Who'd own the replacement

[classic33]

Not wanting to derail the thread that threw this up.

A bike bought under the Cycle to work scheme, is written off in an accident/collision.

It's replaced by the drivers insurers, you're left with a brand new bike. But who actually owns it?

 

[Milkfloat]

C2W

 

[Jenkins]

The Cyclescheme is a hire system for the first twelve months, with an extended hire option for the next 3 years and only after that does formal ownership pass to you, so they would own it if you didn't take up the extended hire & transfer option.

 

[Ajax Bay]

Whoever owned the insured bike that had been written off.

 

[Brandane]

It's replaced by the drivers insurers

The new owner (of the wrecked bike, I assume you mean - rather than the new one) would be the driver's insurance company, surely? The new bike belongs to whoever owned the old one, i.e. C2W..