mis-sold car finance

Mis-Sold Car Finance: Claim Compensation with Your Lawyers

Did you use a finance provider to purchase a car, van or motorbike before the 28th January 2021?
You could be owed thousands in compensation.
Mis-Sold Car Finance Claim
Find out for free. Register your car finance claim for thousands in compensation.
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No
Mis-Sold Car Finance Claim
Find out for free. Register your car finance claim for thousands in compensation.
Yes
No
Mis-Sold Car Finance Claim
Find out for free. Register your car finance claim for thousands in compensation.
Mis-Sold Car Finance Claim
Find out for free. Register your car finance claim for thousands in compensation.
Yes
No

Mis-Sold Car Finance: Claim Compensation with Your Lawyers

Many UK consumers have unknowingly fallen victim to mis-sold car finance due to undisclosed commissions and unclear finance terms.

If you were not fully informed about how your car finance agreement was structured, you could be entitled to compensation.

At Your Lawyers, we specialise in helping consumers reclaim what is rightfully theirs.

Understanding Mis-Sold Car Finance

Mis-selling occurs when financial products are sold unfairly or without providing customers with all necessary information. In the case of mis-sold car finance, common issues include:

Undisclosed Commissions – Many lenders paid car dealerships commissions for securing finance agreements, but these were often not disclosed to consumers. This meant that some dealerships may have prioritised higher-commission agreements over the best options for their customers.

Unclear or Misleading Terms – Some agreements contained hidden fees or excessive interest rates that were not adequately explained. Many customers were not given a full breakdown of how much they would ultimately pay.

Unfair Broker Practices – Some dealerships or brokers may have pushed customers into more expensive finance agreements when cheaper options were available, prioritising their own financial gain rather than the best interests of the buyer.

Lack of Proper Explanation – In some cases, customers were not informed about alternatives such as hire purchase (HP) or personal contract purchase (PCP) and were instead led into agreements without understanding the long-term costs and conditions.

These practices may have left many consumers trapped in expensive and unfair finance deals, often paying thousands more than they should have.

How to Claim Compensation

If you suspect that your car finance deal was unfair, taking action is straightforward. Here is how Your Lawyers could help:

Assess Your Agreement – We can review your car finance agreement to determine whether you were mis-sold the product. If the dealership or lender failed to disclose commissions or misled you on key terms, you could have a strong claim.

Gather Evidence – Our team can collect supporting documents, including finance agreements, payment records, and communications with the dealership or lender. This can help build a strong case for compensation.

Make a Claim – We can formally submit your compensation claim and negotiate on your behalf to recover your losses. Many customers have successfully reclaimed thousands of pounds in compensation due to unfair car finance agreements.

Legal Action if Necessary – If the lender or dealership refuses to settle, we can take legal action on your behalf, ensuring you receive the compensation you are entitled to.

You may be eligible for compensation if:

  • You were not informed about commissions received by the dealership.
  • You were pressured into an expensive finance agreement.
  • You were misled about interest rates and fees.
  • You were not provided with alternative finance options.

Why Choose Your Lawyers for Your Claim?

At Your Lawyers, we have extensive experience handling mis-sold car finance claims and securing compensation for our clients. Here is why you should choose us:

  • Specialist Expertise – We are a team of legal professionals dedicated to consumer rights, ensuring you get the best possible representation.
  • No Win, No Fee – You do not have to worry about claiming with us.
  • Proven Success – We have helped thousands of clients claim back what they are owed, securing millions in compensation.
  • Hassle-Free Process – We can handle everything on your behalf, making it as easy as possible for you to seek justice without unnecessary stress.
  • Personalised Support – Every case is unique, and we provide tailored legal advice to ensure the best outcome for you.

Start Your Claim Today

If you were affected by mis-sold car finance, you could be entitled to substantial compensation. Time limits may apply, so do not delay in seeking justice. The sooner you take action, the better your chances of securing the full compensation you deserve.

Our team is ready to help you fight for justice and recover the money you may have overpaid due to unfair and misleading car finance agreements.

PCP Car finance claim form
PCP Car Finance Claim Form

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The content of this post/page was considered accurate at the time of the original posting and/or at the time of any posted revision. The content of this page may, therefore, be out of date. The information contained within this page does not constitute legal advice. Any reliance you place on the information contained within this page is done so at your own risk.