Home > Help:
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 |
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)
If your application is declined you will have the option of choosing an alternative method of payment.
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.
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.
Finance is subject to status.
Home delivery orders, paid with finance, can only be shipped to the address used in the finance application.
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.