Millions who bought a car pre-2021 could be due a payout as mis-selling investigation launched

MSE_Molly_G
MSE_Molly_G Posts: 66
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edited 13 February at 2:57PM in Reclaim car finance
If you bought a car or van on motor finance and you think you were overcharged, you could be due a payout as a major mis-selling investigation has been launched. MoneySavingExpert.com founder Martin Lewis is also warning anyone who thinks they're affected to lodge a new complaint now, so it's in the queue for when any action is taken.

Millions who bought a car or van on motor finance could be due a payout as major mis-selling investigation launched – what we know

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Comments

  • sammyjammy
    sammyjammy Posts: 7,281
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    edited 12 January at 11:28AM
    Does this apply to PCP as well?

    ETA After reading the link the answer is yes!
    "You've been reading SOS when it's just your clock reading 5:05 "
  • LightFlare
    LightFlare Posts: 372
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    edited 12 January at 12:28PM
    So when it says complain to "your provider" - I assume that means the finance provider ?

    Bought a vehicle in 2016 on PcP and while I wouldnt claim I was mis-sold whatsoever, if there were irregularities underlying the arrangement, then I would be interested in exploring

  • DullGreyGuy
    DullGreyGuy Posts: 8,904
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    Cue the rash of no win no fee adverts 
    They've been going for a fair while already
  • daveyjp
    daveyjp Posts: 12,372
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    The result of how buyers are manipulated as soon as dealers start talking about 'monthly affordability' and not the price of a car.
  • motorguy
    motorguy Posts: 22,437
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    Cue the rash of no win no fee adverts 
    indeed.  The ambulance chasing law firms have been baying for this.


  • gembob33
    gembob33 Posts: 2
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    I bought a car in 2012 and had car finance through the dealership. I have no documentation anymore due to it being so long ago. All I have is an email saying thank you for buying a car with us. Is there anyway I could request the documents from the dealership? They have now changed from polar ford to trust ford. 
    Help needed
  • lincroft1710
    lincroft1710 Posts: 17,439
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    gembob33 said:
    I bought a car in 2012 and had car finance through the dealership. I have no documentation anymore due to it being so long ago. All I have is an email saying thank you for buying a car with us. Is there anyway I could request the documents from the dealership? They have now changed from polar ford to trust ford. 
    Help needed
    You can of course ask, but the chances are the dealership will have (or claim to have) no record of the finance deal.
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • facade
    facade Posts: 6,888
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    edited 12 January at 6:34PM
    I thought I was finally in line for some free money when I read the clickbait.
    Turns out I needed this "finance" thing rather than just saving up for years and buying it...
    I want to go back to The Olden Days, when every single thing that I can think of was better.....

    (except air quality and Medical Science ;))
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