Right, I’m considering a cycle to work salary sacrifice thing via Cycle Solutions - I’m after (I think) an Aethos Comp with Rival AXS (yes I know I could buy the spec’d wheels and part group off here in the classifieds for under £400 but…) I’ve found one in the sale for £3300 that they are willing to price match, then upgrade slowly etc… I’ve never really considered this route before, I’ve always bought second hand and built stuff myself but I’ve no time and no usable bike and my wife is frustrated with ‘projects’…
My understanding is I can ‘hire’ the bike for 12 months (for something like £120 a month) then agree to borrow it for free for an additional 5 years when the market value drops to £0 and they let me keep it…
This seems like a good solution, what am I missing? 🤷♂️
My understanding is I can ‘hire’ the bike for 12 months then agree to borrow it for free for an additional 5 years when the market value drops to £0 and they let me keep it…
Yes that is right but you have to pay an admin fee at purchase and at the end of 12 month period
Right, I’m considering a cycle to work salary sacrifice thing via Cycle Solutions - I’m after (I think) an Aethos Comp with Rival AXS (yes I know I could buy the spec’d wheels and part group off here in the classifieds for under £400 but…) I’ve found one in the sale for £3300 that they are willing to price match, then upgrade slowly etc… I’ve never really considered this route before, I’ve always bought second hand and built stuff myself but I’ve no time and no usable bike and my wife is frustrated with ‘projects’…
My understanding is I can ‘hire’ the bike for 12 months (for something like £120 a month) then agree to borrow it for free for an additional 5 years when the market value drops to £0 and they let me keep it…
This seems like a good solution, what am I missing? 🤷♂️