My first Tesla was Black Horse HP- the Tesla system and Blackhorse were reasonably integrated. Does anyone know if Tesla\Blackhorse had a discretionary commission arrangement in place?
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Has anyone already done this and received a reply?Fill out the motor commission information request:
Commission checker
This was only on TV (ITV) last night. You might be able to watch it on itvX. He explains it all there as well as answering this question.Has anyone already done this and received a reply?
I was involved in the motor finance trade
Presumably the lender was tied to the manufacturer - like Ford Credit, Volvo Finance etc? This would typically be the case on most new car sales offers like the 0%, 4.9% etc, clearly just a means of subsidising additional sales. The 0% Ford Credit offered required a 50% deposit so the lending was low risk, the 'win' for the finance co was access to a customer with good credit standing and the scope to sell more financial products, plus it enhances the risk profile of their lending book.I bought a car (from a dealer, ages ago). Can you explain this please?
I was a cash buyer. Dealer offered me 0% finance over 3 years. I said "I'm happy to pay cash, upfront. What's the discount for cash?"
Absolutely no discount for cash. Well OK, fair enough, I'll take the finance.
So I had the use of the money, over 3 years, and the finance company was without the use of that money ...
So my question is: How was money made?
it enhances the risk profile of their lending book.
The volume bonuses were retrospective so reaching a particular threshold could trigger an increase on bonus for all sales in that period, meaning there were occasions at the end of a Qtr the dealers were almost 'giving the cars away'.
They quoted Black Horse as being one of the lenders who has confirmed them DID NOT have a DCA. I wondered as my own agreement was with Black Horse.
Same here, and 2 to black horse as well.Fired off a pair of emails to BMW and one to Audi/VWFS. Let’s see how I get on
I'm sure you can apply but if you didn't pay any interest what are you claiming?Does anyone know if you can still apply even if you settled within the 14 day cooling off period or will you have had to actually paid some interest to claim back some money?