The cost of an electric skateboard can vary greatly, depending on many factors. Ideally, the average electric skateboard will cost you anywhere between $400 and $2,200. With that said, you can find some extremely cheap models that run at less than $150 and others that may set you back up to $5,000 or more!
To be sure you’re not overpaying, it’s a good idea to understand the pricing model of electric skateboards and the factors that contribute to their cost.
This way you can be certain you’re getting the best value for your money.
So, in this guide, I’ve made it really easy to get your head around what factors you should spend your money on and what things are just for show.
If this is all too much, then just head over to my best electric skateboards article where I’ve already hand-selected the eBoards that are worth spending your hard-earned money on.
- How Much Should Electric Skateboards Cost You?
- Factors That May Affect the Price of an Electric Skateboard
- How Much Should I Spend on an Electric Skateboard?
- Additional Costs After Buying an Electric Skateboard (After-sale Expenses)
- Do I Have to Pay for the Electric Skateboard in Cash?
- Will Electric Skateboard Prices Improve in the Future?
- Wrap Up
How Much Should Electric Skateboards Cost You?
The price of an electric skateboard depends on several aspects, and as a new product in the market, it’s hard to put all the options available within a solid price range.
For instance, there are some ultra budget electric skateboards that may cost you anywhere between $150 to $300.
On the other hand, there are super high end models that can cost you around $4,000 to a whopping $6,500!
However, the vast majority of electric skateboard models on the market exist within a price range of $400 to $2,200.
For that reason, the best way to estimate the cost of a skateboard is by classifying them according to price ranges like the following:
- Ultra budget electric skateboards: $150 to $299
- Standard beginner electric skateboards: $300 to $799
- Intermediate level (mid-tier) electric skateboards: $800 to $1499
- High end electric skateboards: $1500 to $2,000
- Premium skateboards: over $2,000
Meepo Shuffle S
Bioboards Plutonium 2
Factors That May Affect the Price of an Electric Skateboard
As you can see, there’s a huge variation in the price of an electric skateboard, which is bound by several factors.
In this section, we’ll take a closer look at some of them to give you a fuller picture of that price gap:
Battery Pack and Range
The battery is the beating heart of an electric skateboard and is arguably the most critical part of the unit.
Not only that, but like most electric transporters out there, such as Tesla cars, it’s the most expensive part too!
In fact, the revolutionary technology of lithium ion batteries is one of the main factors behind making electric cars, scooters, and boards possible!
The variation between battery packs used in electric skateboards has a massive impact on the price. Advanced ones that include more cells and have higher capacity will become more expensive.
For example, an electric skateboard that has a low capacity battery (150 to 200-watt hour), will offer a range of 10 to 12 miles per charge. These electric skateboards will typically cost you less than $500.
On the other hand, a high end electric skateboard with a 1,100 watt-hour battery will offer a range of 40+ miles. Such a model will cost you over $2,000.
Keep in mind that high capacity batteries are usually found in luxury units that also include high end parts and features, which is why they’re usually several times more expensive.
The motor is usually the second most valuable part after the battery, and as previously mentioned, high end batteries are usually coupled with powerful motors too.
The more powerful the motor, the faster the skateboard can go. In most cases, electric skateboards will have two motors under the board, one for each of the rear wheels, but luxury or specialised options may fit 4 motors, one for every wheel.
Besides using expensive materials like copper, the technology used while making motors also impact its price.
Motors with higher torque are usually found in all-terrain e-boards, which explains their exceptionally high price.
An average $400 to $800 electric skateboard will usually offer a dual motor of around 500 watts with top speeds of 20 to 30 mph.
On the other hand, a luxury $2,000+ e-board with a 2 x 3,500 watt motor will offer a top speed of 30+ mph and a much higher torque to climb steep surfaces.
Quality of Materials Used
In addition to batteries and motors, the deck, trucks, and wheels of the skateboard can still affect the price. For instance, the deck of an e-board is usually made of one of the following materials:
- Carbon fiber
- Epoxy resin (composite)
While wood remains the most commonly used material in most average priced electric skateboards, it’s still relatively heavy when compared to other materials.
For that reason, luxury skateboards will use these materials in manufacturing the deck to improve the deck’s speed and range, although it may cost a bit more.
Warranty and Post-Sale Services
Warranty and post-sale services and maintenance is a well established standard in many industries. It’s also one of the major aspects that you should keep in mind while buying many products.
Unlike regular skateboards, the electric skateboard has more components that are bound to malfunction and need replacement with time.
For example, most lithium ion batteries are set to sustain 300 to 1,000 charging cycles. After that, you may need a new battery pack. If you include a full warranty on an electric skateboard, it’ll include the replacement of the battery.
To establish a warranty and good support, the company also needs to hire a team of professional experts and knowledgeable customer service teams that are available around the clock.
Additionally, as a new product that hasn’t been tested for years, quality control issues are going to be more frequent, causing more losses.
Based on these examples, you can see how costly a warranty can be for a small company. Since electric skateboards that offer a decent warranty are taking a massive financial risk, they’re usually more expensive to cover these charges.
The current industry standard for warranties among e-boards ranges from 6 to 12 months.
Manufacturing Country and Shipping Costs
Depending on the manufacturing country of the skateboard, its cost will vary significantly. Companies from countries with high living standards pay higher wages, taxes, and fees, and therefore, their products are usually quite expensive.
In fact, this is one of the main reasons why electric skateboard brands from Europe and America are generally pricier than others, even if they offer similar levels of quality.
On the other hand, Asian industrial countries like China pay lower wages and taxes, which allows them to sell their products at a competitive price.
The same also applies to shipping fees, whether it’s while importing parts or shipping the manufactured skateboards. Since most e-board parts are originally made in Asia, sourcing and shipping don’t add much to the final price of the skateboard.
Level of Supply and Demand
Like all electric transporters, e-skateboards are still in their infancy stage as a market. At such a scale, manufacturers aren’t capable of expanding their supply chains to meet the niche demand.
On the flip side, the demand for electric skateboards, in general, isn’t high enough to encourage more manufacturers with better supply chains to enter the market.
For that reason, the market remains limited in options, as there are around 50 to 100 models of electric skateboards versus hundreds or even thousands of regular skateboard models.
Since most electric skateboard manufacturers are relatively small companies, they mainly focus on making high end and luxury models in order to generate profit at such a low production volume.
These profits can then help manufacturers to grow their industry and scale up their production to make e-boards at lower costs. The variation in economy scale between manufacturers is one of the main reasons why some brands are much more expensive than others.
How Much Should I Spend on an Electric Skateboard?
The answer here depends on a variety of aspects, so let’s list them out before giving you a good estimate on what you should spend:
- How frequently you’re going to use the board
- Whether you’re going to use it off-road or on paved roads only
- Your maximum budget
- Your level of skill
Ideally, if you’re a beginner who uses skateboards casually and mainly on flat surfaces, you don’t need to pay a lot of money for one. For example, you can land some excellent models with a budget of $300 to $500.
Lastly, if money is not an issue and you’re looking for a skateboard that maxes out all the features, such as top speed, terrain compatibility, comfort, and range, you should consider options like Propel X4S1 and Bioboards Plutonium 2.
WowGo 2S Max
Spare Battery Cost
A lot of electric skateboard users will end up buying an extra battery pack to extend the range of their skateboards.
Alternatively, since electric skateboard batteries will only last for 1 to 3 years, you may eventually need to buy a new one as the performance of the existing one declines.
Getting an extra battery pack is also a great strategy to extend the life span of the original battery, as you won’t need to charge it as much.
Some modular skateboard models allow you to replace the existing battery with another model that has a higher capacity in order to increase the range.
Ideally, the spare battery’s cost will depend on the type of battery used as well as its capacity. A typical lithium-ion battery can cost around $100 to $700 depending on the model of the electric skateboard.
Electricity for Charging
Charging the skateboard battery is the most recurring expense of an electric skateboard. Of course, the cost of electricity for charging will vary depending on:
- The battery’s capacity
- The efficiency of the charging process
- The rates where you live
Generally speaking, it should cost you around 5 to 20 cents in order to charge the battery fully.
Since a battery can sustain between 300 to 1,000 cycles, you should expect a battery to cost you a total of $15 to $200 throughout its time in service (around 3 years)
The costs of accessories depend on what you’re going to add versus what already exists on the eBoard, so it is mainly down to your personal preference. These accessories include:
Having a good set of lights on your electric skateboard is essential because they help you to be seen at all times of day and they help you to see when riding at low light settings.
This doesn’t just include a helmet. I’d also highly recommend you get yourself some knee and elbow pads and gloves.
Noblemantech is a very reputable brand that makes amazing protective gear.
Otherwise, here’s a curated list of protective gear I would recommend.
A popular upgrade for many eSkaters is getting a set of Cloudwheels. They’re bigger, softer and grippier wheels that make riding a lot more comfortable and you’re able to tackle more terrain types like gravel and short grass.
Maintenance and Care
Taking care of your electric skateboard will help you extend its life span significantly. Despite that, the majority of your maintenance routine will cost very little money. Here are some of the best tips to care for your electric skateboard without spending a fortune:
- Clean the non-electric parts of the skateboard with a slightly damp cloth and wipe the electrical components with a dry one after runs
- Use bearing oil to lubricate the bearings of the wheel
- Tighten all the bolts and screws on the board from time to time as they loosen up
Fixing and Replacing Damaged Parts
Lastly, not all parts of the electric skateboard will last a lifetime. Some parts are expected to break with time, and you’ll have to fix and replace them.
Here’s a quick look at some of the most commonly replaced parts within an electric skateboard and their average prices:
- Belts: $5 to $30
- Wheels: $10 to $100
- Bearings: $10 to $120
- Deck: $30 to $400
- Trucks: $30 to $100
- Motor: $50 to $300
- Controller: $30 to $150
Additional Costs After Buying an Electric Skateboard (After-sale Expenses)
Just because you’ve bought an electric skateboard, doesn’t mean that you’re not going to pay any more money.
While the upfront costs of an electric skateboard make up the vast majority of the price, there are other aspects that may add some extra costs to your investment. Let’s have a quick look at them:
Do I Have to Pay for the Electric Skateboard in Cash?
The high price of some electric skateboard models is one of the biggest limitations that prevent a lot of people from buying one. But luckily, electric skateboard makers are aware of how expensive some of their electric skateboards can be.
For that reason, a lot of them offer a variety of methods for payment over a long period of time with little to no interest to help avid skateboarders to enjoy their high end models without worrying about the upfront costs.
So the answer to this question is “not necessarily”, as you can pay for an electric skateboard over a period of 6 to 24 months when you buy from some manufacturers.
If you’re interested in an extended payment period, make sure that you check the main supplier’s website to see if it offers additional methods of payment.
Will Electric Skateboard Prices Improve in the Future?
Electric skateboards are relatively expensive because of the following reasons:
- The competition among companies is still pretty low
- Lithium ion batteries improved in prices over time but they’re still far from cheap when compared to other types of batteries
- Most manufacturers are small companies that specialize in high end options only
- The supply chain of electric skateboards is pretty limited while the demand as a niche product is relatively high
With that said, you should know that the technologies used to make these batteries are improving by the day, which allows manufacturers to make compact batteries with larger capacities for less money.
Additionally, as previously discussed, one of the main reasons why skateboards are quite pricey is that it’s a relatively new industry with small supply chains.
As the demand for electric skateboards starts to grow larger, companies will invest more in the supply chain, which can help in bringing down the average price of an electric skateboard.
Not only that, but as the market for e-boards expands, large manufacturers with established supply chains will enter the market, increasing the competition, which helps in lowering the prices.
A recent Transparency Market Research report noted that the growing trend of personal mobility and using eco-friendly electricity for transportation is here to stay, which are also key factors that can make electric skateboards cheaper in the future.
There you have it! A complete electric skateboard pricing guide that shows you everything you need to know from the average price of an electric skateboard to additional costs that you may need to pay after purchasing one.
As you can see, there are several factors that have an impact on the price of an electric skateboard. However, being a new industry and the need for high-quality materials are the main reasons why they’re still quite pricey.