These are the different ways we make money from finance, and how fees or commission work for each one.
Sellers advertising finance on Auto Trader
Sellers advertising vehicles who are authorised by the Financial Conduct Authority to act as credit brokers pay us a monthly advertising fee to advertise that finance may be available through them.
This advertising fee does not influence the amount you pay or the finance rate you receive.
Sellers advertising vehicles with the option to reserve the vehicle and to apply for finance online
Some sellers offer the ability to reserve a vehicle online on the Auto Trader website and also to apply for finance with the lenders they work with. If you reserve a vehicle online this may also include attaching a finance estimate, quote or application with a lender the seller works with.
If you reserve a vehicle from the seller, they will pay Auto Trader a fee based on a fixed percentage of the vehicle price. The fee does not influence the finance rate you receive from the seller or the lender.
When finance offers are not available from the lenders the seller works with, you may be able to apply for credit through a credit broker CarMoney Limited, a credit broker introduced to you by the seller.
If you take out finance from one of their lenders, CarMoney will pay the seller a fee and will also pay Auto Trader a fixed fee. Because we receive this fee under an agreement with CarMoney, we are not acting impartially in the seller’s introduction to CarMoney and do not make any recommendation about it or the finance that you may be offered through it.
Seller adverts including Zuto finance information
Where the seller does not advertise finance for the vehicle, Auto Trader has an exclusive commercial agreement with Zuto Ltd to include Zuto’s information in the advertisement.
Zuto is a credit broker, not a lender, and if you contact them, they will introduce you to one or more finance providers who may offer to finance your purchase of the vehicle advertised.
Auto Trader receives commissions from Zuto for any finance agreement completed with them originating from a link on Autotrader.co.uk.
Insurance
Auto Trader introduces you to MoneySuperMarket to allow you to obtain insurance quotes on car, bike and van vehicle adverts. MoneySuperMarket pay us a fee each time a customer obtains a quote through their service which results in an insurance policy being purchased.
The fee received by Auto Trader is a fixed percentage of the commission received by MoneySuperMarket from the insurer.
The commission received by MoneySuperMarket is typically a fee paid by the insurer based on either the total cost or the length of the policy you buy. The commission paid to MoneySuperMarket by the insurer, or the percentage paid to Auto Trader, does not effect what you pay.
The vehicle seller does not receive any fee or commission from Auto Trader or MoneySuperMarket.
Leasing
All leasing adverts on Auto Trader are lease deals provided by Autorama UK Limited (Trading as Auto Trader Leasing, part of the Auto Trader family). If you order a lease vehicle via Auto Trader Leasing they may introduce you to a select number of lenders or funding partners.
If you lease a vehicle via Auto Trader Leasing they will receive a commission or other benefits from the funder. Whilst you will not be charged any fees directly by Auto Trader Leasing, the commission will be reflected in your monthly lease payments. Autorama UK Limited T/A Auto Trader Leasing is a full owned subsidiary of Auto Trader Group Plc.