Electric Bike Finance
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 in the examples below, 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 V12 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 V12 Retail 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 is confidential and only used for the assessment of credit purposes. The process takes place 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 below:
» Purchase price of a SCOTT E-Genius 700 Tuned = £6,799.00
» 30% deposit = £2,039.70
» Credit amount = £6,7499.00 less £2,039.70 = £4,759.30
» £4,759.30 divided by 24 = £198.30 per month for 24 months.
It’s as simple as that!
Phone (01905) 611774 for further details