Helping you discover if you've been mis-sold pcp car finance

Frequently Asked Questions

What is PCP?

Personal Contract Purchase (PCP) is effectively a personal loan which allows drivers to spread the payments for a vehicle over a long period, typically two or three years.

However, unlike a normal personal loan, you won’t be paying off the full value of the car and you won’t necessarily own it at the end of the deal, unless you choose to pay the final balloon payment.

PCP is one of the more complex financial products available to help you buy a car, but it can be broken down into three main parts: the deposit, the amount you borrow and the balloon payment.

How is the deposit calculated?

Dealers offering PCP finance will typically want around 10% of the value of the car as a deposit. Customers pay a deposit on the car they want and then make monthly repayments until the end of the term.

How Can Our Claim Experts Help You?

Experts in car finance mis-selling

Experts in car finance mis-selling

Through our claims check service we envisage to guide you through the easy stress free process as quickly as possible using our expertise and legal partners.
Client Care

Client Care

We are specialists in financial mis-selling claims, helping our customers reclaim deserved compensation if they have been mis-sold a financial product.
You could claim thousands

You could claim thousands

Car finance dealerships/brokers across the country have not disclosed their commission structure at point of sale, meaning you could be owed thousands.

You may have a claim for compensation

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Was your finance within the last 8 years?*
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Have you purchased a car with PCP or HP finance in the last 8 years?

Car owners who purchased their car using Personal Contract Plans (PCP) and Hire Purchase (HP) finance deals from a dealership are being warned they might have fallen victim to a new type of mis-selling scandal. The Financial Conduct Authority (FCA) estimates that 95% of people have been mis-sold their car finance. Have you been mis-sold car finance? Discover if you have a CLAIM TODAY by completing our no-obligation claim eligibility check.

Register your details for a free claim eligibility check of your case and we will be back in touch with you soon.

Our audit team receive assistance from AI-powered document processing, making it quicker than ever to handle eligibility checks.

Authorised and regulated by the

Financial Conduct Authority

in respect of Regulated Claims Management activities, registration number FRN830181
PCP Check is a Claims Management Company

PCP Check is a trading name of Reclaims4U Ltd. Reclaims4U Ltd is authorised and regulated by the Financial Conduct Authority FRN 830181. Registered in England and Wales No. 6651869. Data Protection registration No. Z1480043.
Reclaims4U Ltd is a Claims Management Company (CMC). You can claim for free, without using a CMC, first directly to your finance provider or to the Financial Ombudsman Service/Financial Services Compensation Scheme.

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