Are you looking for a loan for an electric bicycle? Then we recommend a personal loan. You borrow the amount that the electric bicycle costs and pay it back in fixed installments and at a fixed interest rate. That way you know exactly where you stand in advance. We always recommend that you first make a good comparison to find the most suitable loan for your electric bicycle. Then pay special attention to interest, conditions and duration.

Loan for e-bike, what to watch out for

Loan for e-bike, what to watch out for

Do you want a personal loan for your electric bicycle? Then don’t walk directly to your trusted bank. Indeed, there are many more lenders who may demand a lower interest rate and apply better conditions. Therefore, always compare the largest selection of loans on a number of points:

  • Interest – The interest rate difference between the cheapest and most expensive lender amounts to more than 4 percent. On a loan for an electric bicycle, that is tens of euros every month.
  • Conditions – The conditions also determine the final price of your loan. Read this carefully. For example, check whether you can make additional repayments in the meantime or whether the lender charges a penalty interest.
  • Duration – Choose a favorable duration. The longer the term, the lower the monthly charges. This seems beneficial initially, but it is not. A longer term also means that you pay longer and pay interest for longer. So always opt for the shortest possible term at monthly charges that you can easily carry.

E-bike financing, how much to borrow?

E-bike financing, how much to borrow?

If you want to buy an electric bicycle, you will soon lose 1,500 euros. However, via Lender the minimum loan amount is 2,500 euros. So keep this in mind when you want to finance an electric bicycle through a loan.

Alternative loan electric bicycle

Alternative loan electric bicycle

You often have the option to purchase an electric bicycle on installment. You then pay a part in advance and the rest in installments. This is of course just a loan, but then at the store. Please be careful with this. Often these types of schemes are a lot more expensive afterwards. The interest that you pay is usually higher and you often do not immediately start paying off, while the interest is already charged.