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@Rockabilly
the new process is better. with the evans ride to work scheme you will by default extend the hire period at no extra cost. if you dont want to do this after your first year then yes you will have to pay the 25%, the only reason for doing this is if you want to sell the bike or leave the company. as the hire period gets longer the percentage at the end of each year will decrease, until it is predicted that the fee would be so minor it would be negligable (3-4 years 5% or something) so you wont pay anything.
after the first year you can get a new ride to work bike, while "hiring" the previous
there is so much anger on here and so little correct information!