Initial Disclosure Document
Initial Disclosure Document
Who regulates us?
The Financial Conduct Authority (FCA) is the independent regulator of financial services. The
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 Car Planet Ltd, 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.
What products do we offer?
Car Planet Ltd offers products and services from a range of Finance Companies and Product
Providers with whom we have commercial agreements in place. We are a commission and
fee-based organisation which means that we receive commission and fee payments for
business introductions and providing our services. We will receive financial remuneration
which may be variable or pre-set dependent on the product and the volume that we place
with that organisation.
Which service will we provide for you?
Our Finance Services:
For the provision of finance, Car Planet Ltd is authorised and regulated by the Financial
Conduct Authority, firm reference number Insert and is permitted to advise on and arrange
consumer credit contracts. As FCA-regulated Advisors, we can introduce you to a limited
number of lenders and leasing companies (a list is available on request) who may be able to
help you finance your vehicle purchase or provide vehicle leasing solutions. This group of
lenders and leasing companies provides us with a range of products which may be suitable
for your vehicle purchase or leasing requirements. We will explain the key features of those
products to you and make a recommendation based on affordability which is suitable for
your demands and needs at the time it is made. We are not Independent Financial Advisers
and so are unable to provide you with independent financial advice. There are also other
sources of finance which you may wish to investigate. We may receive a commission
payment (s) or other benefits from finance providers should you decide to enter into a
finance agreement with them via us.
Our Insurance Services:
At present we do not offer any insurance products.
What to do if you have a complaint:
If you wish to make a complaint, please contact Car Planet Ltd by telephone or in writing by
referring to our complaints procedure. To register a complaint contacts us by either:
Email: inforcarplanet@gmail.com Telephone: 0207 646 4444 or write to us at Car Planet Ltd
745 High road Ilford IG3 8RN.
