As a member of the Bike Club, you can buyout anytime
If you have made 32 months of payments for the same bike, you can keep it at no extra cost. After 32 payments, your bike automatically becomes yours.
Alternatively, you can choose to buy the bike early by buying out your bike’s contract with us. This is a quick and simple process:
1. To find out your buyout price, get in contact with the team via our website’s live chat or email us at firstname.lastname@example.org.
2. We can then look up your subscription details and work out how much it would cost for you to buy out your bike’s contract.
The price you pay will be calculated as the sum of the monthly payments already made, deducted from the RRP:
RRP - sum of monthly payments made = buyout price
For example, if you have a new Forme Kinder 24 at £14.40 per month and have made 12 monthly payments, the calculation would be:
£339.99 (RRP) - 172.80 = £167.19
3. If you’re happy to ahead, we’ll then charge this as a one-off payment through your GoCardless account. Your subscription will then be cancelled by us.
Congratulations, your bike is now yours! We hope that you continue to enjoy endless hours of cycling!