PCP Claims

To qualify for a PCP finance claim, you must demonstrate that your agreement was mis-sold. Key indicators include:

• Misrepresentation of Terms: You were not provided with clear details about costs, interest rates, or the overall terms of your agreement.
• Undisclosed Commissions: Hidden fees or commissions were paid to the dealer or broker, impacting the deal you received.
• Inadequate Affordability Checks: The finance provider failed to properly evaluate whether you could afford the repayments.

Yes, even if your PCP agreement has ended, you may still have grounds for a claim if the mis-selling occurred during the term of the agreement and you meet the statutory deadlines.

The time required to resolve a PCP claim can vary widely. In many cases, claims are settled within several months, but if the matter goes to court, it could take up to a couple of years. 

The compensation you might reclaim depends on several factors:

• Finance Loan Amount: Generally, a larger loan means a higher potential claim.
• Agreement Duration: Longer-term agreements may result in greater compensation.
• Interest Rate: If you were charged a higher rate than what should have been offered, you could reclaim the difference.

If you’re uncertain about the rate you should have received, our PCP claim experts can help determine your entitlement and ensure you receive the compensation you deserve.

The compensation amount varies based on the specifics of your case, including any financial loss you’ve incurred. Some cases have led to substantial payouts, while others may result in reimbursement of overpaid costs or unfair terms.