Have you been mis-sold PCP car finance?
If you believe you were mis-sold a PCP (Personal Contract Purchase) car finance deal, you may be entitled to compensation. PCP car finance has become increasingly popular, but many consumers have been left with unfair and unaffordable agreements due to misleading sales practices.
At Claim247, we are here to help you understand your rights and guide you through the process of making a compensation claim.
Get expert advice without any commitment.
If you’re unsuccessful, you don’t pay a penny.
If successful, we deduct 25% from the compensation awarded.
Why you should trust Claim247
At Claim247, you pay nothing upfront. Our fee comes from your compensation only if you win. Let us help you get the repairs and compensation you deserve.
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What is PCP Car Finance?
PCP (Personal Contract Purchase) is a type of car finance that allows you to make lower monthly payments compared to traditional hire purchase agreements. At the end of the contract, you have the option to:
Undisclosed Interest Rates: Not being informed about the true cost of borrowing.
Hidden Fees: Additional charges that were not clearly explained at the outset.
Inadequate Affordability Checks: Not assessing whether you could realistically afford the monthly payments.
Unclear Terms: Misleading information about mileage limits, wear and tear policies, or end-of-contract options.
Pressure Sales Tactics: Being rushed or pressured into signing a contract without fully understanding it.
You may be wondering...
Here are some frequently asked questions that may help you understand your claim.
PCP (Personal Contract Purchase) is a type of car finance that allows you to make lower monthly payments compared to traditional hire purchase agreements. At the end of the contract, you have the option to:
1. Return the car: Hand the car back with no further payments.
2. Keep the car: Pay a balloon payment to take ownership.
3. Part-exchange the car: Use any equity as a deposit for a new car.
You may have a valid claim if you experienced any of the following:
• You were not informed about the total amount payable under the agreement.
• You were not given a clear explanation of the terms and conditions.
• You were sold a deal that was unsuitable for your financial situation.
• You were charged hidden or additional fees.
Making a claim with Claim247 is straightforward and stress-free. Follow these simple steps:
1. Contact Us: Reach out to our friendly team via phone, email, or our online contact form.
2. Initial Consultation: We’ll review your case and provide initial advice on your eligibility.
3. Gather Evidence: We’ll help you collect necessary documents such as your PCP agreement, payment records, and any correspondence with the finance company.
4. Submit Your Claim: Our experts will prepare and submit your claim to the finance company.
5. Claim Resolution: We’ll negotiate on your behalf to seek the best possible outcome, whether that’s a refund, compensation, or an adjustment to your agreement.
Get expert advice without any commitment.
If you’re unsuccessful, you don’t pay a penny.
If successful, we deduct 25% from the compensation awarded.