Why is there a cost at the end?

• The customer hires the use of the equipment over the Hire Period. To become the owner, the customer needs to pay the HMRC value of the equipment otherwise it is considered a taxable gift in kind. 
• Cyclescheme offer own it now and own it later options.
• More information can be found here: https://help.cyclescheme.co.uk/article/42-what-is-an-ownership-fee