Finance Calculator


Buying a bike doesn’t have to involve the initial cash outlay that you might imagine. Ride it away at GreenWheel Cycles is designed to help you get in the saddle by spreading the purchase cost of a new bike and accessories with cycle finance. To find out how much your bike or accessory could cost you, use our calculator below or come in and chat to one of our finance specialists.

Frequently Asked Questions

Who is eligible?

There are certain criteria you have to meet to apply for finance:

  • 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 a pension if retired
  • Able to confirm sufficient income if you are registered disabled

How much can I borrow?

Finance is available on any product including bikes and accessories. The amount you can borrow depends on your individual circumstances. You can borrow between £350 and £15000 over a 12 month period. Use our finance calculator below to work out how much you can afford to borrow.

How much will it cost?

Finance is available at 0% APR over either 6, 10 or 12 months.

Is a deposit required?

Yes, a minimum 10% deposit is required which must be paid for using a chip and PIN debit or credit card. The deposit can be increased to lower the finance amount and your monthly repayments.

How are payments made?

All monthly payments are paid by direct debit from your personal bank account. Typically the first payment will be due one month after the delivery of your goods, subsequent monthly payments will be due every month for the length of your agreement.

How do I apply for finance?

Visit us in store and we can provide you with a quotation. If you are happy with the figures we will start the application process which should only take several minutes. You could be riding away on the bikes of your dreams the same day!

What if my application is declined?

If your credit application is declined you will have to process the order with an alternative payment method.

Can I pay my loan off early?

You can settle you loan agreement at any time. Simply contact V12 Retail Finance on and they will calculate and send you your settlement figure. Your settlement figure and date are calculated in line with the Consumer Credit Act.

What if I can't afford a repayment?

If you are unable to make one of your monthly repayments, please contact V12 Finance directly.