The Financial Conduct Authority (FCA) require us to provide you with an Initial Disclosure Document to help you decide if our services are right for you. This document provides information about Dynamic Vehicle Solutions Limited, the company behind www.dynamic-car-leasing.co.uk, www.dynamic-van-leasing.co.uk and www.dynamic-minibus-leasing.co.uk. It will tell you about 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.
About Dynamic Vehicle Solutions
Dynamic Vehicle Solutions Limited is authorised and regulated by the Financial Conduct Authority. Dynamic Vehicle Solutions Limited is a credit broker, not a lender. We provide motor vehicle finance brokerage services to customers via third party finance providers on business and personal contract hire agreements. Our registered address is at Priory House, 45-51 High St, Reigate RH2 9AE. Our Financial Conduct Authority Firm Reference Number is 669249. You can verify our status on the Financial Services Register by visiting the FCA’s website at www.fca.org.uk or by contacting the contact centre on 0300 500 8082. Some services that 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.
The services 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 so that we can try to match you with the most suitable product.
The products we use
As a Financial Conduct Authority regulated credit broker, we may introduce you to a range of finance providers who may be able to help you finance your vehicle and provide other products/services, such as vehicle maintenance 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. You can ask us for a list of the suppliers who provide our finance and insurance products. All the ancillary products we offer are optional. We may receive a fee for introducing you to one of our many lenders who assist with your agreement.
The charge for our services
We charge a processing fee of £216 including VAT for our services. The processing fee is the broker fee charged by Dynamic Vehicle Solutions Ltd for our service and represents the costs incurred for arranging the sale, ordering the vehicle, arranging the finance and organising delivery of the vehicle. This processing fee is payable by debit or credit card or by BACs payment and is taken once finance approval has been received, along with all relevant paperwork signed by yourself instructing us to place an order on your behalf. Credit card payments will be subject to a 1.95% charge.