It's 75€ a month. This includes repairs and insurance, so if you were to value these components (which I would have to pay separately if I bought a bike) and deduct you might be talking about 50€ a month for the net rental. It would take over three years to get past 2000€, so there are good arguments for doing just this, and postponing a purchase until the next wave of market consolidation and technology improvements is complete. But there will always be further improvements so would one ever buy?
That's a good deal and I agree with you 100% if your alternative is to buy a typical £2000 modern crank-drive bike and get it dealer serviced. It wins even further if you were to decide to get rid of the bike after a relatively short time for whatever reason, where the depreciation cost would be substantial.
For comparison purposes I will give my own bike running costs. The reason I have been able to keep the costs low is because: a) I know what I'm doing. b) I knew what I wanted. I got in this position after I spent more than £20,000 trying out every type of bike and electrical system available.
The bike cost £1100 to build starting with a used frame. I got nearly all the other cycle parts used on Ebay and the electrical parts from Chinese resellers. I've owned it for 6 years and done 6,000 miles, and I'm still very happy with it.
Since I built it, I had to buy a new chainwheel, gear cable, chain, rear cogs and a set of brake pads. All of those cost around £50 in total. Originally, I had a Xiongda 2-speed motor. After a year, I changed it to a Q128C for a bit more user-friendliness, as the Xiongda was OTT for what I needed. The change cost around £210. I could be still using the original battery, but it became saggy, so I recently replaced it for £250. Shortly after that, I have temporary health problems, so I replaced it again with a much higher capacity one for £300. Total spend over the 6 years has been £1910 for 78 months, which works out at £25.50 per month.
Considering I have to do my own maintenance, the difference from what you pay isn't a lot, though with my new battery, I should be able to go for another three years , which would bring the cost down to around £17 per month. Also, taking inflation into account, the original £1100 would now be about £1400.
Starting point:
Finishing point how it is today (uncleaned):