The Ford Ranger was commonly sold on
Personal Contract Purchase (PCP) and
Hire Purchase (HP) finance agreements during the Financial Conduct Authority’s (FCA) investigation period from 6 April 2007 to 1 November 2024. The FCA's investigation into motor finance mis-selling has revealed significant issues, particularly with
discretionary commission arrangements that may have affected millions of consumers.
How the Ford Ranger was Typically Financed
The Ford Ranger, a popular car model known for its durability and versatility, was frequently sold through PCP and HP agreements during the period in question. These financing options were provided by several common lenders such as
Black Horse, Barclays Partner Finance,
Close Brothers Motor Finance,
MotoNovo Finance, and
Santander Consumer Finance.
Typically, a Ford Ranger financed under a PCP agreement would involve an initial deposit of around £15,000 to £30,000, followed by monthly payments over 36 to 48 months. At the end of this term, customers have three options: return the vehicle, make a final balloon payment to own it outright, or part-exchange for another car.
The FCA Motor Finance Investigation
The Financial Conduct Authority (FCA) launched an extensive investigation into motor finance practices during the period from 6 April 2007 to 1 November 2024. One of the key findings was the widespread use of discretionary commission arrangements by lenders, which may have led to inflated interest rates and additional costs for consumers.
According to the FCA's estimates, 12.1 million eligible agreements were affected by these practices (FCA estimate), resulting in an FCA-estimated scheme average of £829 per eligible agreement per agreement. The total financial impact across all affected customers was approximately £7.5 billion (FCA, March 2026). This investigation highlighted significant discrepancies and potential mis-selling issues within the motor finance industry.
How to Check Your Agreement Look for any mention of a "Discretionary Commission Arrangement" (DCA) or similar terms. This could indicate that discretionary commissions were paid out by your lender.
Other red flags include unusually high interest rates or unexpected fees not clearly explained in the initial agreement. If you suspect that your finance agreement was affected, it’s crucial to gather all relevant documents and evidence before proceeding with a complaint.
If you believe your Ford Ranger finance agreement is affected by the FCA investigation findings, you can complain directly to your lender without needing to involve a
claims management company. Common lenders for the Ford Ranger include Black Horse, Barclays Partner Finance, Close Brothers Motor Finance, MotoNovo Finance, and Santander Consumer Finance.
When making a complaint, ensure you provide detailed evidence of any discrepancies or issues found in your finance agreement. This can include copies of loan agreements, payment records, and communication with your lender. You do not need a claims management company to handle this process; it is free and straightforward to complain directly to the lender involved.
Sources and References
- Financial Conduct Authority (FCA), 2024
- Office for National Statistics Census 2021
Based on 124,304 MOT tests conducted in 2024 (source: DVSA anonymised test data), the Ford Ranger has a pass rate of 80.5%. This is close to the national average of 79.6%, meaning the Ranger performs about average in MOT testing.
The Ranger pass rate is better than the overall Ford average of 78.3%. The average mileage at MOT for this model is 79,940 miles.
- MOT pass rate: 80.5%
- MOT failure rate: 19.5%
- Tests analysed: 124,304 (2024 DVSA data)
- Average mileage at test: 79,940 miles
- Ford average pass rate: 78.3%
- National average pass rate: 79.6%
Data source: DVSA anonymised MOT test results 2024, published under the Open Government Licence v3.0.