Guide 9 October 2026 |  | Shannon Smith O'Connell |
Are 4-Year PCP Deals Worth It? What Drivers Should Consider Before Signing
Four-year PCP deals may offer lower-looking monthly payments, but drivers should consider the total cost, APR, mileage, balloon payment and how long they want to keep the car. We explain what to check before committing to a 48-month PCP.
News 8 October 2026 |  | Andrew Franks |
Volkswagen Car Finance Compensation Provision Reaches £725m
Volkswagen Financial Services UK has disclosed a £725 million provision for historic motor finance commission costs, alongside a significant annual loss. The company continues to challenge aspects of the FCA's compensation scheme, leaving questions over the final cost and timetable for Volkswagen car finance claims.
Guide 7 October 2026 | | Shannon Smith O'Connell |
PCP Refund Timelines in 2026: How Long Do Car Finance Claims Take?
Car finance claims can still progress in some areas, but the Upper Tribunal's partial suspension has interrupted the route to compensation. This October 2026 guide explains which stages can continue, why PCP refund dates are uncertain and what needs to happen before payments can begin.
News 6 October 2026 | | Andrew Franks |
Stellantis Car Finance Compensation Provision Rises to £221m
Stellantis Financial Services UK has increased its provision for potential motor finance redress from £37.1 million to £221.3 million. We explain what the latest accounts mean for Stellantis and PSA Finance claims, and why the provision does not guarantee individual compensation.
News 5 October 2026 | | Andrew Franks |
MotoNovo Car Finance Compensation Provision Rises to £220m
MotoNovo Finance has set aside £220.3 million for potential motor finance redress after taking a £153.2 million charge for historic commissions. We explain what the latest figures and Aldermore's ongoing sale could mean for MotoNovo Finance claims.
Guide 2 October 2026 |  | Chris Roy |
Can You Claim Car Finance Compensation for Someone Who Has Died?
Eligible car finance claims do not necessarily end when a customer dies. Find out how executors, personal representatives and beneficiaries can check old PCP and hire purchase agreements and pursue potential car finance compensation.
News 1 October 2026 | | Andrew Franks |
Close Brothers Car Finance Compensation Provision Rises to £320m
Close Brothers has taken another £164.7 million charge for historic motor finance commissions, bringing its total provision to around £320 million. We explain what the latest results mean for Close Brothers car finance claims and why the provision does not guarantee individual compensation payments.
Guide 30 September 2026 | | Chris Roy |
What to Do If Your Lender Does Not Acknowledge Your PCP Complaint
If your lender has not acknowledged your PCP claim, it does not automatically mean your complaint has been rejected. This updated guide explains how to confirm your complaint was received, when to follow up, what to do if you cannot find an old agreement, and how the FCA scheme’s legal challenges and partial suspension affect car finance claims in 2026.
News 29 September 2026 | | Andrew Franks |
UK Car Finance Market Splits as New Car Lending Rises but Used Finance Falls
UK consumer car finance volumes fell slightly in July 2026, but the headline figure masks a widening divide in the market. New car finance grew by 10% while used car finance volumes fell by 7%, although overall activity remains higher for the year to date.
Guide 28 September 2026 | | Shannon Smith O'Connell |
How to Recover Old PCP or HP Paperwork If the Dealer Has Closed
If your dealership has closed and your old PCP or HP paperwork is missing, you may still be able to trace the finance agreement. This updated guide explains how to use lender records, bank statements, Experian, TransUnion and Equifax, plus car finance refund checks and PCP claim services, while covering the latest FCA legal challenges and delays affecting claims in 2026.