A driver reviews a past car finance agreement, reflecting a growing number of motorists reassessing older deals amid concerns over mis-sold car finance.
What once felt like a convenient way to finance a car is now under closer review. Across the UK, drivers are taking a second look at old agreements to check for signs of mis-sold car finance. Reclaim247 is helping people explore potential car finance claims and PCP claims using a fast, document-free tool with no cost to begin.
Manchester, UK – February 16, 2026 – For years, car finance was sold as the simple option. Easy approvals, low deposits and monthly payments made a new vehicle seem more accessible. But convenience usually came at a price.
Today, more drivers are looking back at those quick decisions to see if the full story was ever shared. In many cases, it wasn’t.
Reclaim247 is helping people understand how mis-sold car finance may have shaped those deals. Through a free online checker, drivers can explore whether they may be eligible for car finance refund or compensation, often uncovering hidden details they were never told at the time.
“People weren’t necessarily misled with aggressive sales tactics,” said Andrew Franks, Co-Founder of Reclaim247. “But they also weren’t given the full facts. If a broker adjusted the interest rate or left out key costs, that convenience has come at the customer’s expense.”
How Mis-Sold Car Finance Can Hide in Plain Sight
Between 2007 and 2024, millions of car finance agreements were signed. Many of them followed standard processes that are now being investigated by the Financial Conduct Authority.
What looked like a fair deal may have included practices such as:
Discretionary Commission Arrangements
Brokers raised the customer’s interest rate to earn more commission, without explaining it.
Unfairly High Commissions
The broker received a payment that didn’t reflect the value of the loan, and the customer was never told.
Limited Finance Options
Drivers were told they had choices but were only presented with a single finance product.
These issues are now central to many mis-sold car finance cases. A growing number of drivers are realising that these practices may entitle them to a car finance claim, even if they completed their agreement years ago.
Why PCP Claims Often Get Missed
PCP finance was widely promoted as a flexible and affordable way to drive a newer car. The low monthly payments were appealing. But the balloon payment at the end and unclear ownership terms left many people unsure about the true cost.
“We often speak to drivers who never questioned the deal at the time,” Franks added. “But when they add up the final costs, they realise they didn’t fully understand what they signed up for. That’s where a PCP claim often starts.”
Checking for Car Finance Mis-Selling: Fast, Free and Private
Reclaim247’s eligibility checker is designed to make the process simple. Drivers can explore potential PCP claims or car finance claims without digging up old paperwork or remembering who the lender was.
The tool only requires a name, address and date of birth. If signs of car finance mis-selling are found, the driver is referred to a regulated legal partner who can take the next steps. There’s no cost to begin, and no fee unless compensation is successfully recovered.
Looking Back to Move Forward
Car finance agreements that once felt convenient may not have been as clear or fair as they should have been. As more people focus on financial transparency, it makes sense to check if those past decisions were built on solid ground.
If you financed a car between April 2007 and November 2024, Reclaim247 can help you check if you’re eligible for a car finance claim or PCP claim.
Start your free check today at www.Reclaim247.co.uk
No documents needed. No upfront cost. No pressure.
About Reclaim247
Reclaim247 is a UK-based claims management service dedicated to helping drivers check whether they were affected by mis-sold car finance. The company offers a simple, free and document-free way for motorists to explore potential car finance claims and PCP claims by searching historic finance agreements on their behalf.
Media Contact
Company Name: Reclaim247
Contact Person: Andrew Franks
Email: Send Email
Country: United Kingdom
Website: https://www.reclaim247.co.uk/