Who owns the bike under the cycle scheme?
It is important to bear in mind that the goods and the Bike are the property of Cyclescheme but that the employee is totally responsible for the bike during the initial hire period.
When your Hire Agreement and Salary Sacrifice ends, you can keep your bicycle/equipment by making an additional payment. Cyclescheme will contact you regarding ownership options at the end of your Hire Agreement. Please make yourself familiar with these options as they are additional costs incurred.