| Buy
Now Pay Later |
| Taking
advantage of our Deferred Payment Plan could get you
the bike equipment you need straightaway, by paying
a deposit (typically of just 10% - may differ for
certain product categories), with no more outlay for
up to twelve months*. And, if your balance is fully
repaid by the end of the Deferred Period, the total
amount payable will be the same as that at the time
of purchase other than a £29 early settlement
fee (i.e. no interest will be charged)*. Alternatively,
after the deferred period, you
can
spread the cost over 36 monthly installments by direct
debit.
The
length of the deferred period available depends upon
the balance remaining after deposit, as shown in the
chart below.
| Balance
remaining after deposit paid |
Deferred
Period Applicable |
| £750
- £1500... |
Pay
up to 6 months later |
| £1501
- £3000... |
Pay
up to 10 months later |
| £3001
or over... |
Pay
up to 12 months later |
Typical example: Cash Price £1800 inc. VAT deposit
£180, balance for finance £1620. Pay balance
of £1620 up to 10 months later with no interest
charges or 36 fixed monthly payments of £79.76,
total repayable £2871.36, APR 29.8%. Written
quotations available on request. Subject to status,
terms and conditions apply.
|
| How
the Plan Works |
| Arranged
in conjunction with Barclays Bank Group for delivery
of the goods to your home address, the agreement can
be taken out either by telephone application or by
completing
the form on this page.
The
balance to be financed is arrived at by deducting
your deposit from the total cash price of the items
being purchased including VAT.
If
the balance is unchanged at the end of the Deferred
Period, 36 direct debited monthly repayments will
then commence, the amount being that indicated on
the agreement. If the balance has been part paid during
the Deferred Period, the repayment amount remains
the same, but the number of months is reduced accordingly.
At any time during the Repayment Period, the agreement
can be terminated by repaying the outstanding balance
and there may then be an appropriate reduction in
the interest charged, depending upon the term remaining.
|
Straightforward
Application Requirements - all that's needed is:
|
| • |
You
need to be 18 years of age or over (20 years if resident
in Jersey) and a permanent UK resident
|
| • |
You
must be in employment (minimum 16 hours per week), including
being self-employed, or be of retirement age, or be
a wife or husband at home and married to (not common-law)
and living with spouse who must be in regular employment
|
| • |
You
need to provide details of your current bank account
for direct debiting purposes, e.g. bank address, account
number, sort code, etc. (this information can normally
be found on your cheque book)*
|
| • |
You
pay a deposit (minimum of 10%)
|
| • |
You
must hold a current Cheque or Credit card from a major
high street Bank or Building Society - please verify
with us that your card type is applicable before travelling
If visiting our showroom
|
| • |
You
provide two separate forms of printed identification
containing your current address, such as a full UK Driving
Licence, Council Tax book, or utility bill etc. - this
must have a unique identifying reference number, such
as your account or customer number, and have been issued
within the last six weeks
|
| OR
TAKE ADVANTAGE OF OUR LOW RATE PERSONAL LOAN |
Alternatively,
we can offer a competitive low rate personal loan
at just 19.9% APR on any balance over £750
after a 10% deposit has been paid. Subject to
status.
With no deferred period you can start making your
payments immediately with a choice of spreading
your balance over 24, 36 or 48 months.
Typical example:
| Amount
Borrowed (after deposit) |
Finance
Period |
Monthly
Repayment |
| £1000 |
24
months |
£50.10 |
| £1000 |
36
months |
£36.33 |
| £1000 |
48
months |
£29.56 |
|
|
| |
