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Author Cycle to work scheme (Nath in here please)
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
4th Nov 10 at 16:31   View User's Profile U2U Member Reply With Quote

Not for riding around the streets of Tilehurst re-living my childhood.
Nath
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Registered: 3rd Apr 02
Location: MK
User status: Offline
4th Nov 10 at 16:43   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ojc
Marin



£619

Cost me £44 a month I think, still think it's too expensive might stick with £300 Carrera for what it will get used for.


£44 is before tax and ting.
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
4th Nov 10 at 16:56   View User's Profile U2U Member Reply With Quote

So what will it cost me then breh?
Nath
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Registered: 3rd Apr 02
Location: MK
User status: Offline
4th Nov 10 at 16:58   View User's Profile U2U Member Reply With Quote

I'm not sure tbh. I used one of those online calculators, but the amount differs to my wage slip. So I assume its something to do with the tax.
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
4th Nov 10 at 17:00   View User's Profile U2U Member Reply With Quote

So if I get a bike for £600 the Gross monthly reduction is £50 a month, are you saying I'll pay less than that?
Demo
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Registered: 27th Sep 01
Location: south wales Drives: astra sri ecoflex
User status: Offline
4th Nov 10 at 17:37   View User's Profile U2U Member Reply With Quote

Mine was just shy of a grand and i'm actually 45 quid a month worse off
SnK
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Registered: 2nd Mar 09
Location: Yeadon, West Yorkshire
User status: Offline
4th Nov 10 at 17:39   View User's Profile U2U Member Reply With Quote

Do your self a massive favour, DON'T GO TO A CAR SHOP FOR BIKES! Let alone a piece of shit carrera. Help your local bike shops, family owned, the one i used to work at did great things with the cycle scheme, sold atleast 75% of our bikes on that scheme. And all bikes were high quality and set-up correctly. Unlike halfords.
gavin18787
Premium Member

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Registered: 22nd Feb 05
Location: Basildon, Essex
User status: Offline
4th Nov 10 at 19:10   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ojc
I might use it for work if it snows again, but I work 7 miles away and I'm not Lance Armstrong.


Be a man of men and do it


I do and I live 12 miles from work. Just as quick as the car and doesn't involve sitting in traffic like a mug


Drives supercharged Tec with torque
jacko198
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Registered: 1st Mar 07
Location: Buckinghamshire
User status: Offline
4th Nov 10 at 19:10   View User's Profile U2U Member Reply With Quote

I wouldnt get a carerra if i was you either to be honest. We had one in work today, i was doing a service on it and it turns out that it had no bushings on the back, and it just rubs metal on metal. Lovely.

Do you need a mountain bike anyway? What kind of riding will you be doing?

Try using the calculator on there

http://www.cyclescheme.co.uk/home,intro.htm
John
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Registered: 30th Jun 03
User status: Offline
4th Nov 10 at 19:26   View User's Profile U2U Member Reply With Quote

What sort of remedial cycles to work in the snow instead of taking the car
Gary
Premium Member

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Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
4th Nov 10 at 19:32   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by John
What sort of remedial cycles to work in the snow instead of taking the car


The sort that dosent want to get his car stuck/have some tool crash into thier car.

Can't get stuck on a bike.
Ojc
Member

Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
4th Nov 10 at 19:33   View User's Profile U2U Member Reply With Quote

I have my Aprilia SR125 for commuting
gez bay
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Registered: 14th Feb 08
Location: South Wales drives: Vxr
User status: Offline
4th Nov 10 at 19:53   View User's Profile U2U Member Reply With Quote

why dont you look on ebay for a second hand bike?
Some on there are basically new and you pick them up for half the price.
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
4th Nov 10 at 19:56   View User's Profile U2U Member Reply With Quote

Because I barely have to pay for this one.
A2H GO
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Registered: 14th Sep 04
Location: Stoke
User status: Offline
4th Nov 10 at 20:02   View User's Profile U2U Member Reply With Quote

So this is basically a push bike on a 0% PCP package? You pay monthly for a year with no interest and then buy it for what its worth at the end of the year?

My work do it but never looked into it, didn't seem very appealing, for me to bike to work i'd want them paying me £30 a month.
jacko198
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Registered: 1st Mar 07
Location: Buckinghamshire
User status: Offline
4th Nov 10 at 20:04   View User's Profile U2U Member Reply With Quote

You pay monthly out of your wage. But you dont have to pay tax or NI or VAT etc so you save around 40%

The way they do it, is that you are leasing the bike off them for a period. So for you to own it, you have to pay a small fee £15 to "buy" it off them
mwg
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Registered: 19th Feb 04
Location: South Lakes
User status: Offline
4th Nov 10 at 20:04   View User's Profile U2U Member Reply With Quote

It's better than that. You actually end up getting 30-40% off...
A2H GO
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Registered: 14th Sep 04
Location: Stoke
User status: Offline
4th Nov 10 at 20:17   View User's Profile U2U Member Reply With Quote

Really...can you buy any bike...since my younger days i've always wanted a Kona Stinky Deluxe
Chris
Premium Member

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Registered: 21st Sep 99
User status: Offline
4th Nov 10 at 20:19   View Garage View User's Profile U2U Member Reply With Quote

The goverment have moved the goal posts, so the final value fee from 1st october is a lot higher.

I picked up an 09 model, total saving is 50% on last years RRP.

but bike shop want the 10% up front to cover there loss taken by cyclescheme.

Cyclescheme was the biggest growing company last year with a turnover of 60million.
Chris
Premium Member

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Registered: 21st Sep 99
User status: Offline
4th Nov 10 at 20:27   View Garage View User's Profile U2U Member Reply With Quote

http://www.fasttrack.co.uk/fasttrack/leagues/dbDetails.asp?siteID=1&compID=2754&yr=2009

Sales growth
347.91% pa
2009 sales £22.7m
2006 sales *£0.3m
2009 staff 27
Founded 2005
Location of HQ Bath

from the site;

The company says it runs Cycle to Work schemes for 8,500 employers throughout Britain, including blue-chip firms and government agencies. Its clients include Coca-Cola, the BBC, and a third of the country’s police forces and councils. It has dealt with the purchase of more than 100,000 bikes so far. Rolls-Royce, a new customer, purchased 1,700 bicycles for its staff in one month, at an average cost of £700.
Gary
Premium Member

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Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
4th Nov 10 at 20:32   View Garage View User's Profile U2U Member Reply With Quote

Wish I'd thought of that!
mwg
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Registered: 19th Feb 04
Location: South Lakes
User status: Offline
4th Nov 10 at 20:36   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by A2H GO
Really...can you buy any bike...since my younger days i've always wanted a Kona Stinky Deluxe


Don't know about your company but I know with my company we have no limit...
A2H GO
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Registered: 14th Sep 04
Location: Stoke
User status: Offline
4th Nov 10 at 20:39   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by mwg
quote:
Originally posted by A2H GO
Really...can you buy any bike...since my younger days i've always wanted a Kona Stinky Deluxe


Don't know about your company but I know with my company we have no limit...


Roughly how much would a bike worth £900 be a month and what would i pay after 12 month to own it?
mwg
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Registered: 19th Feb 04
Location: South Lakes
User status: Offline
4th Nov 10 at 20:41   View User's Profile U2U Member Reply With Quote

I spent basically a grand on my road bike and I think it cost me something like £50-£55 a month over 12 months. So I ended up paying about £600 for £1000 worth of bike.

Not sure about the final payment to own it. My work don't enforce that bit.
gavin18787
Premium Member

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Registered: 22nd Feb 05
Location: Basildon, Essex
User status: Offline
4th Nov 10 at 20:52   View Garage View User's Profile U2U Member Reply With Quote

I want a road bike and am tempted to sort something with cycle to work. But I already have 5k worth of push bikes


Drives supercharged Tec with torque

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