Finance

Spreading the cost

We offer Finance on bikes and a number of accessories over the value of £500 through V12 Retail Finance. This allows you to get the bike you want or need now, and spread the payments across anything from 6 to 48 months, dependent upon how much you are spending and how you wish to spread the repayment amounts.

Application process

Once you have chosen your bike a Sales Assistant will fill out an Online Application with you. It’s a quick process lasting about 10 minutes and the decision is normally given immediately unless the application is referred in which case V12 will endeavour to give a decision within 10 minutes.
Upon approval, the deposit is paid, the paperwork signed and you are free to ride away.

Example

Sale bikes and other promotions

Please note that Sale Prices are not available on 0% Finance nor can 0% Finance be used in conjunction with any Cycle to Work Schemes or any other discounts or promotions.

Should you wish to purchase a Sale Bike through 0% Finance, please speak with us and we will work out a price on 0% Finance.

Deposit

A minimum 10% Deposit is required; you also have the option to leave a larger deposit, this would reduce your monthly repayments

Eligibility for credit

In order to apply for credit with V12 Finance you must:

· Be at least 18 years of age and under 75 years of age

· Be either: in full time employment (i.e. 16 hours, or more, per week); or self-employed; or retired and over 50 years of age; or in receipt of an invalidity or disability allowance

· Be a UK resident

· Be able to make repayments by direct debit

· Have a debit or credit card in their name and registered to their address (you’ll need this to match the address used to complete the identity verification)

· Have a Bank or Building Society current account available (you’ll need this to complete the direct debit instruction)

· Provide your previous address if you have lived at your current address for less than 3 years

· Provide Photographic ID