🛑 Can an employee terminate their rental contract during the LLD period?

✅ Can I terminate my Long-Term Rental (LLD) contract early?

Yes, it is possible to terminate your Long-Term Rental (LLD) contract with BeeToGreen before the end of the term. However, this involves paying an Early Termination Fee (ETF), which depends on the remaining duration of your contract.

1. Amount of the Early Termination Fee (ETF)

📌 For a 36-month contract:

• Between months 7 and 12: 50% of the bike + accessories price (incl. tax)

• Between months 13 and 24: 30% of the bike + accessories price (incl. tax)

• Between months 25 and 36: 20% of the bike + accessories price (incl. tax)

📌 For a 24-month contract:

• Between months 13 and 24: 20% of the bike + accessories price (incl. tax)

2. Want to cancel earlier than the periods listed above?

🚲 Option #1: Pay remaining monthly instalments and return the bike

• You’ll need to pay all remaining monthly payments until the end of your contract (excluding insurance and maintenance).

• Then, return the bike following the return procedure.
  ➡️ [Click here to see the return procedure]

💡 Ideal option if you simply want to end the rental.

🚴‍♂️ Option #2: Buy the bike at a preferential price

• If your bike is still recent, BeeToGreen may offer to sell it to you at a price close to its original value.

• This option allows you to keep your bike while avoiding termination fees.

💡 Ideal option if you wish to keep the bike and avoid early termination costs.

📊 How to estimate the current value of your bike?

A bike naturally loses value over time. Here is an average depreciation estimate based on the original retail price:

• Year 1: -30% → Remaining value: 70%

• Year 2: -20% → Remaining value: 50%

• Year 3: -20% → Remaining value: 30%

💡 Actual value depends on the bike’s condition and maintenance. A well-maintained bike retains value better!