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Cycle2work

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
Cov1
Posts: 1
Joined: 22 Oct 2013, 18:31
Gender: Male

Cycle2work

Post by Cov1 »

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 ?
Jamesethefirst
Posts: 146
Joined: 10 Dec 2013, 17:48
Gender: Male

Re: Cycle2work

Post by Jamesethefirst »

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.
chooch
Posts: 323
Joined: 21 Jul 2010, 13:14
Gender: Male

Re: Cycle2work

Post by chooch »

and then you get to keep the bike!
dohnut
Posts: 658
Joined: 28 Sep 2007, 17:15
Gender: Male

Re: Cycle2work

Post by dohnut »

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.
A2B
Posts: 2025
Joined: 25 Feb 2009, 19:34
Gender: Male

Re: Cycle2work

Post by A2B »

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.
Has it? Any chance of a link please?
postie222
Posts: 177
Joined: 25 Mar 2010, 09:39
Gender: Male

Re: Cycle2work

Post by postie222 »

A2B wrote:
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.
Has it? Any chance of a link please?
http://www.cycle2work.info/?utm_source= ... tAod61kABQ" onclick="window.open(this.href);return false;

http://www.cyclescheme.co.uk/" onclick="window.open(this.href);return false;
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: Cycle2work

Post by arnold cheshire »

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.
its still 35 pound ive just signed up
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: Cycle2work

Post by arnold cheshire »

Cov1 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 ?
get in quick paperwork needs to go back before the 15th of the month
trevjim
Posts: 170
Joined: 05 Dec 2012, 20:04
Gender: Male

Re: Cycle2work

Post by trevjim »

I was interested but you can only buy from halfords, whos bikes are mass produced awful things. so not really worth it for me
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: Cycle2work

Post by arnold cheshire »

trevjim 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
theres a new scheme where you can buy from any cycle retailer
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: Cycle2work

Post by arnold cheshire »

trevjim 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
http://www.myroyalmail.com/benefits" onclick="window.open(this.href);return false; cycleplus
trevjim
Posts: 170
Joined: 05 Dec 2012, 20:04
Gender: Male

Re: Cycle2work

Post by trevjim »

bringon4dayweeks wrote:
trevjim 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
theres a new scheme where you can buy from any cycle retailer

sweeet, cheers brah
dohnut
Posts: 658
Joined: 28 Sep 2007, 17:15
Gender: Male

Re: Cycle2work

Post by dohnut »

bringon4dayweeks wrote:
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.
its still 35 pound ive just signed up
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.
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: Cycle2work

Post by arnold cheshire »

dohnut wrote:
bringon4dayweeks wrote:
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.
its still 35 pound ive just signed up
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.
ive just signed up it says 35 pound disposal fee
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: Cycle2work

Post by arnold cheshire »

bringon4dayweeks wrote:
dohnut wrote:
bringon4dayweeks wrote:
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.
its still 35 pound ive just signed up
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.
ive just signed up it says 35 pound disposal fee
If you return the bicycle and safety equipment following the end of the hire period, your employer
will charge you a fee of £35 (inclusive of VAT) to cover the costs of disposing of the bicycle and
safety equipment.