pcp-mis-selling

What Is PCP Mis-Selling?

Personal Contract Purchase

A PCP agreement is a type of car finance where you pay a deposit and monthly payments for a fixed term, with an optional final “balloon” payment if you wish to own the car at the end.

How Was It Mis-Sold?

Many customers were not given the full picture at the point of sale. Examples of mis-selling include:

How The Claims Process Works

Simple. No Upfront Fees. No Win, No Fee*

*Our Fees Apply Only If Your Claim Is Successful, And Are Always Outlined Upfront. This means that if your claim is successful, you will be charged a fee of between 18-36% including VAT, this based on the level of compensation awarded.

*Our fees apply only if your claim is successful. If the claim is not successful you will not be charged anything.

claims-process-works
01

CHECK YOUR ELIGIBILITY

Complete our quick form. We’ll assess your case free of charge.

02

We Investigate

If we believe your agreement was mis-sold, we’ll begin your claim against the finance company.

03

Receive Your Compensation

If successful, you’ll receive a refund which could include interest and fees.

You do not need to use a claims management company to make a complaint about motor finance claim, you can make a claim yourself for free and if that is not successful you can refer your claim to the Financial Ombudsman Service.

Important Updates

The Financial Conduct Authority stay on PCP Claims

In January 2024 the Financial conduct Authority launched an investigation into whether motor finance customers have been overcharged because of the past use of DCA’s. Whilst the investigation was ongoing it paused the 8-week deadline for motor finance firms to provide a final response to relevant customer complaints.

important-updates

On 1 August 2025, the UK Supreme Court narrowed some of the potential liabilities that had been suggested by an earlier Court of Appeal ruling but left scope for compensation where relationships were unfair or commissions were inadequately disclosed.

Following the judgment the FCA decided to proceed with an industry wide compensation scheme. This was due to start late June 2026, but the Scheme has been legally challenged. The challenge will delay payouts that were due to begin this year – the latest updates can be found at: www.fca.org.uk/consumers/car-finance-complaints.

FAQs

01 How long does a PCP claim take?

The length of a claim can vary. Each case is different but those escalated to the Financial Ombudsman are expected to take a longer period of time, but you will be updated of progress every step of the way.

02 Why are some PCP claims delayed?

There are current delays in some claims due to a pending Supreme Court ruling that could affect how certain PCP mis-selling cases are decided. This means that many finance companies and the Financial Ombudsman Service are holding cases until the court provides further guidance.

We keep our clients updated throughout and continue to progress claims where possible.

03 Am I eligible to make a claim?

You may be eligible if you:

  • Took out a PCP agreement in the last 10 years
  • Weren’t given full or fair information
  • Were unaware of the dealer’s commission or weren’t offered alternative finance options
04 What will it cost me?

We operate on a No Win, No Fee* basis. Our fees are recovered on the compensation awarded listed in the table below. This means that if your claim is successful, you will be charged a fee of between 15-30%, this based on the level of compensation awarded. If your claim is unsuccessful, there are no fees to pay.

Compensation Awarded: % of Fee Charged Maximum Total Fee
Under £1,499 30% £420
Between £1,500 to £9,999 28% £2,500
Between £10,000 to £24,999 25% £5,000
Between £25,000 to £49,999 20% £7,500
Over £50,000 15% £10,000

*Our fees apply only if your claim is successful. If the claim is not successful you will not be charged anything.

05 What information do you need from me?

We’ll need:

  • Basic personal details
  • Vehicle and finance company information
  • Any finance agreement paperwork (if you have it)

If you don’t have your documents, don’t worry – we can often retrieve the necessary details on your behalf.

06 Can I Make a PCP Mis-selling Claim Without Using a Claims Management Company?

Yes, you absolutely can. You are not required to use a claims management company to make a PCP mis-selling complaint. If you prefer, you can make the claim yourself directly to the lender or finance company, and if necessary, escalate it to the Financial Ombudsman Service (FOS) for free.

Things to Keep in Mind:

  • The process may require patience and persistence, especially if the claim is complex or delayed due to ongoing legal matters (e.g. Supreme Court rulings).
  • Make sure to keep copies of all your communications.

Whether you choose to claim yourself or use a regulated claims company, the right to claim is yours – and you are always entitled to do it independently and for free.

Still Have Questions?

Rest Assured

You Won’t Miss Out

The Financial Conduct Authority has confirmed that these delays will not affect your ability to claim or your eligibility. Deadlines and time limits for complaints are also paused during this period, so your right to claim is protected.

You do not need to use a claims management company to make a claim – you can contact the Financial Ombudsman Service or the relevant firm directly for free.

Terms of Business Privacy Policy