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Car finance compensation could still be paid to millions of UK drivers. However, the FCA scheme now faces legal challenges. Here is what drivers should know.

The FCA redress scheme for car finance could lead to refunds for millions of UK drivers. The FCA has confirmed the scheme, but it now faces legal challenges. The scheme focuses on some car finance agreements where firms may not have explained commission clearly.

The long-awaited car finance Supreme Court ruling arrived on 1st August 2025. It changed the legal picture for motor finance claims and helped shape the FCA’s redress scheme. The ruling did not end motor finance claims. However, it changed which legal arguments could still succeed.

Were you mis-sold car finance by Black Horse? If your PCP or HP agreement included hidden commission or poor disclosure, you may be able to make a Black Horse car finance claim. The FCA has confirmed a motor finance redress scheme, although the scheme now faces a legal challenge. Black Horse also has its own commission complaints route.

Were you mis-sold car finance by MotoNovo? If your PCP or HP agreement included hidden commission or poor disclosure, you may be able to make a MotoNovo car finance claim. The FCA has confirmed a motor finance redress scheme, although the scheme now faces legal challenges. MotoNovo also has its own commission complaints route.

The car finance scandal could cost lenders up to £44 billion, yet provisions by major banks such as Lloyds and Barclays suggest a lower risk estimation. This raises questions about the scale of liabilities and emphasises the importance of consumer rights and proper compensation claims as regulatory scrutiny intensifies.