Retrobikes will only get more expensive?

[Bikebandit]

I know this is'nt strictly mtb but it's a whole lot of retro steel and they come on the market pretty frequently here but never less than 1000-15000kr (thats £95-£145)
The Swedish military cycles like this M/42 Monark.In UK someone might give you a tenner for it

 

[Bikebandit]

Yes you might snigger lol but bit of imaginaton,few nights in the garage and you can roll this out on your drive

 

[Andy R]

Yes you might snigger lol but bit of imaginaton,few nights in the garage and you can roll this out on your drive

I wasn't sniggering - I'd quite happily own and ride one of those

 

[Barneyballbags]

The Bike to Work scheme still makes the purchase of a new bike very attractive for those who have access to it.

Tell me about it - I had a bike (Boardman Hardtail Ltd Edition, 449/500) through this scheme before I moved down to Cardiff...

I paid £694 for it in total over the 12 months (including the £10 to 'buy' it at the end). I sold it for £830. So I got a years worth of riding a £1,000 hardtail for free, and made a tidy profit to boot!

I just wish my current employers would do the same .... Unfortunately the Boardman had to go as I needed the money for the move.

 

[Barneyballbags]

We also provide bikes on a scheme for the NHS, we have to pay 12% on that.

Interesting post Andy. I now work for the NHS (Cardiff & Vale University Local Health Board) and have been told that they don't operate the scheme. It seems really odd to me that a Health organisation such as the one I work for doesn't offer it to employees. I would have thought they'd be actively promoting it!

Even if the C2W scheme is slightly less beneficial now, it's still a great way to get a new bike for a tidy discount on RRP.

 

[1988_Ben]

The Bike to Work scheme still makes the purchase of a new bike very attractive for those who have access to it.

Tell me about it - I had a bike (Boardman Hardtail Ltd Edition, 449/500) through this scheme before I moved down to Cardiff...

I paid £694 for it in total over the 12 months (including the £10 to 'buy' it at the end). I sold it for £830. So I got a years worth of riding a £1,000 hardtail for free, and made a tidy profit to boot!

You sold a 1 year old £1000 bike for £830 ? That's impressive !

So how did you manage to pay such a tiny final valuation fee of £10 ? (that's like 1%). It should either have been £50 (5% for pre-Aug 2010) or £70 (7% for post-Aug 2010)

Andy B, I've never heard of a scheme where you don't pay VAT on the bike. Who offers this ? That sort of saving would make it worthwhile. In my case, I saved about £70 overall off the RRP, so could actually have got it cheaper by just paying the sale price that was on offer at the time (Bike to Work schemes must charge RRP).

 

[Bikebandit]

We also provide bikes on a scheme for the NHS, we have to pay 12% on that.

Interesting post Andy. I now work for the NHS (Cardiff & Vale University Local Health Board) and have been told that they don't operate the scheme. It seems really odd to me that a Health organisation such as the one I work for doesn't offer it to employees. I would have thought they'd be actively promoting it!
Even if the C2W scheme is slightly less beneficial now, it's still a great way to get a new bike for a tidy discount on RRP.

Maybe they've seen to many people making tidy profits :?:

I paid £694 for it in total over the 12 months (including the £10 to 'buy' it at the end). I sold it for £830. So I got a years worth of riding a £1,000 hardtail for free, and made a tidy profit to boot!

 

[one-eyed_jim]

errrr, are you not aware of the changes that HMRC made to the 'Final Valuation Fee' in August last year ?

I am aware of the changes to the final value fee.

Are you aware of the patronising impression you create when you begin a reply with "errrr"?

I've never heard of a scheme where you don't pay VAT on the bike. Who offers this?

The VAT is deducted if the employer is VAT registered. That excludes universities, charities, and the armed forces, but in most cases the employee shouldn't pay VAT on the bike.

(Bike to Work schemes must charge RRP)

That's not so, but a supplier may decline to include discounted bikes in the scheme, especially if a third-party facilitator (like Cyclescheme Ltd.) is receiving a cut. For example Halfords' Cyle2Work scheme explicitly includes in-store discounts and offers.

 

[pete_mcc]

Brompton report steel up by 40%

Mustangs are now worth a fortune....as scrap.

 

[legrandefromage]

Brompton report steel up by 40%

Mustangs are now worth a fortune....as scrap.

Shhhh!! 'They' will hear you and create threads about elitism and snobberry.




Aw nuts, too late.