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Why are Citi Bikes so expensive?

By Anelisa Nokoyo

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Let's compare the average prices of Citi Bikes and Whizz Bikes to see how they stack up: Citi Bikes: Whizz Bikes: You might be interested in other questions about Bike rental Our E-bikes and Accessories

Citi Bikes can be perceived as expensive due to various factors, including operational costs, maintenance, expansion, and the lack of government subsidies. The pricing may reflect the costs associated with maintaining a large fleet of bikes, ensuring their availability and good working condition, and expanding the service to more areas. Additionally, without significant public funding or subsidies, the operational costs are primarily covered by user fees. This can lead to higher prices for customers.

Let's compare the average prices of Citi Bikes and Whizz Bikes to see how they stack up:

Citi Bikes:

  • Single Ride:
    • Price: $4.49 for 30 minutes
    • Bike unlocks: $4.49
  • Day Pass:
    • Price: $19 for the day
    • Bike unlocks: Free
  • Citi Bike Annual Membership:
    • Price: $205 per year
    • Bike unlocks: Free
  • Ebike prices*:
    • Price: $0.17 per minute
    • Ride times: 45 minutes
  • Lyft Pink Annual Membership (includes Citi Bike):
    • Price: $199 per year
    • Bike unlocks: Free
    • Ebike prices*: $0.17 per minute
    • Ride times: 45 minutes

Whizz Bikes:

  • Monthly Rental (Basic Plan):
    • Price: $159 per month ($40 per week; $5.3 per day)
    • RTO (Rent-to-Own) price: Not specified
    • Battery range: 50 miles
    • Max speed: 20-25 MPH
  • Monthly Rental (Premium Plan):
    • Price: $179 per month ($45 per week; $5.96 per day)
    • RTO (Rent-to-Own) price: $169 per month + $99 down payment ($2,028 across 12-month period)
    • Battery range: 60 miles
    • Max speed: 20-25 MPH
  • Monthly Rental (Premium Plus Plan):
    • Price: $249 per month
    • RTO (Rent-to-Own) price: Not specified
    • Battery range: 120 miles
    • Max speed: 20-25 MPH

In summary, Citi Bikes offer a range of pricing options, with single rides, day passes, and annual memberships, while Whizz Bikes provide monthly rental plans with different levels of features and pricing. The choice between the two will depend on your specific needs, such as how frequently you plan to use the bike and the distance you need to travel. Whizz Bikes, especially the Premium and Premium Plus plans, offer longer battery ranges and higher speeds, which might be suitable for more extensive or faster rides, while Citi Bikes are more geared towards shorter rides and casual users.

*Note: Citi Bike and Lyft Pink annual memberships also offer access to Ebikes, with prices at $0.17 per minute and ride times of 45 minutes.

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