There are a few different ways in which car finance can be mis sold. The most common is when the dealer or lender doesn’t make it clear that the customer will have to make a balloon payment at the end of the contract. This payment is usually a large sum of money, and many people are unable to afford it. As a result, they either default on their repayments or they’re forced to extend their contract and pay even more interest.

Another way in which car finance can be mis sold is when the dealer encourages the customer to sign up for a longer contract than they need. This means that the customer ends up paying more interest than they should do. In some cases, customers are also pressured into taking out additional products such as gap insurance.

If you think that you may have been mis sold car finance, it’s important to act quickly. You can make a claim by using our quick online form and get matched with a UK mis sold car finance solicitor in the UK who is able to take your case and get you the compensation you are owed.

If you’re not sure whether or not you’ve been mis sold car finance, there are a few things that you can look out for.

• Check your contract – if it doesn’t mention anything about a balloon payment, then you may have been mis sold.
• Are you struggling to make your repayments? If so, this is a sign that the terms of your agreement may be too high.
• Have you been pressured into taking out additional products? If so, this could be classed as mis selling.

There are a few different types of mis selling that can occur when taking out car finance.

The most common type is when customers are pressured into taking out additional products that they don’t need, such as gap insurance.

Another type of mis selling is when customers are given false information about the terms of their finance agreement. This could include things like being told that there is no balloon payment, when there actually is.

The final type of mis selling occurs when customers are offered finance with terms that they’re not able to afford. This could mean that the monthly repayments are too high, or the length of the agreement is too long.

Below are the different types of mis sold agreements we can help you with;

PCP stands for personal contract purchase. It’s a type of finance agreement that is commonly used to fund the purchase of new cars.

Under a PCP agreement, customers make monthly repayments for a set period of time. At the end of the term, they then have the option to;

• return the car
• pay a lump sum (known as the balloon payment) to keep the car
• trade in the car for a new one

In many cases, customers are mis sold PCP agreements because they’re not made aware of the balloon payment. This means that they’re left with a much higher bill at the end of their finance term than they were expecting.

If you’ve been mis sold a PCP agreement, we could help you claim compensation.

Hire purchase (HP) agreements are another type of finance agreement that can be used to fund the purchase of a car.

Under a HP agreement, customers make monthly repayments for a set period of time. At the end of the term, they then own the car outright.

In some cases, customers are given false information about HP agreements. This includes things like being told that there is no balloon payment, when there actually is.

If you think you’ve been mis sold a HP agreement, get in touch and we can assess your case.

If you think you’ve been mis sold PCP car finance, we could help you claim compensation. We work with a team of experienced solicitors who can assess your case and offer advice on the best course of action.

To start your claim, get in touch today and one of our solicitors will be happy to help.

Yes, in many cases we can help customers who have been mis-sold HP agreements.

If you’ve been mis-sold HP car finance, the first thing to do is get in touch with us. We’ll take some basic details about your case and then match you with a specialist solicitor who is able to help.

In most cases, we’re able to get our clients the compensation they are owed within a few months. So if you’ve been mis-sold HP car finance, don’t hesitate to get in touch – we could help you get the money you deserve.

If you think that you may have been mis sold car finance, the first thing to do is get in touch with us. We’ll take some basic details about your case and then match you with a specialist solicitor who is able to help.

Once you’ve been matched with a solicitor, they’ll be able to assess your case and advise you on the best course of action. If they think that you have a strong case, they’ll start working on your claim straight away.

The amount of compensation that you could receive will depend on your individual circumstances. However, in many cases, customers are able to claim back the money that they’ve paid into their finance agreement, plus any additional interest and charges.

However, it’s likely to be hundreds and in a lot of cases it runs into the thousands, depending on how much money was involved the initial agreement.

There is usually a 14-day cooling off period when you sign a finance agreement. This means that you have 14 days to change your mind about the agreement.

However, if you’re outside of this cooling off period, don’t worry – you can still make a claim. Most solicitors can help with any mis sold agreements made in the last 10 years.

The length of time it will take to process your claim will depend on the individual circumstances of your case.

However, in most cases, we’re able to get our clients the compensation they are owed within a few months.

So if you’ve been mis sold car finance, don’t hesitate to get in touch – we could help you get the money you deserve.

We work on a No Win No Fee basis, which means that there are no upfront costs for making a claim.

If your claim is successful, we’ll deduct our fees from the compensation payout that you receive.

If your claim is unsuccessful, you won’t have to pay anything.

When you make a claim for mis sold car finance, your solicitor will assess your case and then contact the finance company on your behalf.

They’ll request information about the agreement, including any correspondence that you’ve had with the company.

Once they have this information, they’ll be able to start building your case. In most cases, we’re able to get our clients the compensation they are owed within a few months.

If you’ve been mis-sold HP or PCP car finance in the last ten years, there’s a good chance we can help you claim compensation. We work with a team of experienced solicitors who can assess your case and offer advice on the best course of action.

To start your claim, get in touch today and one of our solicitors will be happy to help. In most cases, we’re able to get our clients the compensation they are owed within a few months. So if you’ve been mis-sold HP or PCP car finance, don’t hesitate to get in touch – we could help you get the money you deserve.

No, you don’t need to have paid off your finance agreement to make a claim. The agreement can still be active, so long as it has not been more than 10 years we can make a claim on your behalf.

Yes, in many cases you may be able to claim for any additional products that were mis-sold to you alongside your finance agreement.

These could include things like gap insurance or extended warranties. To find out more, get in touch with us and we’ll assess your case.

The main difference between the two types of car finance is what happens at the end of the agreement.

With a HP agreement, you own the car outright at the end of the term. With a PCP agreement, you have the option to buy the car, trade it in for a new one, or give it back to the lender.

PCP agreements also usually come with a mileage limit – if you go over this limit, you may have to pay extra charges.

We’re one of the UK’s leading online sites for mis-sold car finance claims, we work with a team of mis sold car finance specialist solicitors who are dedicated to getting our clients the compensation they deserve.

We have a proven track record of success, and have helped thousands of customers get the money they are owed.

What’s more, we offer a no win no fee service, so you can be sure that you won’t have to pay anything unless your claim is successful. So don’t delay – if you’ve been mis-sold car finance.