Status Disclosure

FINANCING YOUR VEHICLE - FREQUENTLY ASKED QUESTION

Who are we?

Max Group One Limited T/as Belle Vue Vehicles
Tel: 0191 270 00 11
Email: [email protected]
Webiste: www.bellevuevehicles.co.uk

Who regulates us?

The Financial Conduct Authority (FCA) is the independent watchdog that regulates financial services.

For the provision of finance, Max Group One Ltd is authorised and regulated by the Financial Conduct Authority, firm reference number 790286.

You can check this information at https://www.fca.org.uk/

Use this information to decide if our services are right for you.

What will you have to pay us for our services?

We do not charge you a fee for our services.

We will typically receive a commission from the lender, as either a fixed fee or a fixed percentage on the amount you borrow. These arrangements are negotiated with our lenders in advance and do not give us any discretion to negotiate or adjust your annual percentage rate (APR) or any other item included in the total charge for credit. The APR may vary according to your credit status or the amount you borrow. The commission we earn does not change in relation to the type of finance (Hire Purchase, Personal Loan or Personal Contract Purchase) you choose or the length of the finance agreement.

At any time prior to concluding your vehicle purchase, if you are an individual, sole trader or small partnership, you are entitled to request details of any commission we will receive as a result of arranging your finance with a lender. This request can be made from the Sales Executive handling your sale, or by contacting [email protected]

If you buy an insurance product we recommend to you, we will make a margin on the sale of that product from the price paid by you. We also receive training support from the insurance administrators.

Which service will we provide for you?

We can introduce you to a number of lenders who may be able to help finance your vehicle.

This group of lenders provides us with a range of products which may be suitable for your vehicle purchase requirements.

We will explain the key features of those products to you and make a recommendation based on the affordability which is suitable for your demands and needs at the time it is made.

We are not Independent Financial Advisers and so are unable to provide you with undependent financial advice. There are also other sources of finance which you may wish to investigate.

We will receive commission payments from finance providers should you decide to enter into a finance agreement with them via us.

Our Insurance Services:

At present we do not offer any insurance products.

What to do if you have a complaint

To register a complaint contact us by either:

Email: [email protected]

Telephone: 0191 270 0011

or write to us at: Belle Vue Vehicles, 18a Wesley Drive, Newcastle Upon Tyne, NE12 9UP