In just a few years, electric bikes have invaded our streets, as they appeal with their comfort and ecological character. However, their purchase price can be a barrier for many consumers, despite the existence of subsidies for electric bikes. Fortunately, simple and effective financing solutions exist: the electric bike to be paid in installments. At Weebot, we apply this payment method to make this investment accessible to everyone, without having to disrupt their budget.
The electric bike market in France: an unbeatable growth in 2025
In France, the enthusiasm for electric bikes is not waning and continues to gain ground. In 2024, sales recorded strong growth once again, and the forecasts for 2025 remain just as promising. If you are still hesitating to take the plunge, here are some figures that might just convince you.
A constant increase in sales in 2024
In 2024, the electric bike market recorded another notable increase, with a rise of nearly 20% compared to the previous year. This momentum reflects the growing enthusiasm of the French for this ecological and practical means of transport. Whether for daily commutes in the city or for leisure activities, more and more city dwellers are choosing electric bikes, attracted by their numerous advantages. Among the most popular electric bikes at the moment, we find the Garrett Miller. These are design electric bikes, robust and comfortable as desired.
The forecasts for 2025: encouraging prospects
The forecasts for 2025 also remain very positive. Experts expect this trend to continue, with sales still on the rise. The electric bike is gradually becoming a preferred choice for many French people, supported by ecological initiatives and government subsidies that make this investment even more attractive. Buying an electric bike today is therefore positioning oneself in a fundamental trend, both practical and in line with market developments.
What options are there to pay for an electric bike in installments?
Today, the solutions to pay for the purchase of an electric bike in installments are numerous. Between interest-free staggered payments, bike loans, or financing platforms, consumers have a wide range of choices to facilitate their purchase. Let's explore together the specifics of each solution.
Installment payment without fees
The interest-free installment payment is an ideal solution to facilitate the acquisition of an electric bike, without straining your budget. This method of payment in several installments, also called "BNPL Solution" (Buy Now Pay Later), allows buyers to pay for their purchases in several identical monthly payments.
Instalment payment can take several forms. On one hand, it can be in 2, 3, or 4 times where no document or proof will be necessary. You will simply need to present a valid bank card. In this case, it is called "split payment." On the other hand, it can be in 10, 12, 24 times or more. If the repayment period exceeds three months, the payment method will then be governed by consumer credit regulations.
If you choose to pay in installments over 10 or 12 times, the lender is required to provide you with a pre-contractual information sheet. This document specifies the amount and due dates of the loan as well as its interest rate, the APR. Then, upon signing the credit offer, you have a withdrawal period of 14 days.
Bike credit
If you wish to spread your payments over a longer period, bike credit seems to be an excellent alternative. At CIC, for example, you have the option to take out bike credit to finance the purchase of your vehicle, whether it is new or used. The amount can go up to €6,000 and allows you to finance up to 4 electric bikes.
By opting for this solution, you benefit from advantageous monthly payments while enjoying a beautiful electric bike. The bike loan is primarily aimed at buyers looking to finance their purchase in a calm and progressive manner, ensuring that they do not compromise their budget.
Finance your electric bike through a credit platform.
As we have seen, financing the purchase of an electric bike represents a significant expense that few people can afford. One of the most popular methods is to use a credit platform. On Weebot, the integration of Younited Pay allows customers to pay for their purchase in installments. With Younited Pay, you can take out a loan ranging from €1,000 to €50,000, repayable over a period of 6 to 84 months.
The eligibility conditions for payment in installments
To benefit from either of the financing solutions mentioned above, you must meet the following eligibility conditions. These conditions have been established to ensure the seller's security and to allow you to ensure the payment of your monthly installments.
The eligibility criteria for multiple payments
Before taking advantage of the installment payment solutions, you must necessarily meet a few basic conditions. First of all, you must be of legal age, meaning you must be at least 18 years old. Next, you must have a valid bank card, but be careful, not all cards are accepted. Some restrictions may apply, particularly regarding prepaid and foreign cards.
Compliance with these eligibility criteria ensures the security of payment and sellers while allowing buyers to benefit from a flexible solution that respects their initial budget.
Solvency: an important criterion
In the process of validating a payment in installments, income plays a crucial role. The Reference Tax Income (RFR), used to assess creditworthiness, is an important indicator for certain solutions. Younited Pay, for example, will rely on this criterion to ensure that you have the necessary means to meet your monthly payments.
In certain cases, particularly for people with disabilities, specific adjustments may be applied.
How to choose your payment option?
Making the right choice will not only allow you to find good financing for your electric bike, but also to better manage your budget to avoid discrepancies in your mandatory expenses. To compare the offers, you will rely on different elements, and above all, take the time to properly plan your budget in advance.
Compare the available options
Before taking out a loan to finance your electric bike, consider comparing the different offers available. This will allow you to identify the most advantageous one and reduce your monthly payments. The annual percentage rates (APR) are a good indicator to assess the actual cost of financing. Take the time to read the general conditions to avoid hidden fees that could increase the total cost of your purchase.
Plan your budget in advance
To finance the purchase of an electric bike in installments and with complete peace of mind, you must first check your financial capabilities. Determine a monthly amount that you can allocate to your repayments, without compromising your mandatory expenses. To assist you, you can always take advantage of state aid, such as the Bike Bonus or the conversion premium, which have been extended until 2027 and can significantly reduce the final cost of the purchase.
Public aid: a boost for the purchase of your electric bike
Today, buying an electric bike is even more appealing thanks to public subsidies that significantly reduce the cost. These measures are designed to encourage the use of eco-friendly modes of transport, and the financing conditions have never been more attractive.
The ecological bonus: Up to €300 in aid to reduce costs
The ecological bonus now allows individuals to benefit from assistance of up to €300 for the purchase of a new electric bike. This financial boost makes the investment even more accessible, especially for those who are hesitant to take the plunge. In addition to this direct advantage, conversion bonuses also support those who wish to exchange their polluting car for a greener vehicle, such as an electric bike. This further reduces the cost of your future bike.
Request your grant before purchasing
At Weebot, we recommend our dear customers to apply for the state grant before purchasing an electric bike. By doing so, you can benefit from assistance directly on the price of your bike and immediately reduce what you have to finance. It’s a simple way to optimize your budget and make your electric bike even more affordable.
Extended aid until 2027
The good news doesn't stop there: these aids have been extended until 2027, which gives you some peace of mind. You can therefore plan the purchase of your electric bike with complete serenity, while enjoying financial support over several years. An additional argument for choosing an electric bike, both ecological and economical, with the valuable help of the State.
Safety and insurance: Protect your electric bike
With the rise of electric bikes, safety is becoming an increasingly important issue. Theft, damage, or accidents can quickly jeopardize your investment. Fortunately, there are solutions to protect your bike and ride with peace of mind.
Special insurance for electric bikes: enhanced security
Some insurance companies now offer special plans for electric bikes. These insurances cover not only the theft of your bike but also damages caused in the event of an accident or fall, as well as mechanical breakdowns.
These contracts may also include liability protection, thus guaranteeing you against any damages you may cause to others. For users of electric bikes, taking out such insurance becomes almost essential in order to secure their investment and focus on the road without worry.
Accessible and practical solutions
Electric bike insurance is not just for high-end users: there are solutions suitable for all budgets. Depending on the value of your bike and your needs, you can find coverage that works for you, while enjoying reasonable premiums. In case of a mishap, good insurance can help you quickly recover your bike or finance its repair, ensuring you lasting peace of mind.
FAQ
Can we combine installment payments with government assistance?
Yes, you can benefit from aids such as the ecological bonus or the conversion premium while opting for a payment in installments. These aids are generally applied immediately at the time of purchase, thus reducing the total amount you will need to finance through the staggered payment.
Are there risks in choosing a staggered payment for an electric bike?
The main risk lies in managing your budget. If you forget a payment or encounter financial difficulties, this could lead to additional fees or penalties. It is important to carefully plan your monthly payments and only opt for an installment payment if you are sure you can meet them without difficulty.
What to do if I want to repay faster than expected?
Some installment payment solutions offer an early repayment option, at no additional cost. Check the terms of your contract to see if you can repay all or part of the amount before the due date, thus reducing your monthly payments.
Is payment in installments available for all electric bikes?
It depends on the stores and the models. Some brands or retailers may restrict the installment payment option to specific models or a certain purchase amount. Inquire about the terms offered by each seller before proceeding with the purchase.
Conclusion
Make your choice between interest-free installment payment, bike credit, or financing platform, the options are diverse and varied to finance the purchase of your electric bike. Each solution offers its own set of advantages and will do its best to adapt to your needs and budget. At Weebot, we provide you with different ways to pay for your purchase in installments, to ensure a smooth and reassuring user experience. Visit our shop and treat yourself from our catalog of electric bikes.