Initial disclosure document

The Financial Conduct Authority is the independent regulator of financial services. The Financial Conduct Authority require us to provide you with a document called an 'Initial Disclosure Document'. This document provides information about us, the products we offer, the services we will provide, what we charge for our services, who regulates us, what to do if you have a complaint and details about the Financial Services Compensation Scheme.

This document outlines the administration fee payable to Capital Vehicle Management Ltd (Capital Vehicle Management) in connection with them acting as a credit broker on your behalf. This will involve Capital Vehicle Management recommending products offered by selected lenders.

What services do we provide?

We will provide you with either comparable details of firms most appropriate to your lending or purchase requirements or general information relating to finance products. In assessing your requirements we may seek such information about your personal circumstances and objectives as might be relevant in order to enable us to identify your needs. It is important that you provide us with accurate and relevant information. You will not receive advice, or a recommendation from us, but we may ask questions to narrow down the selection of firms offered, from which you can more easily make your own choice if you so wish.

Whose products do we use?

As an Financial Conduct Authority regulated credit broker we can introduce you to a range of lenders who may be able to help you finance your vehicle and provide other products/services.

Do we charge for our services?

We charge £75+ VAT for our broker related services. We are a commission and fee based organisation which means that we may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with us. These fees may be variable or pre-set dependent on the product and the volume that we place with the chosen supplier.

Capital Vehicle Management will require you to pay a fee of £75 +VAT which will reimburse our costs in connection with acting for you as a vehicle leasing broker.This sum will be payable once the order for your vehicle has been submitted to one or more of our panel lenders. This fee will be payable by direct bank transfer (BACS) to Capital Vehicle Management’s bank account.Capital Vehicle Management Ltd is authorised and regulated by the Financial Conduct Authority (FCA) for credit broking activities. Our registration number is 626159.

Who regulates us?

Capital Vehicle Management is authorised and regulated by the Financial Conduct Authority. Our firms reference number is 672052. You can verify this on the Financial Conduct Authority's Register by visiting the Financial Conduct Authority's website: http://www.fca.org.uk/register/ or by contacting them on 0300 500 8082.

Other services we offer are not regulated by the Financial Conduct Authority however the Financial Ombudsman Services has now been extended to handle some complaints under the Consumer Credit Act.

If you have a complaint

Please visit our complaints procedure page.

Cancellations charges

A cancellation charge of £400+ VAT will be applicable on all vehicles once the order form has been signed.