By Motorbike And Scooter
It is also possible to hire a scooter or a motorbike in Lakeside from Rs 550+ a day - cheaper in Off-Season. You will have to buy petrol yourself Rs 120 per litre. It is not possible to reach Sarangkot or the World Peace Pagoda with automatic motorbike or scooter due to the steep uphill road Though a good scooter will get you very close. Get a manual gear bike if you intend to travel to those places.
By bike
It is possible to hire a bicycle in a lot of shops in Lakeside for a small price Rs 100-200 a day. If you are hiring a bicycle make sure the seat is not too hard. Also, try realigning the seat if it is set uphill way, instead of sloping down. Besides the Lake area, you can go for a bike ride down to the airport way, on the way to the Tibetan settlement where there is a nice little monastery, a school, and refugee jewellery and craft stalls. Be prepared to ride all the way uphill on the return trip to Lake area and it is wise to take a rest halfway if you want to avoid suffering from cramps and weariness the following day, from the long ride.