Luscombe Motors Limited is an Appointed Representative of Automotive Compliance Ltd,
who is authorised and regulated by the Financial Conduct Authority (FCA No 497010).
Automotive Compliance Ltd’s permissions as a Principal Firm allows Luscombe Motors
Limited to act as a credit broker, not as a lender, for the introduction to a
limited number of lenders and to act as an agent on behalf of the insurer for
insurance distribution activities only.
We can introduce you to a selected panel of lenders, which includes manufacturer
lenders linked directly to the franchises that we represent. An introduction to
a lender does not amount to independent financial advice and we act as their agent
for this introduction. Our approach is to introduce you first to the manufacturer
lender linked directly to the particular franchise you are purchasing your vehicle
from, who are usually able to offer the best available package for you, taking
into account both interest rates and other contributions. If they are unable to
make you an offer of finance, we then seek to introduce you to whichever of the
other lenders on our panel is able to make the next best offer of finance for you.
Our aim is to secure the best deal you are eligible for from our panel of lenders.
Lenders may pay a fixed commission to us for introducing you to them, calculated
by reference to the vehicle model or amount you borrow. Different lenders may pay
different commissions for such introductions, and manufacturer lenders linked
directly to the franchises that we represent may also provide preferential rates
to us for the funding of our vehicle stock and also provide financial support
for our training and marketing. But any such amounts they and other lenders
pay us will not affect the amounts you pay under your finance agreement, all of
which are set by the lender concerned. If you ask us what the amount of
commission is, we will tell you in good time before the Finance agreement is
executed. All finance applications are subject to status, terms and conditions
apply, UK residents only, 18’s or over. Guarantees may be required.
Registered Address: Low Road, Hunslet, Leeds, West Yorkshire, LS10 1QR