The Maserati Ghibli was commonly sold on
Personal Contract Purchase (PCP) and
Hire Purchase (HP) finance agreements during a significant period under investigation by the Financial Conduct Authority (FCA). This investigation, spanning from 6 April 2007 to 1 November 2024, uncovered issues related to
discretionary commission arrangements that may have affected millions of car finance agreements across the UK. If you financed your Maserati Ghibli during this period, it is important to understand how these practices could impact your agreement.
How the Maserati Ghibli was Typically Financed
The Maserati Ghibli, a luxury sedan known for its sleek design and performance, was often offered on PCP or HP finance agreements. Typical financing amounts ranged from £15,000 to £30,000, with terms generally spanning 36 to 48 months. Common lenders providing finance for the Maserati Ghibli included
Black Horse, Barclays Partner Finance,
Close Brothers Motor Finance,
MotoNovo Finance, and
Santander Consumer Finance.
In PCP agreements, a 'balloon payment' is often required at the end of the term if you wish to own the car outright. This final payment can be significant, especially given the high value of luxury vehicles like the Maserati Ghibli. Understanding your agreement terms is crucial for managing your finances effectively.
The FCA Motor Finance Investigation
The Financial Conduct Authority (FCA) launched an investigation into discretionary commission arrangements used by motor finance lenders during the period from 6 April 2007 to 1 November 2024. These arrangements involved payments made to dealers based on sales volume, which could incentivize them to recommend more expensive or less suitable finance options for customers.
The FCA's investigation found that 12.1 million eligible agreements (FCA, March 2026) by these practices (FCA estimate), resulting in a total estimated refund amount of £7.5 billion (FCA, March 2026). On average, each customer may be eligible for a refund of around £829 (FCA estimate).
These findings highlight the importance of reviewing your finance agreement to determine if you are entitled to compensation.
check for any mention of "Discretionary Contribution Agreement" (DCA) in your documentation. If present, this could indicate that discretionary commissions were involved in your agreement.
If you believe your Maserati Ghibli finance agreement was affected by the FCA's findings, you can complain directly to your lender without needing a
claims management company. Common lenders such as Black Horse, Barclays Partner Finance, Close Brothers Motor Finance, MotoNovo Finance, and Santander Consumer Finance all have dedicated teams to handle these complaints.
To start the process, gather all relevant documentation including your finance agreement, payment receipts, and any correspondence with your lender. Contact your lender's customer service department or visit their website for complaint procedures. You do not need a claims management company; you can manage this process yourself at no cost.
Sources and References
- Financial Conduct Authority (FCA estimate)
- Office of the UK Statistics Authority (ONS Census 2021)
Based on 3,546 MOT tests conducted in 2024 (source: DVSA anonymised test data), the Maserati Ghibli has a pass rate of 86.0%. This is above the national average of 79.6%, meaning the Ghibli performs well in MOT testing.
The Ghibli pass rate is in line with the overall Maserati average of 85.6%. The average mileage at MOT for this model is 56,971 miles.
- MOT pass rate: 86.0%
- MOT failure rate: 14.0%
- Tests analysed: 3,546 (2024 DVSA data)
- Average mileage at test: 56,971 miles
- Maserati average pass rate: 85.6%
- National average pass rate: 79.6%
Data source: DVSA anonymised MOT test results 2024, published under the Open Government Licence v3.0.