1(i) Assisted Car Purchase
A new assisted car purchase scheme is in place from the end of July 1998 with the following conditions:-
- open to essential users only
- up to £7,000 (including trade-in). Depending on the balance in the pot each quarter, this could vary.
- if petrol, maximum 1800cc with catalytic converter
- can be diesel or other more environmentally friendly fuel
Local departmental talks on ‘essential’ designation were due.
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1(iii) Car Leasing Scheme
The car leasing scheme is based on value of car and assessed annual business and private mileage. Employees sign up to a three year deal. If actual mileages differ from the assessed mileages, you may either face a surcharge or a rebate.
No monthly lump sum is paid to lease holders but the lease includes servicing etc. Mileage is paid at the petrol element rate only, much less than the rate if you own your car.
Insurance can be a problem in that there is a compulsory excess. The scheme is taxable.
You can get details of how much a lease would cost you by contacting the car leasing section. UNISON's view is that the current scheme remains unattractive and members should shop around.
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