Manchester, UK – February 12, 2026 – For many UK drivers, car finance used to feel like a one-time decision. The deal was done, the payments were made, and the car was returned or sold. But with living costs rising and financial planning becoming more intentional, more people are taking another look. There is growing awareness that not all agreements were as clear or fair as they should have been.
Reclaim247 is helping drivers revisit those past finance deals. Whether the vehicle is still on the road or long gone, drivers can now check for signs of car finance mis-selling without needing paperwork or pressure. If something was missed at the time, the company helps identify whether a car finance refund or compensation may still apply.
“People tend to look back when something in their life shifts,” said Andrew Franks, Co-Founder of Reclaim247. “That’s often when they spot things they didn’t question at the time. Hidden fees, balloon payments or commissions that were never mentioned. Those moments are worth exploring.”
Why Old Agreements Are Still Relevant
Even years after a finance deal ends, the way it was sold still matters. Many drivers now realise they may not have been told the full story. This is particularly true for PCP agreements, where low monthly payments were often used to sell deals that had hidden costs later on.
Balloon payments, vague contract terms, or undisclosed commissions have all led to car finance claims. A closer look can reveal issues that went unnoticed at the time.
What the Regulator Found on Car Finance Mis-Selling
The Financial Conduct Authority has identified several forms of car finance mis-selling in agreements made between April 2007 and November 2024. These include:
Discretionary Commission Arrangements
Brokers increased the customer’s interest rate to earn higher commissions, without making this clear to the driver.
Unfairly High Commissions
The broker received payment that was much higher than usual, based on the size of the loan.
Limited Finance Options
The customer was led to believe they were seeing several offers but only received one.
These are not isolated issues. They have led to many valid PCP claims and car finance claims across the country.
Why PCP Claims Are Still Being Missed
PCP finance was often sold as a flexible and affordable option. While the monthly payments looked manageable, the final terms were not always fully explained. Many drivers only realised the true cost when the agreement ended.
“We often speak to people who now question the numbers,” added Franks. “They thought everything was above board, but something does not feel right. That is when a PCP claim may come into focus.”
A Simple Way to Check for Mis-Sold Car Finance
Reclaim247’s eligibility checker is designed to be simple and stress-free. There’s no need to find old paperwork or remember who the finance provider was. With just a name, address and date of birth, the system searches for past agreements and checks for signs of car finance mis-sold issues.
If the system flags a potential car finance mis-sold issue, the driver is connected with a regulated legal partner. There is no cost to start, and no fee unless compensation is recovered.
Rechecking is Just Smart Finance
Drivers are starting to treat car finance claims like any other financial check. It is not just about finding problems. It is about being confident that the original deal was fair and fully explained.
If you financed a car between April 2007 and November 2024, whether through a PCP agreement or standard hire purchase, Reclaim247 can help you find out if a car finance claim or PCP claim is worth pursuing.
Start your free eligibility check at www.Reclaim247.co.uk
No documents required. No upfront cost. No pressure.
About Reclaim247
Reclaim247 is a multi-award-nominated UK-based claims management service helping drivers identify mis-sold car finance agreements. With a focus on clarity, simplicity and consumer support, the company connects eligible customers with regulated legal partners to explore possible car finance claims. Its document-free process allows motorists to check for mis-selling with no pressure, no upfront fees and no hidden conditions.
Media Contact
Company Name: Reclaim247
Contact Person: Andrew Franks
Email: Send Email
Country: United Kingdom
Website: https://www.reclaim247.co.uk/