On Wednesday 27th July 2022, the FCA finally confirmed their plans to introduce the ‘Consumer Duty’ which effectively requires firms to operate higher and clearer standards of communication with consumers in relation to the financial services they offer. The Duty is due to go live on 31st July next year and will be based around …
How will the FCA’s new Consumer Duty affect dealerships? Read More »
At DSG, we are constantly coming up with new ways in which we can have a positive impact on our environment. It is with great pride that we can announce that we have been recognised as a carbon neutral business by Plannet Zero. The Road to Carbon Neutrality For many years now, it has been …
It is with great pleasure that we can announce our nomination at the Car Finance Awards 2022 in the Best Service for Dealers category. We’re incredibly proud of all of our team for the hard work and dedication that they have shown this past year that has led to this nomination. Being nominated for this …
During the past year, dealerships have experienced an increase in trading activity. In this article, we look at what has caused this buoyant period, and how rising interest rates will affect profitability in the future. Interest rates: The last 12 months in review On the 28th January 2021, the FCA implemented a groundbreaking regulation that …
How rising interest rates will affect dealer profitability Read More »
1. The ombudsman investigates complaints about electric vehicles; dealers are under pressure In 2021, one-third of the complaints received by The Motor Ombudsman from electric vehicle owners were about point-of-sale difficulties or poor post-purchase customer care. The rest of the complaints were about their electric car, its systems, or critical feature faults, according to the …
We are delighted with the testimonial we have received from Luscombe’s Motors.
Renowned investor, Warren Buffet, is credited with saying: “It’s only when the tide goes out, that you can see who’s been swimming naked”. This analogy is used to demonstrate that when business conditions are easy or favorable, companies can look good and may not pay much attention to areas for improvement – and that it’s …
3 key areas dealers are missing out on that are critical to boosting sales Read More »
Dinnages are a main ford dealer group established in 1935 with three dealers covering East/West Sussex. We had the pleasure of hearing their story and results from using our service. About Dinnages [Ford] “At the time we didn’t have a secured broker option and just had terms with our manufacturer and 2nd finance lender. We were …
Recycling common office items like paper waste, cans, and plastic bottles reduces the need for new materials to be manufactured. This aids in the reduction of energy and resource consumption associated with material extraction and generation processes. Here are a few things DSG are doing to help the environment. Tesla’s All Round Teslas and other EVs …
Established in 2002 in Milton Keynes, Steven Eagell Group is an award-winning company and Britain’s largest Toyota and Lexus retailer. They now operate thirty dealerships across ten counties. From day one, our foremost objective has been to offer complete customer satisfaction to all our customers. This has enabled us to build a large and loyal …
We can introduce you to a limited number of lenders and their finance products. We are not an independent financial advisor; we will provide details of products available, but no advice or recommendation will be made. You must decide whether the finance product is right for you. We do not charge you a fee for our services. Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow). The commission arrangements we have in place vary, depending on how you are introduced to us and with which lender we are able to place you with. When you are introduced to us by a motor retailer, we may be paid a flat fee, regardless of the interest rate you pay, finance product, length of agreement, or amount of finance. We may also be paid a fixed rate of commission, calculated as a percentage of the amount of finance. We will always introduce you to the most suitable finance lender offering you the most appropriate finance product for your needs, and at the best interest rate possible (which is determined by the finance lender) based on the commission we are paid and by your credit profile. The amount of commission we receive and pay, and your credit profile, will impact the amounts you pay under your credit agreement. In both cases, we will pass a proportion of the commission paid to us to the motor retailer that introduced you to us. We may also be paid, and pay the motor retailer, higher commission depending on the type and age of vehicle or based on the finance product you are provided with. In these cases, commission levels vary based on the levels of work required to be undertaken by us and the motor retailer. Whilst we may receive higher levels of commission based on the finance product you are provided with, this is always based on the level of work required in relation to the particular product and we will not seek to secure finance products that are not suitable for your needs.
We may select a lender which is part of our group (Unity Auto Finance Ltd). We will only ever select this particular lender from the panel available to us if it is in your interests and is the most appropriate lender for your particular needs.
If you would like to know how we handle complaints, please ask for a copy of our complaints handling procedure, or click here.
Click here for our Privacy Policy. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at www.financial-ombudsman.org.uk. For free and impartial money advice, contact the Money Advice Service.
DSG Financial Services Ltd is authorised and regulated by the Financial Conduct Authority (Firm reference number – 649675). DSG Financial Services Ltd is a company registered in England & Wales with a company number 02313903. Our VAT registration number is 322 3523 42.
All Rights Reserved. We are a credit broker and not a lender.
