What is a Car Finance Agreement?
A car finance agreement is a popular and convenient way of financing a car, it’s a way to buy a car over three or five years. Most agreements require a lump payment at the end of the agreement for you to own the car outright. Most people don’t go on to buy the car.
Some people were pressured into signing agreements without being told the key facts. Others were “locked” into an unsuitable agreement, paid thousands of pounds in “hidden” commission, or weren’t aware of the large final payment (often called a “balloon payment”) in order to own the vehicle. In many cases inadequate or no affordability checks were carried out.
Does this apply to me?
You could be due compensation if any of the following applies:
- You signed a car finance contract between 2007 & 2020
- You paid hidden or undisclosed commission
- There were high-pressure sales tactics
- There was a lack of proper affordability checks
- The price was inflated so the dealer received a larger commission
If you are not sure, or you have a suspicion that any of these apply to you, don’t delay. We can check all of this for you and if you have a claim we can process this for you on a no-win no-fee basis.
You could be entitled to an average payment of £1800
Check now to see if your vehicle finance is eligible for a refund. The check is free!
Don't delay - you could miss out
The ability to reclaim money owed to you may be subject to a legally imposed time limit. However, even in the absence of such time constraints, initiating the reclaim process promptly will expedite the refund or compensation owed to you.
For the convenience of our clients, we provide a complimentary eligibility checker. Through this service, we thoroughly assess whether you have a valid claim. If a claim exists, we will engage in a comprehensive discussion regarding the subsequent steps and proceed with the claim if you wish us to do so. Our services operate on a no win, no fee basis, and any fees will be mutually agreed upon before undertaking any work on your behalf. You can rest assured that no upfront payments will be requested at any point.