Cambria Automobiles, a dealership located in the South East and Midlands regions of the UK, has historically been involved in the sale of Genesis vehicles. Although Cambria Automobiles may not currently stock Genesis models, many consumers have purchased these cars through Cambria Automobiles or similar dealer groups on Personal Contract Purchase (PCP) or Hire Purchase (HP) finance agreements.
Genesis Finance at Cambria Automobiles
When purchasing a Genesis vehicle from Cambria Automobiles using PCP or HP finance, the process involves several steps. First, you choose your desired model and select the financing option that suits your budget. The dealer arranges for a lender to provide the finance agreement, which can include terms like interest rates, deposit requirements, and monthly payments. Cambria Automobiles may have operated under
discretionary commission arrangements (DCAs) during this period, where they could receive additional compensation from lenders based on the finance agreements they facilitated.
Finding Your Lender
It is crucial to identify the lender who provided your Genesis car finance agreement when purchasing through Cambria Automobiles. This information can typically be found in the finance documentation you received at the time of purchase. Look for documents such as the credit agreement, finance summary, or any letters from your lender that outline the terms of your finance arrangement.
If you have concerns about your Genesis car finance agreement obtained through Cambria Automobiles, you should first contact the lender directly. Many consumers who purchased their vehicles between 6 April 2007 and 1 November 2024 may be affected by issues related to unfair finance practices during this period. The FCA estimates that approximately 14 million agreements were impacted, with a total of £8.2 billion in claims, averaging around £700 per claim (FCA estimate). You do not need a
claims management company to file your complaint; you can
complain directly to your lender for free.
Sources and references
- Financial Conduct Authority (FCA) estimates: 14 million agreements affected, £8.2 billion total, £700 average claim.
- Cambria Automobiles operates in South East and Midlands regions of the UK.
- The period covered is from 6 April 2007 to 1 November 2024.