Blenheim Car Sales 111 Posted January 2, 2019 Hi There, Early December made my application, I know some of you guys have become registered, The web site says 6months upto, This cant be true in the real world surely thats worst of the worst case scenario, What was your own experience about time scale, Keen to start selling finance Share this post Link to post Share on other sites
Nick M.K. 574 Posted January 2, 2019 6 to 8 weeks in reality. They always say UP TO 6 months. Share this post Link to post Share on other sites
David Horgan 564 Posted January 2, 2019 4 weeks to 12 weeks seems to be the norm that I've heard of . 6 Months is the worst case , depends if they have all the info correct on the application . Watch out for a rouge call too asking about Finance , that's the way they check sometimes , good plan is to completely deny ALL finance enquiries till you get your number . I had a call and 20 mins later the number came via email , they were testing my integrity Share this post Link to post Share on other sites
david gott 58 Posted January 2, 2019 We had ours all sorted through a close finance rep, he helped us with the full process and it took 4 weeks to sort. Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted January 3, 2019 Thank for that nice tip off regarding the Mystery shop finance inquiry Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted January 3, 2019 (edited) Just had something back from them and forgive my stupid question i am but a simple car sales man, It is updated to today 3rd of jan and its got Status "complete" These .gog.uk forms are not easiest to navigate, Does this mean i am Accepted ???? i was hoping for accepted rather than Complete ?? Yes accepted, few e-mails from them after seeing it on there website, Again though many many pages of officialdom its not clear your accepted Edited January 3, 2019 by Blenheim Car Sales Share this post Link to post Share on other sites
David Horgan 564 Posted January 3, 2019 41 minutes ago, Blenheim Car Sales said: Just had something back from them and forgive my stupid question i am but a simple car sales man, It is updated to today 3rd of jan and its got Status "complete" These .gog.uk forms are not easiest to navigate, Does this mean i am Accepted ???? i was hoping for accepted rather than Complete ?? Yes accepted, few e-mails from them after seeing it on there website, Again though many many pages of officialdom its not clear your accepted Don't think that's the accepted bit , its now in the hands of your FCA adviser who will complete , not far away at this point . You will receive a FIRM Number when they send acceptance Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted January 3, 2019 expletives !!!!!!! i thought they had done it ggrrrr Share this post Link to post Share on other sites
David Ayers 171 Posted January 3, 2019 So you can hit the ground runing have you spoken to any Finance companies yet? Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted January 3, 2019 close motor finance is my preferred option, not going to set any records if they do take my business on board but i understand from some on here that they are acceptable to small volumes from smaller outlets, 2018 i never mentioned finance unless they did and I recon i was asked to arrange finance 15 times, I hope to be doing a fair amount area work in west mids is not really wealthy and cars i have are £4000-£8000 so hopefully i can get a decent pen Share this post Link to post Share on other sites
MattR 177 Posted January 4, 2019 I also applied in early december, still waiting. good tip re the mystery shop... Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted January 4, 2019 Just checked the register......................... i am on it.................... i think that means i am approved 3rd December mine application started Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted January 14, 2019 FCA just sent me an e-mail titled You can now access and manage your FCA fees account online There are fee`s just for being a memeber it reads like i have to make regular payments because they are asking for me to complete a direct debit ??? is this right ?? i never knew i had to pay something ongoing Share this post Link to post Share on other sites
Nick M.K. 574 Posted January 14, 2019 Yes, a couple of hundred pounds a year, not a huge deal. Share this post Link to post Share on other sites
Blenheim Car Sales 111 Posted January 14, 2019 thank you................... much appreciated ( no doubt in advance he he) Share this post Link to post Share on other sites