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Cycle2work
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Cov1
- Posts: 1
- Joined: 22 Oct 2013, 18:31
- Gender: Male
Cycle2work
Hi rmc
I'm interested in the cycle 2 work scheme, bit confused about what happens at the end of the hire agreement....can anyone help ?
I'm interested in the cycle 2 work scheme, bit confused about what happens at the end of the hire agreement....can anyone help ?
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Jamesethefirst
- Posts: 146
- Joined: 10 Dec 2013, 17:48
- Gender: Male
Re: Cycle2work
Dependent on how much you ask for, they take a final payment last time I did it,it was £35. They write to you before the end of the agreement.
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chooch
- Posts: 323
- Joined: 21 Jul 2010, 13:14
- Gender: Male
Re: Cycle2work
and then you get to keep the bike!
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dohnut
- Posts: 658
- Joined: 28 Sep 2007, 17:15
- Gender: Male
Re: Cycle2work
The final payment had gone up to around 10% of the value of the bike, so if your voucher is £1000, expect to pay around £100 at the end of your lease.
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A2B
- Posts: 2025
- Joined: 25 Feb 2009, 19:34
- Gender: Male
Re: Cycle2work
Has it? Any chance of a link please?dohnut wrote:The final payment had gone up to around 10% of the value of the bike, so if your voucher is £1000, expect to pay around £100 at the end of your lease.
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postie222
- Posts: 177
- Joined: 25 Mar 2010, 09:39
- Gender: Male
Re: Cycle2work
http://www.cycle2work.info/?utm_source= ... tAod61kABQ" onclick="window.open(this.href);return false;A2B wrote:Has it? Any chance of a link please?dohnut wrote:The final payment had gone up to around 10% of the value of the bike, so if your voucher is £1000, expect to pay around £100 at the end of your lease.
http://www.cyclescheme.co.uk/" onclick="window.open(this.href);return false;
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arnold cheshire
- Posts: 5309
- Joined: 14 Oct 2010, 21:28
- Gender: Male
- Location: england
Re: Cycle2work
its still 35 pound ive just signed updohnut wrote:The final payment had gone up to around 10% of the value of the bike, so if your voucher is £1000, expect to pay around £100 at the end of your lease.
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arnold cheshire
- Posts: 5309
- Joined: 14 Oct 2010, 21:28
- Gender: Male
- Location: england
Re: Cycle2work
get in quick paperwork needs to go back before the 15th of the monthCov1 wrote:Hi rmc
I'm interested in the cycle 2 work scheme, bit confused about what happens at the end of the hire agreement....can anyone help ?
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trevjim
- Posts: 170
- Joined: 05 Dec 2012, 20:04
- Gender: Male
Re: Cycle2work
I was interested but you can only buy from halfords, whos bikes are mass produced awful things. so not really worth it for me
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arnold cheshire
- Posts: 5309
- Joined: 14 Oct 2010, 21:28
- Gender: Male
- Location: england
Re: Cycle2work
theres a new scheme where you can buy from any cycle retailertrevjim wrote:I was interested but you can only buy from halfords, whos bikes are mass produced awful things. so not really worth it for me
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arnold cheshire
- Posts: 5309
- Joined: 14 Oct 2010, 21:28
- Gender: Male
- Location: england
Re: Cycle2work
http://www.myroyalmail.com/benefits" onclick="window.open(this.href);return false; cycleplustrevjim wrote:I was interested but you can only buy from halfords, whos bikes are mass produced awful things. so not really worth it for me
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trevjim
- Posts: 170
- Joined: 05 Dec 2012, 20:04
- Gender: Male
Re: Cycle2work
bringon4dayweeks wrote:theres a new scheme where you can buy from any cycle retailertrevjim wrote:I was interested but you can only buy from halfords, whos bikes are mass produced awful things. so not really worth it for me
sweeet, cheers brah
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dohnut
- Posts: 658
- Joined: 28 Sep 2007, 17:15
- Gender: Male
Re: Cycle2work
Were did you get that info from, the final payment has changed and is now based on a percentage of value of the bike at the end of contract. I got it slighlty wrong up to £499 its 12% and over £500 its 18% a bit more than £35.00.bringon4dayweeks wrote:its still 35 pound ive just signed updohnut wrote:The final payment had gone up to around 10% of the value of the bike, so if your voucher is £1000, expect to pay around £100 at the end of your lease.
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arnold cheshire
- Posts: 5309
- Joined: 14 Oct 2010, 21:28
- Gender: Male
- Location: england
Re: Cycle2work
ive just signed up it says 35 pound disposal feedohnut wrote:Were did you get that info from, the final payment has changed and is now based on a percentage of value of the bike at the end of contract. I got it slighlty wrong up to £499 its 12% and over £500 its 18% a bit more than £35.00.bringon4dayweeks wrote:its still 35 pound ive just signed updohnut wrote:The final payment had gone up to around 10% of the value of the bike, so if your voucher is £1000, expect to pay around £100 at the end of your lease.
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arnold cheshire
- Posts: 5309
- Joined: 14 Oct 2010, 21:28
- Gender: Male
- Location: england
Re: Cycle2work
If you return the bicycle and safety equipment following the end of the hire period, your employerbringon4dayweeks wrote:ive just signed up it says 35 pound disposal feedohnut wrote:Were did you get that info from, the final payment has changed and is now based on a percentage of value of the bike at the end of contract. I got it slighlty wrong up to £499 its 12% and over £500 its 18% a bit more than £35.00.bringon4dayweeks wrote:its still 35 pound ive just signed updohnut wrote:The final payment had gone up to around 10% of the value of the bike, so if your voucher is £1000, expect to pay around £100 at the end of your lease.
will charge you a fee of £35 (inclusive of VAT) to cover the costs of disposing of the bicycle and
safety equipment.