EV Bike Financing vs Petrol Bike Ownership: 5-Year Comparison

Thinking about buying a bike but unsure whether to go electric or stick with petrol? You’re not alone. With fuel prices constantly rising and maintenance costs eating into monthly budgets, more and more Pakistanis—especially in urban areas—are considering electric bikes as a cost-effective alternative.

The shift toward EV bikes isn’t just a trend; it’s a practical response to the challenges of daily commuting. And with Shariah-compliant EV bike financing now available through partners like Asaan Ghar, getting on the road has never been easier—or more affordable.

But what’s the real cost difference? Over a 5-year period, how does financing an EV bike compare to owning a petrol bike in Pakistan? Are the savings actually significant, or is it just hype?

This blog breaks it all down. We’ll compare purchase costs, monthly fuel vs. charging bills, maintenance expenses, and long-term savings to help you make the smarter decision.

If you’re ready to explore the real-world economics of two-wheeler ownership, keep reading. The difference might surprise you.

Initial Cost Breakdown

When comparing EV bike financing to purchasing a petrol bike, the upfront cost is often the biggest consideration. Let’s break it down:

EV Bike – ALFA 125 (Asaan Ghar Financing)

Retail Price: PKR 300,000
Down Payment (20%): PKR 60,000
Financed Amount: PKR 240,000
Takaful (Islamic Insurance): Included for up to 3 years
Monthly Installments: Varies between PKR 7,000 to 10,500 depending on tenure (6–36 months)
Hidden Fees: None—transparent, Shariah-compliant structure
Delivery Time: 10–12 working days

Petrol Bike – 125cc Branded Model

Retail Price: PKR 185,000–210,000 (without financing)
Down Payment: Full amount typically required upfront
Registration & Insurance: Additional PKR 15,000–20,000
No Financing Options: Most petrol bikes are bought outright

While the petrol bike may seem cheaper upfront, EV bike financing with Asaan Ghar makes the ALFA 125 accessible with easy monthly payments and additional coverage benefits. The ability to spread costs over time—without interest—makes the EV option more affordable for budget-conscious commuters.

Monthly Fuel & Charging Costs

Fuel and energy costs are where EV bikes truly outperform petrol bikes over time.

Petrol Bike (125cc Average)

Fuel Efficiency: ~40 km/litre
Average Distance/Month: 1,200 km
Petrol Needed: 30 litres/month
Petrol Cost: ~PKR 275/litre (as of 2025)
Monthly Fuel Expense: PKR 8,250

Over 5 years, that’s PKR 495,000 spent just on petrol—excluding maintenance.

EV Bike – ALFA 125

Battery Range: ~100 km per full charge
Charging Cost/Full Charge: ~PKR 40
Charges Needed/Month: ~12
Monthly Charging Cost: PKR 480
5-Year Energy Cost: ~PKR 28,800

That’s a difference of over PKR 466,000 in energy costs alone over five years.

Bonus: Cost Per km

Petrol Bike: ~PKR 6.8/km
EV Bike: ~PKR 0.4/km

By switching to an EV bike, riders can reduce their daily commuting cost by nearly 90%, making a massive impact on overall affordability—especially for students, delivery riders, and salaried individuals looking to stretch every rupee.

Maintenance & Service Comparison

One of the biggest advantages of owning an electric bike over a petrol bike is the significantly lower maintenance cost.

Petrol Bike Maintenance

Regular Oil Changes: Every 1,000–1,500 km (PKR 500–700 each)
Engine Tune-ups: Every 3–4 months (PKR 1,000+)
Clutch, Chain, Spark Plugs, Filters: Wear and tear is frequent due to combustion engine
Annual Estimate: ~PKR 18,000–24,000

5-Year Maintenance Cost: ~PKR 100,000–120,000

EV Bike Maintenance (ALFA 125)

No Engine Oil, No Spark Plugs, No Clutch: Fewer moving parts
Battery & Motor Checkups: Minimal and infrequent
Tyre and Brake Maintenance Only

Annual Estimate: ~PKR 4,000–6,000
5-Year Maintenance Cost: ~PKR 20,000–30,000

That’s a savings of PKR 70,000–100,000 over five years.

Long-Term Reliability

With fewer parts to service, EV bikes offer less downtime, fewer mechanic visits, and a hassle-free ride—perfect for high-usage riders like students, office workers, and delivery professionals.

Total 5-Year Cost Comparison

Let’s break down the full 5-year cost of owning an EV bike like the ALFA 125 versus a conventional petrol bike in Pakistan.

EV Bike (ALFA 125 – PKR 300,000)

Upfront Cost: PKR 60,000 (20% down payment via financing)
Installments: PKR 8,000/month x 36 months = PKR 288,000
Electricity Cost: PKR 1.5/unit x 3 units/charge x 25 charges/month x 60 months = ~PKR 6,750
Maintenance: ~PKR 25,000 over 5 years

Total 5-Year Cost: ~PKR 319,750

Petrol Bike (Similar specs – PKR 180,000)

Upfront Cost: PKR 180,000
Fuel Cost: PKR 280/litre x 30 litres/month x 60 months = PKR 504,000
Maintenance: ~PKR 100,000 over 5 years
Total 5-Year Cost: ~PKR 784,000

Total Savings with EV: ~PKR 464,000

Even with financing, an electric bike like the ALFA 125 is drastically more economical in the long run—making it a smarter, budget-friendly option.

Conclusion

Over five years, the difference between owning an EV bike and a petrol bike in Pakistan isn’t just environmental—it’s financial. As our comparison shows, choosing a model like the ALFA 125 through affordable financing can save you over PKR 450,000 in total costs.

With no fuel dependency, minimal maintenance, and flexible payment options, EV bike financing is transforming daily commuting for students, delivery riders, and cost-conscious families alike.

And it’s not just about savings—EV bikes also support a cleaner, quieter, and more sustainable urban lifestyle. With Asaan Ghar’s Shariah-compliant financing, you don’t have to compromise your values or your budget.

Ready to start saving?

Use our EV Bike Finance Calculator to explore your monthly payments and apply for financing that fits your income. Choose smart. Choose sustainable. Choose an electric future with Asaan Ghar.