Best Electric Bike Under 500 ( Top 5 In a Budget)

The world is moving at a rapid speed. Technology is taking over, and conventional ideas are presented with a modern touch. The electric bikes are no exception. Due to its convenience and eco-friendly nature, the market for electric bikes is touching new heights. More and more people are switching to electric bikes for their daily rides to the workplace. It is magnificent because now you can manage to buy the best electric bike under 500 dollars. Sound good? Let’s take a look at some of the best electric bikes that you can buy under 500 dollars on Amazon right now.

List of 5 best electric bikes under 500 USD

1. Swagcycle EB5 Plus Best Folding Electric Bike

If you want to get the best electric bike under 500 with outstanding performance, the Swagcycle is for you. The adjustable seat and handlebar let you adjust the bike to power your comfort. Even though the price is low, they have not compromised on the quality of the bike. It is smart, handy, and convenient. The Swagcycle is pre-assembled, and you don’t have to go through the assembling prices of the bike.

Design & Usability

As the name suggests, the Swagcycle is truly a swaggy bike. Its attractive design and easy maintenance, and amazing performance make it the best electric bike under 500 dollars. Additionally, the Swagcycle is foldable and helps you to save space. It hardly occupies any space and can easily be adjusted anywhere in the house or office. If you are a bike expert, amateur, teen, or an adult, we highly recommend you to go for Swagcycle; it will never disappoint you.

Performance & Speed

The Swagcycle offers the best performance at affordable prices. The lithium battery is more than capable of covering 16 miles per charge. Similarly, it takes 4 to 5 hours to be fully charged. After the charge, the Swagcycle can run up to 18mph. Lastly, the fat tires are manufactured to prevent skidding in sandy and snowy conditions.

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2. Swagcycle Pro Folding Best Electric Bike Under 500$

The Swagcycle Pro is a mini and the best folding electric bike that can outclass some of the expensive bikes when it comes to performance. It comes with a robust battery, and it is pedal-free. At maximum, it can run as fast as 18 miles per hour. Interestingly, you can trace the speed, GPS location, and much more by connecting your phone (IOS+Android) to the Swagcycle Pro. Apart from that, you can also charge your phone from the slot available on the bike.

Design & Usability

Even though the Swagcycle Pro is a lightweight, mini, and best value electric bike, however, its load capacity is as much as 120kg. If you think it is designed for kids, you might be mistaken. It is useful both for kids as well as adults. The Swagcycle has been equipped with an advanced brake system, which gives the power to control your Swagcycle Pro. It is small in size and occupies little space. Besides, you can fold it and carry it in your car.

Performance & Speed

The Swagcycle Pro is a durable and best value electric bike you will own. With little care and maintenance, it could be your lifetime partner. The powerful battery can boost the speed up to 18mph, and on a single charge, the Swagcycle can cover up to 16 miles of a great adventure. If you are low on budget, you can manage the best electric bike under 500 dollars. It is highly recommended to teens as well as adults as it will never disappoint you.

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3. Shaofu Folding & Waterproof Best Electric Bike Under 500 Dollars

The Shaofu is a dolphin-shaped beautifully designed electric that you can buy under 500 dollars. Customers and experts laud the modern dolphin shape of the Shaofu electric bike. It is foldable and occupies little space. It is a lightweight bike that is a mere 12 kg, and you can easily manage it in your car. If you can get the best electric bike under 500$, then the Shaofu becomes an obvious option.

Design & Usability

If we talk about the design, Shaofu is a complete bike. From quality to design, it offers everything you desire. The dolphin inspired shape is suitable for stylish teens as well as modern adults. It is equipped with a Bluetooth system that tracks speed, GPS location, and mileage. Additionally, the Bluetooth system works both in IOS and Android. Besides, for safety purposes, it has a horn, front, and backlight (for brake), and rear disc brake system, which offers greater control and stopping. Apart from that, it is foldable and can fit in every size of trunks; you can also leave it in the office.

Performance & Speed

Shaofu comes with a powerful battery and motor. The robust motor boosts the speed up to 25 miles per hour. In a single charge, the Shaofu can cover 17-20 km with ease. This makes your excursions more comfortable and memorable. The performance of this best value electric bike is rock solid and can compete with its competitors easily. Also, the company offers one year warranty against any defect in the battery, motor, or charger.

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4. Ancheer AN-EB005 Pedal Free Foldable Best Electric Bike

Ancheer is one of the leading companies in innovations and producing outstanding bikes over the years. Mostly, the Ancheers’ products are affordable, and you can buy the best electric bike under 500 dollars.  The dolphin-shaped Ancheer AN-EB005 is no exception. Along with affordable prices, the Ancheer has always maintained outstanding quality. Similarly, the Ancheer AN-EB005 could be a sporting as well as an outdoor life bike. Getting a cost-effective and best electric under 500 dollars was never as easy as today.

Design & Usability

The dolphin inspired model of the Ancheer AN-EB005 is better suited for all those who are in pursuit of fashion and freedom. The lightweight and folding features save you space, and you carry and store it easily. This Ancheer electric bike is also equipped with a handlebar display that tracks the speed and GPS location. Apart from that, it is durable, reliable, and gives you a comfortable ride.

Performance & Speed      

TheAncheer AN-EB005 is the best folding electric bike with so many amazing features. It is loved by the clients, and the overwhelming positive 5-start reviews is a glimpse of it. It comes with a 36V 350W (6AH) Lithium battery that is more than capable of boosting the speed up to 25km/h. Similarly, the battery can be fully charged in less than three hours, and it can cover 20 km in a single charge.

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5. Spadger Folding Best Lightweight Electric Bike

If you are looking for a complete electric bike under 500 dollars, the Spadger is a preferable choice for you. It will not only provide a comfortable ride but will also make your ride an enjoyable one. It is a perfect bike, and from quality design to the best performance, it has everything you can think of. The lightweight and folding features make it way more comfortable for you to carry or store it in the trunk. Similarly, the maintenance is pretty straightforward, and it could be your lifetime partner.

Design & Usability

Without any doubt, the Spadger comes with an incredible design. You can gift it to your son, daughter, and spouse. Similarly, the eye-catching design is also suited for fashion lovers, and you can proudly present your new Spadger to your friends. It is not only good looking, but the performance is even more excellent than your expectations. All these remarkable features make Spadger the best electric bike under 500$ you will ever see.

Performance & Speed

The Spadger is equipped with a powerful motor that accelerates the speed up to 15mph. Similarly, the lithium-ion battery is capable of covering 21 miles on a single charge. Its budget-friendly nature makes it the perfect choice for you.

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FAQs

What is the electric bike for money?

There are many electric bikes out there in the market. Each one has its own features. All of them are good in one way or another, but the best electric bike that is affordable and durable is the Ancheer electric bike. Ancheer is famous all around for its innovative, affordable, and efficient electric bikes.

What is the cheapest electric bike?

Many brands are producing high-quality, affordable, and amazing electric bikes, but the Ancheer and Swagcycle electric bikes are pretty much efficient. If you are not a bikes expert, go for these two brands. They will never disappoint you.

What is the best electric bike in Australia?

Different people look for different bikes as per their needs and requirements. However, the Swagcycle bikes are loved by the customer, and without any doubt, the Swagcycle is the best electric bike in Australia.

What is the best electric bike UK?

All people indeed have a different scale of what is best and what is not. It depends on the range, battery, speed, design, etc.. But the Ancheer is such a classy electric bike that suits the needs of everyone and Ancheer is the best Electric bike for  residents of the UK

Related Buyer’s Guides

• List of the best electric bikes under $1000
• List of the best electric bikes for kids