What's the difference between commission disclosure, and discretionary commission arrangements (DCAs)?

Commission disclosure: We need to disclose, in a clear and obvious manner, the existence of commission, the nature of commission, and the amount of commission a dealership/broker will receive, from the sale of a vehicle.

Discretionary Commissions Arrangement (DCA): The ability to adjust the interest rate offered to customers, with higher interest rates resulting in higher commissions paid to a dealer/broker. In 2021 we ceased operating with DCAs, in-line with the FCA ban.