Last Updated on: 16th May 2024, 08:51 am
Recent reports suggest that numerous UK drivers could claim thousands in compensation for being overcharged on their new vehicle purchases. Further causes for claims have also been identified.
Get My Claim has found thousands of cases where finance agreements were inadequately checked for eligibility, indicating a broader scope for refunds.
Charles Thompson, director at Get My Claim, said: “The issue of ‘inflated prices’ is well documented, however, research suggests that a high number of motorists were sold a finance deal that they couldn’t actually afford meaning they too could be entitled compensation.”
“Our mission at Get My Claim is to ensure that every motorist receives fair treatment and we’re committed to helping drivers reclaim what’s rightfully theirs,” he affirmed.
The Financial Conduct Authority (FCA) is probing whether financing types such as hire purchase or personal contract purchase contributed to overpricing on interest.
Visit Get My Claim to check if you are eligible for a refund.
