Cycle to Work

[Alex1982]

I want to buy a bike that is £4700 and my C2W only does up to £4000

Is it possible to use C2W and card payment ie pay £700 via my debit card and £4000 for the C2W voucher?

 

[si_c]

I want to buy a bike that is £4700 and my C2W only does up to £4000

Is it possible to use C2W and card payment ie pay £700 via my debit card and £4000 for the C2W voucher?

If buying from a shop, speak to them, they may be happy to do a partial cash payment, especially if you have a good relationship with them.

 

[Alex1982]

Its canyon unfortunately

 

[vickster]

Send them an email and ask?
Do you really need a 5k bike for commuting?!

 

[bikingdad90]

There is a caveat with C2W. Any deduction cannot take you under the national minimum wage, so although £4K is that cap, your actual limit maybe lower because of salary.

 

[Alex1982]

Send them an email and ask?
Do you really need a 5k bike for commuting?!

Not using it for commuting
I was buying a TT bike

Spoke to them this morning and wouldn’t even entertain as bound by governing laws

 

[Dogtrousers]

It could all be a bit hairy if you leave your employment as they own the (very expensive) bike until the loan is paid off, so it could get complicated.

Also isn't there a rule that it must be used 50% for commuting? I've no idea if this is actively policed or what would happen if/when someone did check and find that it wasn't the case.

 

[Alex1982]

Both break the rules of C2W and I wouldn't even be considering this as even if you were able to do so 'on the sly' you'll probably get a hefty tax bill later.

Why?
I still use it to cycle to work and then go out on it after, it won’t be my main commute due to the weather

Done it before and the price is about £290 at the end of the hire period

rules 😂

 

[vickster]

I still use it to cycle to work and then go out on it after, it won’t be my main commute due to the weather

You've said you don't use for commuting?

Although sounds like you'll have to limit yourself to 4k

 

[Alex321]

I want to buy a bike that is £4700 and my C2W only does up to £4000

Is it possible to use C2W and card payment ie pay £700 via my debit card and £4000 for the C2W voucher?

No. The total price of the bike (and any accessories) must be within the C2W limit, you cannot pay yourself to get a more expesive bike. I looked at that when I was buying my last bike, when the limit at my workpolace was £1000.

The rule is 50% of its use must be for commuting. I did look into this myself as I wanted a C2W bike but I WFH, the guidance I got is:

"At least 50% of the bike and/or accessories use should be for work purposes. For example, if you used the bike 10 times in a year, at least 5 of those journeys must be work-related. "

That didn't work for me as I don't go in every week, but by that measure if you rode to work once a week you can use it at the weekend and seems to me during good weather you could build up the mileage on the bike to use another time.

As it says there, you do not need to keep a log, and they have no real way of policing it (though maybe not post all your non-work rides to Strava )

 

[Dan Lotus]

Yeh sadly with Canyon that won't be possible, well you can ask I guess, but I can't see it getting through to be honest.
Can you not pick a bike one rung lower spec wise, and then just upgrade in the future, or remove those parts, sell them on as new, and replace them with the ones you wanted?

I've known of local bike shops before where they have been happy to adapt things to help the customer, and them of course.
The scheme is now a LOT more flexible than it used to be, so I don't see any 'rules' being broken by buying a TT bike.
Whack a tailfin on the rack, and you could happily commute in on it, good training ;-)

You can buy parts, and clothing as well now on the scheme, I've bought a DA groupset as well, all fully up front, with it being itemised on the form I had to fill in to receive the voucher, took it to the shop and walked out with the parts.
You can also do the same if you wanted to kit yourself out head to toe with Rapha.

P.S very jealous of your 4k limit, I was delighted when I managed to talk mine up to 3!

 

[Alex1982]

Think I’ve managed to get the same bike with standard wheels

I won’t use to commute but will cycle to work when going out after work and other times when weather isn’t great I’ll use my other bike

No one is going to police this as it would be a complete waste of manpower

Strava will show when I cycle but won’t specifically show which bike

 

[rivers]

I bought wheels for my TT bike on cycle to work- no one said anything

 

[Alex1982]

I bought wheels for my TT bike on cycle to work- no one said anything

That’s against the rules tut tut 😂

 

[Alex1982]

Yeh sadly with Canyon that won't be possible, well you can ask I guess, but I can't see it getting through to be honest.
Can you not pick a bike one rung lower spec wise, and then just upgrade in the future, or remove those parts, sell them on as new, and replace them with the ones you wanted?

I've known of local bike shops before where they have been happy to adapt things to help the customer, and them of course.
The scheme is now a LOT more flexible than it used to be, so I don't see any 'rules' being broken by buying a TT bike.
Whack a tailfin on the rack, and you could happily commute in on it, good training ;-)

You can buy parts, and clothing as well now on the scheme, I've bought a DA groupset as well, all fully up front, with it being itemised on the form I had to fill in to receive the voucher, took it to the shop and walked out with the parts.
You can also do the same if you wanted to kit yourself out head to toe with Rapha.

P.S very jealous of your 4k limit, I was delighted when I managed to talk mine up to 3!

No as bike is £4600 or £3800 but sizing is a problem

Keep my eye on size for the lower spec one