You can save up to 40% on the cost of your bike through monthly tax efficient payments.
On top of this you can save money on your regular commute.
According to confused.com the average weekly commute cost £136.00 by train and £80 by car. Imagine you spend £136 per week x 48 working weeks = £6,528. If you earned £30k a year, bought a Reilly Gradient costing £3849 (via the Green Commute Initiative cycle scheme), the total saving on the bike would be £1231.68 or 32%. Your monthly take home would be reduced by £218.11. The cost of your commute would be less than 8 quid a week for the first year and then virtually nothing when the bike is yours.