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  • 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

  • Is the admin fee standard everywhere? I spoke to someone at Banjo cycles about an Aethos that is on sale, and they told me i would need to add a 15% commission for use of cyclescheme.

  • yeah pretty much, I remember in last time which is easily a decade ago, the shop said they cant sell bikes at discounted price if on C2W. If you calculate the salary sacrifice over 12 months and not plan to stay with your employer for 5 years the diff is quite minimal. Defo less than 15% on Aethos.

    Have balfe's run out of stock?

  • Well, some do, some don't. Bought Ribble Ti gravel when on sale, no admin charged, still got it for sale price.

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