Misold HP car finance

[Blast]

Hello everyone
I have recently heard that FCA published a report on mis-sold pcp and hp car finance which makes it a mis-selling scandal if dealers did not disclose how much commission they get for introducing you to a finance company. I am not sure how far true this is because I have had two car finance in the last 5 years. I made some enquiries on the internet and found no win, no fee lawyers but I would like to do it myself as these lawyers end up taking a big cut from my payout. Does anyone know how to go about it? Thanks in advance.

[echat11]

Hi Blast

Your first step would be to complain to the company. If they don't resolve the complaint to your satisfaction you can complain to the FOS. The company will provide a Final response.

https://www.financial-ombudsman.org....ey/car-finance

Check the case studies on the FOS website.

[Blast]

Thanks so much, ECHAT11

[DS50]

Hi Blast - My understanding is a dealer doesn't have to disclose the commission amount unless asked, however they should disclose they receive a commission for introductions. (At least thats my understanding!)