I got a bike in May 2011 and have used it a considerable amount. I didn't track my miles in the first year or so, but would estimate I've done a total of about 8,000 miles, mostly on poor quality London roads. As you can imagine, that's taken its toll. I've had it serviced a few times, but the general wear and tear is showing. I recently replaced the brake pads, chain and cassette, but I'm told the crankset is worn down, the bottom bracket is pretty much knackered and the rear wheel is beyond repair as well. Its just about ridable, but its noisy and flexes a lot, making it very slow and energy sapping to ride. As my commute is 15 miles each way, its a bit of a pain.
If one were to include a general service, to fit these replacement parts, I'd likely be looking at around £300 or more. I suppose I could do it incrementally, as I have already done with brakes and chainset, but I feel thats its throwing alot of good money at a bike that only £750 3 years ago. I would prefer to get a new bike and sell this one for a little cash to use for future services/parts.
But what is my obligation to the C2W scheme?
I got the bike on a previous companies scheme and paid the typical monthly payments during year 1. I ended up leaving the company about 6 months later and agreed that I would pay 7% of the value of the voucher (full £1000 which I used for several safety and clothing items) there and then - £70.
So does that mean I have to keep the bike until the end of the extended period i.e. 3 years? That would be May 2015. Or, since I've left the company, has ownership been fully transferred to me to allow me to do what I want?
I suppose I could leave it in a shed and perhaps fix it up over time, but space is an issue (with lots of other family bikes), I don't have the cash to fix it up right not and....obviously.....I want a new bike. Therefore, getting rid of it would be preferable.
If one were to include a general service, to fit these replacement parts, I'd likely be looking at around £300 or more. I suppose I could do it incrementally, as I have already done with brakes and chainset, but I feel thats its throwing alot of good money at a bike that only £750 3 years ago. I would prefer to get a new bike and sell this one for a little cash to use for future services/parts.
But what is my obligation to the C2W scheme?
I got the bike on a previous companies scheme and paid the typical monthly payments during year 1. I ended up leaving the company about 6 months later and agreed that I would pay 7% of the value of the voucher (full £1000 which I used for several safety and clothing items) there and then - £70.
So does that mean I have to keep the bike until the end of the extended period i.e. 3 years? That would be May 2015. Or, since I've left the company, has ownership been fully transferred to me to allow me to do what I want?
I suppose I could leave it in a shed and perhaps fix it up over time, but space is an issue (with lots of other family bikes), I don't have the cash to fix it up right not and....obviously.....I want a new bike. Therefore, getting rid of it would be preferable.
