My DCA replies - Fiat/MINI/Honda/Toyota

Mutz

So I’ve sent off several DCA template letters, and received (or not received) the following. Thought this post might help give an idea to others on what they may expect. 

Emails all sent February 2024

MINI - no reply whatsoever 

Fiat - no reply whatsoever

Fenton finance - replied no DCA 

Toyota - had a confirmation of receipt of my email

Honda - initially said they couldn’t find anything, cars from 2005 & 2006, then I realised it was in my name not my wife so re-sent with my details, replied with:

‘ From the information provided, we believe there may have been a discretionary commission arrangement on your agreement(s) and as a result, you may be impacted by the Financial Conduct Authority investigation into historical motor finance commission arrangements.’

Not sure if I need to prod Toyota and Fiat again, any advice received with thanks?

Desmond_Hume

The advice is the same as every other thread in this section. 

dunstonh

Honda - initially said they couldn’t find anything, cars from 2005 & 2006, then I realised it was in my name not my wife so re-sent with my details, replied with:

These predate the DCA issue.

Not sure if I need to prod Toyota and Fiat again, any advice received with thanks? 

Just wait.  Nothing is going on until after the FCA report is issued.

Mutz

dunstonh said:

Honda - initially said they couldn’t find anything, cars from 2005 & 2006, then I realised it was in my name not my wife so re-sent with my details, replied with:

These predate the DCA issue.

However Honda say there may have been a DCA, so we will see 

dunstonh

Mutz said:

dunstonh said:

Honda - initially said they couldn’t find anything, cars from 2005 & 2006, then I realised it was in my name not my wife so re-sent with my details, replied with:

These predate the DCA issue.

However Honda say there may have been a DCA, so we will see 

Stock holding answer.  "may" is not the same as "was" or "was not".     

However, we know from the FCA that the period being reviewed by the FCA is 6 April 2007 to 27 January 2021.   Anything before 6th April 2007 will not have the ability to complain and the FOS will not consider the complaints either.