Why does the lease cost more than buying the ebike?
The lease package contains much more than just the ebike. To make a fair comparison between leasing and buying outright, one would also need to consider all the other inclusions of the lease package like the cost of insurance, servicing labour and parts, and the cost of any emergency repairs. The online calculator takes into account all these items and calculates the money you can save by leasing compared to buying the same package outright.