Commission Disclosure Document
As a Financial Conduct Authority regulated credit broker, Nationwide Vehicle Contracts will introduce you to finance providers who may be able to help you finance your vehicle and/or provide other products/services, such as vehicle maintenance, Asset Protection Insurance, and servicing packages.
We will only offer products from a carefully selected panel of finance providers. We will not refer you outside of this panel without your consent. You can ask us for a list of the suppliers who provide our finance and insurance products. All the products we offer are optional.
Nationwide Vehicle Contracts will always feature headline offers available from our panel of finance providers that represent the best value based on terms and mileage. The selected finance providers will be made known to you at the point of quotation on request.
We will receive a commission or other benefits from one of our finance providers should you decide to enter into an agreement with them as a result of our introduction, or from another credit broker to whom we refer you should we be unable to arrange funding for you. In some instances, we may receive a commission from the vehicle supplier. These payments could be reflected in the monthly lease rate that you pay for your vehicle. The amount of commission received may vary depending on the funder or supplier selected, the terms of the funding and other criteria, such as achieving high levels of customer service. Some funders or suppliers may also pay us an additional commission based on commercial volumes. We will disclose the commission amount we receive and the finance company providing the payment prior to sending your finance agreement and may ask for your consent to proceed. You may also be required to sign a document confirming your acceptance and understanding of this disclosure.
If you would like more information regarding the disclosure of commissions, please e-mail: [email protected]