Soccer/Football

How to claim your potential £700* payout from mis-sold car finance scandal

Dec 24, 2025 - 14:00

If you took out a PCP or HP deal between 2007 and 2024, you might have unknowingly paid over the odds.

Dealers and brokers often pocketed extra commission by quietly raising your interest rate.

Check if your car PCP or HP may have been mis-sold

Visit Locksley Law

START YOUR REVIEW

The true cost of borrowing was tucked away, and the paperwork left you guessing.

Dealers and brokers had the power to pick your interest rate from a menu set by the lender.

The higher they set it, the more they earned.

This hidden conflict of interest was rarely revealed, and commission details were often buried or missing altogether.

As a result, many drivers ended up with steeper monthly payments and a total bill they might never have agreed to if the truth had been clear.

Why consumers were kept in the dark

Lack of clear information: Commissions were rarely spelt out in plain language. Even if mentioned, the actual amounts or percentages stayed hidden in the fine print.
Rushed decisions: Finance was bundled into the deal, leaving you little chance to shop around or pore over the details.
Complicated terms: APR ranges, add-ons, and part exchange values tangled up the numbers, making it tough to spot what was driving up the cost.
Focus on monthly payments: The conversation centred on what you could afford each month, not the total cost over time. This masked how even a tiny bump in APR could quietly add hundreds to your bill.

Signs your PCP or HP may have been mis-sold

Look out for these red flags:

You were not told the broker could earn more if your rate was higher.
You were presented with a single financing option and felt rushed to sign.
Your APR appears high relative to your credit score or current market rates.
You were told everyone gets the same rate, or this is the best available today.
The commission was not clearly disclosed in a way you understood.

Every case is different, but thousands of drivers with PCP or HP deals from 2007 to 2024 are now checking if they could reclaim money.

If mis-selling is confirmed, the typical payout is around £700.

What you receive depends on your agreement and the amount you paid above a fair rate.

Why choose Locksley Law

Locksley Law handle the legal process from start to finish for you

Check if you can claim car finance compensation with Locksley Law

CHECK HERE

Locksley Law is a regulated law firm that takes the hassle out of your claim.

Their team conducts secure checks on your agreements, verifies the details, and reviews your case from every angle.

They gather evidence, contact lenders, and even reconstruct your agreement history to calculate any compensation you deserve.

From start to finish, the legal process is handled for you.

No paperwork headaches, no chasing lenders, no confusing forms.

Just a straightforward, expert service focused on getting you every penny you are owed.

What to do now?

Quick check: Did you have a PCP or HP agreement between 2007 and 2024?
Start your eligibility review: Share a few simple details, and Locksley Law will do the legwork to find and confirm your agreements.
Let the legal team get to work: They will assess your case and fight to recover any compensation you are due.

There is only a short window to claim in this car finance case.

Check if you could get a refund of up to £700* by visiting Locksley Law to claim what is rightfully yours.

FAQs

What is the hidden commission issue in plain terms?

Many brokers could change your interest rate within a set range. If they raised your rate, their commission often went up as well.

This was not explained, so you paid more without knowing the reason.

Do I need my original paperwork?

No. Locksley Law can locate and verify your agreements through secure checks and lender records, then gather the evidence needed for your claim.

How much could I get back?

It depends. If mis-selling is proven, the average payout is about £700. The exact amount depends on your agreement and the additional amount you paid due to the higher rate.

What will Locksley Law actually do for me?

A regulated law firm manages your case. They check your finance agreements, collect evidence, talk to lenders, work out any compensation, and guide you through the legal process.

What if I used part-exchange or added extras?

That is common. Locksley Law reviews your agreement history to ensure add-ons and changes are included in any compensation calculation.

_{Locksley Law is a trading style of RH Law Ltd, authorised by the SRA (No. 659355). You do not need to use a Law Firm; you can complain directly to your lender or to the Financial Ombudsman Service (FOS) for free, or you can complain via the FCA proposed redress scheme. Solicitor fees, if used, are up to 15% – 30%, excluding VAT, of any successful claim. Lenders have until 31^st May 2026 to respond to eligible complaints.}

_{*Average payout figure –}_{https://www.fca.org.uk/news/press-releases/14m-unfair-motor-loans-compensation-proposed-scheme}