Spreading the cost
We offer 0% Finance on bikes and a number of accessories over the value of £500 through V12 Retail Finance. This allows you to get the bike you want or need now, and spread the payments across anything from 6 to 12 months, dependent upon how much you are spending and how you wish to spread the repayment amounts.
Once you have chosen your bike a Sales Assistant will fill out an Online Application with you. It’s a quick process lasting about 10 minutes and the decision is normally given immediately unless the application is referred in which case V12 will endeavour to give a decision within 10 minutes.
Upon approval, the deposit is paid, the paperwork signed and you are free to ride away.
|Bike Price (inc vat):||£750|
|Deposit Amount (10%):||£75|
|Amount of Credit:||£675|
|Interest at 0% APR:||£0|
|12 Monthly Payments of:||£56.25|
Sale bikes and other promotions
Please note that Sale Prices are not available on 0% Finance nor can 0% Finance be used in conjunction with any Cycle to Work Schemes or any other discounts or promotions.
Should you wish to purchase a Sale Bike through 0% Finance, please speak with us and we will work out a price on 0% Finance.
A minimum 10% Deposit is required; you also have the option to leave a larger deposit, this would reduce your monthly repayments
Eligibility for credit
In order to apply for credit with V12 Finance you must:
- Be at least 18 years of age and under 75 years of age
- Be either: in full time employment (i.e. 16 hours, or more, per week); or self-employed; or retired and over 50 years of age; or in receipt of an invalidity or disability allowance
- Be a UK resident
- Be able to make repayments by direct debit
- Have a debit or credit card in their name and registered to their address (you’ll need this to match the address used to complete the identity verification)
- Have a Bank or Building Society current account available (you’ll need this to complete the direct debit instruction)
- Provide your previous address if you have lived at your current address for less than 3 years
- Provide Photographic ID