A Biker
Regular
- Location
- Chasing cow's...... Again......
Ok so what the quick run down on this.
Do I own the bike or is it lease ..??
Etc etc etc...
Do I own the bike or is it lease ..??
Etc etc etc...
AHH ok . Well if it get nicked from work it will be a staff member.The place you work for officially own it until you make your final payment,if it gets nicked before then your still liable for the payments
Ok so what the quick run down on this.
Do I own the bike or is it lease ..??
Etc etc etc...
I have sent the request for information to the HR department..My supplier forgot to ask for the final payment for 2 bikes and eventually emailed me to say that they were now mine for no further payment.
You can still get a good deal if you have the cash, but this is worthwhile even if they do insist on the final payment.
How much discount off the price of the bike do you get please? is it 40% and what if you leave the employer do you then just give them a lump sum to cover the outstanding amount?
Loads of people get these them sell them straight away I see it all the time.
We use green commute initiative so the bike is never owned by the employer but by GCI, the employer pays them for the voucher upfront and then collects the amount as salary sacrifice.
GCI lease the bike to you for 12 months, then automatically extend if for another 4 years with no final payment.
For a smaller company they are fab as there is very little paperwork or input needed at the company level.
How much discount off the price of the bike do you get please? is it 40% and what if you leave the employer do you then just give them a lump sum to cover the outstanding amount?
Loads of people get these them sell them straight away I see it all the time.