tyre tracks

Finance

At Basing Cycles we are trying to make it easier to buy that new bike and are now offering 0% finance on cycles costing from as little as £300 (some models are excluded so check at the time).  Certain accessories may also be eligible. Finance is subject to approval and Terms and Conditions apply and may vary from time to time.  

 

How Does it Work?

1.  Come into the shop and select your cycle and any eligible accessories.

2.  Complete your finance application (approval normally given at the time of completion).

3.  Pay a minimum deposit of 10% (a higher deposit will reduce your payment).

4.  Pay the balance as monthly installments.

 

Typical Example:

  • Cash price (inc. delivery & VAT): £700.00
  • 10% Deposit (minimum required): £70
  • Outstanding balance: £630
  • Interest at 0% APR: £0.00
  • 12 Monthly Payments of: £52.50

 

Price Brackets

Finance at 0% is available for periods of up to 24 months depending on the amount you spend.  The price brackets and term of finance are shown below:

Spend £300-£500 and qualify for 6 months 0% APR typical finance.

Spend £501-£800 and qualify for 12 months 0% APR typical finance.

Spend £801-£1500 and qualify for 18 months 0% APR typical finance.

Spend £1501 or above and qualify for 24 months 0% APR typical finance.

Other finance options are also available and can be tailored to suit individual needs e.g. longer repayment periods with interest rates according to the amont and term of the loan.