Electric skateboards are becoming so popular that it’s possible they will be a mainstream market soon, rather than a niche. As a beginner, you may be looking for an entry-level electric skateboard as your first board. Most people choose electric skateboards under 500 when they come to the esk8 world.
So, what's the best electric skateboard under 500? Before you ask this question, I assume you have made up your mind to buy an electric skateboard. You want an electric skateboard that worth your money, and of course under $500. You came to the right person, I will recommend the best electric skateboard for you under your budget which is definitely worth your money.

Referring to electric skateboards under $500, I'll list the current boards among main budget board brands, like Meepo, Backfire, WowGo, Ownboard, Lycaon, Possway.
Electric Skateboards Under $500
Comparison | ||||||
Model | POSSWAY T2 | BACKFIRE G2 BLACK | WOWGO 3 | Ownboard W1S | Lycaon GR | MEEPO V3 |
Board Dimension | 945mm*235mm*140mm | 970mm*230mm | 965mm*230mm*140mm | 38” | 940mm*230mm*106mm | 38″ Long I 9″ Wide I 32.5″ Wheelbase |
Board Material | 5-layer Canadian maple and 2-layer fiberglass | Canadian maple | Bamboo+Fiber Glass Deck | 2-Layers Bamboo + 6-Layers Maple | 8 ply Canadian maple | 7 layers of true Canadian maple |
Max Speed | 26mph / 42kmph | 24mph / 38kph | 39km/h | 25mph (40 km/h) | 24 mph/38 kph | 28 mph/ 45 kph |
Max Climbing Grade | 30% grade | Unknown | 25-30% | 25% ~ 30% | Up to 30% | Up to 30% |
Range | 21 miles / 34Km | 11-12.5miles | 12-14 miles (19-22.5 km) | 9.5-12 miles (15~18.5 km) | 15-20 miles (24-30 km) | 11 miles (18 km) |
Weight | 17.5lbs / 8Kg | 16.5lbs / 7.5kg | 17.2lbs/7.8kg | 17.2lbs/7.8 kg | 18.9 lbs / 8.6 kg | 16 lbs / 7.2 kg |
Max load | 330lbs / 150kg | 120Kg/265lbs | 330lbs / 150kg | 265lbs/120 kg | 220 lbs / 100 kg | 330lbs / 150kg |
Wheels | 83mm*56mm, 85 resilience,SHR82A | 83A SHRAA 96mm | 90*62mm,78A | 90*54 mm 85A | 90*54mm SHR83A | 90 mm X 60 mm 78A |
Rated Power | 480W*2 | 400w*2 | Unknown | 250W*2 | 480W*2 | 2 X 540 Watts |
Motor | Hub Motors | Hub Motors | Hub Motors | Hub Motors | Hub Motors | Hub Motors |
Battery Capacity | 280Wh | 187wh | Unknown | Unknown | 270Wh | 144Wh |
IP Rating | IP54 | Unknown | Unknown | Unknown | IP54 | Unknown |
Battery Type | 10S3P 18650 Li-ion Battery, 36V 7.8Ah | 42V, 5.2Ah | 10S2P | 18650, 10S2P, 42V, 4.0Ah | 18650 cells in 10S3P 36V 7.5Ah | Unknown |
Grip Tape | 3mm Shock Absorbing | None | None | None | None | None |
Warranty | 180 days | 180 days | 180 days | 180 days | 240 days | 180 days |

Possway T2-The best electric skateboard under 500
Fast with good range, the Possway T2 is great and powerful for all riders. It’s equipped with smart ESC software, which ensures smooth acceleration and braking. The board offers 4 different speed modes with a 21-mile range. This budget board can hit a top speed of 26 miles per hour! The total uphill grade it can handle is 30%. It also has four brake modes, B1 and B2 are smooth, B3 and B4 are stronger. One of the reasons that we recommend the Possway T2 is because it completely understands the balance of speed and range. It’s got one of the fastest top speeds on the market and a decent range.
It featured a “push to start” feature, which is a great feature that you may see only on a high-end board, this feature saves you from having to bend over to turn on the board when you want to ride it. It has 90mm 85A wheels and 45° 7’’ trucks which are actually awesome. Carving works pretty well. Another plus is the 3mm shock-absorbing grip tape. It does do a great job of weakening the natural vibrations from the road.
At only 17.5 pounds (8kg), this board is easy to carry, the deck is made out of Canadian Maple and fiberglass which is capable of handling a 300-pound ride load.

It isn’t the cheapest electric skateboard out there, but you’re getting a lot of power, and they also continue to upgrade their features without raising their prices beyond the budget range. At this price range, I can’t find another board that performs so well. I highly recommend Possway T2 as the best electric skateboard under 500.