Be cautious with this service
Be cautious with this service. If the contract is terminated early (for example due to termination of employment), the contributions already paid are lost. In my case, this amounted to approximately €500 after nearly one year.
The advertised savings (up to 40% versus store price due to tax advantages) only apply if the full three-year contract is completed. Early termination, which may be outside the employee’s control, significantly changes the financial outcome.
Additionally, processing costs and delivery fees are included in the calculated “residual value.” As a result, the purchase offer at the end of the contract can be higher than the retail price of the bike. In my case, the quoted buyout price was around 10% above the store price.
Based on my experience, the financial risk lies primarily with the employee. I would not recommend this service.