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bike finance

Bike finance, a quick and easy way to fund your new road, hybrid, mountain or electric bike with Bike Shed.

Finance is available on a large range of bikes and accessories in all our stores and via mail order (via email or telephone) with a minimum value of £350bike finance. A minimum of a 10% deposit is required for all purchases on finance.

0% Finance is available on all full priced bikes, as well as a hand picked selection of discounted models. If you are interested in a discounted bike, but are unsure whether or not it can be purchased with 0% finance, just ask.

For the remainder of the discounted models, we can still provide finance, but there will be an interest charged. For further details on our bike finance charges, see below.

Finance options are available in 6, 10, 12, 18, 24, 36 or 48 month payment periods.

  • 0% interest finance is available on terms up to 12 months.
  • 4.9% interest finance is available on terms of 18 or 24 months.
  • 9.9%interest finance is available on terms of 36 months.
  • 15.9% interest finance is available on terms of 48 months.

You can include as many parts, accessories, clothing etc as you wish as part of the purchase. The finance application will simply be calculated on the total purchase price for all items.

Once the finance agreement has been accepted by V12 Retail Finance, we cannot modify the value of the loan without re-applying for finance.

Typical Finance Examples on a purchase of £1899

Deposit £189.90 (Min 10%) - Loan Amount £1709.10 -12 Repayments of £142.43 @ 0% - Total Paid £1899.00

Deposit £189.90 (Min 10%) - Loan Amount £1709.10 - 24 Repayments of £98.60 @ 4.9% - Total Paid £1964.66

0% Finance is not available on Sale, Cycle Scheme or discounted models unless stated, however an alternative rate maybe applicable. These range from 4.9% - 19.5%

To enquire about financing your next bike, please contact us today!

To apply for finance you must be:

at least 18 years of age
a permanent UK resident
in regular employment (minimum of 16 hours per week) including self employment, or in permanent residence with your spouse/partner who is in regular employment
in receipt of pension if you are retired
if registered disabled confirmation of sufficient income will be required
Loans subject to status. Available to UK residents 18 years and over. Full terms and conditions are available in store or by writing/emailing to The Bike Shed, Union Road, Crediton, Devon, EX17 3AW. Written details on request.