Luv Financial Solutions Ltd – Terms of Business

Customer Name:
Julie connors
Mileage:
60000 VRM:
MM63ORK
£0.00
Cash Price:
£4490 Deposit: BTF:

Vehicle Make/Model:
Hyundai i10
You ‘the supplier as detailed below’ now DECLARE and WARRANT that –

a) You are not aware of any information regarding the vehicle, which will have a detrimental effect on Luv Financial Solutions, or
the Finance Company named in their Hire Purchase Agreement. Any information that we are aware of, where relevant, has
been disclosed to yourselves.
b) The deposit shown on the invoice has been received by you or by a proper and lawful allowance in part-exchange.
c) The goods are your absolute property, free from any liens, charges and encumbrances and have not been the subject of any
previous transaction with the customer.
d) The vehicle is in a roadworthy condition and complies with the provisions of the Road Traffic Act 1991 (as for the time being
amended or re-enacted) and the regulations made under that Act and, where required, a valid MOT certificate is held.
e) You agree to adhere to the supply of goods act 2015 in relation to the supply of the vehicle and that the vehicle will be fit for
purpose from the point of sale and that any issues arising with the vehicle that are deemed to be present at the point of sale,
would be rectified at a cost to you.
f) The customer has been advised that any additional services or items provided or sold to the customer are in no way connected
with Luv nor with the agreement and that the agreement is not conditional upon such products being taken.
g) Notwithstanding clause J, you confirm that if the customer has purchased any service or items from you, not set out in the
agreement, you have explained it properly to the customer, believe that it/they are suitable for the Customer and have
complied in full with all relevant regulatory requirements or guidance.
h) You confirm that we are VAT registered and are operating under the VAT margin scheme for second hand cars.
i) You agree that you charge all finance customers the same fee in accordance with the Treating Customers Fairly guidelines
j) You will fully and effectively indemnify Luv on demand for and against all liabilities, costs, claims, damages, misrepresentation,
proceedings or losses suffered or incurred by Luv in connection with the condition, ownership, title and identity of the above
vehicle at the point of sale or within a reasonable time thereafter.
k) You agree to indemnify and keep indemnified Luv in full and on demand against all liabilities, losses, damages, demands, actions,
proceedings, claims, costs, expenses, fines, charges or settlements suffered or incurred by Luv arising out of or relating to your
breach of this or your negligence or wilful misconduct in the processing of client personal data and sensitive personal data.
l) You agree to indemnify Luv for any costs involved in complaints, such as but not limited to FOS fees, and vehicle reports,
needed to resolve issues.
m) Should your purchase be covered by the Distance Selling Regulations, customers have been advised they are entitled to return
the vehicle and cancel the agreement within 14 days of receipt of said vehicle. We have advised customers that any return may
be liable to fair usage charges.
n) Luv will charge an admin fee for introducing this customer to you and this must be paid by the dealership mentioned below
payable immediately following completion of the sale. Any fees that you charge to the customer must be included in the
advertised price.
o) You accept and confirm that we reserve the right to share information relating to any loss that we have encountered as a result
of, but not limited to, negligence or faulty goods. Sharing of information will be limited to finance lenders and other finance
brokers. Further information can be found on how we use information at https://luvcarloans.co.uk/privacy-policy.
p) In the event of an unwind of an agreement, the dealer/supplier will transfer the funds that were originally paid (unless
otherwise agreed by all parties) immediately (the same day as the unwind is agreed) upon the unwind being agreed with a
lender and/or broker.

By signing below, you are confirming that you have complied with all the above terms stated above. 14/07/202
Name of Dealer: Headley park Date: 3
Dealer Stamp: car sales

Director
Signed:
L Coombs Position:
LUV Financial Solutions Ltd – Terms of Business v2.0 Page 1 of 1.