Yep, you essentially pay for the hire over 1-year on Cyclescheme regardless, but have the (recommended) option to set the hire period for transfer of ownership after 4-years. This reduces the value of the bike when you ‘buy’ it out of the scheme, so makes it cheaper overall. You still pay the bubble fee after a year, however.
Yep, you essentially pay for the hire over 1-year on Cyclescheme regardless, but have the (recommended) option to set the hire period for transfer of ownership after 4-years. This reduces the value of the bike when you ‘buy’ it out of the scheme, so makes it cheaper overall. You still pay the bubble fee after a year, however.