Commission Disclosure

The Financial Conduct Authority

The Financial Conduct Authority expects any intermediary to disclose to the customer that a commission will be payable by the owner or creditor to the intermediary, and, if the customer asks, the amount of that commission. The Financial Conduct Authority has made it clear that “commission” means any financial consideration.

If you would like us to disclose any commission please make your request to our head office address on our contact page or by email to hello@automotivescotland.com or by telephone: 01292 627 001

About Automotive Scotland Ltd's Services

Whose products do we offer?

Automotive Scotland Ltd offer products and services from a range of Leasing Companies, UK Vehicle Dealerships and Product Providers with whom we have commercial agreements in place. We are a Commission Based Organisation which means that we receive payments for business introductions. We will receive financial remuneration which may be variable or pre-set dependent on the product and the volume that we place with that organisation. The amounts that we receive may vary.

We act as a credit/lease broker, not as a lender, introducing you to a number of lenders/our partners means we receive a commission. Lenders/partners pay commission at different rates either as a fixed fee or as a fixed percentage of the amount you borrow. The commission that we receive does not affect the amount that you pay to the lender/partner under the credit agreement

Which service will we provide for you?

We will only advise and make recommendations for you after we have assessed your needs. Inline with Treating Customer Fairly & Vulnerable Customer policies.
Once we have provided you with product information enabling you to make your choice about how to proceed.

Who regulates us?

Automotive Scotland Ltd, Westburn Business Centre, McNee Road, Prestwick, Ayrshire KA9 2PB is authorised and regulated by the Financial Conduct Authority.

 

What to do if you have a complaint

Please visit our Complaints Procedure page.