How to Save Up to 63% on a New E-Bike: A Guide to Workride & The Wheel Deal at CycleWorx

With the price of fuel staying where it is and the daily stress of traffic, commuting by car in New Zealand is getting harder to justify. More and more people are looking at electric bikes or clean commuter bikes to get to work. It makes perfect sense because you skip the gridlock, ignore parking fees, and clear your head before you even start your shift.

The only real issue is the upfront cost. Dropping a few thousand dollars out of your pocket all at once for a quality e-bike is a big ask for most households.

That is exactly why we partnered with Workride and The Wheel Deal.

CycleWorx is an officially approved partner for both of these New Zealand salary sacrifice programs. They are designed to let you buy a new commuter bike or e-bike completely tax-free, saving you up to 63% depending on your tax bracket. There are no hidden interest rates, no credit checks, and you do not need to save up a massive deposit.

Here is a straightforward guide on how these programs work, what you get out of them, and how to get started.

How do these salary sacrifice schemes actually work?

Both programs function through your workplace. Essentially, your employer purchases the bike, e-bike, scooter, or commuting safety gear from us on your behalf. You then pay them back over a 12-month period through small deductions taken straight from your regular paycheck.

The trick is that these payments are taken out of your gross income before your regular income tax is calculated.

Because you are paying with pre-tax dollars, you skip paying income tax and ACC levies on that money. It automatically slashes the real cost of your bike down significantly.

The benefits of getting your bike through CycleWorx

• Real, structural savings: You bypass tax legally, making a premium e-bike much more affordable than buying it at standard retail pricing.
• Easy on the budget: The payments are spread evenly across a full year and happen automatically, so you do not have to worry about manual bank transfers or big bill spikes.
• Fully assembled and safe: We do not ship your bike in a box for you to struggle with at home. Our professional workshop mechanics completely build, tune, and safety check every machine before it leaves our shop.
• Add your gear to the total: You can include essential commuter accessories like helmets, high-visibility jackets, lights, and heavy-duty locks directly into the tax-free package.

How to get started in four steps

Getting your commuter set up is a simple process.

1. Talk to your manager: Ask if your company is registered with either Workride or The Wheel Deal. If they are not signed up yet, let us know, and we can send them a free information packet to help them get it set up.
2. Find your perfect ride: Check out our range of Bikes and E-Bikes online, or come visit us at our Papamoa store to test ride a few options.
3. Get a formal quote: We will put together an official quote for the exact bike and accessories you want.
4. Submit and collect: Give that quote to your workplace scheme manager. Once approved, you will get a voucher to bring to us, and you can ride away on your new bike.

We are here to help you get the right fit

We genuinely want you to love your daily commute. Whether you need a robust electric bike to flatten out the morning hills or a nimble commuter bike for urban lanes, our team can guide you to the right frame size and style.

If you want to look at the numbers or ask a quick question about how your tax bracket changes your total savings, check out our Workride and The Wheel Deal Hub or get in touch with our team today. Let’s get you out of the traffic and onto the bike paths.

 

Frequently Asked Questions

How do I pay for my bike through Workride or The Wheel Deal?

You don't pay anything upfront. Once your employer approves your CycleWorx quote, payments are automatically deducted from your regular paycheck over 12 months. Because these deductions come out of your gross salary before income tax is calculated, you bypass income tax and ACC levies on that money.

 

Can I include accessories like a helmet and lock in the scheme?

Yes. You can bundle essential safety and commuting gear directly into your quote. This includes helmets, high-visibility clothing, lights, locks, pannier racks, and mudguards. The entire bundle gets wrapped into the same tax-free paycheck deduction plan.

 

Does the bike arrive fully assembled if I use a scheme voucher?

Yes, absolutely. We never ship your bike loosely in a factory box for you to build yourself. Our professional workshop mechanics fully assemble, tune, and safety-check every single machine before collection or delivery so it is 100% road-ready from day one.