Specialist Automotive Finance (SAF) was introduced by the Finance & Leasing Association (FLA) in 2007 to boost professionalism in motor dealerships and increase consumer confidence in car finance.
The SAF competence test assesses dealer staff knowledge of the available types of car finance and the regulations that govern their sale in showrooms. The SAF test is audited by the FLA and over 190,000 tests have been taken online since 2007.
A 'SAF expert' is someone who has passed the SAF competence test. Individuals who successfully pass the SAF test will be able to download a Certificate of SAF Competence. The SAF certificate helps reassure car buyers that they are receiving expert information on car finance.
The FLA is the leading trade body for the motor finance, asset finance and consumer credit industries in the UK. Last year, FLA member finance companies provided £110 billion to consumers and businesses, including £37 billion for the purchase vehicles. The FLA introduced Specialist Automotive Finance (SAF) in 2007 to help raise the standard of car finance information provided in showrooms for the benefit of car buyers. SAF is funded by FLA member finance companies.
For more information about the FLA visit: www.fla.org.uk