This Commission Disclosure explains how Optima Vehicle Leasing may receive commission from vehicle manufacturers, finance providers, supplying brokers or other partners when arranging car and van leasing agreements across the UK.
The Financial Conduct Authority (FCA) requires credit brokers to disclose that commission may be payable by a lender, funder, or vehicle owner to the intermediary.
The FCA defines “commission” as any financial consideration.
If you request it, we will disclose the amount of commission payable in relation to your agreement before you enter into it.
Optima Vehicle Leasing is a trading name of Fourteen Automotive Ltd, authorised and regulated by the Financial Conduct Authority.
We are a credit broker and not a lender.
If you enter into a lease agreement arranged by us, we will receive commission from the lender or supplying broker once the agreement goes live.
Commission may be:
A fixed amount per agreement; or
Variable depending on the lender’s remuneration structure.
The commission structure is set by the lender or supplying broker.
The commission we receive may vary depending on the product, lender, or agreement.
Commission is typically paid only after:
The finance agreement has been signed; and
The vehicle has been delivered or the agreement has commenced.
In addition to commission, we charge an arrangement fee of £195 including VAT.
This fee is payable at the point of order once finance has been approved.
The arrangement fee covers:
Deal sourcing and negotiation
Suitability and affordability checks
Administration and documentation processing
Liaison with lenders and suppliers
Ongoing customer support through to delivery
This fee is separate from any commission paid by lenders.
Commission is built into the rental quoted by the lender.
The commission we receive may influence the total amount payable under the agreement, depending on the lender’s structure.
We are committed to acting in good faith and ensuring that product recommendations are based on suitability, affordability, and customer needs.
You have the right to request details of the exact commission payable in relation to your agreement at any time before entering into the contract.
We introduce customers to a panel of selected leasing companies, UK vehicle dealerships, and finance providers with whom we have commercial agreements.
We are a commission-based organisation, meaning we receive payment for business introductions.
Remuneration may differ depending on the product type and the lender involved.
We do not lend money directly.
We may provide information about products and, where appropriate, make recommendations based on your personal circumstances. You are under no obligation to accept any recommendation.
All products are optional.
We aim to ensure that all information provided is clear, fair, and not misleading, in accordance with FCA requirements.
Fourteen Automotive Ltd trading as Optima Vehicle Leasing is authorised and regulated by the Financial Conduct Authority.
Firm Reference Number: 1039198
Registered Address:
The Long Barn, Cobham Park Road, Cobham, Surrey, KT11 3NE
If you are dissatisfied with our service, please refer to our Complaints Procedure, which is available in the website footer.