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Just don't sign the 25% final purchase fee.
You can continue the lease for a 7% fee, which you pay at the end of the 12 months. You then use the bike for another 3 years and then the bike is yours. During those 3 years you don't pay anything like you did for the first year.
Make sense?
thing that bothers me slightly is that you don't actually own it until the end of 4 years so if you want to sell it you can't.
good point.
the annoying thing about the fair market value being 25% after 1 year is that if you have a 32% saving and end up paying 25% of that back then you're only saving 7% of RRP which is less than the 10% cost that some companies pass on to you as the admin fee for them participating in the scheme!