When considering Infiniti car finance claims, it's important to note that many consumers purchased Infiniti vehicles through dealers like Peter Vardy or similar groups. While Peter Vardy may not currently stock Infiniti, they operated as a dealer for the brand in the past. This period was marked by significant changes in how PCP (Personal Contract Purchase) and HP (Hire Purchase) finance agreements were structured and administered.
Infiniti Finance at Peter Vardy
When purchasing an Infiniti through Peter Vardy, consumers often opted for PCP or HP financing options to manage the cost of their vehicle over time. In these arrangements, dealers like Peter Vardy would partner with a lender to offer customers a range of finance products. However, the dealer did not act as the financier; instead, they facilitated access to financing offered by third-party lenders. This setup often involved
discretionary commission arrangements (DCAs), which were common in car finance deals during the period from 6 April 2007 to 1 November 2024. These DCAs allowed dealers and lenders to benefit financially from the sale of these agreements, potentially at the expense of consumers.
Finding Your Lender
If you purchased an Infiniti through Peter Vardy and are considering a car finance claim, it is crucial to identify which lender provided your financing agreement. Unlike other aspects of the transaction, such as the dealer's role or the vehicle itself, the lender plays a key part in addressing any issues with your finance agreement. To find this information, review your contract documentation carefully; you should be able to locate the name and contact details of your lender there.
When dealing with potential car finance claims related to an Infiniti purchased through Peter Vardy or any other dealer, it is important to understand that you can
complain directly to your lender without involving a third party. Many consumers mistakenly believe they need to use the services of a
claims management company to address issues with their finance agreement. However, this is not necessary and often comes at an additional cost. You do not need a claims management company; instead, you should contact your lender directly for free.
Sources and references
- FCA figures: 14 million agreements affected (FCA estimate), £8.2 billion total (FCA estimate), £700 average (FCA estimate)
- Information on Peter Vardy's operations in Scotland and their historical relationship with Infiniti is based on industry records and public statements.
- The period covered by these claims is from 6 April 2007 to 1 November 2024.