📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Buying a bike that was bought under Cycle to Work

Options
2»

Comments

  • Use a gmail email, go pick the bike up and pay cash.
    They would never be able to find you, And for the people that are paranoid
    set up the email using the library computer
    Owing on CC £00.00 :j

    It's like shooting nerds in a barrel
  • Stigy
    Stigy Posts: 1,581 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 21 November 2016 at 7:57PM
    Nasqueron wrote: »
    As above, until the bike is paid off under the C2W the company owns it - they could sell it and keep up the payments but if not the company could come knocking for it

    Could do, yes. But unlike a car on HP or similar, there's no paper trail or clear registration. It likely not be worth their hassle. As long as the new owner does't give their name and address...Also not a police matter as they'd be hard pushed to prove theft.
  • Nasqueron
    Nasqueron Posts: 10,735 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Stigy wrote: »
    Could do, yes. But unlike a car on HP or similar, there's no paper trail or clear registration. It likely not be worth their hassle. As long as the new owner does't give their name and address...Also not a police matter as they'd be hard pushed to prove theft.

    It's not theft as such no, as you say, no paper trail, no issue and the firm will just get the money from the employee, it's just technically the property of the firm until the "loan" is paid off, you don't know how diligent the seller is going to be

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • They would never be able to find you, And for the people that are paranoid
    set up the email using the library computer
    You mean by first logging in using your library card, issued after confirmation of your name and address?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.