Adults and Children Services
Assisted Car Purchase Scheme for School Staff
Who can have a loan?
Permanent and temporary employees (providing the term of the
loan does not exceed the term of the temporary contract) –
teaching staff, Soulbury and Local Government staff (NJC) are
eligible providing their total annual earnings are greater than
£4,313 per year. Employees serving a probationary period are not
eligible for assisted purchase.
Applicants must possess a current valid driving licence.
How do I apply?
Staff Travel (Pension Services and Staff Travel) have copies of the
full Notes of Guidance which incorporate the application form –
please read these notes carefully before making an application.
You should not commit yourself to the purchase of a car until the
loan is approved. Loans cannot be granted if you have already
bought a car.
How much can I borrow?
The amount you will be entitled to depends on your salary. A
separate sheet giving these details is held within Staff Travel
(Pension Services and Staff Travel) – you can assume around 40%
of your annual salary will be available, subject to the current
The loan will not exceed the purchase price of the car you are
buying less the value of the existing car. An adjustment will be
made for any existing loan outstanding on your present car.
You must finance the purchase from your own resources and the
County Council loan – you should not borrow any part of the
purchase cost from any other source.
How do I repay the loan?
Maximum period for repayment is normally 4 years – less for older
cars and up to 5 years for a first purchase.
Repayments of the loan plus interest will be deducted from your
Are there any other charges?
An administrative charge of 1% of the loan advanced is deducted
from the BACS transfer into the applicant’s bank account.
Are there any rules about the car I want to buy?
For cars over 6 months old an independent engineer’s report will be
required when making the application. This should cover the car’s
condition, value and expected life. Vehicles should not be more than
10 years old by the end of the loan period.
You should ask the vendor if all loans have been repaid on the
vehicle before agreeing to purchase the car.
If you are an authorised car user the vehicle should be suitable for
carrying out your duties.
What other points should I bear in mind?
Insurance – we will require you to insure the car comprehensively
and register it in your own name not in that of your spouse and
The staff Travel Section of Pension Services and Staff Travel will
want to see your insurance certificate, invoice for purchase/sale and
vehicle registration document once you have acquired the car. You
will not be entitled to renew a loan within 2 years in most cases.
If you leave the County Council you must repay the loan unless
your new employer is prepared to take it over.
If you wish to sell the car you must repay the outstanding balance
on the loan.
If your car is seriously damaged or “written off” in an accident it will
be necessary to consult the Staff Travel Section of Pensions
Services and Staff Travel immediately.
What happens when I have made my application?
The Head of Service or his/her Deputy needs to support your
application. This means the Director for Children and Young
People’s Services or their Deputy and not a Headteacher. In the
first instance you should complete and sign the application and
send it to the Staff Travel Section, Pension Services and Staff
Travel. They will arrange for it to be checked and forwarded to the
Head of Service for authorisation.
Assuming there are no queries the application will normally be
processed by the Staff Travel Section within 3 days of receipt after
The Staff Travel Section will let applicants know when an
agreement is ready for signing when this is received back, the
transfer of funds into your bank account will be initiated.
This sheet is intended to give applicants a broad indication of the
car loan scheme. Applicants are strongly advised to read and
comply with the full notes of guidance before making an application.
If you have any queries please contact the Staff Travel Section at County
Hall, Chichester, tel (01243) 777100 ext. 77486 or 77487