Commission Disclosure

Commission Disclosure

The Financial Conduct Authority expects any intermediary to disclose to the customer that a commission may 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 potential commission we earn

If you would like GWA to disclose any potential Commission disclosure please make your request to our head office address on our contact page or by email to sales@gwacars.com or by telephone: 01243 510650

 

About GWA Cars and Finance

Whose Products Do We Offer?

As a broker we can introduce you to a wide range of finance companies, UK vehicle dealerships and product providers with whom we have commercial agreements in place.

We do not provide independent financial advice and we may be paid a commission for introducing you to them.

This will be an amount that is capped at a percentage of the tax list price of the vehicle.

As a broker we may also receive an extra amount based on how much business they give us and the quality of their service.

The higher the amount paid to the broker, the more you will pay to hire your vehicle.

If you ask, we will tell you (in good time before the agreement is made) the amount of any payments they will receive from the finance company.

Which service will we provide for you?

We will take steps to ensure that, in the course of advising you, we will only make a recommendation, that will be suitable for your demands and needs at the time that the recommendation is made.

In assessing your demands and needs we may seek information about your personal circumstances and objectives which may be relevant, in order to enable us to identify your requirements. It is important that you provide us with accurate and relevant information

Who Regulates Us?

GWA Car and Finance are a credit broker and not a lender. We are regulated by the FCA reference number FRN 674099.

What to do if you have a complaint?

If you wish to make a complaint please refer to our complaints procedure.