Everything You Need To Know About Cycle To Work | Tredz | Online Bike Experts

[@olympusmons9398]

This is all the positives and non of then negatives, Bike ownership, employer can send it back, what happens if you leave, fee for transfer at the end, etc

[@dalebelfield3525]

This company is brilliant and the quick startup guide awesome on the road within 10 minutes fantastic thanks again and the mechanic who set up my bike 🚴

[@petercooling3503]

What happens if you leave the company?

[@vdgrass]

thanks a lot for the info..... however Rob's body movement is annoying, sorry to mention....

[@jacekratajczak2357]

Whats next if my hire agreement after 12 months is finished?Can i keep the bike?

So who pays for the bike??

[@UnitedKingdomRC]

I think this is a big scam, no one wants to talk about you not actually owning the bike, and that you can buy the bike at the end of it for X amount… why not be clear on it unless it’s dodgy.

[@UnitedKingdomRC]

@@WORKEVERYWEEKEND I did. I ended up getting one, I don’t own the bike for 3+ years though, while the HMRC wait to write off the asset value. So I was right in the big scam part, just not who it was aimed at. However, ironically you should look up how the scheme works as the amount you can borrow is entirely dependent on what your company decides. My scheme was limitless, I think that still maxes out at 10k though, can’t remember. I spent 5k.

[@HannahMorganMusic]

That was really helpful! Diolch yn fawr 🙌

[@Yvanylda]

🤔 Why not put money aside and buy a bike? With this scheme, the bike will not belong to me, until I pay for it (12 months). It will belongs to the Company. No thanks!

[@BabyCowGoingmadinafield]

it is your bike, you just got a loan for it from the company and you pay it back before tax is taken out so if you are on a high rate of tax you save 50% of full price.