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Each manufacturer SELECT AUTOMOTIVE deals with requires a 10-15% deposit on placement of order of the tax-free foreign currency price. All deposits are made payable directly to the various European Main Agents we deal with. SELECT AUTOMOTIVE has partnered with Fortis to offer its clients complete security and protection when transferring deposit and final balance payments to the manufacturer approved dealerships. For a fee of £100, the Fortis Escrow Service provides a third party bankers trust account and gives customers complete control over the release of funds to the supplier. Payments are transferred to a domestic account, so customers are not subject to inflated European transaction charges. When the final balance is paid to the Fortis Escow Account, funds are not released to the supplier until a satisfactory, complete pre-delivery inspection (PDI) is completed by SELECT AUTOMOTIVE's transport company. For more information on this service, please visit www.fortis-escrow.com. Alternatively payments can be made in the form of bankers' drafts or building society cheques, direct foreign currency electronic transfers or alternatively the majority are happy to accept credit cards.
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