Mis-sold pcp finance with Toyota financial services

Jambo

Well-Known Member
First Name
James
Joined
Jan 25, 2021
Threads
8
Messages
47
Reaction score
56
Location
Somerset
Car(s)
Gr supra 2020.
Anyone on here going through or have had a successful claim on the pcp miss selling thing?
Sponsored

 

BrettMRC

Well-Known Member
First Name
Brett
Joined
Jul 2, 2023
Threads
12
Messages
212
Reaction score
195
Location
UK
Car(s)
2022 GR Supra, Defender, Rx400h
They actually tried to get me to finance mine even though I was buying outright!
 

Supra_UK_

Well-Known Member
Joined
Apr 6, 2022
Threads
39
Messages
669
Reaction score
793
Location
Skyrim
Car(s)
Ex-Owner '23 GR Supra 6MT
Isn't this still being investigated for now? I heard you can put a complaint in to get in a 'virtual queue' while the companies await the verdict...
 

Razors Edge

Well-Known Member
Joined
Mar 7, 2023
Threads
0
Messages
85
Reaction score
85
Location
USA
Car(s)
Supra
You ended up buying outright tho?
I did also, was going to finance half via my credit union, but they pissed me off.

I asked the manager how much interest they would get from that loan, she answered, I asked if what they did is worth risking that interest plus my business, she refused to budge, I told her to check the loan now (it was literally 1-2 days old max) and it was paid in full. Moved my entire savings on top of that, had her check that also, seeing how it was quite a large sum. Hung up after laughing at her for being stupid, then did the survey.
 

Malcolm Feth

Well-Known Member
First Name
Andrew
Joined
Mar 11, 2023
Threads
4
Messages
90
Reaction score
208
Location
Bracknell, UK
Website
instagram.com
Car(s)
GR Supra 3.0
I have to ask... How do you mis-sold PCP??? Having hard time understanding what that means. Isn't all in the legal agreement that you agree on?
 

BrettMRC

Well-Known Member
First Name
Brett
Joined
Jul 2, 2023
Threads
12
Messages
212
Reaction score
195
Location
UK
Car(s)
2022 GR Supra, Defender, Rx400h
I have to ask... How do you mis-sold PCP??? Having hard time understanding what that means. Isn't all in the legal agreement that you agree on?
I'm assuming the mis-sell would relate to final value or exit options?

It's a strange one...
 
OP
OP
Jambo

Jambo

Well-Known Member
First Name
James
Joined
Jan 25, 2021
Threads
8
Messages
47
Reaction score
56
Location
Somerset
Car(s)
Gr supra 2020.
I believe it’s to with dealers putting on secret commission, with out telling the customer. Give it a quick google and it’ll give you more information. Uk only though, just wondering if anyone else has put a claim in aswell.
 

Malcolm Feth

Well-Known Member
First Name
Andrew
Joined
Mar 11, 2023
Threads
4
Messages
90
Reaction score
208
Location
Bracknell, UK
Website
instagram.com
Car(s)
GR Supra 3.0
I would assume that all dealers get a cut when they sell PCP. That feels absolutely normal! 😁
Sponsored

 
 




Top