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. e-car lease will introduce you to a limited number of finance providers which have been carefully selected by us. These are listed in our Initial Disclosure Document for your review. Please note that e-car lease do not provide independent financial advice.

While e-car lease feature headline offers available from our select finance providers that represent the best value based on terms and mileage, the finance providers that we use may make payment to us (or provide us with other benefits) if you elect to enter into an agreement with them. The amount we receive may affect what you pay for your vehicle. The commission received may or may not be capped in accordance with that finance company’s policy.

We may also receive an additional amount based on how much business we provide to that finance company, the types of products you take from the finance company and the quality of our service. This can vary from finance company to finance company.

For regulated customers, you can ask us about the payments we receive from the finance company, so long as this is in good time before the agreement is made.

Because the services you receive from e-car lease are wholly unique for pure electric vehicles, our business will set a commission which is commensurate to the services we provide. In any instance, our business will not charge our regulated customers more than 10% of the P11d of the vehicle. For your reference, this will be 10% of the price shown on each vehicle under “at a glance”.

If you would like to know more or for e-car lease to disclose any potential commission, please make your request in writing to:

e-car lease, Kings Business Centre, Warrington Road, Leigh, WN7 3XG or by email to [email protected]