100s Of Bikes In Stock | Farnham – Walton-on-Thames – Petersfield
What is the Cycle To Work scheme?
Hoops is partnered with a number of Cycle schemes. All of these offer quick services to help provide you a new bike and accessories at a lower cost to you which are usually spread out over 12 months. This allows you to have a nice new bike and accessories, right now without having to pay the full cost up front.
HOW DOES IT WORK
The cycle schemes allows you to get up to £10,000 worth of Bikes, clothing, accesssories and parts through your employer. Once you have collected the goods to the voucher value, you’ll pay the cost back to your employer over 12 months out of your wages before tax. Your employer will own the goods until the end of the hire agreement, each scheme works slight differently as to the lengh of the hire/ownership and what happens at the end of the hire.
HOW MUCH CAN I SAVE?
Usually on average it is been 25% - 39% But can be up to 50%
THE SCHEMES WE ACCEPT
What can I purchase with the Cycle to Work Scheme?
You can purchase any bike and accessories that you may require to ride into work. We find most customers choose locks, lightsets and a helmet with their bike. In general, if it can be fitted to your bike you can include it on your voucher. below is a list of allowable items:
-Mudguards and Racks
-Child Seats/ trailers
-Pumps and Tools
Whats not included
-Computers including GPS
-Bikes for Partners
-Energy Products/ Nutrition
WHAT IF MY COMPANY IS NOT SIGNED UP TO A SCHEME?
When collecting your bike, we’ll need to see some ID. Passport or Drivers Licence with a picture is accepted. On rare occasions, we may ask for a deposit∗ to hold the bike. This allows us to secure the bike and accessories until your voucher arrives. When you pop in to collect your bike we’ll happily refund the deposit in full.
∗ In some cases, if a voucher is cancelled we cannot refund the deposit, however, you are welcome to use it to purchase other goods or services.