Am I crazy or is 1400$ really cheap for an electric cargo bike?

I actually got this bike recently! I really like it. I use it to commute to work and run errands. I spent $1800 for the dual-battery version during a sale.

My biggest gripe is that the company claims that it's for riders 4'11" to >6'. Unless you have disproportionately long legs, no one under 5' is gonna fit on this thing even at the lowest seat height.

I've used the original Lectric XPedition for a few years. It's a great bike for suburbs when it works correctly, although I'm nervous about its longevity, but it is one of the least expensive cargo ebike out there and it's not DRMed to shit