RadRunner Electric Bike

Created 4 months ago
New Calculation
Monthly Recurring Expenses

$7.45 /mo

Your actual monthly expenses

Total Cost of Ownership

$1,746.00 /mo

Over 60 months

Average Monthly Cost

$29.10 /mo

Total cost spread over lifespan

Cost Breakdown

Cost Distribution
Initial Purchase

$1,299.00

74.4% of total

Recurring Costs

$447.00

25.6% of total

Detailed Costs

yearly Costs

Maintenance

$75.00

$75.00

$6.25/mo

monthly Costs

Electricity

8.00 kWh × $0.1500/kWh

$1.20

$1.20/mo

Financial Analysis

Monthly Payment

$24.51

Based on selected APR

Total Interest

$171.82

Over 60 months

Total Financed

$1,470.82

Including interest

Depreciation

Monthly

$21.65

Resale Value

$129.90

Total Value Lost

$1,169.10

After 60 months