Dealer Commission Statement
at Available Car
Dealer Commission
Available Car Limited is authorised and regulated by the Financial Conduct Authority. Available Car is a credit broker and not a lender.
We can introduce you to a limited number of carefully selected lenders and their finance products, which may have different interest rates and charges. We are not an independent financial advisor; but as a fiduciary we will provide details of products available from lenders that we work with, but no advice or recommendation will be made.
We work on a credit score-based model where your credit score determines the best rate we can offer you from our panel of lenders. We will make you aware of all of our lenders offers during your Available Car Journey as the best APR might not always work out the best monthly payment and you must decide whether the finance product is right for you.
We do not charge you a fee for our services. Whichever lender we introduce you to, we will receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow). The lenders we work with could pay commission at different rates. However, the amount of commission that we receive from a lender will not change your quoted monthly payment to that lender under your credit agreement. We will ask you to sign a consent form to make sure we have explained and answered any questions you have on our commission and the products we have offered you.
At Available Car we pride ourselves on offering fair value across all our cars, finance and value added products. We are working on showing the amount of commission earned in our digital offering clearly and transparently but while we develop this should you have any questions regarding our finance commissions prior to discussing finance with one of our team please talk to one of our Available Car team and we will be happy to help. Rest assured we will explain this throughout your car buying journey to give you peace of mind and confidence to buy your next car from a family run business.
All offers and credit subject to status, terms and conditions. Applicants must be 18 years or over.
Our Panel of Lenders
Available Car Limited is authorised and regulated by the Financial Conduct Authority. Available Car is a credit broker and not a lender.
-
Black Horse
-
Santander Consumer UK
-
Startline Motor Finance Limited
-
Evolution Funding Limited
-
Evolution Panel include the below:
-
BNP Paribas Financial Services, Alphera Financial Services, Mann Island Finance Limited, CA Auto Finance, Oodle Car Finance, Blue Motor Finance Limited, Lendable, Marsh Finance Limited, Moneyway Motor Finance, Advantage Finance, Automoney Motor Finance, Billing Finance Limited, Moneybarn Vehicle Finance, Premium Plan Car Finance, Specialist Motor Finance