With so many e-bikes available in the market, you may wonder how to get the best possible deals from electric bike wholesale dealers. Regardless of your location, it would help if you had an e-bike for daily commuting without breaking your bank.
Due to the Covid-19 pandemic, it’s not the right time to invest in motorbikes. E-bikes are budget-friendly, energy-efficient, as well as highly useful. However, getting the most jaw-dropping deals on e-bikes is a daunting task.
Here Are Some Practical Tips To Consider For Getting The Best Deals From Electric Bike Wholesale Suppliers.
- Buy Your E-bike In Off-Season When Prices Are Down
If you are set to buy a brand new e-bike without hitting your pockets, consider meeting with dealers in the spring season. Most of the bike models are launched at the beginning of every new year, due to which electric bike wholesale sellers become desperate to sell their previous inventory.
This is a secret tip to get serious discounts on e-bikes. Underrated and less-selling models are available with a minimum 15-20% flat discount. However, you will get limited models to choose from in the spring season. If you are quite particular and selective in terms of bike, forget the idea of saving money.
- You Can Buy Demo, Used And Well-Maintained E-bikes From Wholesalers
Some electric bike wholesale dealers also have inventory that consists of demo, replacement, and used e-bikes. The best part of these bikes is they are available at dirt-cheap prices. This is one of the most favorite strategies for smart buyers. Although some of these bikes are ridden before, they are maintained by professional mechanics.
If you are lucky, you get a direct seller warranty on demo e-bikes. But, the warranty period will be shorter, like six months to one year. This strategy work when you buy demo bikes from the fleet. Make sure you don’t choose older or defective models. It is highly recommended to purchase such bikes from well-known e-bike distributors.
- Negotiation Is The Key
Whether you are purchasing an older or newer model, the price margin is very thin. However, these dealers typically have a good margin on after-sales services and accessories. If you are a new buyer, the dealer will try to grab your attention by giving discounts on accessories and services.
As a potential new customer, you have a higher chance of grabbing the maximum discount the seller can offer. Therefore, you should be good at negotiating while purchasing e-bikes. Without negotiation, you will end up spending excessive money on your e-bike.
- Cash Vs Finance
During this worldwide coronavirus pandemic, ever fewer savings remain in our hands. You might also be planning to buy your e-bike in finance due to a cash crunch. When it comes to purchasing e-bikes, around 20-25 percent of consumers finance their bike purchase.
However, it’s not a good idea if you are trying to save money. Buyers get 6-12 months loan tenure for repayment. But, they end up paying an extra 30 percent of the overall cost on average as interest and various processing charges. These terms also depend on the loan provider. Furthermore, electric bike wholesale dealers also get a commission from the banks depending on their customer base. You will see most of the showroom owners highlight attractive interest rates on e-bikes using billboards and banners.
In simpler words, try to purchase your e-bike without any loan. You will save money and don’t have to face hassles of timely loan repayment.
- Final Words
E-bike is a fun, reliable, and most importantly, an environment-friendly mode of urban transport. Become a smart buyer and don’t fall for the marketing gimmicks of electric bike wholesale suppliers. Negotiation is crucial to decrease the overall on-road cost of your e-bike.