Interested in using the Cycle to Work Scheme?
Cycle to Work Schemes are a great way to save even more on our wide range of new bikes and accessories. Choose a bike, hire it for an agreed length of time from your employer using pre-tax salary sacrifice meaning you pay less tax and then snap it up for a fraction of its value at the end of the period.
We work closely with and accept vouchers from the following scheme:
How does the Cycle Scheme work against sale items?
Whilst we accept vouchers from a wide range of Cycle Scheme providers, ultimately they are all middle men between your employer and eelo electric bikes and as such take a commission fee of generally 10 – 15% of the face value of your voucher. Against sale items, we have to pass that commission fee onto you. It’s important to note, eelo electric bikes doesn’t make any extra money from this, and you’ll still make a big saving using the scheme.
Schemes charging - 10% commission
Option 1: Applying for a new voucher
Your selected bike is priced £500
Cost: £500 + £20 Shipping + Commission fee of 10%
£520 x 1.11 = £577.20
£577.20 will be the figure shown on your Cycle Scheme Quote and Voucher, so that the commission is included into the agreement
The provider takes their 10% and eelo receives the everyday sale price of the bike.
When your certificate is redeemed, the provider charges 10% commission from the £570.20, reducing what we receive in payment to £519.48.
Their costs are covered and we receive our normal everyday sale price.
Option 2: You already have a voucher in hand
You have a voucher for £1000 from CycleScheme.co.uk
Less the 10% Commission when purchasing a Sale Bike this provides a credit of £900
Additional payment can be made against extra accessories
How do I place an order for my Cyclescheme bike?
Buying a bike through the CycleScheme is very straight forward.
Add the bike and any accessories you'd like to your basket and proceed through to the checkout. Select 'Collect In Store' this will allow you to place an order without having to enter any card details. Don't worry we can still dispatch the bike to you!
Continue through, entering your details, delivery address, add a note that you're using Cycle to Work and your employer's details in the comments box and then hit Place Order.
Once we have received your order, you’ll receive an automatic confirmation email showing the cash value of your order. We will then reserve the items in your order for 14-days to allow you to process your quote and receive your voucher.
Please contact us if you need a Quote for your voucher.
Your employer will then be in contact with your chosen Cycle Scheme provider to arrange the necessary deductions from your salary.
Once you have received your voucher, you will need to sign and date it and submit it back to us along with a copy of photo ID so we can dispatch your order. Generally, you’ll receive it as an e-voucher via email, download and print this out to sign it and then scan or photograph it to email as an attachment to us.
As with most sale items we have limited stock but will reserve your order for a maximum of 14 days. We cannot hold the items for longer than 14 days and are unable to accept deposits or payments in lieu.
If it takes longer than the 14 days to receive your voucher, you are able to use it against any other bicycle should your original choice go out of stock. Please contact us if this is the case..
If this is of interest to you, please don't hesitate to contact us for further details – firstname.lastname@example.org