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London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
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@spenceey
Nope
You sign up for a year. Once the year is over you then pay a small fee (usually 5-10%) to keep the bike for a further 3 years(you pay nothing during this time). After that time the bike is yours.
Once the initial year is over and you've paid all the monthly instalments your then free to buy another bike, regardless of whether you've got a bike in the 3 year lease period still.