Car finance mis‑selling: could you be owed up to £4,000**? Find out in 60 seconds

For many, getting a new car brings excitement and freedom. But beneath the gloss of some finance deals hides a worrying reality. Millions of drivers who took out PCP or hire purchase agreements between 2007 and 2024 may have been overcharged due to hidden fees and secret commissions they weren’t told about.

These issues aren’t just small oversights. They could mean you’ve been paying more than you needed to, with average compensation potentially reaching around £4,000**. That’s a significant amount: enough to help with bills, unexpected repairs or just take some pressure off your budget.

Check if you can claim at myclaimgroup.co.uk

If you’ve financed a car in this period, it’s easier than you might think to find out if you’re owed money. My Claim Group, the UK’s largest car finance claims company, offers a quick and straightforward online check* that takes just 60 seconds to complete – no complicated forms or confusing legal terms.

Even if you weren’t aware of it at the time, these finance deals may have quietly cost you more than they should. Taking a moment to check means you’re simply uncovering what’s already owed. Think of it as a chance to set things right without hassle or heavy lifting.

What you might not have known about your finance agreement

Between 2007 and 2024, nearly 40 per cent of PCP (personal contract purchase) and hire purchase car finance deals included hidden fees and secret commission arrangements that customers weren’t made aware of. These commissions were paid by lenders to dealers or brokers but were often not disclosed to buyers, meaning many drivers unknowingly paid inflated amounts. Essentially, part of your monthly payments might have been padded to cover these undisclosed commissions, making your car finance more expensive than it should have been. This practice, now under FCA scrutiny, means millions could be owed compensation** for these overpayments.

How My Claim Group can help

My Claim Group operates on a no win, no fee basis***, so you only pay if your claim is successful. With over 11,000 Trustpilot reviews, they have a strong reputation for supporting customers through the process. The FCA found that many drivers weren’t properly informed about how fees and commissions affected their repayments – meaning hidden costs could have inflated monthly payments without clear explanation. My Claim Group takes the opposite approach, being upfront and transparent every step of the way, so you always know exactly what to expect. There’s also a 14-day cooling-off period, giving you the freedom to cancel without charge if you change your mind.

Find out if you’re owed money

Making a claim is simple and quick*. My Claim Group’s online form takes just 60 seconds and checks for all your previous car finance agreements from 2007 to 2024. You don’t need to have your finance documents handy or understand legal jargon – just provide some basic information like your name, contact details and the cars you’ve financed. This includes all PCP and hire purchase agreements across any vehicles you’ve had, so you won’t miss a thing. Their expert team handles the rest, including tracking down your agreements and assessing your eligibility, making the process as hassle-free as possible.

Don’t miss out on compensation you might be entitled to. With My Claim Group’s trusted team on-hand to take care of everything, it only takes a minute to check*.

**⁠⁠Maximum Commission – £4,000.00 payout. See link for the FCA reference, solicitor fee tables & average valuations: https://myclaimgroup.co.uk/dca