Legal firms target car dealers over ‘PPI-style mis-selling’ of leases

Industry News | 19/06/20

Specialist legal firms are targeting car dealers with a wave of mis-selling claims, stoking fears that the boom in leasing could end in a costly scandal. So-called claims management firms, which helped extract £50bn in compensation from the financial services industry over payment protection insurance (PPI) are now turning their attention to Britain’s £75bn motor finance sector, which covers 6.5m vehicles.

Source: The Telegraph