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  • I'm looking at getting a bike which has been discounted to £999 as it's a 2016 model.

    The bike shop I've reserved it in have been really helpful so far, and I've known them for years and know they're legit.

    However, when I mentioned getting the bike using the Cyclescheme, they said because they get charged 10% on a £1k voucher (which I can believe having worked in a bike shop myself), they would have to add £100 back on to their price to cover their losses, as otherwise their profit would be hardly anything above the trade price.

    I can empathise completely and don't hold it against them - but can they do that?

  • Yes, the same as Brixton Cycles, I was interested in taking a touring bike out on one of those schemes and they said they wouldn't be able to afford the 10% admin charge, so in effect, I would only be able to 'cash in' 90% of whatever the value of the voucher.

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