Clearly meant to be for trade in only. Wording from Ts&Cs is TRADE IN YOUR OLD BIKE FOR A NEW BIKETrade in your old bike and get up to £400 off a new bike! All you need to do is shop, choose your brand new bike, then apply your discount code at the checkout, have your new bike delivered to home or collect your new bike from your local Cycle Republic store. Finally just drop your old bike off at your own convenience! The wording is clear that you are meant to drop off your old bike at your convenience but what is less clear is what happens if you suddenly find it inconvenient to drop off you old bike. Seems a bit like the John Lewis trade-ins which rely on the customer to take in their old item but don't enforce.
Even though the Subway is almost 2kg heavier, 14.9kg v 13kg?
Actually the Subway 1 is £240 at the Cycle republic and only £220 using this tradein discount which is close to its best price. The only thing is it will have to be posted and you do your own setup unless you have a Cycle Republic nearby. Great price though. Definitely worth the £60 upgrade over the Parva as you get disc brakes, freehub drivetrain and a few other minor upgrades.
I'm still waiting on the subway 1 to go down in price... anyone know the lowest it has been before? And at what time of the year?
Doesn't look like you are under any real concrete obligation to supply a old bike. No mention of punishment if no bike is traded in. Perhaps someone knows more information. There has been quite a few Parva threads recently and as before it's worth pointing out this is a budget compromised version of the Subway with an entry level freewheel based drivetrain. The same type of drivetrain you get on sub £100 bikes. Still a nice bike at a good price but certainly not worth the claimed £300 normal price.