50% of your monthly payments go towards owning the bike. You can own it at any time by paying the remaining value (or keep for free at the end).
Here’s an example:
Bike £2000 + Lock £150: £2,150
Monthly subscription: £110
50% credited towards ownership: £55 per month
To pay off the Equipment in full:
£2,150 ÷ £55 = 39 months
i.e. because 50% of your monthly subscription is credited towards ownership, you would fully pay off a £2,000 bike in around 40 months (just over 3 years).
The other 50% pays for insurance, finance, servicing and the flexibility to cancel or swap at any-time.
Take a look at our Bikes HERE
