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PostPosted: Thu Aug 07, 2008 4:55 pm 
Retro Guru
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Joined: Tue Apr 15, 2008 8:32 am
Posts: 1614
Location: Edenbridge, Kent
Count yourself lucky that your employer is part of the scheme, wish mine was :evil:


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PostPosted: Thu Aug 07, 2008 5:07 pm 
Gold Trader
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Joined: Tue Jul 31, 2007 10:21 pm
Posts: 2159
Location: Cornwall
my mate used this scheme, he found a bike he wanted at his LBS , he got halfords to order the bike from his LBS, and then............. he sorted out a deal with the LBS to upgrade a load of bits on it, all with a little extra money, effectively making it a custom built bike :wink: , perhaps a bit naughty as it took him well over the cost threshold, but hey its just bending the rules a little bit and now he actually has the bike he wanted. :)


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PostPosted: Thu Aug 07, 2008 5:15 pm 
Section Moderator & South West AEC
Section Moderator & South West AEC
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Joined: Mon Jun 25, 2007 3:33 pm
Posts: 8171
Location: new forest
actually i did discover one thing, and bearing in mind i have done this for customers on cycle scheme myself at the old shop, unless the employer has a consumer credit liscense the bike can't go over a grand by the customer adding money because it brings in to question who owns the bike, because technically it's a hire purchase. but apparently the whole scheme could be dropped nationally if people abuse it which i didn't know about, and by abuse, it means adding money to it. seems silly to me but aparrently that's right.

and southbound i am chuffed they're doing the scheme but not chuffed at how they're doing it.

i'm sorry if i appear bikesnobby but you get that way after a while in the trade!


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PostPosted: Fri Aug 08, 2008 12:29 am 
Retro Guru
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Joined: Sun Apr 29, 2007 2:29 pm
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i looked into using this scheme when i bought a new bike, i was going to get my girlfriend to use the scheme through her work, cos i was a student at the time,

she works for a large high street bank and they would only lend (the scheme effectively involves borrowing money from the employer, you pay it back over a year from untaxed earnings) the money if she took out an insurance package from her employer (payment protection insurance, the same as the rip off schemes you get with credit cards) to cover the loan, which i thought was very wrong,


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PostPosted: Fri Aug 08, 2008 8:42 am 
Devout Dirtbag

Joined: Wed May 28, 2008 12:55 pm
Posts: 149
Location: Exmouth - Devon - UK
I think there's a point been missed here that was made earlier, if you pick a bike from your LBS and then set up with Halfauds for them to get the bike from your LBS and then you simply pick it up from Halfauds, then the LBS is still getting the sale and hence the money.


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PostPosted: Fri Aug 08, 2008 10:15 am 
MacModerator
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Joined: Fri Jul 14, 2006 8:59 pm
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Location: Sol Kitts
Can't you just buy a bike from your LBS? You'll get a good discount, no?


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PostPosted: Fri Aug 08, 2008 11:00 am 
Section Moderator & South West AEC
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Joined: Mon Jun 25, 2007 3:33 pm
Posts: 8171
Location: new forest
the scheme gets you a tax relief that is way better than trade price. i'm gonna get the grand voucher then push for getting it through my old shop.

thanks for the advice guys :D


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PostPosted: Fri Aug 08, 2008 2:37 pm 
Old School Grand Master
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Joined: Sat May 20, 2006 2:56 pm
Posts: 4776
Location: No brakes? Way to commit soldier.
South Bound wrote:
Count yourself lucky that your employer is part of the scheme, wish mine was :evil:


Absolutely. Tell you what, if you're that dead set against Halfords, use your own money to pay full price for the bike you want from the shop you want.


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PostPosted: Fri Aug 08, 2008 3:08 pm 
Retro Guru
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Joined: Sun Apr 29, 2007 2:29 pm
Posts: 389
i've heard people using the scheme to buy bikes for their kids for xmas,

it's badly implemented, should be "prove you cycle to work and we will give you a rebate" scheme,


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PostPosted: Fri Aug 08, 2008 3:44 pm 
retrobike rider
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Joined: Fri Aug 08, 2008 2:36 pm
Posts: 16750
Location: Yorkshire, England
For anyone wanting more info on this (no I don't work from them, just happend to find it useful when looking in to it)
http://www.wiggle.co.uk/h/option/cycletowork
gives quite good information about the governments cycle to work scheme.


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