Silverstone Leasing is a trading name of Silverstone Corporation Limited. Silverstone Corporation is a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 674485. Registered Office: Office 5, The Old Hay Barn, Preston Lodge Court, Preston Deanery, Northampton, NN7 2DS
We are authorised and regulated by the Financial Conduct Authority for consumer credit activities. Our Firm Reference Number is 674485. You can check this information at www.fca.org.uk.
Our Data Protection Registration number is Z3311594. You can check this information at www.ico.org.uk.
We are a broker member of the British Vehicle Rental and Leasing Association (BVRLA) and abide by their Code of Conduct.
We make a charge for the service that we provide:
Our service charge is £358.80 including VAT (£299.00 plus VAT) for our Brokering services when you place an order.
Consumer Contracts Regulations dictate that regulated credit broking agreements that have been made without any face-to-face contact (i.e via phone or internet) come with the statutory right to cancel without penalty or reason within 14 calendar days.
If you have a regulated agreement (e.g. you are a private individual, a sole trader or a partnership with up to 3 partners) and choose to cancel your vehicle order, you will be liable for the costs of any service delivered which will be equal to one month’s rental (+VAT) of the vehicle ordered, and in addition our vehicle service/admin charge is non-refundable.
This 14 day cancellation period begins from the date you sign and submit your car order form. We reserve the right to charge you the arrangement/documentation fee and/or Deposit (or a reasonable proportion) where we have commenced performing the Services and cancel the Order.
It is possible to cancel your agreement after this period, but fees will apply. If you submit a formal cancellation request after the 14 day cancellation period, Silverstone will retain the full £358.00 inc VAT processing fee taken at the time of order. This is to cover all costs incurred in arranging the car order and finance arrangement up until that point. Furthermore, if charges have been incurred from the car supplier, these fees will be owed in full by the cancelling party.
Contract Hire agreements made by Limited Companies, Limited Liability Partnerships (LLP) and Partnerships with more than four partners are unregulated. In these circumstances, where an agreement is cancelled following submission of a completed order form, cancellation fees will apply.
If your car has gone into build, the charge would be 5% of the full list price.
For in stock cars or those that have not yet gone into build, the cancellation fee will equal 2 monthly rentals.
Furthermore, in the event that delays or price increases occur that are outside of our control, Silverstone must be given first refusal to supply an alternative car at competitive rates. If not, the above cancellations rates would apply.
We are a credit broker of vehicle finance. We are not a funder or lender.