How anycolourcar.com Handles Car Finance Commission

Yes, anycolourcar.com receives a commission from the lender when we arrange car finance, and we tell you that before you sign. Our sales team is not paid commission on finance, so nobody here earns more by steering you towards a particular product or lender. We are a credit broker, not a lender.

Why are people asking about car finance commission?

The court cases and the FCA compensation scheme have put commission in the headlines, and three different issues often get mixed together:

• Discretionary commission: some lenders used to let dealers raise a customer’s interest rate to earn more commission. The FCA banned this in January 2021.

• Commission disclosure: whether customers were properly told that commission was paid, how much, and whether the dealer was tied to a lender.

• Mis-sold PCP: a separate issue about suitability, such as balloon payments or mileage limits not being explained. It is not about commission.

For the detail, read our guide to the court cases and how to check whether you are owed compensation.

How does commission work at anycolourcar.com?

• We receive a commission from the lender for arranging your finance. We disclose it and will explain it if you ask.

• Our team is not paid commission on finance, so there is no personal incentive to upsell.

• We work with a panel of lenders including Close Brothers, Blue, MotoNovo, Black Horse, DSG and CarFinance 247.

• We pay for independent compliance support from The Compliance Guys, specialists in motor trade regulation.

What is the Consumer Duty and how does it protect me?

The FCA’s Consumer Duty came into force in July 2023. It requires firms like ours to act to deliver good outcomes for customers. In practice that means:

• finance products must offer fair value

• information must be clear and free of jargon

• you should get support throughout the agreement, not only on the day you buy

What protection do I get with dealer-arranged finance?

• The lender is responsible for the car. With hire purchase and PCP the finance company owns the car until you have paid, so it is answerable for the car being of satisfactory quality.

• A 14-day right to withdraw. You can withdraw from a regulated credit agreement within 14 days. You would then need to pay for the car another way.

• The right to settle early. See our guide to paying car finance off early.

• A free complaints route. If something goes wrong and we or the lender cannot resolve it, you can go to the Financial Ombudsman Service.

Common questions

Does the commission change my interest rate?

We cannot raise your rate to earn more. That practice has been banned since January 2021. The rate you are offered comes from the lender and depends on your circumstances.

Can I ask how much commission you receive?

Yes. Ask at any point before you sign and we will tell you.

Do I have to use your finance?

No. You can pay outright, use your own bank loan, or part-exchange and pay the difference. We will help whichever way you choose.

Talk to us

See our finance options, browse cars in stock, or call Sales on 01226 574410. For questions about an existing agreement, call Customer Care on 01226 574321.

anycolourcar.com is authorised and regulated by the Financial Conduct Authority (FRN 946186). We are a credit broker, not a lender. This guide is general information, not financial advice. Updated October 2026.