Status Disclosure

Consumer Contracts Regulations

Unless you are purchasing a vehicle for business use as a Limited Company, sole trader, self-employed or sub-contractor you have the Right to Cancel the sale under Consumer Contracts Regulations for a period of 14 days starting from when you take possession of the vehicle. You must notify U-Drive Ltd that you wish to return the vehicle to us for a full refund by emailing vehiclesales@u-drive.co.uk. We can supply a template cancellation form on request. You have a further 14 days to return the vehicle (at your expense) to 48-56 Old Wareham Road, Poole, BH12 4QR. We will allow 150 miles of usage (excluding delivery mileage), after which we will deduct £0.50+VAT per mile as an excess mileage charge. The vehicle must be returned in the condition in which it left, together with all keys and the V5C and we reserve the right to make deductions for damage, dilapidations or valeting. The vehicle must remain taxed and fully insured at your expense up to the point it is safely returned to us. We will make the refund within 7 days of return. Your right to cancel does not affect your statutory rights under the Consumer Act 2015.

FCA Disclosure

We are a credit broker and not a lender. We can introduce you to a limited number of lenders and their finance products, which may have different interest rates and charges. We are not an independent financial advisor; we will provide details of products available from the lenders that we work with, but no advice or recommendation will be made. You must decide whether the finance product is right for you. We do not charge you a fee for our services. Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow). The lenders we work with could pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.