How to Get a Budget-Friendly or Free Electric Bike?
Electric bikes are a modern and eco-friendly way of transportation. The number of these e-bikes is increasing every passing day, because of convenience in all types of scenarios. Nowadays many manufacturers make hundreds of models every day and trying to make them affordable for everyone. However, the overall electric price can vary depending on many factors such as brand, type, added features, technology, and market demand. Due to this some people still can not afford these electric bicycles. This article will explain how to get a free or low-price electric bike.
Free Electric Bike Programs
Although many brands are manufacturing affordable electric bikes, yet many people are still unable to purchase such e-bikes. So, getting an ebike free of cost is an experience that everyone wants. But it is not an exclusive offer as it looks like. Some companies and brands run limited-time giveaways, referral rewards, promotional events, and testing unit programs. You will have to follow and participate in such programs to get a chance to have a free electric bike. Even though many people participate in these programs, but the chances of getting a free electric bike are limited and randomized. Therefore, you should not expect much out of these giveaways and events
Electric Bike Rebate Programs
The US government does not offer free electric bikes to the users. However, it runs different rebate or discount programs in almost every state. But these programs also tend to have some conditions and purposes that need to be discussed. However, the policies relate to the electric bike incentive program and tax rebate change and are updated from time to time. So, we suggest you visit the relevant state’s official website for the latest updates about incentive programs.
Current E-Bike Incentive Programs
Most US states have a rebate program for people who can not buy an electric bike due to high prices and financial issues. The federal government finances such people according to the terms and conditions set by the state. Usually, every state offers a 20% to 30% tax rebate on buying a new electric bike. On the bill approval, an American taxpayer gets a 20% to 30% tax rebate to buy an electric bike or a cargo electric bike up to $1500. However, if you want to know the exact percentage of incentives on electric bike you should visit the official website of the relevant state. As the states change or update the rules and regulations with time. Currently, some states still do not have any ongoing incentive programs. These are Alabama, Alaska, Arizona, Florida, Delaware, Idaho, Montana, Utah, and Virginia.
Purpose of Incentive Program
The government often actively promotes electric bikes through incentive programs. This incentive program aims to choose an e-bike over traditional bicycles and gas-powered vehicles. Some of the important factors are as follows
- Reduce Emissions: The primary purpose of an ebike is to reduce air pollution compared to gas-powered vehicles. It helps reduce carbon footprint and is considered an eco-friendly way of transportation. Therefore, promoting electric bikes through incentives can attract the common people to buy them.
- Energy Efficient: An electric bike does not completely rely on motor power. Human effort through pedal assist makes it an energy-efficient mode of transportation. It consumes less energy and gives more mileage compared to any other vehicle.
- Cost Saving: Another reason for government incentive programs is to lower fuel consumption. Electric bikes use a small amount of electricity on a single charge compared to gas-powered vehicles. So, this program benefits both the government and the common people.
- Traffic Congestion Relief: Congested traffic is a serious issue for urban areas. Therefore, to address this issue different states have launched electric bike incentive programs to promote e-bikes for shorter trips. It will be some relief for busy roads and traffic jams.
- Increased Ridership: Incentives encourage many people to use e-bikes. Because it is a safer and more sustainable transportation ecosystem.
- Improved Health: Riding e-bikes needs physical effort but less than traditional bicycles. The purpose of the incentive is to promote physical activity to improve the health of a common person.
Eligibility Criteria for Incentive Programs?
Everyone can not participate in the state electric bike incentive program. You must comply with the terms and conditions that a state requires to grant any incentive or tax rebate. Every state incorporates its terms and conditions, however, some of the commons are as follows.
- Age Limit: The minimum age in most states is 18 years to participate in the incentive program. However, the age limit can vary from one state to another. So you should verify through the official website of your state.
- Income Detail: If you have a lower annual income, you will be preferred and can get more benefits in the incentive.
- Electric Bike Type: States offer different types of vehicles from classes 1 to 3 and cargo electric bikes.
- Residency: The person applying for the incentive program must be a resident of the same state.
- Purchase Location: An ebike needs to be purchased only from the selected retailers within the state.
Get a Budget E-Bike Other Than Incentive Program
Although, you can avail yourself of the opportunity to participate in free and incentive programs. It is for everyone but with some terms and conditions. However, everyone can't participate in these programs due to set terms and conditions. But you do not need to worry because there is another way to get an electric bike at discounted rates. It is a lot easier than participating and doing much paperwork. So you can pay attention to the activities of different electric bicycle brands. Fiido is an electric bike shop offering 10% to 30% discounts on most electric bike models for US riders.
Currently, Fiido is offering L3 long-range electric bikes for $799 with a 20% discount rate for US riders. It is foldable and has a 15.5 mph speed, equipped with a 350w brushless motor and an Ip54 waterproof rating. Moreover, you can not miss the Mini D3 Pro, which is affordable at $399 with a 40% discount for a limited time. It is a class 1 electric bike that has 15.5 mph speed with a 250w pedal assist motor. The size of the mini D3 pro is so compact that you can carry it everywhere easily.
Summary
Getting a free electric bike or a rebate through incentive programs can be a real joy. You will have to participate in different ebike events to try your luck. For this purpose, you will have to be eligible for the terms and conditions required to participate. However, the people who can not snag a free electric bike can subscribe to Fiido's independent station and buy electric bikes at discounted rates. It does not require strict scrutiny or complex paperwork to avail of the opportunity. You need to keep yourself updated with Fiido’s ongoing and future sales and events.
