Riding modes:  3 riding modes that include a Pedal Assist, Full Electric, and Full Manual Mode
  • Lights: LED headlight and rear brake lights
  • Waterproof rating: IPX6
  • Tires: 12″ Anti-slip pneumatic  tires 
  • Max incline: 15 degrees

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This powerful e-bike can go at a speed of 15 miles per hour when run on full electric mode. While it’s not the fastest e-bike we’ve tested, we were quite impressed by how well it performs.

And if you want to go faster, you can opt to ride it on full manual or pedal assist modes. This allows you to control the avarage speed better to get to your destination faster.

Fortunately, switching between these three modes is a breeze. Even if you’re new to e-bikes, the Voyager Compass Foldable Electric Commuter Bike can instantly make you feel like a pro.

Aside from its impressive performance, we also love how comfortable it feels. The seat is wide enough to offer bottom and spinal support to guarantee maximum comfort for a long ride. The seat height is also adjustable, so you don’t have to worry about arching your back or struggling to pedal during the ride.

Aside from the comfortable seat, the Voyager Compass Foldable Electric Bike is also fitted with an impressive suspension system. This feature helps absorb much of the shock and vibrations from the road, and that allows you to enjoy a smooth cruise throughout the day.

We also love the built-in LCD screen on this lightweight electric bike. It displays the battery status and current speed, so you know when it’s time to switch to pedal mode. But considering that it uses a 36-Volt battery, running out of battery was the least of our concerns. Also, the lithium-ion battery on this unit can be charged in just 4 hours. That’s quite convenient, especially if you want to use it for your daily commutes.

And if you’re worried about storage or parking space, we’re here to tell you that the Voyager Compass Foldable Electric Bike has got you covered. It has a lightweight frame and a foldable design that folds down nicely to allow you to carry it with ease. It is also quite compact, so it won’t take up a lot of storage space. If you live in a small home or apartment unit, this is the ideal electric bike for your daily life.

All things considered, the Voyager Compass Foldable Electric Bike truly deserves to be one of the top 8 best electric bikes under $500.

What we liked

What we didn't like

2. Engwe X5, Best Budget Electric Bike Under 500

Another top contender for the best electric bike under 500 dollars is the Engwe X5. If you’re looking for a speedy performer with dual disk brakes that’s meant to dominate paved roads, then this is the e-bike for you.

SPECS AND FEATURES

  • Bike weight: 56 Lbs
  • Frame material: High-strength carbon steel frame
  • Max load capacity: 265 Lbs
  • Max range: 20 miles per charge on electric assist mode, 40 miles on paddle assist mode
  • Max speed: 22 mph
  • Number of speeds: Single speed
  • Motor power: 400W rear hub motor
  • Battery capacity: 48V, 10Ah long-lasting removable Lithium-Ion battery
  • Charging time: 5-8 hours
  • Handlebar style: Height adjustable
  • Tires: 14 x 2.125 ” air filled tires
  • Brakes: Front and rear mechanical disk brakes
  • Suspension: High strength carbon steel front fork suspension
  • Display: LED display that shows current speed, battery level etc
  • Seat: Height adjustable comfortable seat

One of the first things we noticed about the Engwe X5 is its lightweight construction. Thanks to its carbon steel frame, this electric commuter bike is one of the most lightweight units we’ve tried. As a result, it was easily navigable, so even teenagers can ride it safely to their destination.

This electric bike also features a foldable frame. In just a few minutes, we were able to fold it down to a compact shape. That allows for easy storage and transportation – perfect for those who want to go on new adventures and take their e-bikes with them along the way.

Despite its being lightweight, the Engwe X5 is also quite durable. Carbon steel is one of the strongest and sturdiest materials for e-bikes. That assures you that it won’t be falling apart anytime soon.

But, what we were most impressed by is how powerful this electric bike is. With its 400-Watt motor and 48-Volt battery, the X5 can go as fast as 22 miles per hour. That’s one of the fastest speeds we’ve experienced on a budget-friendly e-bike. And that makes it truly impressive.

Additionally, this comparatively fat tire e-bike has a maximum mileage of around 20 miles. That’s enough to get you a roundtrip ride to your work or school without needing to pedal. And if you opt to go with the assisted pedal mode, you can make the most of it with a maximum mileage of 37 miles.

We also love how smooth it felt during the ride. It has a shock-absorbent front suspension fork that helps do away with the vibrations of uneven roads, allowing us to ride in comfort. Nevertheless, we still think that it’s best for riding on flat terrain and paved roads – and not for all-terrain adventures.

Overall, we are quite impressed by what the Engwe X5 has to offer. With its powerful performance to its user-friendly interface, there’s no doubt that it’s one of the top 8 best electric bikes under $500.

What we liked

What we didn't like

3. Ancheer 16 inch, Best Folding E-Bike Under 500

If you’re looking for a stylish electric bike with dual disk brakes that you can use to replace your daily commutes, then the Ancheer Folding Electric Bicycle is perfect for you. With its long-lasting battery, dual disk brakes, 16-inch wheels and sturdy construction, this e-bike is here with you for the long run.

SPECS AND FEATURES

  • Bike’s weight: 50.7 Lbs
  • Frame material: High-strength carbon steel frame
  • Max load capacity: 220 Lbs
  • Max range: 15 miles on electric assist mode, 30 miles on paddle assist mode
  • Max speed: 15.5 mph top speed
  • Riding modes: 3, E-bike mode, pedal assist mode and normal bike mode
  • Motor: 250W rear hub motor
  • Battery: 36V, 8Ah long-lasting removable Lithium-Ion battery
  • Charge time: 4-6 hours to fully charge
  • Handlebar style: Height adjustable
  • Tires: 16 ” air filled tires
  • Brakes: Front and rear mechanical disk brakes
  • Suspension: Rigid
  • Display: LED display
  • Seat: Height adjustable comfortable seat
  • Waterproof rating: IP65

When we first laid our eyes on this ancheer folding electric bike, our first thought was that it was really stylish. Unlike other electric folding bikes in the market, it has a futuristic feel to it that can instantly make heads turn. Fortunately, it’s not all just aesthetics – it also boasts a powerful performance that can put other budget e-bikes to shame.

The Ancheer Folding Electric Bicycle comes with a steel frame, so you know that it’s not something that will fall apart easily. You can really feel the quality of the steel since it’s neither wobbly nor cheap-feeling. And that guarantees good value for the money.

While steel is known to be a heavy material, we were surprised by how lightweight it was. It also has a collapsible design, so portability is one of its strengths.

Relatedly, the Ancheer Folding Electric Bicycle is highly maneuverable. We didn’t have a hard time navigating through obstacles, which also reduces our risk for accidents.

While we’re on the topic of safety, we were also impressed by the dual disc brake system on this electric bike. It was responsive and powerful, and that ensures a full stop whenever you need it. Even when you’re riding through slippery roads, you can count on these brakes to save you.

We also love how well the Ancheer Folding Electric Bicycle performs. It offers a 3-speed system and larger wheels that you can take advantage of when plying different road conditions.

This electric bike also has a long-lasting battery that can deliver a maximum mileage of 15 miles when on full-electric mode or around 30 miles on pedal-assisted mode. This makes it ideal for short errands or as a commuting substitute.

Overall, this e-bike from Ancheer is a top contender for the best folding electric bike under 500. With its lightweight construction, collapsible design, and superior performance, it’s easily one of this year’s top choices.

What we liked

What we didn't like

4. Hiboy P10, Electric bicycle Under 500

The Hiboy P10 Folding Electric Bike for Adults is another e-bike to look out for. It has one of the most user-friendly interfaces we’ve tried, which is why we believe it deserves to be in our top 8 best electric bikes under $500 price brackets.

SPECS AND FEATURES

  • Frame material: lightweight Aluminium alloy
  • Bike weight: 27 lbs
  • Max load capacity: 265 lbs
  • Electric Range: 18.6 miles when fully charged
  • Assist distance range: 31 miles
  • Acceleration: Twist throttle
  • Max speed: 15.5 mph top speed
  • Motor: 350W rear wheel electric motor
  • Battery: 36V/7Ah long-lasting li-ion removable battery
  • Handlebar style: Height adjustable handlebar
  • Charging time: 6 hours 
  • Charger: Smart lithium battery charger
  • Tire: 12″ air filled tires
  • Braking system: Dual disk brakes
  • Climbing capacity: 15%

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At first glance, we thought that the P10 would be just another folding bike that’s meant for paved lanes and flat terrain. We honestly didn’t expect much – but we were beyond surprised when we decided to give it a try.

The Hiboy P10 Folding Electric Bike for Adults comes with a powerful 350-watt brushless motor. As a result, it can push the e-bike at speeds of up to 15.5 miles per hour. This is the ideal avarage speed for leisurely cruising, but still fast enough to help you get to your destination safely.

Additionally, the motor is conveniently located in the rear wheel hub, giving it a powerful rear-drive push every time. It’s so powerful that it can easily climb elevated areas with up to 15% hill grade.

The Hiboy P10 Folding Electric Bike for Adults is also fitted with 12-inch air tires with deep lugs. This feature gives it added cushioning for added comfort. On the other hand, we could confirm that the traction from the lugs helps with cruising through wet roads without fear of slipping.

The P10 is programmed with three riding modes: electric bike, assisted bicycle, and regular bicycle. Switching between these modes is also a breeze, so even first-time users won’t have a problem with operating it.

We also love the battery life on the Hiboy P10 Folding Electric Bike for Adults. It has a high-capacity battery that allows you to travel around 15.5 miles when in the electric bike mode or over 21 miles in the assisted bicycle mode. That’s quite impressive, considering how affordable it is.

For our convenience, this electric bike comes pre-assembled. Even if you don’t have any experience in assembling foldable bikes, you won’t have any problem with setting up the P10.

For its user-friendly design and competitive performance, there’s no doubt that the Hiboy P10 Folding Electric Bike for Adults is a great entry-level electric bicycle under 500 dollars.

What we liked

What we didn't like

5. ENGWE 26 Inch, Electric Mountain Bike Under 500

If you’re looking for an electric mountain bike under 500 dollars, the Engwe MBT26 Electric Mountain Bike won’t disappoint. It has all the workings of a sturdy mountain bike, with the added motorized upgrade to give you that extra boost.

SPECS AND FEATURES

  • Frame material: High strength carbon steel
  • Bike weight: 50.7 lbs
  • Max load capacity: 265 lbs
  • Electric Range: 18.5 miles when fully charged
  • Assist distance range: 31-37 miles
  • Max speed: 20 mph top speed
  • Motor: 250W 32NM torque brushless motor
  • Battery: 36V/8Ah long-lasting li-ion battery
  • Transmission system: 21 speed shimano
  • Suspension: Front dual fork suspension
  • Charge time: 4-5 hours 
  • Charger: Smart lithium battery charger
  • Lights: Bright LED headlight
  • Tire: 26″ air filled tires
  • Braking system: Dual mechanical disk brakes

This electric mountain bike comes with a 250W motor that’s powerful and easy to control. Not only does it allow you to conquer inclined areas, but it will also help you navigate through rough roads and multiple obstacles.

Thanks to its powerful motor, the MBT26 can go as fast as 17 miles per hour even without pedaling. Speaking of speed, it also offers a 21-speed system to allow you to maneuver through different terrain optimally. It’s easy to see that this mountain bike is designed for the true adventure-seeker.

Speaking of adventure, the Engwe MBT26 Electric Mountain Bike comes with 26-inch tires with deep lugs. This feature helps ensure a tight grip on the road to prevent slips – which is especially helpful on smooth surfaces or wet pavements.

We also love the mechanical shock absorber on the front fork. It really helps us take control over the unit since we could barely feel any vibrations from the surface. We even tried it on off-road terrain and the level of comfort was truly unbelievable.

The Engwe MBT26 Electric Mountain Bike also comes with a lasting 36-Volt battery that delivers a maximum mileage of 25 miles. And that’s pretty impressive for a budget-friendly electric mountain bike.

For our safety, this e-bike comes with front and rear disc brakes. These are responsive and helpful when you need it to go into a full stop – especially when you’re descending a hill. These hydraulic brakes are powerful enough to bring the whole unit to a complete stop, and they can give you peace of mind in case of emergencies.

All things considered, there’s no denying that the Engwe MBT26 Electric Mountain Bike is one versatile unit. Whether you’re using it for your daily life or your every off-road adventure, this is one e-bike that won’t disappoint. That’s why it’s one of the top electric mountain bikes under $500.

What we liked

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6. Ancheer 500W Electric Review

If you crave speed above all, then you’re bound to fall in love with the Ancheer 500W Electric Bicycle. With its combination of a 500W motor and a 48-volt battery and 14-inch wheels, it delivers a performance beyond compare – which is why it’ undeniably one of the best e bikes under 500 dollars.

SPECS AND FEATURES

  • Frame material: High quality steel frame
  • Bike’s weight: 26.5 lbs
  • Max load capacity: 265 lbs
  • Electric Range: 18-20 miles when fully charged
  • Assist distance range: 31 miles
  • Acceleration: Twist throttle
  • Max speed: 20 mph top speed
  • Motor: 500W powerful rear wheel electric motor
  • Battery: 48V/7.5Ah long-lasting li-ion battery
  • Riding modes: 3 different riding modes and cruise control
  • Charging time: 6 hours 
  • Tire: 14″ anti-slip air filled tire
  • Braking system: Dual mechanical disk brakes
  • Ip Rating: IPX5
  • Max incline: Up-to 20 degrees

Thanks to its high-speed brushless motor, this e-bike has no problem with reaching top speeds of up to 20 miles per hour without any pedal assist. While we were skeptical at first, we were blown away by how fast it can go, especially considering its price range. It’s truly one of the rare gems that we have on this list.

Additionally, we didn’t experience any problem with climbing uphill with this single speed electric bike. The power that the Ancheer 500W Electric Bicycle holds really caught us by surprise.

Aside from its motor, this electric bike also has an impressive lithium-ion battery. It can give us a riding range of up to 20 miles when it’s fully charged, and that can get you a roundtrip ride to your destination without pedaling or needing a recharge. And that’s really impressive.

Despite its speed, we find this e-bike to be highly navigable. We believe it’s because of its lightweight aluminum frame, that even beginners won’t have a problem with controlling it during the ride.

Also, the Ancheer 500W Electric Bicycle offers a collapsible design that allows it to fold down into one compact unit. This, paired with its lightweight construction, makes it the portable choice for people who love exploring new territories.

To complement the frame, this e-bike is fitted with strong air-filled tires. These tires offer extra cushioning and shock absorption to ensure a safe and comfortable ride – perfect for long cruises.

For our added convenience, the Ancheer 500W Electric Commuter Bike comes with a cruise control feature. Just twist the throttle and press the switch to engage this function, and leave the rest to the e-bike. If you’re preparing for a long commute, this is the perfect feature to ensure a comfortable ride.

If you’re worried about how it performs when it rains, we’re here to tell you that there’s nothing to worry about. This electric bike comes with IPX5 waterproofing that keeps it protected against unexpected rain showers.

And to ensure further protection against external factors, this bike has an enclosed seal design that effectively keeps dust and debris out. That keeps the motor free from any build-up that can cause it to wear out easily – so you know you’re getting the best value for the money.

All things considered, it’s easy to see why the Ancheer 500W Electric Bicycle is one of the top 8 best electric bikes under $500. It’s powerful, versatile, well-designed, and extremely stylish – what more can you ask for?

What we liked

What we didn't like

7. Gyroor C3 Electric Bike review

Cheap electric bikes under 500 dollars with excellent mileage are hard to come by, which is why we were impressed by the Gyroor C3 Electric Bike for Adults. Aside from its futuristic aesthetics, it also features a long-lasting battery and hydraulic disk brakes that can easily make all your friends turn green with envy.

SPECS AND FEATURES

  • Frame material: Aluminium alloy
  • Bike weight: 47.8 lbs
  • Max Rider weight: 265 lbs
  • Electric range: Up-to 28 miles on a single charge
  • Assist distance range: 38 miles
  • Acceleration: Twist throttle
  • Maximum speed: 18.6 miles per hour
  • Motor: 450W rear wheel hub motor
  • Battery: 36V/10Ah long-lasting li-ion removable battery
  • Charging time: 6 hours 
  • Tire: 14″ air filled anti-slip tires
  • Braking system: Dual hydraulic disk brakes
  • Suspension: Rear spring suspension
  • Climbing capacity: 15%
  • Display: LCD display which shows all the necessary metrix

Unlike other e-bikes with modest mileage, the C3 can cover up to 28 miles without even using the pedal. This is owing to its smart battery system that guarantees an optimal performance every time. And even if you want to ride using the pedal-assist mode, you can make the most of it for up to 38 miles. True enough, the C3 is the budget-friendly king of long-range rides.

Aside from the battery, the Gyroor C3 Electric Bike for Adults also has a powerful motor. It comes with a 450-Watt brushless motor that allows it to go up to around 18 miles per hour. This is fast enough to be your commuting alternative, so you know it’s going to make a good investment.

We also love how it’s fitted with state-of-the-art safety features. First, it has a dual disc brake system that delivers progressive yet responsive braking to steer us clear from potential harm. It’s so powerful that we had no problem getting the e-bike to stop even on wet and slippery surfaces. Now that will surely give you peace of mind.

Second, the Gyroor C3 Electric Bike for Adults comes with a shock absorber system that keeps vibrations and jolts away. That reduces any shock factor that you may encounter during the ride, so you can stay in control of your e-bike.

And third, it comes with a headlight and rear lights. These features offer added visibility in case you have to cruise in low-light areas. That greatly reduces your risk of colliding with other bikes or people, so you can ride confidently at any time of the day.

To ensure its longevity, the C3 comes with an IPX54 rating. This guarantees that even if it rains unexpectedly while you’re in the middle of the ride, the unit won’t suffer from any malfunctioning.

The Gyroor C3 Electric Bike for Adults also comes with a foldable design. That allows it to fit inside your car’s trunk or take up a tiny space in your garage – perfect for those living in dormitories or small apartments with no parking spaces.

What we liked

What we didn't like

8. Jetson Bolt Folding Electric Bicycle

So far, most of the items on this list are catered towards adult riders. If you’re looking for an electric bike that’s suitable for teenagers, then look no further than the Jetson Bolt Folding Electric Bike.

SPECS AND FEATURES

  • Frame material: Aluminium alloy
  • Bike’s weight: 34 lbs
  • Max Rider weight: 250 lbs
  • Electric range: Up-to 15 miles per charge
  • Maximum speed: 15.5 miles per hour
  • Motor: 250Watt motor
  • Battery: 36V/5.2 Ah long-lasting li-ion battery
  • Charging time: 5 hours 
  • Tire: 12″ air filled anti-slip tires
  • Braking system: Rear disk brake
  • Seat: Height adjustable comfortable seat
  • Light: Front LED headlamp and rear brake light
  • Display: LCD display which shows all the necessary metrix

This stylish e-bike comes with a lightweight aluminum alloy frame that’s easy to maneuver, even for younger riders. But despite its lightweight construction, aluminum alloy is known for being quite sturdy, so you know it won’t fall apart while your child is enjoying the ride.

Despite being marketed for younger riders, the Jetson Bolt Folding Electric Bike has a maximum weight capacity of 250 pounds. That means that it is sturdy enough to accommodate adults as well. Even if you have to carry your school or office bag, you can count on this e-bike to take you to your destination safely.

Aside from its undeniably stable build, we also noticed that the bolt is quite easy to use. It has an intuitive user interface that made it easy to operate, so our young riders won’t have a problem with getting it up and running.

Even setting it up is a breeze. The Jetson Bolt Folding Electric Bike has a collapsible handlebar so it folds down into a compact unit. It’s designed with a convenient handle once it’s folded, and that makes it easy to carry. And since it only weighs around 34 pounds, it’s undoubtedly one of the most lightweight items on this list.

This electric bike comes with a 250W motor. While it’s not the most powerful, it offers a decent performance when cruising through urban terrain. This motor can push the e-bike at top speeds of 15 miles per hour, which is safe enough for younger riders.

It also has an impressive fast-charging lithium-ion battery. This feature powers up the Jetson Bolt Lightweight Electric Bike for around an hour, which is enough to cover a distance of 15 miles.

With its eye-catching aesthetics, user-friendly design, and impressive features, there’s no doubt that the Bolt deserves to be on this list. And the fact that it’s under $500 makes it quite a steal.

What we liked

What we didn't like

How to Choose The Best Cheap Electric Bike, Buying Guide

Now that we have introduced our top 8 best electric bikes under 500, there’s a chance that you’re still torn between two or more choices. To help you narrow things down, this buying guide will discuss factors that you should bear in mind.

1. Construction

The first factor that you should consider is the frame material. Identifying what the material is will help you determine how well it will hold up despite regular wear and tear.

For this purpose, there’s no denying that steel is a popular material of choice. Aside from being sturdy, it’s also easy on the budget. Aluminum and carbon steel are also considered popular, especially if you want a lightweight unit.

If you choose an electric bike without folding capability, you can go for a more powerful motor like 750 watt.

Torque is an important factor in a motor’s performance. It also decides how fast your bike will be. You should choose a motor that has at least 40 nm torque output.

2. Motor

The motor is responsible for producing the necessary power to get the electric bike going. As much as possible, it should be powerful enough to deliver the stop speeds that you want or to help you navigate through rough roads or those with inclinations.

Within this budget range, somewhere between a 250-Watt and a 500-Watt motor is ideal. But, the final choice depends on the type of road you’re frequently plying. If it’s generally flat and paved, you can do well with a small motor. Otherwise, you should stick with a powerful one.

3. Range and Battery Life

If you want to rely solely on the bike’s electric motor, then you need a unit that comes with impressive battery life.

For a budget unit, we don’t expect the batteries to last all day. But, we do expect it to at least give you a range between 15 and 30 miles. That should be enough for an hour-long journey.

Also, you should look into how fast or slow the battery charges, and whether or not it’s removable.

4. Pedal Assist System (PAS) and Throttle

The next factor that you should consider is how you want to control the speed of your electric bike. Two popular options are the Pedal Assist System or PAS and the throttle system.

For the PAS, pedaling itself helps you control the speed of the e-bike. This makes it easier to control since it feels as easy as riding a regular bike but with the added boost from the motor. On the other hand, throttles are located on the handlebar, and you either twist it or push a button with your thumb to switch between speeds. This makes it similar to riding a motorcycle, and beginners may not have that experience yet.

5. Safety Features

Perhaps the most important factor that you should look into is the safety features. Here are some of the basic safety features that an electric bicycle should have – regardless of how affordable it is.

  • Suspension system. This feature helps absorb the shock and vibrations when you’re riding through rough terrain to ensure a smooth and comfortable ride. As a result, it helps prevent backaches and hand cramps to help you focus on navigating.
  • Brake system. The brakes on the e-bike should be responsive and powerful to ensure a sudden stop when you need it. This is the biggest feature that can help prevent accidents.
  • Lights and reflectors. You need visibility when riding through the night or when it’s foggy and visibility is low. These features will surely alert incoming persona and similar bikes to prevent possible collision.

6. Other Features

Aside from the factors mentioned above, you should also look into other features that you will need in an e-bike. Here are some examples for you to consider.

  • If you have limited storage space, it’s best to go for an e-bike that’s foldable and portable.
  • If you live in an area where rain showers come as a surprise, waterproofing is an essential feature for your e-bike.
  • LCD screen. You can also opt for the added convenience of an LCD screen to monitor the status of your unit.
  • Some e-bikes come with Bluetooth connectivity, so you can monitor and control them via a mobile device.

Frequently Asked Questions About Cheap electric Bikes

Out of the items on this list, there’s no denying that the Voyager Compass Foldable Electric Bike offers the most impressive features. Despite its affordable price tag, it still boasts a powerful motor, a fast-charging yet lasting battery, a durable construction, and undeniable riding comfort. What more can you ask for in an affordable electric bike?

E-bike prices vary, with the range being somewhere between $400 for budget-friendly units to $2500 for more high-end ones.

Yes. For $500, you can get a decent electric bike with good mileage, impressive performance, and durable construction. It goes to show that you don’t have to break the bank to own a reliable e-bike.

Yes. While e-bikes are not cheap, they come with multiple benefits such as making commutes less of a hassle, getting an excuse to exercise, and being eco-friendly, to name a few.

In general, electric bikes can go up steep hills, especially those with very powerful motors. However, we suggest looking into whether the particular unit is rated to climb uphill or not to prevent its malfunctioning during your attempted ascent.

Yes. Electric bikes that will be used for casual activities like leisurely rides and commutes will do just fine with a 500-watt battery. But if you’re into long rides and off-road adventures, you might need a more powerful motor.

The answer to this question depends largely on the motor’s capacity vis-à-vis the battery. But in general, an electric bike can last for around 1 to 2 hours when it’s fully charged.

An electric bike with a 500-Watt battery can run as fast as 20 miles per hour.

To make the most of what you paid for, the key is to ensure that your electric bike is well-maintained. Here are some pointers to keep in mind:

  • Recharge the batteries as soon as you’re done using them for the day.
  • Wipe it down with a clean cloth after every ride.
  • If your electric bike has air-filled tires, make sure that they are properly inflated at all times.
  • Always check the motor, brakes, and chains to make sure that they’re in the best condition for your every ride.

Not all electric bikes are waterproof. To be sure, we recommend looking into each unit to verify if it is waterproof. Nevertheless, you can still clean your electric bike by wiping it down with a clean, damp cloth.

Final Thoughts On Cheap Electric Bikes

With these top 8 best electric bikes under $500, you can see that a unit has to have a decent performance, sturdy construction, and reliable safety features. These are the basic considerations to make sure that you’ll be getting your money’s worth.

But, if you want to pick the perfect e-bike for you, then you should learn to assess your needs and pick the unit based on these needs. This way, you’re bound to pick one that you’ll use and enjoy.

Remember that these cheap e-bikes are not created equal, and some features might be good for you while others may be rendered useless. Keep that in mind before you make your purchase.