Early termination of a bike contract

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What are the options?

1

Another employee within the company takes over the lease bike

One of the colleagues takes over the current lease contract so that the outstanding term of the contract continues. This is free of charge for employee and employer. The colleague who takes over the contract can eventually take over the lease bike. Send an email to [email protected] with the name of the colleague who wishes to take over the bike, and we will arrange this for you.

2

Take the bike leasing contract to a new employer

When an employee leaves employment, it is also possible to take the lease contract to the new employer. This is free of charge for all parties. Send an email to [email protected] with the details of your new employer and we will arrange this for you.

3

End the leasing contract: take over the bike

You can use the calculation tool below to calculate your early termination fee.

4

End the leasing contract: without taking over the bike

You can use the calculation tool below to calculate your early termination fee. If you do not want to take over the bike, you can bring it in to your local bike dealer. Upon termination of the contract, we will arrange this further with you.

Early termination

Calculate the remaining costs
Please enter your Contract ID
When do you want to end the contract?*
*Note: the calculation is based on full months. Please submit your termination request before or on the 20th of the month in order to end the contract on the first of next month.
Do you/does your employee want to takeover the bike?
No
Yes
Remaining months: 
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Total cost including VAT: 
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Show calculation overview
Contract ID
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Take over bike
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Remaining months
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Residual value incl. VAT
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Contractual takeover price incl. VAT
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Current market price incl. VAT
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Total to pay incl. VAT
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Receive your calculations

Are you an employee?

Do you want to terminate the contract under these conditions and are you an employee?
Please contact your business manager to submit this application for you.

Are you a business manager?
Then enter your email address to start the early termination application and to terminate this contract. You will receive a copy of the calculation by email.

Success! We have emailed this calculation to you.
Please enter a valid email address
Send

Frequently Asked Questions?

How did the calculator calculation above come about?

Did your contract start before 1/1/2023 and is it active for more than 12 months:

You pay the remaining leasing amounts (without service and insurance costs).

Did your contract start before 1/1/2023 and is it active for less than 12 months:

You pay the remaining leasing amounts and for month 1 tot 12 you also pay the remaining service and insurance costs.

Did your contract start after 1/1/2023 and is it active for more than 12 months:

You pay the remaining leasing amounts (without service and insurance costs) if you wish to take over the bike.

You have the possibility to hand in the bike free of charge (in this case you do not take over the bike and you do not pay the remaining leasing amounts).

Did your contract start after 1/1/2023 and is it active for less than 12 months:

You pay the remaining leasing amounts (without service and insurance costs) if you wish to take over the bike.

You have the possibility to hand in the bike (in this case you do not take over the bike), you only pay the remaining leasing amounts until 12 months. For example, if your contract was running for 5 months, you would pay 7 months.

How is the amount settled?

The final settlement is invoiced to the employer, who can then pass it on to the employee e.g. via outstanding holidays or 13th month.

Can I also take over the lease contract privately?

Unfortunately, Private Lease is not an option and only the above options are available to terminate the lease contract before its end date.

Will the service & insurance component also be discontinued or will it still continue until month 36?

As soon as your lease contract is terminated, your service & insurance also stops. From this date, you are no longer insured against damage or theft. You can also no longer have maintenance carried out. We recommend insuring your own bike and maintaining it properly for years of cycling pleasure.

Can the early termination costs be settled through the employees' gross salary or is this net?

When the lease is terminated, the costs can only be settled with the employee as a net cost. It is no longer possible to offset it against the gross salary because the tax benefit also expires when the lease is terminated.

Can the employee have another service carried out before the lease is terminated and the bike becomes property of the employee?

Of course you may, just make sure that this is done before the specified date when the lease is terminated. After that, it is in fact no longer possible.

Can the costs of early termination also be paid in installments?

Unfortunately, this is not possible.