Questions about PCP car finance claims

A PCP claim is a way to seek compensation for a mis-sold Personal Contract Purchase (PCP) for Hire Purchase (HP) agreement. If your dealer, broker or lender didn’t disclose key details, misled you about terms, or acted unfairly, you could claim compensation for your PCP car finance deal.

To be eligible for a PCP finance claim, you’ll need to show that your agreement was mis-sold. Common signs include:

• Misrepresentation of terms: You weren’t given clear information about costs, interest rates, or the details of your agreement.
• Undisclosed commissions: The dealer or broker received a hidden commission, which affected the deal you were offered.
• Lack of affordability checks: The finance provider didn’t properly assess whether you could afford the repayments.

You can easily find out if you’re eligible by doing a mis-sold PCP claim check via our tool. It’s quick, free, and identifies if your PCP car finance agreement was mis-sold. Start your PCP claim check today to see if you could claim compensation for unfair terms, undisclosed commissions, or other mis-selling practices.

Mis-selling of PCP car finance often happens when:

• Dealers set high interest rates to increase their commissions.
• Commissions tied to your agreement weren’t disclosed to you.
• The agreement wasn’t suitable for your financial situation.

These unfair practices have led to thousands of PCP claims in the UK, helping clients recover the compensation they deserve.

Compensation amounts vary depending on the interest rate, loan amount, and how long you’ve been repaying the loan. The average PCP payout is around £1,600, but some successful claims include:

• £5,492.10 from Black Horse
• £4,478.46 from MotoNovo
• £2,449.65 from Close Brothers

Use our PCP claim calculator to get an estimate of your potential PCP refund.

The time it takes to resolve a PCP finance claim can vary. Some PCP car claims are completed in just a few months, while others may take longer, depending on the complexity of the case and the lender’s response.

Even if you don’t have your original documents, you could still make a PCP refund or car finance PCP claim. Our team can help locate your agreement details and guide you through the process.

We’re recognised as one of the best PCP claims companies in the UK, with a proven track record of success. As PCP experts, we specialise in handling PCP finance claims, ensuring a smooth and stress-free process for our clients. Outstanding feedback on our reviews page showcases our dedication to helping people win their PCP claims and recover PCP compensation.

Yes, PCP claims are legitimate. Thousands of people across the UK have successfully claimed compensation for mis-sold PCP agreements. Our PCP experts reviews show how straightforward and reliable the process can be.

A PCP refund is the compensation you may be entitled to if your PCP agreement was mis-sold. This could include overpayments due to undisclosed commissions or unfair interest rates on your PCP car finance.

Our No Win, No Fee service means you’ll only pay 30% + VAT (36% including VAT) of any compensation we recover for you. This fee will never be more than 36% and could be lower, depending on your individual case.

The FCA’s investigation into PCP car finance practices is expected to conclude by December 2025. Acting now ensures you don’t miss deadlines for UK PCP claims that may follow the final report. Start your claim today to avoid missing out.