It probably depends on who's running your scheme & maybe on your earnings? If you are a higher tax rate payer then you'll save more on your monthly payments. The final value figure seems to be nearer to a true value of the bike, rather than another months payment, so the scheme isnt as attractive as it used to be. If you look at it like an interest free loan, its not too bad.
my employer is running a new scheme in the new year & i'm considering it

n+1 & all that