V12 Retail Finance
Order a bike or frame today and spread payment over 6, 10 or 12 months interest free with V12 Retail Finance.
We've partnered with V12 Retail Finance to offer a range of flexible payment options on any purchase from £300 up to £15,000. Order a bike or frame today and spread payments over 6, 10 or 12 months, all at 0.0% APR. The total you pay is the price you see at the checkout.
Shop the website in the normal way and add your bike, frame and any accessories to the basket. Then when you're sure everything is ready, go to the checkout and select "V12 Retail Finance" as the payment option. You'll be taken through the online application process and will receive a quick decision.
As soon as everything is approved, we will add your bike or frame to the build queue. You'll need to pay a deposit immediately, but your Retail Finance only begins when you receive your order.
V12 Customer Criteria:
Customer is 18 or older. Is, or their partner is, in permanent paid employment, self-employed, retired and receiving a pension, working student in part time work or in receipt of disability benefit. Has been a resident of the UK for at least 3 years. Has a debit or credit card in their name, which is registered to their address, in order to pay for the deposit. Has a bank or building society current account available.
Retail Finance Examples
In this example, we'll look at ordering a typical full suspension frame & shock which has a retail price of £1799, placing a 10% deposit and spreading payment over 10 months. If you'd like to explore the various options in more detail, you can access the online calculator here.
| Cash price: | £1799 |
|---|---|
| Amount of deposit: | £179.90 |
| Total amount of credit: | £1619.10 |
| Loan term: | 10 months |
| Annual rate of interest (fixed): | 0% |
| Monthly repayment: | £161.91 |
| Representative APR%: | 0% |
| Total cost of credit: | £0.00 |
| Total amount payable: | £1799 |
In this different example, we'll look at ordering a works level bike which has a retail price of £4999, placing a 50% deposit and spreading payment over 12 months. If you'd like to explore the various options in more detail, you can access the online calculator here.
| Cash price: | £4999 |
|---|---|
| Amount of deposit: | £2499 |
| Total amount of credit: | £2500 |
| Loan term: | 12 months |
| Annual rate of interest (fixed): | 0% |
| Monthly repayment: | £208.34 |
| Representative APR%: | 0% |
| Total cost of credit: | £0.00 |
| Total amount payable: | £4999 |
V12 Retail Finance FAQs
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You can apply for V12 Retail Finance on any amount between £250 and £15,000 (not including the deposit).
Taking into account the minimum deposit of 10% and the maximum deposit of 50%, the minimum order value is £277.78 and the maximum order value is £30,000.
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Yes. There's a minimum deposit of 10% to pay, but you can choose to deposit up to 50%
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The deposit is payable immediately. You can choose to apply for 6, 10 or 12 monthly payments.
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None. All of the options on offer via V12 Retail Finance are interest free (0% APR) which means the total price you pay is the price you see at the checkout.
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No. We pay a subsidy to V12 Retail Finance when an order is placed, but no additional charges are added to your order (late payment fees may be applied if you fail to make repayments on time).
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That depends on your circumstances but typically it takes 10-15 minutes. You will receive a decision upon completing the application.
In some cases the underwriter may have further questions, in which case you will receive a phone call within 20 minutes.
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Yes. The application process does involve a credit check which will show on your credit report.
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No payment will be taken by V12 Retail Finance. You will have the option to pay via an alternative method, or to cancel the order.
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Secure Trust Bank PLC owns V12 Retail Finance Limited. V12 Retail Finance Limited. Registered in England and Wales 4585692. Authorised and regulated by the Financial Conduct Authority. Registration number: 679653. Correspondence address: 25-26 Neptune Court, Vanguard Way, Cardiff, CF24 5PJ. Secure Trust Bank PLC Registered in England and Wales 541132. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registration number: 204550. Registered Office for both: Yorke House, Arleston Way, Solihull, B90 4LH. V12 Retail Finance is the trading name of Secure Trust Bank PLC.
Contact Us If you have any more questions
V12 Retail Finance can be a convenient way to pay for a new bike or frame, but it is important to make sure you have the right finance option for your circumstances. Contact us if you have any further questions.