Bike Finance

We’ll be the first to admit that cycling is not the cheapest hobby. If you have your mind set on a new bike over £280 we can help you spread the cost with 0% finance up to 12 months and only a 10% deposit.

Finance is available on both reduced and full price bikes.

£300 bike
£22.50 per month

0% FINANCE
OVER 12 MONTHS

Available on any bike over £280
with just a 10% deposit.

Purchase price	£300
Deposit	£30
Amount of credit	£270
Monthly payments	£22.50
Total repayable	£300
Duration of agreement	12 Months
Rate of interest	0% APR representative

£1,500 bike
£112.50 per month

0% FINANCE
OVER 12 MONTHS

Available on any bike over £280
with just a 10% deposit.

Purchase price	£1,500
Deposit	£150
Amount of credit	£1,350
Monthly payments	£112.50
Total repayable	£1,500
Duration of agreement	12 Months
Rate of interest	0% APR representative

£4,500 bike
£337.50 per month

0% FINANCE
OVER 12 MONTHS

Available on any bike over £280
with just a 10% deposit.

Purchase price	£4,500
Deposit	£450
Amount of credit	£4,050
Monthly payments	£337.5
Total repayable	£4,500
Duration of agreement	12 Months
Rate of interest	0% APR representative

Who is eligible for finance?

To apply for finance you must be:

• at least 18 years old
• in, or your partner is in permanent paid employment, or self-employed or retired and receiving a pension or a working student in part time work or in receipt of disability pension
• a UK resident (for at least 3 years)

What happens if my application is declined?

If your application is declined you will have the option of choosing an alternative method of payment.

Can I have my order delivered to a different address?

Orders paid by finance can only be shipped to the same billing address as your finance application.

We cannot send your purchase to a different delivery address.

How will I know what is available for finance?

Items displaying the banner will be available on finance. Total orders under £280 are not eligible for finance.

Finance based on minimum order of £280 with 10% deposit

eg: 10% deposit (£28) & 90% finance credit (£252)

ONLINE

When viewing our main site click the ‘Finance’ button on any qualifying product page to see how you can spread the cost. A calculator will pop up and you can choose a Finance Option to see an illustration of what your deposit, monthly payments and total payment would be.

To purchase, add the item(s) to your basket as you would normally and simply choose ‘Pay with Finance’ to apply when you check out. You will then need to fill out your details so please have your account number, sort code, address details & your employment details with you. It will be submitted to our finance provider and you will get an instant update.

IN STORE

To apply in store, you will need your bank details and a chip and pin debit or credit card to pay the deposit. On occasion our finance provider may request additional proof of identity, such as a recent utility bill or driving license.

SHOP BIKES

Finance is subject to status.

Home delivery orders, paid with finance, can only be shipped to the address used in the finance application.

Customers using our Click & Collect service will be required to present 2 forms of ID when collecting orders from the Store.

One of either -
• Current UK full driving licence
• Valid Passport supported by a work/residence permit if a non EEA passport, expiring no less than 2 months after the agreement is due to end.

And one of these -
• Utility bill, credit card/bank statement dated within the last 3 months.
• Mobile phone bills are not acceptable.

We are unable to offer Finance in conjunction with Ride-to-Work, Cyclescheme & Cycle Plus purchases, gift vouchers, services & events, such as RIDE IT and FIX IT classes.

We reserve the right to withdraw finance on certain products. Details are available upon request.

Please note that stock will not be allocated until the application has been completed and the deposit has been received.

Evans Cycles Limited is a credit broker and not a lender and only offers products from Secure Trust Bank PLC, trading as V12 Retail Finance. (These products are unregulated and therefore the FCA’s DISP rulebook and the Financial Ombudsman Service do not apply).

www.evanscycles.com is a site operated by Evans Cycles Limited. Evans Cycles Limited is registered in England and Wales under company number 11577650, VAT number 307 4453 16 and its registered office is at Unit A, Brook Park East, Shirebrook, United Kingdom, NG20 8RY. Evans Cycles Limited trading name is Evans Cycles, and we sell and supply bicycles and bicycle equipment, clothing and accessories in the course of our trade and business. Evans Cycles can be contacted in writing at the address above or by e-mail here.