Check If You're Owed Up to £950 for Mis-Sold Car Finance
If you bought a car on PCP or HP finance between 2007–2024, you may have been overcharged through hidden dealer commissions — without ever knowing. Millions of UK drivers are affected.
FCA-Authorised Specialists. Thousands of Successful Claims. Everything Handled For You.
PCP Missold Ltd is an FCA-authorised claims management company (FRN 1037114) with specialist expertise in PCP and HP mis-selling claims. We manage the entire process on your behalf — from reviewing your agreement to securing your settlement — on a 100% No Win, No Fee basis.
CALCULATE YOUR COMPENSATION
Use our PCP Claim Calculator to estimate how much you could claim back. This quick tool helps you understand the potential value of your PCP claim before you begin.
3 REASONS YOU COULD BE OWED COMPENSATION
If any of the following apply to your agreement, you could be owed up to £950. Check which applies to you.
HIDDEN CHARGES
Your dealer may have added hidden commission charges to your finance agreement without telling you. On a typical £10,000 loan, this added around £1,100 to your total repayments — money you are entitled to reclaim.
WAS YOUR INTEREST RATE SECRETLY INFLATED?
If your dealer inflated your interest rate to earn a higher commission, you may have significantly overpaid. Discretionary Commission Arrangements — banned by the FCA in 2021 — allowed this to happen on agreements taken out between 2007 and 2024. We identify the overcharge and recover every penny.
WERE THE TERMS OF YOUR AGREEMENT FULLY EXPLAINED?
If the terms, risks or costs of your agreement were not clearly explained before you signed, you may be entitled to compensation. This applies whether you still have the paperwork or not — we can locate your agreement for you.
WE’ll BE IN TOUCH
Once we receive your form, our team will review your details and get in touch with you as soon as possible. During this conversation, we’ll:
- Confirm your information
- Answer any initial questions you may have
- Discuss how we’ll proceed with your claim
LEAVE THE REST TO US
After the initial consultation, we take care of everything for you. Here’s what we do:
Document Review: We’ll analyse your car finance agreement and supporting documents to identify hidden charges, excessive interest, or mis-sold terms.
Case Preparation: Our team compiles all necessary evidence to build a strong case.
Negotiation and Reclaim: We handle all communications with lenders or financial institutions to recover your money.
REGULAR UPDATES
We believe in keeping you informed. Throughout the process, we’ll provide regular updates on the progress of your claim, so you’re never left in the dark.
GET PAID
Once your claim is successful, you’ll receive your reclaimed funds directly. It’s that simple!
CLAIMS PROCESS
HOW TO CLAIM WHAT YOU’RE OWED
TELL US ABOUT YOUR AGREEMENT — TAKES 2 MINUTES
Start your PCP mis-sold car finance claim with a quick online form. We only need three things to get started:
- Your name
- Contact details
- Full Current Address
This step takes under 2 minutes. Once submitted, our specialists get to work locating your agreement and assessing your claim. We run a soft credit check as part of this — it won’t affect your credit score.
WE’LL CONFIRM YOUR ELIGIBILITY WITHIN 24 HOURS
Once we receive your application, a specialist will review your details and be in touch within 24 hours. In this call or message, we’ll:
- Confirm your information
- Answer any initial questions you may have
- Explain how we will proceed with your mis-sold car fiinance claim
LEAVE THE REST TO US
After your initial consultation, our specialists take over completely. Here’s everything we handle on your behalf:
Agreement Review: We analyse your full finance agreement to identify every overcharge — hidden commissions, inflated interest rates and mis-sold terms — and calculate exactly what you’re owed.
Case Preparation: We compile all supporting evidence and build your case — you don’t need to provide anything extra.
Negotiation and Reclaim: We deal with your lender directly, negotiate on your behalf, and secure the maximum compensation you are owed — paid straight to you.
YOU’LL ALWAYS KNOW WHERE YOUR CLAIM STANDS
We believe in keeping you informed. Throughout the process, we’ll provide regular updates on the progress of your claim, so you’re never left in the dark.
GET PAID
Once your PCP claim is successful, you’ll receive your reclaimed funds directly which is your payment minus the fees. It’s that simple! Please read our FAQs to learn more about our fees.
What we cover
FAQs
If you purchased a vehicle on finance during, or after 2007 then it is likely that the car finance was mis-sold to you due to the car dealership failing to disclose commission they were paid by the lender for setting up your car finance. It is estimated that up to 99% of the 31.7 million car finance agreements arranged by car dealerships since 2007, included a commission payment.*
Analysts estimate that up to £30 billion compensation could be due to consumers, due to the widespread non-disclosure of commission.
*See: https://www.fca.org.uk/publication/consultation/cp24-22.pdf, Annex 2, Pg30.
Your Lender may not have to respond to your claims until after 04 December 2025.
The Financial Conduct Authority are presently undertaking a review of commissions paid in the motor finance industry, which is contingent on cases that are also being considered by the Courts. In light of this, the Financial Conduct Authority has paused the requirement for Lenders to respond to claims about some motor finance commission until 04 December 2025.
The Financial Conduct Authority has indicated that they may have completed their review as early as May 2025 and if so, would seek to end the pause early. It is anticipated that there will be a further update regarding this by 31 May 2025.
The amount of compensation you may be entitled to is dependent on several factors, including the amount of finance your lender provided, the date the finance was taken out, the duration of the agreement, the interest rate you paid and the value of the commission payment your Lender made to the car dealership.
The Financial Conduct Authority, confirmed in their publication Our work on motor finance – final finding – March 2019 that on a typical motor finance agreement of £10,000, a Discretionary Commission Arrangement typically resulted in consumers being overcharged £1,100 over a four-year agreement.*
*See: https://www.fca.org.uk/publication/multi-firm-reviews/our-work-on-motor-finance-final-findings.pdf s. 2.15, Pg9.
Do I need to use a law firm, or claims management company to make my claim
You do not have to use a law firm, or claims management company to make your claim. You can claim directly yourself for free to your lender, and then the Financial Ombudsman.
Although you can make your claim directly, you may find it preferrable to use a professional representative, like our legal partner, to help you manage the claims process due to their expertise in this area, or simply because you do not have the time.
Our service operates on a "No Win, No Fee" basis.
If your claim is successful, our fees will be deducted from your compensation as detailed in the below table:
The lowest of the percentage or fixed price cap applies. For example, if you were awarded £1499 our fees would be £420 as this is less than 30% of £1499.
We will not charge you if the claim is unsuccessful.
NEED TO TALK TO US?
Get in touch or register your interest to keep up-to-date with the latest news and developments in mis-sold agreements.