Quick Guide:
Eligibility: If you purchased an Audi on PCP finance after April 1st, 2014, you may qualify for compensation.
Lack of Disclosure: Failure to fully explain commissions during your Audi PCP agreement could lead to potential refunds for interest and fees.
Compensation Potential: Successful Audi PCP claims could result in refunds for interest and fees.
How to claim: If you believe you may have Audi PCP Car Finance claim, you need to speak to a finance claims specialist.
FAQs:
How can I determine if I’m eligible for an Audi PCP Claim?
Indicators that you might be eligible for an Audi PCP Claim include: The car salesperson promoted their finance as the ‘best option’ without suggesting you explore other options or presenting alternative choices. The salesperson failed to disclose any commission they would receive from the finance company for your agreement. You were not informed about the exact amount of commission they would receive from the finance company.
How much compensation could I receive for my Audi PCP Claim?
The amount of compensation you can claim varies depending on several factors, such as the terms of the finance agreement, the interest rates applied, the financed amount, and the duration since the PCP finance agreement was initiated. Nonetheless, you may be eligible for thousands of pounds in compensation.
How long does the processing of my Audi PCP Claim take?
The duration varies depending on the specifics of each claim. If the dealership and/or the finance company acknowledge responsibility for the purported PCP mis-selling and commit to rectifying the situation, a compensation claim might be resolved within a few months.
However, if the allegations are contested, the claim may be referred to the Financial Ombudsman Service (FOS), extending the resolution timeline to approximately 12 to 18 months.
Opting for court proceedings, if deemed necessary, could also prolong the process, typically spanning between 12 and 18 months.
How We Can Help
If you’ve been wrongly sold car PCP finance on an Audi car we’re here to assist. Our team includes experienced solicitors ready to examine your position and suggest the most suitable steps forward.
If you’re interested in learning more about making a claim for an Audi PCP, please contact us. We’re eager to discuss your choices and address any queries you might have.
Filing a claim for an Audi PCP might seem complicated, but we’re here to support you through it.
Common Audi Models:
• Audi A3
• Audi Q3
• Audi A4 /S4/RS4
• Audi A1
• Audi Q2
• Audi A6/S6/RS6/Allroad
• Audi Q5
• Audi Q7
• Audi Q8
• Audi TT
• Audi e-tron