What does it mean? 🤔
With a bike lease via Payflip, you lease a bike as an employee through your employer. You pay with your Payflip budget, making your ride extra tax-friendly. Perfect for anyone who loves cycling for both personal and professional reasons!
💡 You can choose between electric bikes or folding bikes. Other types of transport, like electric scooters, are not available.
💡 You can lease a maximum of 1 bike via Payflip.
How does it work? 🔁
Curious about the range? Take a look at your bike dealer’s website, or pop into a local bike shop. Your dealer will gladly help you find the perfect match.
Already know exactly which bike you want? Go ahead and request a digital quote!
Step by step to your lease bike:
Choose Bike Lease under "Mobility" in your Payflip tool
Register with the bike dealer (your account is created automatically)
Select your bike and request a quote
Accept the quote and submit your choice via Payflip
Your employer approves
The bike dealer orders your bike
Wondering when your bike will arrive? That depends on your dealer’s delivery time. Once your bike is ordered, you can easily track the status via their tool or by email.
Lease period 📆
36 months is the standard lease period. During this time, you’re not the owner—the bike remains property of the dealer.
After the lease period, you have three options:
Buy: Take over the bike for 16% of the original value (residual value). This is optional.
🚨 Note: The takeover price is not included in the net benefit shown in the Payflip tool.
Return: Hand the bike back
New lease: Start a new contract with another (or the same) bike
Leaving the company within 36 months?
Check your employer’s bike policy. Usually, you can buy out the remaining lease or return the bike—this is fully calculated by the bike leasing company. The takeover price cannot be paid with your Payflip budget.
After you leave, Payflip will check whether any costs still need to be paid for your lease period.
✅ Surplus
Is the cost of your benefits lower than your budget at the end of your employment? Then you'll get the surplus paid out as an end-of-year bonus (after social security and taxes).
❌ Deficit
Is the cost of your benefits higher than your budget? Then you’ve actually received too much salary. Your employer may deduct the deficit from your (final) holiday pay, or ask you to repay the difference.
Financials 💰
You’re free to pick your own bike—a €2,000 model? Great! One for €8,000? That’s possible too!
Feel free to check prices on your dealer’s website. Are you an O2O client? Use their handy calculator.
Or simply request a quote for the exact price of your dream bike.
How does it work in Payflip?
The lease price is deducted directly from your Payflip budget: no social security, no taxes. €1,200 budget = €1,200 bike value.
Using your end-of-year bonus budget? The lease price is charged yearly (monthly lease price x 12 months, for 3 years).
Using your bonus budget? The total amount is charged in one go (monthly lease price x 36 months).
But is a bike lease really that much better than buying? 👇
Electric bike – €4,500 retail price – 3-year lease
Private cost for this package: €5,584
Price via o2o Bicycle Leasing: €3,111
Your net monthly contribution: €57.24*
Your benefit via o2o Bicycle Leasing: €2,473
*This depends on your individual situation! For simplicity, we used the average gross salary and withholdings. Calculation based on 36 months and a 16% residual value.
So, a lease is often cheaper, and you get full service without a big upfront investment.
💡 Your lease automatically starts the moment your bike is delivered. Payments start when your lease is approved by HR. Usage and budget accounting don’t always align perfectly.
FAQ ❓
Didn’t find what you were looking for? No problemo! 😎
Check your bike dealer’s website, or contact them directly via their tool or email.
Still have questions? Always check the latest info in your Payflip tool or contact your HR department. We’re happy to help you get rolling! 🚴♂️💨