Motor Finance

Motor guidance


 These documents are stored in Adobe PDF format. Get Adobe Acrobat Reader

DVLA Accredited Trade Association Code of Practice
(PDF 43Kb)

The FLA is pleased to announce that it has been accepted by the Driver and Vehilce Licensing Agency (DVLA) as an Accredited Trade Association (ATA) for access to vehicle keeper data. From 1 October 2007, no third party can have access to keeper data unless they are a member of an ATA. This Code of Practice governs the FLA’s status, and the responsibilities of third parties with access to keeper data, as an ATA.

 Vehicle Buying and Selling Advice

Why should I check the history of a motor vehicle?
(PDF 238Kb)

The FLA, the Metropolitan Police, Auto Trader, eBay Motors, Exchange and Mart and Motors.co.uk have joined together to form the Vehicle Safe Trading Advisory Group (VSTAG) to combat vehicle-related fraud. As part of its aim to protect private buyers and sellers of cars, vans and motorcycles from Fraud, VSTAG has published a consumer advice guide.

 Why should I check the history of a motor vehicle? Why should I check the history of a motor vehicle?
(PDF 238Kb)

This leaflet tells you about some of the information that you can get from agencies that can investigate the vehicle’s background for you before you buy it.

Guidance on Data Protection Act

Guidance for motor and caravan dealers on the Data Protection Act
(PDF 1.6Mb)

Many of our members receive applications for finance through motor and caravan dealers. It is important for these finance companies to be confident that the dealers who send them credit applications meet the requirements of the Data Protection Act 1998 (DPA). This guidance note provides an introduction to the DPA.

 Financing Grey Imports

Guidance for financing grey imports
(PDF 186Kb)

There are two main categories of imported cars: ‘parallel’ imports, which are generally vehicles originally built, although not necessarily imported from within the EU, and ‘grey’ imports, which were manufactured for a non-EU market – usually Japan – and then imported for sale in the UK. This guidance covers only the latter, grey imports.

 

Recommended Best Practice for Asset Registration 2007
(PDF 1Mb)

The purpose of this Recommended Best Practice for Asset Registration is to enhance the efficient and effective maintenance of asset registration data. In doing so it will support competition in the market.

 Handbook of Liabilities arising from Financed Vehicles  Handbook of Liabilities arising from Financed Vehicles

This comprehensive booklet offers advice to financiers of vehicles about what their responsibilities and liabilities are for vehicles that they own, even if they are leased or contracted out to another party.

The booklet includes sections on: licences; HMRC and its powers; DVLA and its powers; the London congestion charging zone and transportation of illegal immigrants.

FLA is pleased to offer the booklet as a free member benefit - log in to this website, go to "Library/publications" to download a copy. Non-FLA members are welcome to purchase the booklet – please complete a publication form and send it to FLA. 

 

 

 

 

 

 

 

 

 

 

 
Financing Your Car

FLA has launched a new online resource to help consumers understand the breadth of finance options available to them.

Features of the website include:

Finance Decider - helps indentify the type of finance which could best suit your needs

Useful sections on Consumer Protection

Finance Speak - explaining technical finance terms

The benefits of Car History Checks

A Buying Checklist which will help you understand a bit more about the process of applying for a loan. 

www.FinancingYourCar.org.uk