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 Post subject: Bike to work
PostPosted: Thu Oct 18, 2012 2:38 pm 
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Posts: 1330
Location: braintree , and leytonstone
Bike to work scheme!

i just got an email from my employers supplier saying that although the deadline for ordering bikes has now passed im still able to order anything from the website and get 17% discount for the rest of the term!
might be worth checking with your scheme suppliers to see if this is the case for everyone!
17% off is better than nothing me thinks!
also they have some very high end bikes available so not to be sniffed st!
www.wheelies.co.uk

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 Post subject: Re: bike to work
PostPosted: Tue Oct 23, 2012 7:12 pm 
Posts: 5
Location: Belfast, Northern Ireland
Do people still do Bike To Work schemes?
I bought my bike through a scheme a few years ago and found that I wasn't getting the savings predicted in the sales pitch. I think you can negotiate a better deal in store at your LBS although if you haven't the cash up front then 12 months interest free is the only selling point...in my honest opinion .


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 Post subject: Re: bike to work
PostPosted: Tue Oct 23, 2012 7:15 pm 
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Posts: 1330
Location: braintree , and leytonstone
Im paying £550 for rockhopper expert thus saving £250 !

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 Post subject: Re: bike to work
PostPosted: Tue Oct 23, 2012 7:32 pm 
Posts: 5
Location: Belfast, Northern Ireland
Dang I bought a Spec FSR and paid about £900 in the end. Frustrating as most articles claim a ~45% saving :(


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 Post subject: Re: bike to work
PostPosted: Tue Oct 23, 2012 7:42 pm 
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Posts: 1330
Location: braintree , and leytonstone
Yep i work for the government so get big old discount!

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 Post subject: Re: bike to work
PostPosted: Wed Oct 24, 2012 6:37 am 
Posts: 148
Location: harlow
Surely there's no "discount" what's happening is because they take money from your wages to pay for the bike before tax your just paying less tax and Ni for the duration. Thus saving a certain percentage.....


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 Post subject: Re: bike to work
PostPosted: Wed Oct 24, 2012 7:04 am 
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Posts: 2082
Location: Southend
Yep, its basically an interest free loan before tax

Sent using the force...

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 Post subject: Re: bike to work
PostPosted: Wed Oct 24, 2012 7:36 am 
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Posts: 1330
Location: braintree , and leytonstone
Yep but out of my pocket £550
we get a discount because there is 5000 of us!

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 Post subject: Re: bike to work
PostPosted: Wed Oct 24, 2012 7:37 am 
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Posts: 1330
Location: braintree , and leytonstone
Thats why they still offer 17%

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 Post subject: Re: bike to work
PostPosted: Wed Oct 24, 2012 9:00 am 
Posts: 148
Location: harlow
Ohh i see was gonna say im suprised they offer such a discount because they have to pay the scheme 10% of every sale aswell.


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 Post subject: Re: bike to work
PostPosted: Wed Oct 24, 2012 9:07 am 
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Posts: 1330
Location: braintree , and leytonstone
Unlike other schemes we only make one final payment that is exactly the same as the 28 previous and then the bike is yours to sell.
i think on some others you have to make a larger payment at the end!
either way i got a bike to mess about on and all i have to get is 1 hour overtime a month to cover it!

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 Post subject: Re: bike to work
PostPosted: Wed Oct 24, 2012 9:32 am 
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Posts: 2082
Location: Southend
My work (the government) don't do the C2W scheme as it was used by many as a tax dodge LOL but they do give us up to £1000 to put toward a bike and its interest free before tax etc.

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 Post subject: Re: bike to work
PostPosted: Wed Oct 24, 2012 11:40 am 
Posts: 5
Location: Belfast, Northern Ireland
Yeah mine worked out ~£65x12mths and then i had to pay a final fee of ~£200. hardly worth it for me.

...although as i type this i realise thats £65 before tax and NI


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 Post subject: Re: bike to work
PostPosted: Wed Oct 24, 2012 11:56 am 
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Posts: 1330
Location: braintree , and leytonstone
Think we only got it this year bcoz of olympics they were worried we wouldn't be able to get to work by car!

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 Post subject: Bike to work
PostPosted: Wed Oct 24, 2012 1:06 pm 
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Posts: 2755
Location: Riding my bike somewhere
This scheme has kept me in bikes for the last 4 years :-) :-) each one I have not paid over the odds for and sold on only two of them at no loss to me.

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