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Some employers give you the 20% vat back. And you can have a 48 month hire period even though you pay for it over 12. So in the best case a £1000 voucher costs you £800. you save between 30-50% tax and pay a nominal amount to purchase the bike after 48 months. Whats wrong with that?

Why do you think it's the ideal place? Assume just in terms of being descrete. Because otherwise it forces a custom frame, limits motor size, and would be difficult to replace wouldn't it? Edit: misread as in the down pipe