Cycle to Work Scheme

Vires Velo is able to offer customers the following Cycle to Work Schemes to assist with your purchase of a new Factor bike. For further information on any of the schemes please contact our team.

Cycle Scheme

Vires Velo is registered with CycleScheme. Cyclescheme is an employee benefit that saves you 25-40% on a bike, you pay nothing upfront and the payments are taken tax efficiently from your salary by your employer.

Use the calculator below to see how much you could save:

Guide Bike Prices

  • Factor OSTRO VAM Dura-Ace Di2: £10,500
  • Factor O2 VAM Disc Ultegra Di2: £8,700
  • Factor O2 Disc Ultegra Di2: £7,500
  • * Additional £300 fee is applicable for Cycle to Work Vouchers

Green Commute Initiative

Green Commute Initiative is the industry-leading and award-winning cycle-to-work scheme with no limits. GCI’s scheme has no £1,000 limit and no scheme exit fees. You can save from 32-47% (depending on your tax rate). Pay monthly through salary sacrifice with no added interest. Salary
sacrifice periods can be from 12-60 months.

Calculate the savings and payments you could make below:

Guide Bike Prices

  • Factor OSTRO VAM Dura-Ace Di2: £10,500
  • Factor O2 VAM Disc Ultegra Di2: £8,700
  • Factor O2 Disc Ultegra Di2: £7,500
  • * Additional £300 fee is applicable for Cycle to Work Vouchers

Get started now

Contact our team if you have any questions about using a voucher