Electric Bike Finance

Electric Bike Finance

Electric bike finance is a simple and effective way to purchase an electric bike. At OnBike, we recognise that not everyone can, or wants to, make their purchase in a single transaction. To help customers, we have introduced some simple options through V12 Retail Finance that takes only minutes to arrange.
fca

onbike is officially approved and recognised by the fca to offer finance

simple to arrange either instore or over the phone

Electric Bike Finance Available at 0% Over 12, 18 or 24 Months – INTEREST FREE!

Yes – INTEREST FREE over 12,18 or 24 months! It’s easy to budget for as you know exactly what every payment will be each month. Simply pay a set deposit as described below, and then budget for a monthly payment with ZERO interest to pay! Totally flexible, YOU choose which electric bike finance package is right for you and your pocket.

The process is simple, and involves the customer visiting the store and providing answers to a number of standard questions that are then fed into the Moneyway’s system via a PC. If all criteria are met, then credit facilities are immediately available and the customer can continue with their purchase. The beauty of using electric bike finance is that the transaction can be completed on the day, and your chosen electric bike can be taken away with you there and then! All information provided is treated in absolute confidence and only used for the assessment of credit purposes. The process is undertaken in a confidential area, away from the sales floor.

0% over 12 Months:
10% Deposit Required

Pay the smallest deposit and spread the remaining balance over 12 equal, monthly payments.

0% over 18 Months:
20% Deposit Required

Pay an intermediate deposit and spread the remaining balance over 18 equal, monthly payments.

0% over 24 Months:
30% Deposit Required

Pay the largest deposit and spread the remaining balance over 24 equal, monthly payments.

How Finance is Calculated

A typical example is outlined below:

» Purchase price of a KTM Macina Lycan 27 X1 11 CX5 Plus  = £3,749.00

» 30% deposit = £1,124.70

» Credit amount = £3,749.00 less £1,124.70 = £2,624.30

» £2,624.30 divided by 24 = £109.35 per month for 24 months.

It’s as simple as that!

Phone (01905) 611774 for further details

KTM Macina Lycan 27 X1 CX Plus Electric Bike