From 15% to 20% by the 1st of October 2022
The takeover price will change for all new lease contracts started after October 1st, 2022. The takeover price is determined the moment the bike shop enters your personal order code in the Lease a Bike platform and creates the contract. On this page, we will explain why this is changing and what the change means.
The current takeover price (15%) is based on the estimated economic value of the bike after three years. Due to changes in the market, rising prices and a huge request for bicycles, it appears that the current takeover price (residual value) is no longer realistic. For this reason, the takeover price will be adjusted from 15% to 20% (of the purchase price) for all bicycles ordered after 1 October. As the residual value of the bike is higher, we will depreciate less per month during the 36-month term of the contract. This results in lower monthly lease terms. For all contracts started before 1 October, the takeover price remains 15% of the purchase value.
Are you going to start your leasing contract before 1 October? Then calculate your savings here.
The increase in the takeover price (the residual value) affects the monthly lease cost. Because the takeover price will be adjusted to 20% of the purchase price, the monthly lease costs will be lower. In the calculator above, you can calculate what the leased bike will cost you as of October 1st, 2022.
The change in the takeover price only affects all lease contracts signed as of 1 October 2022. It does not affect lease contracts started before 1 October 2022, or if the lease bike was ordered before 1 October 2022.
All lease bike contracts which started before 1 October 2022 are set at an acquisition price of 15% of the purchase value. The takeover price is determined the moment the bike shop enters your personal order code in the Lease a Bike platform and creates the contract. If this happens before October 1st, 2022, the residual value is 15%. If the bike shop enters the code after 1 October 2022, the residual value will be 20%.
So what takeover price applies to you, depends on the date that the bike shop has entered your order code on the Lease a Bike platform.
No, this change has no impact on the monthly terms and takeover price of bike lease contracts created before 1 October 2022. The creation date is the date that a bike shop uploads your personal code into the platform and hereby creates your contract. The 20% rule only applies to employee contracts signed as of 1 October 2022 and from that time on.
Three months before your bike lease contract expires, you will receive a message from Lease a Bike with the takeover offer. If you choose to take over your bike, you pay the takeover price directly to Lease a Bike through a payment request.
You can also choose to not keep the bike. In that case, you return the bike at the end of your lease contract free of charge.
You always sign a lease contract for 36 months. It may happen that you leave your company early. When this happens, you have a number of options:
1. You find a colleague who wants to take over the existing lease contract
The contract continues and you do not have to pay the remaining lease terms. Your colleague will take over the payment.
2. The contract will be terminated early
If you decide to leave your employer by own choice or if your contract is not extended, there are two options, namely A) take over the bicycle + pay the remaining lease terms or B) do not take over the bicycle + pay the remaining lease terms. By choosing the second option, you agree to return your bike. These options are further described below. The remaining lease terms do not include the cost of the insurance and service and maintenance package.
A. You choose to take over the bike
In this case, you pay off the remaining lease terms plus the takeover price in one net payment.
Example: You have a bicycle of €2500 and pay €90 gross per month (see your own monthly amount on your lease contract in the platform) and decide to leave your company by your own choice after 24 months. You choose to take over the bike. Your employer ends the contract by paying the remaining lease terms minus service and insurance (+/-€23 per month). Afterwards your employer sells the bike to you. This will cost you the takeover price: 12 x €67 = €804 + €500 (20% of the new value) = €1,304.
B. You choose not to take over the bike and to return it
In this case you are responsible for paying the remaining lease terms. Your employer buys out the contract for the remaining terms. Your employer then deducts this from your take-home pay. In line with the example above, this amounts to a deduction of: 12 x €67 = €804.
First you add 7% of the retail price of the bicycle to your income. Then you deduct wage (income) tax from this. This is also shown on the paycheck.
Suppose the new price of the chosen bicycle is € 2,500 and the yearly addition is €175. If you divide this amount by 12 (months), you arrive at €14.58 of addition per month. You add this amount to your gross income. This means that each month tax is also paid on this amount. If you then calculate this again, that extra tax comes down to about € 5 per month.
Our goal is to make it as carefree as possible for you. That's why we provide all our bikes with standard all-risk insurance and 24/7 roadside assistance. In addition, you choose between the following maintenance packages at a competitive rate:
The exact amount for insurance depends on the price of the bicycle. The monthly service and insurance costs are incorporated into the lease amount. The maintenance package includes maintenance, repairs and service work caused by wear and tear (including tires).
We offer all types of bicycles, which is well over 200! From e-bikes to granny bikes and mountain bikes to electric cargo bikes.
As of Oct. 1, 2022, the acquisition price will change from 15% to 20% for all leases entered into after Oct. 1, 2022. In brief:
This change only affects all new contracts after Oct. 1, 2022;
Nothing will change for existing lease contracts;
Did you order your bike before October 1, 2022 and was your order code entered by the bike store? Then the 15% acquisition price applies to you;
Because the residual value (acquisition price) goes up, the lease costs go down;
For more information click here.
Want to know what the lease bike will cost you after October 1, 2022? Click here.
If your organization cannot or will not pay the full lease amount, you can voluntarily offset ('exchange') the lease costs and the service and insurance package against the gross salary. The gross salary then decreases slightly, which also means that there is less tax to pay. This way the gross/net benefit has advantages. Depending on which tax bracket you're in, you can save up to 35% compared to buying a bicycle privately. If your employer also makes a contribution to the lease amount, you save up to 80%!
You can easily combine them with the lease bike. This is how it works:
For commuter kilometers with the lease bicycle you don’t have a right to the untaxed kilometer compensation. But for the kilometers covered by other means of transport - such as your own car or public transport - you may continue to receive the kilometer compensation.
Suppose that before the bike plan, you went to work five days a week by private car. They received an allowance for this. Now that you have a lease bike, you cycle to work two days a week and use your car three days a week. This means that you can continue to pay a kilometer allowance for three days a week. Your employer can reinvest the two days of allowance in the lease amount at no cost, which means you would pay an even lower monthly amount.
With over 1100 affiliated bike stores, there is always one that is near you. You can go to the local bike store around the corner, but also to one of the specialty stores across the country. For purchase and maintenance. This way you can get on their bicycles without a care in the world. Check our dealer locator for all connected bike stores.
Lease a Bike offers four service and maintenance packages at a competitive rate. In addition, we automatically include all-risk insurance for you. Whichever package you choose, the costs are included in the lease price. This can therefore be deducted from your gross salary. Amazing right?
The annual budget available for service and maintenance per package is:
Please note: the budget for the Basic, Standard and Speed-pedelec packages is annual. It is not possible to carry over remaining amounts to the new year.
Absolutely! For a lease bike, accessories can be leased along for 15% of the recommended retail price. The gross/net benefit therefore also applies here. However, this only applies to accessories that can be attached to the bike, such as a different saddle, panniers, crate or new pedals. Exceptions to this rule are a helmet and chain lock. For other "loose" accessories, such as a rain suit, bike computer, this advantage does not apply and they can therefore not be leased.
Keep in mind that you lease any accessories directly along with your bike. As soon as you leave the store with your new bike, the lease contract is activated. After that, no more accessories can be added.
The bottom line is that you may be dealing with one expense:
Absolutely! If the company where you work facilitates the lease bike plan and therefore does not make a monthly contribution, you may pay your monthly costs from your gross salary. This is called voluntary exchange. The ‘Belastingdienst’ (tax authorities) have specified this in the so-called cafeteria plan. Through this construction, your gross salary is temporarily reduced by the monthly lease amount.
If you agree with the company where you work that you will voluntarily exchange your gross salary, you will make arrangements together about how this will be handled in the payroll system and whether it will affect your pension, vacation allowance, bonus or thirteenth month. In our experience, a lease bike does not usually affect this.
In practice, we see that all employers ensure that this has no impact on the aforementioned issues.
A lease bike can have an impact on the amount of an employee's mortgage. An employee (as opposed to someone who is self-employed) does not get a BKR listing. However, it can have a small impact on the amount of the mortgage.
The lease company and the company have a business agreement for leased bicycles, which in principle works just like a lease car.
This means that the mortgage (and possibly other things like rent allowance) is calculated on an amount of €38,800. This of course has an impact on the amount that can be loaned.
After the lease term has expired, you can take over your lease bike from us for about 15% of the new value. The exact price depends on the condition of your bike after 36 months.
Would you rather return the bike? No problem. We'll take it back free of charge. No small print, no worries!
Yes. The company where you work determines the maximum amount. It is important that this is respected.
If you are looking for a bicycle that is more expensive than the maximum amount specified by the company where you work, you will unfortunately not be able to pay the difference yourself. If you do have your sights set on a more expensive bike, you should contact your HR department to discuss the possibilities.
Good to know: even if the company where you work 'merely' facilitates the bike plan, a company bicycle is up to 35% cheaper than a private purchase! This has to do with the fiscal advantage of a company bicycle.
Yes this is possible, but it is good to keep two things in mind:
1. The bike is insured for the sale price. If you trade in your bike, the sale price is lower. This means that if your bike is stolen you will not be able to get the same bike in return.
2. It is more profitable for yourself to arrange this outside the platform. Suppose the value of the bicycle is €500. You then factor this in as a discount on your lease price. Although this reduces the lease price, it is not proportionate to the €500 because you have no gross/net benefit over the €500. It is therefore smarter to get the €500 in cash from the bike store and put the bike on the lease for the full price.
How annoying! Unfortunately this can happen. If your bike is stolen, first report it to the police. It is important that you have both original keys in your possession and that you include the frame number in the report. You can find this number via our platform.
After reporting the theft you go to your Lease a Bike store to fill out a theft form together. This is a digital form that the bike store can find in the platform. The bike store will then request a new bike for you. And in the meantime, you will receive a comparable rental bike - as quickly as possible - for a maximum of seven days. Your contract continues. In case of theft there is no excess, except for a racing or mountain bike. For these bikes, the excess in the event of theft is 10% of the new value.
Do you have a Speed-Pedelec leased bicycle? Then it is necessary to indicate on the report that it is a Speed-Pedelec vehicle. It is mandatory to include the license plate number.
If you notice that you have damage to your bicycle, make an appointment with your Lease a Bike store as soon as possible to fill in a damage form together. This is a digital form that the bike store can find in the platform. After approval, the bike store will repair the damage on the spot. If that doesn’t work, you will be given a comparable replacement bike for a maximum of seven days. Your contract continues as usual. An excess of €25 applies to any damage, except for racing and mountain bikes. For these bikes, the excess is € 50 per claim.
If you have been involved in an accident and there is a third party involved, you can call in the personal injury assistance of DAS. They can hold the insurer of the party that caused the accident liable on your behalf and claim the material and immaterial damage.
Check Das lets injury for more information, or contact the personal injury helpdesk of DAS:
Good to know, they work on a no cure no pay basis. This means that they collect the costs from the insurer of the person who caused the damage. You therefore run no financial risk.
Tip: have you been involved in an accident? Take pictures of the situation and write down the contact details of the other party (parties).
Within each service and insurance package is 24/7 repatriation service included. If you break down on the road you can call the number below and you will be assisted. Please indicate clearly that you have a lease bike from Lease a Bike. The breakdown assistance team provides repatriation throughout the Netherlands and Belgium. From the place where you were stranded to your local Lease a Bike store. If the bike store is not open at that time, you will be taken home.
The phone number of the breakdown assistance team is: 088-1121776.
No, you don't have to. You can visit any Lease a Bike bike store for service and maintenance.
Using the frame number of your bike, the bike store employee can directly deduct the cost of maintenance from your annual budget.
When your bike needs servicing, you can contact a Lease a Bike bike store. By phone or email you can schedule an appointment at your convenience. There are also a number of bicycle stores that offer the possibility to schedule a service online.
Important: Please indicate clearly that it is a lease bike via Lease a Bike and have the contract ID and frame number of your bike ready.
*All service packages include All-risk insurance on damage and theft. And 24/7 repatriation service.
Tip: In the calculator you will find under ''compare service packages'', an extensive overview with the contents of the different service packages.
The service packages include repairs, annual maintenance and/or service work caused by wear and tear that affect the user safety or proper functioning of the lease bike.
Tip: In the calculator you will find under ''compare service packages'', an extensive overview with the contents of the various service packages.
Service, including roadside assistance, is included in the fixed lease price. If your bike is repaired on the spot by ANWB roadside assistance and you have paid for this, you can use this form to claim the costs incurred from us, provided your budget is sufficient.