roscco
Active Member
- Location
- South Somerset / North Dorset
Hi, has anyone taken up this offer with the Governments cycle scheme? I have question im hoping someone can answer....
Ive done the calculation on the web site but what confuses me.....(which isnt hard..lol)
bike is £999
apply savings and it works out about £574.43
12 x hire purchase payments of £47.87
....... simple i thought.....
But reading into it, it states
" At the end of the hire period the owner of the bike may choose to offer the employee ownership of the bike for a full market value. "
Im confused, havnt you just paid for the bike with the £47.87 a month payment??
(sorry if i have missed something obvious, its been a long cold day cycling and im tired..lol)
Roscco
Ive done the calculation on the web site but what confuses me.....(which isnt hard..lol)
bike is £999
apply savings and it works out about £574.43
12 x hire purchase payments of £47.87
....... simple i thought.....
But reading into it, it states
" At the end of the hire period the owner of the bike may choose to offer the employee ownership of the bike for a full market value. "
Im confused, havnt you just paid for the bike with the £47.87 a month payment??
(sorry if i have missed something obvious, its been a long cold day cycling and im tired..lol)
Roscco