Commission disclosure to FCA form received after purchase

[scottyr]

Hi,

I purchased a car from Lotus 3 weeks ago now and the PCP agreement was through Blackhorse, which was all processed, agreed and I collected the car.

Lotus are now sending me a Commission disclosure form to sign, saying that in referencing Blackhorse, they receive 10p commission and this is declared to the FCA.

This is still illegal isn't it as I was unaware (even though the sum is paltry) of this.

I have refused to sign it, but now I'm getting pestered by lotus whilst on holiday, lots of voicemails to call back urgently etc.

Any advice? If I don't sign this could Blackhorse cancel the agreement legally?

[alscar]

scottyr said:

Hi,

I purchased a car from Lotus 3 weeks ago now and the PCP agreement was through Blackhorse, which was all processed, agreed and I collected the car.

Lotus are now sending me a Commission disclosure form to sign, saying that in referencing Blackhorse, they receive 10p commission and this is declared to the FCA.

This is still illegal isn't it as I was unaware (even though the sum is paltry) of this.

I have refused to sign it, but now I'm getting pestered by lotus whilst on holiday, lots of voicemails to call back urgently etc.

Any advice? If I don't sign this could Blackhorse cancel the agreement legally?

Lotus ( direct or via a Dealer ?) is retrospectively asking you to sign something that should have been done at the collection stage.
It is their issue and I very much doubt that Blackhorse would be even interested and certainly wouldn't cancel any agreement.
Lotus have no right to be hassling you ( it is their error ) and I would simply drop them a one liner / leave a message to tell them so.
Technically I wonder if this leaves them open to compensation under the soon to be formally announced redress scheme though ?!

[Nicetobenice]

It's a 10p paperwork cock up.

If you're otherwise happy with the car and the dealer why not sign it and move on?

[scottyr]

Nicetobenice said:

It's a 10p paperwork cock up.

If you're otherwise happy with the car and the dealer why not sign it and move on?

You're correct, it's only a 10p paperwork cock up, which begs the question, why are they hassling me whilst on holiday to the tune of 3/4 voicemails and twice as many missed calls.

That's on top of at least 10 emails.

[Nicetobenice]

scottyr said:

Nicetobenice said:

It's a 10p paperwork cock up.

If you're otherwise happy with the car and the dealer why not sign it and move on?

You're correct, it's only a 10p paperwork cock up, which begs the question, why are they hassling me whilst on holiday to the tune of 3/4 voicemails and twice as many missed calls.

That's on top of at least 10 emails.

Because they will need to sign the file off as compliant.

Getting hassled like that would piss me off as well.

[alscar]

Much cheaper to hassle you rather than perhaps be found liable to pay you back £ 700.
Its not the tiny amount that counts its the fact that they screwed up.

[Simpo Two]

Oddly enough that happened to me in 2017 when I bought a car from a Lexus dealer. The sales manager got quite arsey about it and threatened to void the warranty if I didn't sign and return the form. That would have been an interesting fight.