I got a new bike. The last time I had a new bike was when my parents bought me one in 1978. Normally I'd just pick up a second hand clunker on the cheap. But the UK Govt offer a scheme where your employer can buy a bike VAT free then hire it out to you through your gross salary until the principle is paid off then sell it to you for 'fair market value' which winds up being 5% of the original purchase price. Cool! So with the NI contributions, income tax and VAT taken off you get around 45% off the retail price.
But what happens when you buy it off a wholesaler? Heh! Another 30% off. So I got all wound up reading about the KHS XC604 and have been itching to get it for the last month. It came in the post today and we're expecting to head for the hills on Saturday to roll our wheels over rolling hills….
Here's a snapshot of the bike:
We'll be doing something like this again (sorry about the poor quality)….