Now, what came to mind is a story about two bicycle fans meeting in the city. As for an easier handling of the story let´s name them A and B. A has bought a new bicycle and B wants to know about it.
See the dialogue:
A: Hi B.
B: Hi A, how does your new bike go?
A: It doesn´t go ....... it cycles.
B: Ah thanks for reminding me. And how does it cycle?
reply of A: It goes well.
Does anyone know other puns?