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PREVIOUSLY HAD CAR FINANCE?

Claim VW Car Finance Compensation

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

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One of the most popular ways to purchase a new car is using car financing, which provides you with the funds you need to buy new. However, a new investigation has shown that brokers who hid commission figures misled many customers who used car financing. This is a widespread issue impacting many top car manufacturers, including Volkswagen. So if you purchased a new Volkswagen before January 28th 2021, you could claim compensation – and Claims Bible can help!

What are Volkswagen compensation claims?

Volkswagen external link icon light blue is one of the most well-known car manufacturers in the UK, selling nearly 2 million new cars external link icon light blue in 2023. Unfortunately, this German manufacturer has been implicated in the hidden commission investigation being undertaken by the Financial Conduct Authority (FCA). external link icon light blue This appears to be a widespread issue that has impacted both href=”https://www.moneyhelper.org.uk/en/everyday-money/buying-and-running-a-car/financing-buying-car-personal-contract-purchase-pcp” _blank=”” rel=”noopener” target=”_blank”>Personal Contract Purchase (PCP) external link icon light blue and Hire Purchase (HP) external link icon light blue agreements, so Volkswagen could be looking at lots of claimants wanting compensation.
As this investigation is widespread, the FCA hopes that the work they are doing will help victims hold Volkswagen accountable by seeking compensation. As Volkswagen are so well-known, it’s likely that many different customers have been impacted by this scandal. At Claims Bible, we want to help victims by making it easier for them to build a case and make a claim in a simple, stress-free way.

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

If you believe you were mis-sold a car finance agreement with Volkswagen that distorted the commission figures, then our team at Claims Bible is here to help. We’ll look at the specifics of your claim for you to help understand the chances of claiming successfully. One of the main things we’ll look at is when the agreement was taken out, as it must have occurred before January 28th 2021.
We’ll cover a few other areas at Claims Bible to ensure your claim is watertight. For example, you can’t make a car finance claim if you used a lease agreement with Volkswagen. However, depending on your circumstances we could help with other claims, such as finance affordability.

How to make a complaint against Volkswagen

Making a complaint against Volkswagen for a car finance claim is easy, especially with our help at Claims Bible. We’ll be in your corner every step of the way – from helping you create your claim to teaming you up with our legal partners. By working with us, your claim will have the best chance of success.
At the moment, the FCA has paused making complaints directly to Volkswagen. This is to give the FCA sufficient time to investigate the claims made. This pause will be lifted on September 25th, 2024. Until then, our team at Claims Bible will ensure your claim is heard by sending it to the most appropriate body at the time. There is a six-year deadline to make these claims, starting from when the issue occurred. Alternatively, there is a three-year deadline from when you first learned about the issue.

How much is a Volkswagen car finance complaint worth?

Due to the active nature of the FCA investigation, we don’t know how much each complaint is worth. With that said, the FCA has made it clear that it wants all claimants to have an opportunity to receive fair compensation. So if you’re ready to get started, please contact us today at Claims Bible.

Why choose Claims Bible?

100% Confidentiality

Being discreet is part of our business, our legal representatives will never discuss your case without your permission.

Proven Track Record

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.

Claim Professionals

We partner with specialist firms so your claim is handled by an expert who is familiar with your type of claim.

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Don’t Delay. Check Now.

Don’t miss out on £100’s or even £1,000’s in compensation you could be entitled to. Checking only takes 5 minutes, so why not do it now?