Car misselling

Snowflakea1

I’ve leased cars for over ten years and I read that leasing now comes into the category of misselling . How can I check this is true for sure? Ps I don’t want to use a misselling no win no fee company.

Ayr_Rage

Kindly add your reference so we can all see.

Browntoa

Will find a brand new website called "leased-car-mosold" or something similar 

DullGreyGuy

Snowflakea1 said:

I’ve leased cars for over ten years and I read that leasing now comes into the category of misselling . How can I check this is true for sure? Ps I don’t want to use a misselling no win no fee company.

Not into the category of mis-selling, into an investigation by the FCA on if there was wholesale mis-selling 

The FCA has said it will make its determination within 6 weeks of the Supreme Court ruling on the three test cases. Assuming it is decided that some form of commission that wasnt openly enough declared is deemed mis-selling then the FCA has said it will create a redress scheme which will almost certainly mean that finance companies are instructed to actively reach out to its former customers that the courts have now deemed were unlawfully treated and offer them the appropriate compensation. 

The obvious road blocks would be if the Supreme Court rules that the arrangement were legal at the time they happened or the government decides to step in and create an act of parliament to stop or limit it. 

dunstonh

Snowflakea1 said:

I’ve leased cars for over ten years and I read that leasing now comes into the category of misselling . How can I check this is true for sure? Ps I don’t want to use a misselling no win no fee company.

Lease cars are not falling with the remit of the redress scheme.