You should only consider financing and leasing your new electric bike, scooter, if you are confident in your ability to pay off the full amount of the purchase within 1 year. Otherwise, you will begin to incur financing charge on your outstanding balance, which can add up quickly. Shop Pay, Katapult, Zip, Afterpay, PayTomorrow all run a credit check during the application process. Decide which is the right one for your needs and current financial situation.
Five Financing and Lease Options and the Difference Between Them
eBikeJOY! offers 5 options for financing and leasing. Here are the five and the major differences between them. Click on the link below for more detailed information on each option.
It's simple. Select whichever pay over time or lease-to-own option you would like to apply with at the payment section during checkout.
Compare the Six Financing Options
Use this quick guide to see which type of payment option may fit your purchase. Select an option below to review its dedicated page.
| Provider |
Payment type |
Quick guide |
| Shop Pay Installments |
Installments |
Split eligible purchases into installments. |
| Katapult |
Lease-to-own |
Lease-to-own option with no traditional credit check required. |
| Zip |
Installments |
Pay in four installments when available. |
| Afterpay |
Installments |
Four interest-free installments when available. |
| PayTomorrow |
Financing |
Personalized monthly payment options when available. |
Important: Approval, available terms, rates, fees, payment schedules, and availability vary by provider, applicant, product, and state. Financing and lease-to-own options are subject to provider approval and eligibility, and may not be available for every order. Review the provider's full agreement and disclosures before accepting an offer.
Shop Pay Installments - Pay in installments
(CLICK HERE for more information)
Katapult - Lease-to-own financing(CLICK HERE for more information)
