as the title says i dont really get the cycle to work scheme. from what i understand you "borrow " your new bike from your employer then you pay X-amount monthly before your tax and n.i are deducted saving you X-amount per month on you tax and n.i? then after a year you pay X-amount to your employer and you keep the bike? i was told by my employer that the final payment would be low?? (in the tens of pounds) is this at all right?