Top Electric Bike for Under 500 on Amazon

Electric Bike for Under 500
Electric Bike for Under 500

If you stay on my page, I know that you are looking for a budget-friendly electric bike for under 500 USD only. Though it is rare to find an e-bike in the segment of under $500, there are some models still available for your need.

 I am going to suggest to you some reliable brands that I have known for years. So you can purchase with peace of mind.

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Electric Bikes  Under $1000

Swagcycle pro-pedal-free electric scooter bike – Swagtron

This is the first electric bike for under 500 Allstealdeals wants to recommend it.

Electric Bike for Under 500 Swagcycle Pro
Electric Bike for Under 500-Swagcycle Pro

The Swagcycle Pro is the ultimate vehicle. With a strong folding frame that supports up to 264 pounds and 12-inch front and 10-inch rear pneumatic tires, this bike offers a smooth ride for all riders. Not only is the Pro zero emissions, but it’s also pedal-free. Sit back and be prepared to smile for miles.

There is enough power in the Swagcycle Pro eBike to explore your city, get to work, and get on a train. Just put your feet on the integrated foot pegs, then let the cycle do the work. The handlebar indicator makes it simple to monitor battery life while you’re riding.

The manufacturer recommends downloading the app, then linking your Swagcycle to it to access the complete list of features. You can track your speed, log your trip duration, and more using this app. The Pro battery also has a concealed compartment for wire management.

Among lots of bikes under 500, this is an ideal model you want to get. The price is $449,99 only.


Swagtron Eb5 Lightweight, Aluminum Folding E-Bike

EB5 is tougher than any city block, with long stretches of campus, and commutes.

Electric Bike for Under 500 Swagtron Eb5
Best Electric Bike for Under 500-Swagtron Eb5

Combining electric power and pedaling, the EB5 is the modern commuter’s dream. It has a range of 15.5 miles and a speed of 15.5 miles per hour. Therefore, you can get to work early in the morning and head to the city’s newest hotspots in the evening.

The EB5 not only provides a boost but acts like a traditional pedal bike when you want to move. Pedaling range and top speed is not limited by motor or battery life.

The model is on a sale-off program, and you can buy it for $479. However, only black color is available. If you like it, don’t hesitate to check out at Swagtron now before the price goes up again.


ANCHEER Mini-Size 12 Inch Wheel 350W Folding Electric Bike

This e-bike folds up easily and takes up less space in storage. It is simple to carry with one hand and only weighs 26.5 lbs. It is equipped with a light frame and strong pressure resistance.


With this e-bike, you can move easier thanks to the 350-watt high-speed motor, which has a top speed of 25 km/h. It is powered by a 36V 6Ah battery with a range of 25 km.

His folding bike has a Bluetooth system “via Android 4.3/IOS 8”. App speed adjustment; engine lock (original password 123456); mileage and time tracking; electric bike self-test. There is also cruise control to reach a certain speed.  and you don’t have to constantly twist the gas.

The design is like a shape of a dolphin, which is super cute and smart.  No worry on wet days, thanks to the PX5 Waterproof range. Additionally, it uses a double-layer aluminum alloy wheel and an inventive aluminum alloy frame. It boasts a 350W strong engine, and battery charging takes just three hours.

ANCHEER Mini-Size has a price of $469,99 only.


Wrapping up

It’s really hard to find an electric bike for under 500 only. Above are three models that you can refer to. I highly recommend following Swagtron because the brand is popular, reliable, and offers some cheap electric bikes. Some models are just under $400. However, cheap-priced e-bikes under 500 is regularly easily out of stock. Therefore, be quick to hunt for one now.

Don’t forget to visit All Steal Deals more often for updates on the next models of the cheap electric bike under 500

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