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 FLA has produced comprehensive training material to help people prepare for the online test.
The online test consists of 60 randomly-generated multiple-choice questions which must be answered in 60 minutes. The test must be retaken every 12 months to ensure that staff’s knowledge remains up to date. The SAF test is audited by the FLA and over 105,000 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.