I looked into this a few years back
The scheme that was offered to me was, you agreed to pay a monthly fee and after the set term you owed the final payment.
Now I was told I could either pay the final payment and the bike was yours !
or
You could trade the bike back in to right the final payment off but had to take out a new agreement on a new bike, effectively you leased the bike for a set term then lease a new one and so on.
Hope this explains it
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