Bikes on Finance
Pay monthly and spread the cost of your bike or cycle gear.
You qualify for Finance as long as your basket totals £250 or more, whether you’re buying a dream bike, upgrading your current ride or kitting yourself out for the season. Applying for Finance with Wheelies is quick and easy with the option of flexible or no deposit and you will know the result within minutes. Buying on Finance breaks the cost of your items into more manageable monthly chunks and takes just 4 easy steps. You can use our Finance calculator to see your monthly payment options. For more information watch our short Bike Finance video.
Choose your item(s)
Available on all orders over £250.
From bikes to wheelsets, full price or reduced.
Select your Finance option
& your deposit amount at the checkout.
Deposits start from £0.
Complete your paperless application
Transparent, quick & easy.
Takes on average 10 minutes to apply.
Receive an instant decision
We’ll call you to arrange delivery
as soon as your application is approved.
Finance calculator - See your monthly payment options
You can increase or decrease the deposit you wish to pay. Depending on your order value and the type of Finance you choose, however paying no deposit (£0) is always available.
Loan amount minus deposit must be greater than £
|monthly payments of|
|Cash price (inc. Delivery & VAT)|
|Amount of loan|
|Interest/Total Charge for credit|
|Total amount payable|
|0% Finance representative example|
|Purchase price||£1099||Total repayable||£1099|
|Deposit||£100||Duration of agreement||24 months|
|Amount of credit||£999||Rate of interest (fixed)||0%|
|24 monthly payments||£41.62||0% APR representative|
|Classic Credit (15.9% APR) representative example|
|Purchase price||£499.99||Total repayable||£571.76|
|Deposit||£50||Duration of agreement||24 months|
|Amount of credit||£449||Rate of interest (fixed)||15.9%|
|24 monthly payments||£21.71||15.9% APR representative|
How quickly will my application be processed?
Once you submit your application you will receive an instant decision. On rare occasions, if V12 require further information they will contact you within normal working hours shortly after your application is submitted.
Once my application is approved, what happens next?
Once approved, you will be able to sign your credit agreement electronically using V12's eSign process. You will be given the option to download a copy of your credit agreement at this point and print a copy for your records. Once you have eSigned your agreement we can dispatch the goods to you. There is no paper work to return to us or to V12.
Do you offer no deposit Bike Finance?
Yes, you can purchase your bike on Finance with no deposit. You can vary the deposit you wish to pay on your application, which is determined by your loan amount and the type of Finance you choose, however no deposit (£0) is always available.
Is there a charge if I want to pay off the outstanding amount early?
There is no charge if you wish to pay off your Finance early. Simply call V12 on 02920 468 900 who will help arrange this with you.
What are the criteria for applying for Finance?
To apply for Bike 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 not in employment, you may be required to provide proof of alternative income
What if I want to cancel my application once it has been accepted?
For your full cancellation rights please refer to our returns page.