This smells like a broke-ass hipster artist-in-his-own-mind trolling for a free bike to use.

Personally, I'd say "no", but then I'm a grumpy old man who enjoys pissing off hipster kiddies.

You can do whatever you want, just don't be surprised if the bike comes back in damaged condition. Or if it doesn't come back at all.

Make sure your insurance agent knows about the bike and what you intend.