Terms and Conditions
Calculator Terms & Conditions
We’ve done our best to give you a calculator that helps you understand time and money spent commuting, but the figures are indicative only and based on general assumptions. We’ve explained below the figures and formulas to get to the final figures. Oh and there is no inflation included in the calculation.
The current annual journey time is calculated on the total return journey time entered x 232 days (based on a 5 day working week x 52 minus 28 days (20 days statutory holiday + 8 bank holidays)
The current annual journey cost is calculated on the total monthly cost entered x 12 months
The lifetime commute time is calculated on the total annual commute time x the number of years left until retirement (set at 68 years)
The lifetime commute cost is calculated on the total annual commute cost x the number of years left until retirement (set at 68 years)
‘Model’ used for comparison is the Piaggio Liberty 125 OTR price £2,599 as of 01.03.17
Official WMTC (World Motorcycle Test Cycle) fuel consumption for Liberty 125 is 40km/l or 113mpg as of 01.03.17
Fuel costs are calculated on the national average* unleaded fuel cost of 120.15 pence per litre (*as of 01.03.17)
Annual cost comparison is calculated on outright ‘Model’ purchase (divided by 5 years, assuming like-for-like model replacement every 5 years at the OTR price of £2,599), plus annual road fund licence at current rate of £18 per annum, plus £50 per annum CBT allowance (based on approximate price of £100 for a 2 year CBT), plus annual return journey distance x official WMTC fuel consumption
Lifetime cost comparison based on Annual cost x number of years left to retirement assumed at aged 68
The annual comparison time is based on a return journey and is calculated using Google Maps default algorithm, excludes motorway routes and is based on the most direct route. The route calculated does not take into account for diversions, road closures or any other unforeseen circumstances that would prevent the most direct route form being used
Lifetime journey time comparison based on Annual comparison time x number of years left to retirement assumed at aged 68
All figures are correct at the time of publishing (01.03.17) and are subject to change
All costs, where applicable, include VAT at the current rate of 20%
All cost comparisons exclude:
- Annual insurance which is subject to individual circumstances
- Servicing and repairs
- Riding clothing and/or accessories
All Piaggio scooters comply with European Community Emissions regulations in observance of the atmospheric and sound pollution limits. The company reserves the right to make technical, specification and aesthetic changes at any time.
Ride carefully, always wear a helmet and suitable protective clothing and always comply with the rules of the road and respect the environment.
Piaggio & C. SpA - #PiaggioTime 2017 Win a Scooter Draw (“Draw”)
Terms & Conditions
Document created 31st March 2017
1. Promotor’s Name and Address
a. Please read these terms and conditions carefully. By entering into this #Piaggiotime 2017 Win a Scooter prize draw (“Promotion”), you agree that you have read these terms and that you agree to them. Failure to comply with these terms and conditions may result in your disqualification from the Promotion.
b. This Promotion is run by Piaggio & C. SpA, a company registered in Italy with registered office at Viale Rinaldo Piaggio, 25-56025 Pontedera (PI) (“Promoter”).
2. How to participate
a. The only way to enter this Draw is by completing and submitting the online form found at www.piaggiotime.co.uk.
b. Your full name, email address and confirmation of acceptance of the terms are required for an entry to be eligible. Entries which are incomplete, misspelt, inaudible, or incomprehensible are void and will not be entered into the Promotion.
c. No purchase is necessary to enter this Draw.
3. Start date
The Draw will commence on Thursday, 1st June 2017.
4. Closing Date
The closing date for entries will be midday on Friday, 30th June 2017.
5. Selection of the winner
a. The Draw will take place on Wednesday, 5th July 2017.
b. The Draw will be performed manually and at random by an independent, impartial individual.
c. The Draw will be witnessed and the results recorded.
6. Restrictions and Requirements
a. To enter this Promotion you must be a resident of the United Kingdom, aged 18 years old or over at the time of entry and you must hold a valid UK driver’s licence, with entitlement to ride a 125cc scooter, including a valid CBT certificate, if applicable.
b. This Promotion is not open to directors or employees (or members of their immediate families) of the Promoter or any dealer or agency of Promoter. The Promoter reserves the right to verify the eligibility of entrants.
c. There is a restriction of one entry per eligible person.
d. Promoter accepts no responsibility for any entries that are incomplete, illegible, corrupted or fail to reach the Promoter by the closing date for any reason.
e. Proof of sending is not proof of receipt. Entries via agents or third parties are invalid. No other form of entry is permitted.
7. The Prize
a. The prize for this Draw is a new, 2017 model year Piaggio Liberty 125cc scooter (the “Prize”). The Prize includes the first registration fee and one year’s road tax, but excludes insurance.
b. It is the winner’s responsibility to provide the Promoter with a valid insurance certificate for the Prize, prior to collection, to enable the Prize to be registered in the winner’s name.
c. The winner is responsible for all applicable taxes and expenses not specified in the description of the Prize.
d. The Prize cannot be substituted or replaced for any alternative and there is no cash prize available. The full specification of the Prize can be found at www.uk.piaggio.com/piaggio/UK/en/modelli-intro/models/smart/new-liberty/
8. Notification of the results and receipt of the Prize
a. The winner will be contacted within three 3 working days of the Draw date. The winner will be required to confirm acceptance of the Prize within ten 10 working days and may be required to complete and return an eligibility form stating their age and residency details, amongst other details.
b. The Prize will be available for the winner to collect within thirty 30 days of the Draw date, from an official retailer nominated
by the Promoter.
c. If the winner does not accept the Prize within ten 10 days of being notified, or collect it within ten 10 days of receiving notification of its availability, they will forfeit the Prize and the Promoter reserves the right to choose another winner. The Promoter’s decision is final and Promoter reserves the right not to correspond on any matter.
a. The name, area of residence and likeness of the winner may be used by the Promoter for reasonable post-event publicity in any form including on the Promoter’s website and social media pages, in advertising for #Piaggiotime at no cost.
b. You can find out who has won a prize by sending a stamped self-addressed envelope to Piaggio & C. SpA, a company registered in Italy with registered office at Viale Rinaldo Piaggio, 25-56025 Pontedera (PI), 30 days after the closing date.
c. The Promoter reserves the right to cancel or amend these Terms and Conditions or change the Prize (to one of equal or greater value) as required by the circumstances.
d. The Promoter is committed to protecting your privacy. Data we collect from you is used lawfully in accordance with the Data Protection Act 1998, and will be used solely for the purpose of the Draw and for the benefit of the Promoter.
e.The Promoter will not pass your details to any third party without your written permission.
f. Entrants have the right to access information we hold about them. To obtain such information a request in writing is required.
g. The Promoter may at its sole discretion disqualify any entrant found to be tampering or interfering with the entry process or operation of the website, or to be acting in any manner deemed to be disruptive of or prejudicial to the operation or administration of the Promotion.
h. Other than for death or personal injury arising from negligence of the Promoter, so far as is permitted by law, the Promoter hereby excludes all liability for any loss, damage, cost and expense, whether direct or indirect, howsoever caused in connection with the Promotion or any aspect of the Prize. All activities are undertaken at the entrants own risk. Your legal rights as a consumer are not affected.
i. These terms and conditions shall be governed by and construed in accordance with English law. Disputes arising in connection with these Terms and Conditions shall be subject to the non-exclusive jurisdiction of the English courts.