If so, your PCP agreement may have been mis-sold. This primarily happens via your car dealer taking hidden commissions that see you pay more than you should have done, but there several ways in which PCP mis-selling may have occurred.
Many car dealers have openly admitted profiting from mis-sold PCPs, so it is worth discovering if you have been mis-sold!
Contact us now for a FREE assessment of your claim.
Your car dealer might have highlighted its PCP deals to help you buy your dream car at what they said was a cheaper rate. If paying for the car with cash upfront or hire purchase options were unaffordable, you may have been pushed towards a PCP deal.
PCPs have proven popular among both motorists and car dealers. Who wouldn’t love getting a brand new car every 2 – 3 years? Which business wouldn’t be happy locking in their monthly revenue over at least the same period, knowing their customer will likely come back and agree a new deal?
However, while PCP straightforward enough, they can actually be complex in nature. It is this complexity that allows car dealers to hide their commission in your payments, all the while making your PCP feel like an offer you can’t refuse.
As with other types of financial mis-selling, it can be difficult to know if you have been mis-sold a PCP deal.
However, if any of the below scenarios sound familiar, there is a chance you may have been mis-sold, and we can help you claim compensation:
As you can see, there are many ways you may have been mis-sold a PCP agreement!
If any of those sound familiar, get in touch with us now!