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Caveat Emptor - Buyer Beware

Caveat Emptor - Buyer Beware

Posted on 4th September 2018 at 03:26 PM

Planet Leasing would like to advise the public of the following Leasing Industry warning.

"Unscrupulous fraudsters are scamming people with poor credit ratings, promoting bogus vehicle leasing deals offering ‘No credit checks’ and ‘No Deposit’, and 'Direct Message via text to receive this offer'.  If you see a vehicle leasing advert that requires ‘No credit check’, BEWARE, it’s a scam.

All legitimate BVRLA leasing broker members adhere to FCA rules and will carry out credit and affordability checks. Those who don’t, will not be legitimate traders and could be out to scam you."

The BVRLA has reported this emerging threat to the authorities and will continue to explore ways of increasing awareness to protect customers and BVRLA members.

Planet Leasing Limited would like to reassure all current, and future, lease clients that we will always carry out credit and affordability checks.
Planet Leasing Limited is a BVRLA member and all our processes are highly regulated by the FCA.
Planet Leasing Limited is always transparent in its dealings with its clients and will always promote the clients' best interests to the utmost level.

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After years of using the same leasing company I decided to contact Planet Leasing to quote on my new vehicle. The service I received was outstanding with a prompt quotation that saved over £100 a month off the price given by a main dealer. Planet Leasing made the ordering and the delivery of the car very simple and have exceeded my expectations on all accounts. I have gone on to recommend Planet Leasing to family and friends who have also received the same high level of service.

Dwight Breley

All vehicle images and car descriptions shown on this site are for illustration and reference purposes only as provided by CAP data, and are not necessarily an accurate visual representation of the vehicle on offer. Our platform is optimised to show the best available price for your chosen configuration, if you would like review other prices for similar deals, please contact a member of our sales team on 01702 410470.

Planet Leasing Limited is a credit broker and not a lender, and is authorised and regulated by the Financial Conduct Authority. Registered No : 688093. Planet Leasing Limited is an Appointed Representative of AutoProtect (MBI) Limited which is authorised and regulated by the Financial Conduct Authority for Insurance Mediation, their reference number is 312143. You can check this on the FCA Register by visiting the www.fca.org.uk or by contacting the FCA direct on 0300 500 8082.

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