If you’ve been waiting for an excuse to try a premium German-made mid-drive e-bike without paying premium German-made prices, Ride1Up may have just handed you one.

The San Diego, California-based company has dropped the price of its Prodigy V2 to just $1,595, marking the lowest price we’ve seen yet on the bike and shaving nearly $1,000 off its usual $2,495 MSRP.

That’s a pretty remarkable figure considering the Prodigy V2 is built around a German-engineered Brose mid-drive motor, a drivetrain that normally appears on e-bikes costing significantly more.

In fact, at $1,595, this may be one of the most affordable German mid-drive e-bikes currently available anywhere in the world.

Ride1Up has built much of its reputation around finding ways to deliver higher-end components at prices that undercut the pricier premium competition, and the Prodigy V2 is perhaps one of the company’s best examples of that strategy.