The Mercedes-Benz AMG GT is a high-performance sports car that has been popular among enthusiasts for its sleek design and powerful engine. During the period from 6 April 2007 to 1 November 2024, the AMG GT was commonly sold on
Personal Contract Purchase (PCP) and
Hire Purchase (HP) finance agreements, which were often subject to mis-selling practices as part of a broader investigation by the Financial Conduct Authority (FCA).
How the Mercedes-Benz AMG GT Was Typically Financed
The typical financing arrangements for a Mercedes-Benz AMG GT involved either PCP or HP contracts. Under these schemes, consumers would typically finance an amount ranging from £15,000 to £30,000 over a term of 36 to 48 months. Common lenders providing finance for the AMG GT included
Black Horse, Barclays Partner Finance,
Close Brothers Motor Finance,
MotoNovo Finance, and
Santander Consumer Finance.
In PCP contracts, a balloon payment is often required at the end of the agreement if the customer wishes to own the car or trade it in. This final payment can be substantial and should be carefully reviewed before signing any finance agreement.
The FCA Motor Finance Investigation
The Financial Conduct Authority (FCA) launched an investigation into motor finance agreements from 6 April 2007 to 1 November 2024, focusing on
discretionary commission arrangements that lenders used with retailers. These arrangements allegedly led to excessive and misleading commissions being paid, which may have influenced salespeople to push customers towards more expensive financing options.
The FCA's investigation found that 12.1 million eligible agreements (FCA, March 2026) were affected by these practices across the UK market, resulting in an estimated total of £7.5 billion (FCA, March 2026) in overcharged fees and commissions paid by consumers (FCA, March 2026).
How to Check Your Agreement Look for any mention of "discretionary commission arrangements" or similar terminology in your documentation. check the dates on your agreement to ensure it falls within the period from 6 April 2007 to 1 November 2024.
Another important term to look out for is "DCA," which stands for Discretionary
Commission Arrangement. If you find any of these indicators in your finance contract, there is a possibility that you have been overcharged or misled by the financing terms offered at the time of purchase.
If you suspect that your Mercedes-Benz AMG GT finance agreement may be affected by mis-selling practices during the FCA investigation period, you can complain directly to your lender without needing a
claims management company. Common lenders for financing AMG GT vehicles include Black Horse, Barclays Partner Finance, Close Brothers Motor Finance, MotoNovo Finance, and Santander Consumer Finance.
When contacting your lender, provide them with any documentation or evidence that supports your claim, such as your finance agreement and relevant dates of purchase. You do not need a claims management company to handle this process for you; they can offer their services at an additional cost but are not necessary.
You can complain directly to your lender for free by following these steps:
1.
Gather Documentation: Collect all relevant documents, including your finance agreement and purchase dates.
2.
Contact Your Lender: Reach out to the customer service department of your financing company.
3.
Explain Your Concerns: Clearly state that you believe your agreement may have been affected by mis-selling practices during the FCA investigation period.
4.
Provide Evidence: Share any evidence or documentation supporting your claim.
Sources and References
- Financial Conduct Authority (FCA)
- Office for National Statistics (ONS) Census 2021
- MLJ.org.uk (MLJ)
By following these steps, you can seek redress directly from your lender without incurring additional costs associated with claims management companies.
Based on 375,769 MOT tests conducted in 2024 (source: DVSA anonymised test data), the Mercedes-Benz C has a pass rate of 81.1%. This is close to the national average of 79.6%, meaning the C performs about average in MOT testing.
The C pass rate is in line with the overall Mercedes-Benz average of 82.3%. The average mileage at MOT for this model is 86,936 miles.
- MOT pass rate: 81.1%
- MOT failure rate: 18.9%
- Tests analysed: 375,769 (2024 DVSA data)
- Average mileage at test: 86,936 miles
- Mercedes-Benz average pass rate: 82.3%
- National average pass rate: 79.6%
Data source: DVSA anonymised MOT test results 2024, published under the Open Government Licence v3.0.