Cycle Scheme

Cycle to Work Scheme

If you wish to order a bike and take advantage of the government backed Cycle to Work initiative, read on. Cycle to Work can save you upto over 40% off the price of a new bike through tax and National Insurance savings. It's open to everybody and currently the following information applies.

Overview of the scheme in 4 simple steps:

1. Place an order for your bike on our website
2. Apply for your voucher using your scheme providers’ instructions
3. Send your voucher to us; we can then arrange a date for your bike to be built
4. Your bike is sent to you by our approved courier.

1: Place an order for your bike on our website

Once you know what you are allowed to purchase on the scheme it is time to order your bike off our website. This is just like any other purchase; browse our website for the bike and equipment you wish to purchase, add the items to your basket. Next go to the check out, fill in your details for delivery before you are diverted to the payment page. At the payment page you will be able to see the normal card and paypal options but you need to select the third Bike to Work Scheme option. This will generate your order.

2: Apply for your voucher using your scheme providers' instructions

These are the various ways in which you can apply for a voucher:

Direct Payment from your employer
If your employer doesn't have a cycle to work scheme and you want to set one up, click here for more information.

Cyclescheme.co.uk
If your employer is registered with Cyclescheme, click here for more information.

NHS SME HCI scheme.
If your employer is registered with NHS SME HCI, click here for more information.

On Your Bike.
If your employer is registered with On Your Bike, click here for more information.

Cycle Plus.
If your employer is registered with Cycle Plus, click here for more information.

If you would like to use any other form of Cycle to Work voucher, please email us at cycletowork@planet-x-bikes.com.

3: Send your voucher to us; we can then arrange a date for your bike

Address your voucher as follows:

Cycle to Work
Planet X Ltd
Unit 3 Ignite Business Park
Magna Way
Templeborough, Rotherham, S60 1FD
United Kingdom

You also need to include a photocopy of some photo-identification (e.g. Drivers License, Passport). Once we have your voucher and your order is fully paid, our bike build team will arrange a date for your bike to be sent to you.

FAQ:

1. Once I receive the bike, do I become its rightful owner?
Your employer remains the legal owner of the bike until the end of the lease period. At that point your employer may choose to either keep the bike or sell it to you for a "nominal sum" as laid out in the terms of their scheme.
2. You've got an offer on now and I don't get my voucher for another few weeks. Can I order a bike now on my credit card to reserve it, then get a refund and pay with my voucher when I get it?
No. That's very complicated. We don't do complicated. We ask that you only order a bike if you have your voucher ready to go.
3. Why do I have to pay a 10% fee for ordering a bike with a cyclescheme.co.uk voucher, Cycle Plus and On Your Bike or a 12.5% fee via the NHS SME HCI scheme?
We keep our prices competitive by selling at very low margins. All of these organisations charge us a fee on each bike we supply to a customer. So we don't have to add this fee to all our complete bike prices (for all non-cycle scheme customers) we've decided to pass this charge on to you. The additional 10% charge DOES NOT APPLY if your employer is paying us direct for the bike.
4. I need a quote for a bike so I can apply for my Cyclescheme.co.uk voucher. How do I get one?
We don't give formal quotes for bikes. Our offers change frequently depending on stock levels and current demand so we cannot hold prices or specifications on any bikes for any set length of time. Once they're gone, they're gone. Having said that, we'll always aim to have great offer bikes available at key price points. If you REALLY need a quote to apply for your voucher, download one HERE and fill it in yourself. Please remember to fill it out for the value of the voucher you want to apply for. Our "shop code" for cyclescheme.co.uk us PLANE004.
For a bike quote for the NHS SME HCI scheme, please contact Chris by email chris@planet-x-bikes.com.
5. How long after I've ordered can I expect to get my bike?
Once you've ordered we'll ask you to send us your signed voucher alond with some Photo ID . Once we've received your voucher, we'll contact you to make any additional payments due on the order and arrange a delivery date.
6. Can I purchase parts with the voucher?
Yes, but you do need a complete bike in your order.