If you’ve recently purchased a car through Blue Motor Finance and feel that the loan or finance contract you signed was misrepresented to you, then you could be entitled to compensation. Find out if you’re eligible to make a mis-sold car finance claim against Blue Motor Finance today.

Who Are Blue Motor Finance?

Blue Motor Finance is a UK-based finance company that operates in the automotive finance sector. They make car ownership more attainable by operating as a lender and facilitating vehicle purchases by offering various financing solutions. They work closely with automotive dealerships, enabling customers to secure financing directly from Blue Motor Finance when buying a car. 

What Is a Mis-Sold Car Finance Claim?

A mis-sold car finance claim refers to a situation where a consumer has been a victim of unfair or deceptive practices related to car financing products. The term encompasses a wide range of potential irregularities, including hidden fees, misrepresented interest rates, and false or misleading claims. Such practices could ultimately result in the buyer paying more than they agreed to or being trapped in a contract they did not fully understand.

Blue Motor Finance mis-sold car finance can occur in various ways, such as pressure selling, inadequate disclosure of crucial information, or unsuitable product recommendations. In many cases, buyers may have yet to be given the full picture of their financing agreement and may have understood the financial implications of taking the car loan or leasing agreement. 

If consumers believe they have been the victim of mis-selling, they may be entitled to claim Blue Motor Finance car finance compensation. A successful claim could result in the buyer receiving compensation for any financial losses incurred, as well as the return of their car or termination of their lease without any penalties.

How Could Blue Motor Finance Have Mis-Sold My Car Finance Agreement?

Representatives of Blue Motor Finance may have mis-sold your car finance agreement in several ways. Firstly, they may have failed to carry out proper affordability checks to ensure that the agreement was suitable for your financial circumstances. This could have resulted in you being offered a finance deal that you could not realistically afford, putting you at risk of financial difficulty.

Additionally, Blue Motor Finance may have given you misleading or incomplete information about the terms and conditions of your finance agreement. This could have led to you agreeing to an agreement that was not in your best interests, or that you did not fully understand.

Another possibility is that representatives of Blue Motor Finance may have pressured you into taking out the finance agreement, perhaps by offering incentives or misleading claims about the deal's benefits. This could have resulted in you entering into an agreement that was not right for you.

Regardless of the details of the case, if you believe that you have been mis-sold car finance by Blue Motor Finance, it is important to seek professional advice and support. There are some resources available to help you understand your rights and take appropriate action, such as contacting a legal or financial advisor or lodging a complaint with the relevant regulatory bodies.

How Much Can I Receive for a Blue Motor Finance PCP Claim?

When it comes to Blue Motor Finance mis-sold PCP claims, the compensation a claimant can receive depends on several factors. For instance, if a claimant can prove that Blue Motor Finance mis-sold the agreement and breached FCA regulations, they may be entitled to a full refund of any payments made, as well as compensation for any additional expenses incurred due to the mistake, such as alternative transportation expenses.

In other cases, the compensation may be lower depending on the harm caused. If Blue Motor Finance failed to follow the correct procedure or disclose important information in the sales process, but the customer hasn't incurred any financial loss, compensation may only cover specific expenses such as legal fees. Therefore, the amount of compensation a claimant can receive for a Blue Motor Finance car finance claim varies widely on a case-by-case basis. 

How Can I Start My Car Finance Claim against Blue Motor Finance?

If you believe that you have been mis-sold car finance by Blue Motor Finance, there are several steps that you can take to start your claim. First of all, you should gather as much evidence and information as possible about your car finance agreement, as well as any communications that you have had with them.

Next, you should contact the motor finance company directly to express your concerns and request that they investigate your complaint. Make sure that you keep a record of all correspondence with the company and any responses that they provide.

If you are not satisfied with the response from the finance company, or if they fail to respond to your complaint in a timely manner, you may wish to escalate your claim to the Financial Ombudsman Service (FOS). The FOS is an independent organisation that has the power to investigate complaints and make legally binding decisions on financial disputes. To make a complaint to the FOS, you will need to fill in a complaint form and provide all the relevant evidence and information that you have gathered. The FOS will then carry out an investigation and decide whether your claim is valid.

Our legal partners can help you determine your eligibility and prepare a strong case if deemed qualified. We will assist you throughout the process to get the compensation you deserve.