Initial Disclosure Document
Who are we?
Bexhill Motors Ltd
Tel: 01424 222210 Terminus Road branch Bexhill
Tel: 01424 217888 Dorset Road branch Bexhill
Tel: 01323 766442 Eastbourne branch Eastbourne
Who regulates us?
The Financial Conduct Authority (FCA) is the independent watchdog that regulates financial services.
For the provision of finance, Bexhill Motors Ltd is authorised and regulated by the Financial Conduct Authority, firm reference number 831896
You can check this information at https://www.fca.org.uk/
Use this information to decide if our services are right for you.
Which service will we provide you with?
Bexhill Motors Ltd is a credit broker and not a lender.
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 or leasing requirements.
We will explain the key features of any products to you and provide you with information which may suit your requirement based on information you disclose to assist you in making an informed decision on your purchase. We are not Independent Financial Advisers and so are unable to provide you with independent financial advice. There are also other sources of finance which you may wish to investigate.
What we charge for our services:
You will not be charged a fee for us introducing you to a finance provider. We may receive a fixed fee or fixed % of commission from a lender for introducing you to them, calculated by reference to the vehicle model, product, or the amount you borrow. Different lenders may pay different commissions for such introductions, however, any such amount a lender pays us will not affect the interest you pay under your finance agreement, all of which are set by the lender concerned.
Are we covered by the financial services compensation scheme (FSCS)?
Finance products are not covered by this scheme.
Our insurance services:
At present, we do not offer any insurance products.
What to do if you have a complaint?
We hope you are fully satisfied with any products or services received by Bexhill Motors Ltd, however, if there is something you are unhappy with, please contact the relevant team member so we can look to put matters right.
In writing: Bexhill Motors Ltd 14 Terminus Road Bexhill-on-Sea East Sussex TN393LR
By telephone: 01424 222210
For full details of our complaint procedure, please refer to the relevant section on our website.