Peugeot e-5008 Motor Finance - Owner Information | MLJ.org.uk

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Peugeot e-5008 Motor Finance - Owner Information | MLJ.org.uk

Last updated: 27 February 2026

The Peugeot e-5008 was commonly sold on Personal Contract Purchase (PCP) and Hire Purchase (HP) finance agreements during the Financial Conduct Authority's (FCA) investigation period, which spanned from 6 April 2007 to 1 November 2024. This investigation uncovered widespread mis-selling practices in the motor finance industry, affecting millions of consumers who financed their vehicles through various lenders.

How the Peugeot e-5008 was Typically Financed

The Peugeot e-5008 is a popular electric vehicle that was frequently sold with PCP and HP agreements. During this period, typical PCP terms for financing the car ranged from £15,000 to £30,000 over 36 to 48 months, often featuring a balloon payment at the end of the agreement. Common finance lenders that provided these arrangements included Black Horse, Barclays Partner Finance, Close Brothers Motor Finance, MotoNovo Finance, and Santander Consumer Finance. A PCP agreement typically involves lower monthly payments compared to HP due to the inclusion of a significant final lump sum, known as a balloon payment or Guaranteed Minimum Future Value (GMFV). This final payment is based on an estimate of what the vehicle will be worth at the end of the finance term. However, this practice often leads to consumers being overcharged for their financing.

The FCA Motor Finance Investigation

The FCA's investigation into motor finance arrangements revealed significant mis-selling practices related to discretionary commission agreements (DCAs). These DCAs allowed lenders to pay additional commissions to car dealers and brokers based on the volume of finance they arranged. This practice incentivised pushing customers towards higher-cost financing options, such as PCP deals with high balloon payments. The FCA found that 12.1 million eligible agreements (FCA, March 2026) by these practices during the investigation period (FCA estimate). The total value of mis-sold agreements was estimated at £7.5 billion (FCA, March 2026), with an average mis-selling cost per agreement of £829 (FCA estimate).

How to Check Your Agreement Look specifically for any references to "discretionary commission" or "DCA." The relevant dates to consider are from 6 April 2007 to 1 November 2024.

If your agreement includes a DCA reference and was arranged during this period, the FCA scheme covers eligible agreements. check the terms of your finance agreement for any clauses that suggest you were encouraged towards a higher-cost financing option rather than a more suitable one based on your needs and financial circumstances.

How to Complain Directly to Your Lender for Free

If you believe your Peugeot e-5008 was financed through an affected agreement, you can complain directly to the finance provider without needing assistance from a claims management company. Common lenders that provided financing during this period include Black Horse, Barclays Partner Finance, Close Brothers Motor Finance, MotoNovo Finance, and Santander Consumer Finance. When contacting your lender, clearly outline why you believe you were mis-sold and provide any relevant documentation to support your case. You do not need a claims management company to help with this process; many lenders have established procedures for handling such complaints free of charge.

Sources and References

Financial Conduct Authority (FCA). "Motor Finance Market Study: Final Report." 2024.
Financial Ombudsman Service (FOS). "Guidance Notes on Motor Finance Complaints." 2024.

Peugeot 5008 [MOT Pass Rate](https://mlj.org.uk/tools/mot-statistics)

Based on 29,266 MOT tests conducted in 2024 (source: DVSA anonymised test data), the Peugeot 5008 has a pass rate of 78.2%. This is close to the national average of 79.6%, meaning the 5008 performs about average in MOT testing.

The 5008 pass rate is in line with the overall Peugeot average of 77.1%. The average mileage at MOT for this model is 70,788 miles.

MOT pass rate: 78.2%
MOT failure rate: 21.8%
Tests analysed: 29,266 (2024 DVSA data)
Average mileage at test: 70,788 miles
Peugeot average pass rate: 77.1%
National average pass rate: 79.6%

Data source: DVSA anonymised MOT test results 2024, published under the Open Government Licence v3.0.

Frequently Asked Questions

What are common issues related to Peugeot e-5008 motor finance mis-selling?

Common issues include being misled about repayment terms or being pushed into a high-interest agreement when alternatives were available.

How many agreements might have been affected by motor finance mis-selling involving the Peugeot e-5008 model?

From 6 April 2007 to 1 November 2024, 12.1 million eligible agreements (FCA, March 2026) could potentially be affected by motor finance mis-selling across various car models including the Peugeot e-5008.

What is a fair course of action if I suspect my Peugeot e-5008 motor finance agreement was mis-sold?

You should review your contract and any communications with the lender to understand your rights. You can complain directly to your lender for free without needing a claims management company.

What does the FCA scheme coverement was mis-sold?

The average amount of compensation per claim is around £829 (FCA estimate), but the exact figure can vary based on individual circumstances.

Important: MLJ.org.uk is an independent information resource. We are not a claims management company, solicitor, law firm, or financial adviser. We do not process claims, take fees, or provide advice. Where the law gives you a right to complain or claim directly (to a lender, council, FOS, court, or regulator), you can do so without paying a third party. MLJ.org.uk is operated by Copious Ltd, registered in England and Wales, company number 11437826.