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Compare Vehicles FCA Brochure V1

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COMPAREVEHICLES.CO.UK<br />

<strong>FCA</strong> AUTHORISED PARTNER<br />

BROCHURE


CONTENT<br />

05<br />

About <strong>Compare</strong> <strong>Vehicles</strong><br />

08<br />

Our partner programme<br />

15<br />

Benefits, Rewards & Commitments<br />

16<br />

Next steps


75 %<br />

This is the percentage of new<br />

vehicle registrations funded using<br />

Personal Contract Purchase (PCP).<br />

(source: FLA July 2017)<br />

ABOUT<br />

COMPARE VEHICLES<br />

Disrupting the existing retail car market to deliver a new an exciting concept which puts the<br />

client first is what we are all about..<br />

<strong>Compare</strong> Vehilcles delivers a genuine ‘all of market’ offering. We provide both<br />

private individuals and business clients a single point of contact from which<br />

they can secure their perfect vehicle.<br />

25 %<br />

So 25% of vehicle registrations<br />

were funded using other means<br />

such as outright purchase,<br />

personal loans and PCH.<br />

At compare vehicles we understand that buying a vehicle in todays market can<br />

often be stressful, frustrating and sometimes overwhelming. We are here, along<br />

with our network of local partners, to help remove this stress and fustration and to<br />

ensure that the experience of finding and funding the clients next vehicle is not only<br />

simple but is also transparent, collaborative and enjoyable.<br />

PAGE 4 PAGE 5


WHAT DO WE<br />

OFFER THE CLIENT<br />

Funding<br />

<strong>Compare</strong> <strong>Vehicles</strong>, is able to offer the full range<br />

of finance products, across a large umber of<br />

At <strong>Compare</strong> <strong>Vehicles</strong> we combine expertise in funding and sourcing to offer a ‘turn<br />

key’ service to our clients.<br />

funders, through our dynamic quoting systems.<br />

Our local partners are able use these systems<br />

to quote, propose and finalise your finance<br />

helping you seure your new or used vehicle.<br />

By utilising our unique network of <strong>Compare</strong> <strong>Vehicles</strong> local partners, we are able to<br />

provide each client with a professional and dedicated point of contact who is available<br />

to guide them through the entire process, answering any questions they may have<br />

and offering advice where appropriate.<br />

The services we offer include:<br />

- All types of vehicle finance<br />

- Sourcing of vehicles from all manufacturers<br />

Sourcing<br />

<strong>Compare</strong> <strong>Vehicles</strong> has a unique panel of<br />

suppliers, cover all of the major manufacturers,<br />

allowing us to provide accurate lead timeinformation<br />

and pricing while at the same time<br />

securing discounts on vehicles which would be<br />

unavailable to the majority of clients.<br />

- Management of the entire process


OUR<br />

PARTNER PROGRAMME<br />

Work with us to provide the highest level of service within the autmotive industry and<br />

develop something special for yourself.<br />

WHICH<br />

PARTNER PROGRAMME IS FOR YOU<br />

At <strong>Compare</strong> <strong>Vehicles</strong> we appreciate that all of our partners are different and have varying requirements and ambitions for the programme. As<br />

such we offer a variety of different opportunities to suit our partner’s experience and situation.<br />

Our ambition is to provide each partner with the necessary tools to work directly with their clients in a professional and timely manner as such<br />

the responsibility for success lies with each partner, so choosing the correct programme is an important first step.<br />

Our partner programme is designed for anyone who wants the necessary tools and<br />

support to build a successful, self employed, career within the automotive industry.<br />

Detailed below are the three partner options available:<br />

There are significant costs in terms of money and time involved when starting up in<br />

the industry. These, coupled with the strict regulatory requirements, mean that the<br />

1 Sole Trader 2 <strong>FCA</strong> Partner Standard 3 <strong>FCA</strong> Parter Premium<br />

effort required to build compliant model on which to develop the business and grow<br />

it are often too great and become a barrier to entry for most.<br />

Our partner programme removes all of the associated costs while ensuring that all<br />

compliance responsibilities are proactively managed allowing our partners to focus<br />

their efforts on driving the business and suppoting the clients.<br />

- Access to dynamic quoting systems<br />

enabling instant quotes across all<br />

available finance tyes.<br />

- State of the art compliance<br />

management system and support.<br />

- Sourcing of new vehicles included.<br />

- Access to dynamic quoting system<br />

enabling instant quotes across all<br />

available finance types excluding<br />

contract hire.<br />

- Compliance management and support.<br />

for new vehicles.<br />

- Sourcing of new vehicles (additional<br />

- Access to dynamic quoting systems<br />

enabling instant quotes across all<br />

available finance types<br />

- Compliance management and support.<br />

for new vehicles.<br />

- Sourcing of new vehicles included.<br />

sourcing fee applicable per vehicle).<br />

PAGE 8 PAGE 9


OUR<br />

TECHNOLOGY<br />

<strong>Compare</strong> <strong>Vehicles</strong> has partnered with industry leaders to provide state of the<br />

art systems for quoting and proposal management. These systems allow our<br />

partners to search the market for the best finance options, propose the finance<br />

in real time and even allow the clients to sign their documents electronically. This<br />

ensures that we can offer the client the best possible service and can arrange<br />

their finance quickly and efficiently.<br />

The systems are not restricted to new vehicle finance but rather give our partners<br />

the ability to support the purchase of used vehicles as well.<br />

As well as our finance quoting systems we also provide access to one of the<br />

leading finance compliance systems on the market. Treating customers fairly is<br />

at the core of everything that we do at <strong>Compare</strong> <strong>Vehicles</strong> and the compliance<br />

software we utilise allows our partners to record every aspect of the sale<br />

and customer journey. We not only work to ensure compliance with the <strong>FCA</strong><br />

regulations but surpass them.<br />

OUR<br />

COMPLIANCE<br />

<strong>Compare</strong> <strong>Vehicles</strong> works with Product Partnerships<br />

Ltd, experts in compliance within the automotive<br />

industry, to provide full compliance management and<br />

support for our partners.<br />

As well as the industry leading management software<br />

we have in place robust processes for everything from<br />

treating customers fairly to compliant handling.<br />

All partners also gain access to online training modues<br />

to ensure they have a good understanding of their<br />

responsibilities with regard to the <strong>FCA</strong> and treating<br />

customers fairly.<br />

PAGE 10 PAGE 11


GENERATE ENQUIRY<br />

WHAT IS YOUR<br />

ROLE?<br />

By building relationships, deveoping your personal and professional<br />

networks and engaging in compliant marketing you will develop a<br />

pipeline of enquiries from which you will generate well qualified leads.<br />

We are looking for partners who want to build a new revenue stream<br />

or use this opportunity to develop their existing business. Crucially we<br />

want to work with anyone who puts exceptional service at the forefront<br />

of everything they do.<br />

Our partners connect the entire process of buying a vehicle to the client<br />

and make the entire journey come alive.<br />

By developing relationships and generating enquiries, our partners and<br />

ultimately their customers, are able to benefit from all of the advantages<br />

<strong>Compare</strong> <strong>Vehicles</strong> are able to offer.<br />

GENERATE QUOTES<br />

Using the well qualified leads you can utilise the systems available to<br />

generate quotes which meet the requirements of the client, whether<br />

they be a business or an individual.<br />

FINALISE AND MANAGE SALE<br />

GENERAL MANAGER<br />

With our support, you will manage the full sales process in a compliant<br />

manner ensuring that the customer receives the best service possible<br />

and all systems are updated appropriately.<br />

PAGE 12 PAGE 13


.<br />

OUR BENEFITS, REWARDS &<br />

COMMITMENTS<br />

Industry Leading Software<br />

Access to industry leading finance quoting<br />

system(s) combining a number of finance<br />

suppliers. Both prime and sub-prime funding<br />

DREAMS<br />

DON’T WORK<br />

UNLESS<br />

YOU DO !!<br />

As a <strong>Compare</strong> <strong>Vehicles</strong> partner we know that you will have a<br />

fantastic opportunity to either build your own future or help<br />

further support an existing enterprise.<br />

However, like anything worth doing this will only work if you are<br />

willing to provide the consistent dedication needed to make not<br />

only this but any business grow.<br />

The rewards outlined on the opposite page can be significant and<br />

with the correct drive and application this will be the rewarding<br />

and enjoyable experience you deserve.<br />

As was previousy mentioned there are two versions of our <strong>FCA</strong> Partner Programme,<br />

each with their own offerings:<br />

<strong>FCA</strong> Standard Programme<br />

Our Standard programme is both free to set up and has no ongoing management<br />

fee. Our partners receive 100% of the available finance commission.<br />

Should you require us to source new vehicles, which are funded through the DSG<br />

Finance system, then a charge of £60+ VAT per vehicle will be applied.<br />

<strong>FCA</strong> Premium Programme<br />

options available.<br />

Quote Management<br />

Fully automated quote management system<br />

with online proposal submission and document<br />

e-signing<br />

Specialist High Net Worth<br />

Specialist division to suport those who wish to<br />

work with high net worth clients<br />

After you are setup as a partner we have a low, fixed cost, monthly administration<br />

fee which covers all aspects from the software to the sourcing. The costs to you are:<br />

Setup fee<br />

Monthly fee<br />

£99+ VAT<br />

£99 + VAT<br />

Our partners receive 100% of the available finance commission on quotes<br />

Vehicle Sourcing<br />

New vehicle sourcing available often at<br />

preferential rates from our panel of preferred<br />

suppliers.<br />

through the DSG system and 65% of the available finance commission on<br />

contract hire business.<br />

PAGE 14 PAGE 15


HAVE<br />

A QUESTION?<br />

We understand that, although you are keen to get going, you may<br />

have some questions and we are happy to answer any that you have.<br />

WANT TO<br />

GET GOING<br />

To arrange an informal chat to discuss your questions please contact<br />

us using the details on the right and we will arrange a convenient time<br />

to call you.<br />

WHO<br />

TO CONTACT<br />

Now that you have reviewed and understand this opportunity and believe<br />

you have what it takes to make this a success get in touch with us using<br />

the contact details opposite and take the next step towards a success and<br />

rewarding future.<br />

Paul Caruana<br />

Director<br />

Email - paul@comparevehicles.co.uk<br />

Phone - 0800 689 3052


IMPORTANT INFORMATION ABOUT<br />

COMPARE VEHICLES<br />

Registered Office: 20-22 Wenlock Road, London, N1 7GU<br />

Company Reg No: 09416859|Data Protection No: ZA230892|VAT No: 208671602<br />

The Clyde & Tay Group Limited T/A comparevehicles.co.uk is authorised and regulated by the Financial Conduct Authority (FRN: 800472).

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