Benefit Cycle – what it means and how you can become the owner of a Livelo
Benefit bike means that you become the owner of a Livelo through your employer or through your own company if you are a sole proprietor, by having the cost deducted from your gross salary. This gives you a considerable financial advantage compared to buying the bike privately. At the same time, you do not have to pay the full amount upon purchase and instead it is divided into monthly payments. There are many players on the market and some also include service and insurance, which makes the arrangement both safe and simple.
See our benefit bike partners here.
Benefit cycle also for sole proprietors
the benefit cycle option does not only apply to employees at larger companies, but you can also use the same system as a sole proprietor through your own company. Costs and benefit values are handled in the same way as for any employer.
How does it work?
Becoming the owner of a Livelo bike as a benefit bike through your employer or as a self-employed person is easy:
Choosing Livelo : Livelo is available in several versions and you choose the one that best suits your needs.
Agreement via partner : The employer or you as a self-employed person orders the bike through one of Livelo's partners who handles the administration.
Monthly payment via gross salary deduction : The cost is automatically deducted from the salary before tax during the term of the agreement, making the bike cheaper than an outright purchase.
Use : During the contract period, the bicycle can be used freely for all needs, both for work and private use.
Low residual value settlement : When the period is over, the bike can be settled for a low residual value, making you the full owner.
Several players in the market
There are several players on the market. On Livelo's website you can find information and contact details for several different companies that offer benefit bikes. Contact your employer to find out who you and your company have a partnership with. If your employer does not have a partnership today or if you are self-employed, you are welcome to contact us at Livelo Bikes and we will help you.
Advantages of Livelo as a benefit bike
Choosing Livelo as your benefit bike offers several clear advantages:
Economically beneficial : Gross payroll deduction reduces the cost because it is deducted before taxes.
Available to everyone : Both employees and self-employed people can take advantage of the offer.
Environmentally friendly and practical : The electrically assisted cargo bike makes everyday commuting, transporting children or goods easier.
Flexible ownership model : The ability to redeem the bike for a low residual value after the contract period makes it a long-term investment.
Conclusion about Livelo Benefit Cycle
A benefit bike is a modern and advantageous way to get a bike, whether you are an employee or a sole proprietor. With Livelo you get access to quality models and you also have the opportunity to buy the bike back at an attractive residual value. It is a smart way to combine economy, sustainability and convenience in everyday life.
Read also: “Why Livelo #2 is the safest family bike”
