Good morning,
At first glance that does seem perfectly sensible to me, the name is after all a hint as to the scheme's intentions.
However it is a straw man and surprising that it would be brought up now given how little it would save,
https://www.gov.uk/government/publi...-markets-implications-for-the-schemes-success
This quote from the above did suprise me, I was expecting it to be higher,
34% of users having chosen bicycles priced at over £1,000.
sorry if this is NACA territory but it seems to be preparation for The Budget and tax rises to help create the
non normal working person and
those people deserve it because they have a Pinarello.
But that doesn't stop me feeling that within a year or so we will see the press running articles saying
Local bike shop closed due to governments removal of the CtW scheme.
After all the scheme has admin costs any many schemes use either this or thier bulk buying power to demand discounts from retailers, SPA Cycles for example advertise
It is tempting to say put a cap on the bike price, but where? Looking at
Ribble it would seem to need to be around £3k on ebikes and £2k on unpowered.
To my mind a top of range Carrera from
Halfords might be all that you
need, but it does seem reasonable to allow for a certain amount of but X is nicer and I will ride X at the weekends rather than having two bikes.
If you look at the spec of the 725 Ribble
https://www.ribblecycles.co.uk/ribble-cgr-725-enthusiast/?colour=dark-blue it is more than you need for a commute bike but not much more than many would want as a commute and weekend ride.
Bye
Ian