When you lease a benefit bicycle through Lease a Bike, your employer deducts the cost directly from your gross salary (before tax). Combined with your employer contributing its savings on employer contributions and you receiving a tax benefit on the bicycle benefit, this makes it significantly cheaper than buying the same bicycle privately.
Your total savings
Typical savings: You usually save 25–45% compared with a regular private purchase from a retailer.
Tax benefit: You are entitled to a tax reduction of SEK 3,000 per year, which is deducted from the taxable bicycle benefit.
Buyout option: After 36 months, you can buy the bicycle at a favorable market value.
What affects the exact savings?
How much you save depends mainly on three factors:
Bicycle price: The bicycle’s original new value and the selected accessories.
Optional package: Which service package you choose (Basic, Secure, or Worry-Free).
Marginal income tax: Your current salary level and tax rate (a higher marginal tax rate often results in higher percentage savings with a gross salary deduction).
Feel free to use our bicycle calculator to calculate exactly how much you save with Lease a Bike.