200-202 BANBURY ROAD
OXFORD OX2 7BY
9am - 5.30pm, Monday to Saturday
10.30am - 4pm, Sunday

01865 316885

Finance

v12

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.

Application process

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.

Example

Bike Price (inc vat): £750
Deposit Amount (10%): £75
Amount of Credit: £675
Interest at 0% APR: £0
12 Monthly Payments of: £56.25

Finance Calculator

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.

Deposit

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