TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Getting across town can sometimes be more of a hassle with a car, but it can also be too far to walk. Whether commuting, running to the grocery store, or going to a friend’s house down the street, an electric bike can make the trip extra quick without worrying about parking or high gas prices. A compact electric bike provides a useful middle ground, providing a way to get around on wheels while keeping storage, pricing, and effort to a minimum. The 5th Wheel Folding Electric Bike offers full electric riding and pedal assist for just $250. Originally $400, shoppers can save 63% at Walmart for a limited time on a compact bike that’s easy to store and drives for miles. 5th Wheel Folding Electric Bike, $250 (was $400) at Walmart Courtesy of Walmart Shop at Walmart Why do shoppers love it? This bike features 14-inch tires and a folding frame for easy storage, making it practical for riders who need something that fits in tight spaces at work, school, or on the bus. Weighing about 48 pounds, it has a high-carbon steel frame and a removable battery, allowing you to lock your bike up outside and take the battery inside to charge while at work or sleeping. The battery takes 5 hours to charge and gets up to 30 miles of range with pedal assist or 20 miles with the throttle, which is plenty for running around town. Related: REI is selling a $2,199 allroad electric bike with tons of comfort features for 45% off It features a sturdy rear rack that can hold up to 110 pounds, while the bike itself has a max capacity of 330 pounds. The LCD display screen keeps battery power visible, and the high-brightness front and rear lights add visibility during nights and cloudy days. The bike is waterproof, allowing you to ride without worrying about checking the weather or finding somewhere to store it inside. The step-through design makes it easy to ride for all ages, and the three gears allow you to use pedal assist up to 20 miles per hour. Details to know Charging time: The bike can fully charge in as little as 5 hours. Mileage range: This electric bike offers pedal assist up to 30 miles on a full charge. Rack weight capacity: The storage rack can hold up to 110 pounds, making it great for errands or trips. “I took it on a 9-mile slope-filled spin, and it got up to 19.6 miles with me starting to pump on the brakes,” one reviewer wrote. “The pedal assist sliced through slopes with ease. It’s excellent quality, size, length, and weight.” Another shopper wrote, “I’m very pleasantly surprised at the quality of these for the price. The setup was extremely quick and simple. The kids seem to be able to ride them around town all day and not run out of battery. I’m very pleased, and have recommended them to several friends who have also purchased these.” Shop more deals 5th Wheel 500W Electric Bike, $360 (was $540) at Walmart Gweit Electric Bike with Removable Battery, $220 (was $300) at Walmart 5Th Wheel 7-Speed Electric Bike, $400 (was $599) at Walmart Whether you’re exploring town or grabbing some groceries, the 5th Wheel Folding Electric Bike has enough power and mileage to get around sufficiently. The rack can hold all your items, while the throttle does all the work. Shoppers save 63% at Walmart, getting this bike for just $250.
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