We are Bay Vehicles Limited trading as Bay Vehicles. Bay Vehicles Limited is a company registered in England no 06603050 whose registered office and trading address is at 30 Kingsland Road, Canton, Cardiff, South Glamorgan, CF5 1HU.
We are a Franchisee of the Bridle Group which is a trading division of Hanborough Enterprises Ltd to whom we introduce our business under our Franchise Agreement. We are an Appointed Representative of Hanborough Enterprises Limited who is authorised and regulated for consumer credit activities and insurance distribution by the Financial Conduct Authority. Our Firm Reference Number is 498883. Hanborough Enterprises Limited’s Firm Reference Number is 631448. You can check this information at www.fca.org.uk
We are a vehicle finance broker and offer a range of vehicle finance products and services, provided by our panel of lenders. We are not a funder or a lender. We provide a service of providing information regarding the products offered by our funders and introducing you to them for the provision of finance. We do not provide independent financial advice. We may be paid a commission for introducing you to a funder. Our commission amount is capped at a percentage of the taxable list price of the vehicle. We may also receive an extra amount based on how much business we give to the lender and the quality of the business that we introduce to them. The higher the amount that we receive in commission, the more you will pay to hire or finance your vehicle. You may have the right to ask us to disclose the amount that we will receive from providing our service and details of this can be obtained by calling us or referring to our Commission Disclosure Policy on our website.
Bay Vehicles Limited is registered with the Information Commissioners Office for the processing of data and our Data Protection registration number is ZA151133. You can check this information at www.ico.org.uk
We are a broker member of the British Vehicle Rental and Leasing Association and abide by their Code of Conduct. For further information visit www.bvrla.co.uk
We are a credit broker of vehicle finance. We are not a funder or lender.
We make a charge for the service that we provide:
We will charge an administration fee of £175.00 plus vat to business users for our Brokering Services when you place an order. We do not charge an administration fee to private individuals.
We will charge a cancellation fee of £600.00 including vat (£500.00 plus vat). This applies to all customers. If you are a regulated customer, you have the right to cancel the order within 14 days from the date of order without penalty in accordance with the Consumer Contracts Regulations. A cancellation received after 14 days will result in a cancellation fee. Please note that the supplying dealer of the vehicle may also levy a cancellation charge and we will notify you of this within 2 working days of your cancellation.
We will charge an administration fee of £114.00 including vat (£95.00 plus vat) for our services when we arrange a reschedule of your agreement. This applies to all customers. Please note that certain rules apply as to when a reschedule may take place and not all funders will reschedule an agreement. Please speak to us if this may be important to you.
We will charge an administration fee of £114.00 including vat (£95.00 plus vat) for arranging the extension of your agreement. This applies to all customers.
Invoices in respect of our fees are issued on our behalf by our Franchisor and are payable within 7 days. Payment may be made either online using a debit card or by direct bank transfer.
Please speak to us if you are unsure of the contents of this Information Notice.