Initial Disclosure

Information about our Finance and Insurance Services

Who are we?

Nationwide Commercials Ltd
Email: nationwide@hirefleet.co.uk
Tel: 0800 861 1001

Who Regulates Us?

The Financial Conduct Authority (FCA) is the independent watchdog that regulates financial services. For the provision of finance, GP Car Sales is authorised and regulated by the Financial Conduct Authority, firm reference number 980483. You can check this information at https://www.fca.org.uk/. Use this information to decide if our services are right for you.

Which Services Will We Provide You With?

GP Car Sales is a credit broker and not a lender. We work with a panel of lenders to provide you with a range of products that may be suitable for your vehicle purchase. We will explain the key features of each finance product available to you from the lenders we work with. You will not receive advice or a recommendation from us in relation to the financial products that we offer. We operate an information-only sales process (non-advised).

  • Credit Agreements - Hire Purchase and PCP (Personal Contract Purchase)

Whose Products Do We Offer?

We work with a panel of hand-selected lenders, including Close Motor Finance. In some circumstances, we may use the services of an external credit broker to secure an offer of finance for you.

Will You Have To Pay Us a Fee For Our Services?

No, we do not charge a fee to arrange any finance agreement. Typically, we will receive a commission from the lender as either a fixed fee or a fixed percentage of 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 from the lender.

The APR may vary according to your credit status, the amount you borrow, or the term you borrow it over. The commission we earn does not change in relation to the type of finance (Hire Purchase or Personal Contract Purchase) you choose or the length of the finance agreement.