Here at Family Cycling, we are on a mission to help families become more financially free, physically fitter and happier. We believe this stems from good financial decisions. With the rise of eBikes enabling families to cover short distances quickly and effectively, we wanted to model the economic impact of switching from a new car to an eBike or a second-hand car.
You can use our handy calculator below to see the savings you would make from switching your new financed car to a second-hand car and an ebike for short journeys. Have a toggle with your payments and see how it pans out for you.
Note: Car costs are based on typical finance arrangements with deposits and monthly payments factored in. You can edit interest rates and other assumptions below.