Absolutely. There are plenty of people who have a bike with a flat tyre and a rusty chain and no lights or whatever. They might go back to taking the bus or metro, but if they were offered a free service (effectively) to make cycling a viable option, they'll take it.
I know loads of people who cycle to work because of Ireland's Bike To Work scheme. They can all afford a bike without help, but the extra incentive was enough to get them to start cycling.
I know loads of people who cycle to work because of Ireland's Bike To Work scheme. They can all afford a bike without help, but the extra incentive was enough to get them to start cycling.