Representing thousands of clients, we have successfully won over 90% of mis-sold car finance claims that have gone to trial since January 2022, with the average compensation payout being approximately £1000.
The amount of compensation or refund you may be able to claim for a mis-sold car finance agreement will depend on the size and length of the car finance loan agreement, as it will be directly related to the amount you borrowed, and for how long.
The amount of compensation or refund you may receive will depend on the size and length of the car finance loan agreement you were sold.
Find Your Car Finance Agreements For Free
Just add a few details and we can validate any car finance agreement you may have had going all the way back to 2007.
We'll then tell you if you can claim and how much you might receive.
START INSTANT CLAIM CHECKThe exact amount of compensation you may be able to claim for a mis-sold car finance agreement will be subject to the FCA redress scheme, but may be dependent on the following factors:
- The size of the car finance loan – generally, the larger the loan, the more you’ll be owed and able to claim back
- The length of your car finance agreement – you’ll be owed more if you’ve been paying the loan for longer
- The interest rate you paid and the difference between the rate quoted and the rate you should have paid
- The amount you may be able to reclaim may also be affected by the amount of deposit you put down on the vehicle.
Currently, the Financial Ombudsman Service awards an additional 8% interest on the overpayment amount.
Below are some examples of mis-sold car finance agreements with differing amounts and terms, but with the same rates of interest.
Mis-sold Car Finance Claim Amount Based On £10,000 Loan Agreement
| Size of Loan | Length of agreement | Interest rate you paid | Interest rate you should have paid | Amount of compensation you could be owed |
|---|---|---|---|---|
| £10,000 | 3 Years | 6% | 2.5% | £1,134.00 |
| £10,000 | 3 Years | 6% | 2.5% | 1,890.00 |
Mis-sold Car Finance Claim Amount Based On £20,000 Loan Agreement
| Size of Loan | Length of agreement | Interest rate you paid | Interest rate you should have paid | Amount of compensation you could be owed |
|---|---|---|---|---|
| £10,000 | 3 Years | 6% | 2.5% | £2,268.00 |
| £10,000 | 3 Years | 6% | 2.5% | £3,780.00 |
Check Your Mis-Sold Car Finance Claim Amount
Our calculator below estimates the amount of compensation you may be eligible to claim for a mis-sold car finance agreement.
dd the amount of your loan, the length of your agreement, and the interest rate you paid. Then, compare this against a rate you may have been offered if you weren’t mis-sold.
Mis-sold Car Finance Claims Calculator
You may have overpaid:
£ 0.00
in interest over 5 years
Please note that this calculator only provides a rudimentary calculation of how much extra interest has been paid on a Hire Purchase agreement.
The calculation will be different for PCP agreements and does not factor in the actual length of the agreement or any compensatory interest which may be awarded.
The calculation is illustrative, and under no circumstances should it be used or relied upon in the pursuit of a claim. If in doubt, please speak to us directly about your individual claim.
Claim For Mis-sold Car Finance With Bott and Co
How Much Can I Claim For A Mis-sold Car Finance Agreement?
The level of compensation you may be able to claim for a mis-sold car finance agreement is based on several factors, including:
- The value of the car. In most cases, the higher the cost of the car, the larger the car finance loan may be
- The amount of deposit you put down when entering into the car finance agreement. If your deposit was reasonably small, the loan agreement may have been higher
- The amount you agreed to borrow — generally, the larger the loan, the more you may be able to reclaim
- The duration of your car finance agreement — If your agreement is spread out over a longer period, you may be owed more
- The interest rate you paid and the difference between this rate and the rate you should have been offered.
However, determining the appropriate interest rate can be challenging, as you may not know what rate should have been offered to you.
Why Choose Bott and Co?
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A History of Success
Successful in over 90% of Mis-sold car finance claims
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£1,000*
Potentially Claim Over
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On Your Side
We are the only firm taking lenders to court and winning
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Fully Regulated
We are members of the Solicitors Regulation Authority. Your claim is in safe hands
What Types Of Car Finance Mis-selling Can I Make A Claim For?
From the thousands of mis-sold car finance claims clients we have represented, the most common types of car finance mis-selling are:
- Hidden Discretionary Commission Arrangements
- Inflating Interest Rates To Enhance Commission
- Not Carrying Out Affordability Checks
- Not Explaining All Financing Options To The Customer
How Far Back Can I Claim For Mis-sold Car Finance?
You have up to six years from the date you signed the car finance agreement to make a claim, or 3 years from when you become aware that you had cause to complain.
From the FCA investigation, the majority of car finance mis-selling took place between 2007 and April 2021, when discretionary commissions arrangements were banned.
In their report, the FCA said that commission was paid on up to 95% of UK Car finance agreements, and it is estimated that as much as 40% of these agreements may have been mis-sold.
Which Lenders Can I Make A PCP Claim Against?
We have mis-sold car finance claims in progress against a large number of lenders, including:
Frequently Asked Questions
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Yes, you can make a claim for each separate agreement you entered where you think you may have been mis-sold.
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You can only claim for vehicles primarily for personal reasons; however, commuting does count as personal use.
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Yes, you can also claim for mis-sold car finance for used cars. You can claim as long as you entered into a finance agreement to purchase your vehicle, and we can prove you were mis-sold.
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While the car finance mis-selling scandal has previously only related to ‘discretionary commission arrangements, the recent Court of Appeal case of Johnson v Close Brothers suggests that consumers with leases can also claim.
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Unfortunately, we cannot claim on your behalf in this instance.
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You can make a mis-sold car finance claim if the finance agreement is still active or has already been paid off. We can check and validate any agreement for you if you have paid something for it within the last six years.
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No, making a mis-sold car finance claim will not negatively affect your credit score. Your claim is in relation to how the agreement was sold to you, not whether you’ve made your payments.
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You can still make a claim. In fact, almost of our clients come to us without any previous paperwork. Just add your details to our mis-sold car finance claim checker and we’ll validate all your agreements for you. Alternatively, Consumers can indeed try it for themselves first and in fact Bott and Co offer a free template letter.
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You can still make a claim. We have tools, such as our car finance claim agreement finder which can locate your finance details without you needing to remember your registration number, agreement number, or the name of your lender.
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Yes, you can still claim. We have built a free mis-sold motor finance claims checker that will search your credit record for any motor finance agreements you’ve had in the past six years.
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If the lender has gone bust, you can no longer claim against them. However, you may still be able to claim from the dealer or broker that arranged the finance for you. Our specialist lawyers can advise you further on this.
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If you have submitted your letter of complaint directly to the lender under the DISP rules (Dispute Resolution Complaints), the lender has up to eight weeks to respond.
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No, lenders cannot blacklist you or treat you any worse as a result of making a complaint.
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Bott and Co represented Mr Johnson in this case. The decision is important because based on the ruling, the FCA has announced that their consultation should extend to all types of commission arrangements. Previously the scope related only to discretionary commission arrangements. This broader view extends to the consultation to all arrangements, potentially vastly increasing the number of people who may have a right to claim.
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Yes, the recent Court of Appeal decisions affects all motor finance agreements where commission has been paid, regardless of how that commission was calculated. It’s therefore likely that all claims will be paused (and therefore delayed further) pending an answer from the Supreme Court.
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If the lender has rejected your complaint, then it has been closed by them and will not be re-opened without further input. It would therefore be advisable to submit the complaint again.
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Bott and Co Solicitors provide specialist legal support for motor finance claims. Our dedicated team manages claims professionally and transparently, keeps clients informed at every stage and helps avoid common issues associated with multiple representatives.
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Email motorfinanceclaims@bottonline.co.uk who aim to respond within 1 working day
In your email, include:
Your full name
Your claim reference number (if you have it)
Please also be aware there is an FCA “complaints pause” in place until 31 May 2026, which means lenders are not yet giving final responses on motor finance complaints. This can make everything feel very slow, even when work is happening in the background.
Find Your Car Finance Agreements For Free
Just add a few details and we can validate any car finance agreement you may have had going all the way back to 2007.
We'll then tell you if you can claim and how much you might receive.
START INSTANT CLAIM CHECK