When your employees hire agreement comes to an end, Blike will contact your employee individually with the ownership options. These include:

Trade-out: they can simply return the bike at the end of their plan. There is no ownership payment in this scenario.
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Trade-in: We offer trade-ins on all our bikes which acts as credit towards their next bike with us. We won't charge the ownership payment, so they simply return their old bike and get credit towards their next bike.
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Roll-over: employees can sign a new cycle-to-work agreement at the end of their plan and keep the same bike under our “maintenance and insurance only” service plan which avoids the HMRC ownership payment.
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Buy-out: employees can pay the ownership payment immediately at the end of their plan to keep the bike.