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Claim Peugeot Car Finance Compensation

If you have ever had car finance from Peugeot Finance, you may be able to claim compensation if it contained undisclosed commission.

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Car finance agreements are one of the most popular ways to pay for a new car, with over 2.2 million external link icon light blue new agreements set up in 2022. Although this option offers the finances needed for a new car, a recent investigation has shown that brokers misled many customers into taking out car finance agreements by hiding commission figures. This discovery has implicated some of the UK’s most well-known car brands, including Peugeot. So if you took out a new car finance agreement before January 28th 2021, you might be able to claim compensation. At Claims Bible, we can help you understand your rights and guide you through the claims process in a simple, stress-free way.

What are Peugeot compensation claims?

Peugeot external link icon light blue is one of the many well-known car manufacturers that have been involved in the hidden commission car finance scandal. The Financial Conduct Authority (FCA), external link icon light blue is carrying out this in-depth investigation that appears to show brokers hiding commission payments from customers. The claims are far-reaching and impacts both Personal Contract Purchase (PCP) external link icon light blue and Hire Purchase (HP) external link icon light blue agreements. As this investigation from the FCA appears to impact many people, hopes are high that the findings will pave the way for victims to receive fair compensation for being lied to. Peugeot is a reputable car manufacturer in the UK, so it’s likely that thousands of people could be looking to claim compensation from them. At Claims Bible, we’ll make sure your claim is heard and help guide you through the process, step by step.

How do I know if I have a claim against Peugeot?

If you believe you may be eligible to claim against Peugeot due to the car finance investigation, then our team at Claims Bible can help. We’ll look at the specifics of your case to understand your situation and ensure it aligns with the criteria for claiming. For example, one important criterion is that the car finance agreement must have been signed before January 28th 2021. There are other criteria to look at, and we’ll make sure every aspect is looked at to determine your eligibility. Some of the other things we’ll look at include the type of car finance agreement taken out. Unfortunately, you can’t make a Peugeot car finance claim if you leased the vehicle, but you may still be eligible for other things, such as finance affordability claims. At Claims Bible, we’ll exhaust every avenue for you to ensure you have the best chance of securing fair compensation.

How to make a complaint against Peugeot

Once you know you’re eligible for compensation, you’ll want to learn how to complain against Peugeot. At Claims Bible, we can walk you through the steps in an easy-to-understand way to improve your chances of success. From navigating the claims process to connecting you with our legal partners, every aspect of the claims process is covered when you work with us. Due to the active status of the FCA investigation, you can’t directly complain to Peugeot until September 25th 2024. This is to give the FCA sufficient time to investigate all of the claims comprehensively. To speed things up, our team at Claims Bible can help you make your claim to the relevant body as soon as possible. This will ensure you get your compensation as quickly as possible, which is important due to the deadlines imposed on these cases. You have six years from when the initial issue occurred, or three years from when you learned about the issue.

How much is a Peugeot car finance complaint worth?

As the investigation from the FCA is still active, there isn’t a clear value associated with these types of claims yet. With that said, the FCA has noted that they want claimants to have a fair, simple process for claiming. At Claims Bible, we’ll make sure that you receive that fair compensation by building your case and working with you every step of the way. If you would like to learn more or get started on your claim, please contact us today.

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So far we’ve handled over 10,000 cases and claimed back over £2,000,000 for our clients so you are in safe hands.

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