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The reason it is capped at a percentage of the bike's purchase price is to limit abuse. If people have to spend a good chunk of their own money they may think t
by mytailorisrich 4y ago
The reason it is capped at a percentage of the bike's purchase price is to limit abuse. If people have to spend a good chunk of their own money they may think twice, if it's a free ebike everyone will take the offer and immediately resell the bike (yay free money).
I'm any case 4k is huge as most ebikes are cheaper than that... I suspect this is just to generate headline with a big number...
- causi 4y agoHow is it a free bike if they have to give up their car to get it?
- mytailorisrich 4y agoIf I have an old car I need to replace I can now have a free ebike, and then I buy my new car...
- lm28469 4y agoOr you could sell your car, or trade in your car (+ money) for another car It's limited to one per person anyways, it's not like the mafia was going to buy 500k cheap cars and get 500k brand new free electric bikes.
- probably_wrong 4y agoYou could buy a really cheap, barely functional car for 1k. You trade it in, get a 6k bike for free, and then you sell the bike.
- ptero 4y agoAccording to an earlier post, the cap is 40% of both bike and car price. If you trade in a car for 200, your max ebike refund is 80.
- ThePadawan 4y agoAs linked in the thread, you must have been the owner of the car for 1 year to be eligible.
- tecleandor 4y agoYou might have a low value car. I just sold my old car for 600€. If I had an offer like this, and I could swap it for an expensive e-bike, even when paying for the 60% of the bike my car would have doubled its "value".