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Car Dealer Magazine

Finance web advice

August 3rd, 2009 by Richard Aucock

finance-industrys-new-web-adviceIMPARTIAL advice on using finance at car dealerships is now available on a new website from the FLA.

Through www.financingyourcar.org.uk, buyers of the 53 percent of new cars purchased using car dealer finance will find top tips.

This should help make buyers better clued up when they visit car dealers.

It supports the recently-launched Specialist Automotive Finance certification scheme – a competence test for showroom staff.

SAF Approved dealers will be able to show a special wall plaque, and use bespoke branded material in dealer showrooms.

Paul Harrison, head of motor finance at the FLA, said: ‘Our new website and SAF initiative will put buyers in the driving seat. The Financing Your Car website will give people more information about the finance options available to them before visiting a showroom.

‘Once in the showroom, SAF Approved will give buyers added comfort that staff can advise them on the deal that best meets their needs.

‘Dealers that apply for SAF Approved are voluntarily adopting the SAF guidance note and the consumer protection it affords.’

It’s got the thumbs up from Lookers PLC director Paul Bentley; ‘Completing this exercise has been a timely reminder to our sales staff as to how valuable it is to understand all the different finance products and legal requirements involved to offer accurate advice to customers when providing finance.’

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