I am curious, the price of the Tern Vektron D8 folding electric bike increased from $2,199 to $2,799 a 27% increase. This bike is an old model and appears to have no additional changes to the specs. Why has the price increased so dramatically?
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The price for the Tern Vektron D8 Folding Electric Bike has changed based on the manufacturer's pricing. If you take a look at the Tern website you will see the same price reflected there for that bike. Because there are many variables that can impact the pricing for bikes, we cannot speak to the specifics of this model. That being said, the cost of components, manufacturing, shipping, and processing, among other factors, can all have an affect on the end price of a product. Generally speaking, given the rise in popularity of cycling in the last year, the bike industry is seeing production costs increase in order to keep up with demand.
Hopefully this helps answer your question, thanks!
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