How we are paid
We don't earn anything until you've placed an order. Whether that's on a finance contract or a subsidiary product, our income is directly tied to your decision to proceed.
If something isn't right, or if your credit application is unsuccessful, you won't be charged.
We may receive income from several sources when a lease is arranged. Not every source applies to every order. The main sources are:
- Arrangement fee: A one-off fee payable at the point of order. This covers sourcing your vehicle, arranging the order with the supplying dealer, and supporting you through the vehicle ordering and finance application process. The arrangement fee is separate from your finance agreement with the lender.
- Cancellation, rejection and amendment fees: Cancellation, rejection and amendment charges may also apply where initiated by you. All applicable charges are disclosed on your order form and in our cancellation policy.
- Commission from finance providers: Lenders pay us a commission for introducing the agreement. This is always included in the figures you see and affects the total amount payable over the duration of your agreement. The confirmed commission amount will be disclosed on your order form, which is the earliest point at which all details are finalised. You have the right to ask us to disclose the amount of commission we receive from the finance provider at any time. To proceed with your order, you will be asked to acknowledge and consent to our receipt of commission.
- Funder support: In some cases, lenders provide an additional fee to Carparison, which may be fixed or volume-based. Where applicable, this is reflected in the commission value disclosed to you. Retrospective adjustments will not affect the financial figures quoted to you or the terms of your finance agreement.
- Additional income: We may receive a fee from the supplying dealership, manufacturer, or subsidiary supplier. This is always standardised and never variable per individual transaction. In some cases, we may resell vehicle stock at a price above our purchase cost.
At Carparison, we calculate fees based on the total work, risks, and costs involved in arranging your specific lease deal, including our commission. Where possible, simpler deals attract a lower fee, while more complex deals are priced accordingly. But your exact fee is always shown upfront.
No surprises.
Income streams can change. This information is accurate at the time of publication but is subject to change.