Porsche cars, renowned for their German engineering and performance, were 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. This period saw significant scrutiny over
discretionary commission arrangements in motor finance agreements across the UK, affecting millions of consumers.
How Porsche Cars Were Financed
Porsche dealerships often used financing options like PCP and HP provided by various lenders including
Black Horse, Barclays Partner Finance,
Close Brothers Motor Finance,
MotoNovo Finance, and
Santander Consumer Finance. These finance plans typically allowed customers to make monthly payments on a new or nearly new vehicle with the option at the end of the agreement to return the car, buy it outright for its Guaranteed Future Value (GFV), or extend financing terms through another PCP deal.
The FCA Motor Finance Investigation
During the investigation period, the FCA found that many motor finance agreements were affected by discretionary commission arrangements. These commissions were paid by lenders to brokers and dealers when a customer took out a finance agreement. According to the FCA estimates, these arrangements impacted 12.1 million eligible agreements (FCA, March 2026) with a total value of £7.5 billion (FCA estimate). The average mis-sold commission per agreement was estimated at around £829 (FCA estimate).
The mechanics behind these commission arrangements involved lenders paying brokers and dealers additional fees when customers signed up for finance plans, even if the customer received no direct benefit from such payments. These practices could lead to higher interest rates or other terms that were less favourable to consumers.
How to Check Your Agreement Agreements made between 6 April 2007 and 1 November 2024 are within the FCA's investigation period. You can also look for signs that additional fees were involved in setting up your finance plan.
If you suspect your Porsche finance agreement was part of these discretionary commission arrangements, you do not need 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 processes in place for handling complaints directly at no cost to the consumer.
You can complain directly to your lender by writing to their customer service department or contacting them online through their official website. It is important to gather any relevant documentation such as your finance agreement details and proof of payments when making a complaint.
Sources and References
- Financial Conduct Authority (FCA) estimates on affected agreements, total value, and average commission.
- Office for National Statistics (ONS) Census 2021
- Financial Ombudsman Service (FOS) guidance on motor finance complaints
FCA Compensation: FCA Scheme Figures
The FCA confirmed on 30 March 2026 that 12.1 million motor finance agreements are covered by the FCA redress scheme. The FCA-estimated scheme average of £829 per eligible agreement per agreement, with a total of £7.5 billion set aside for consumers. The scheme covers PCP and HP agreements entered into between 6 April 2007 and 1 November 2024.
Two separate schemes apply: post-2014 agreements (implement by 30 June 2026) and pre-2014 agreements (implement by 31 August 2026). The final deadline to complain is 31 August 2027. You can complain to your lender directly for free. You do not need a claims management company.
Across 172,576 MOT tests in 2024, Porsche vehicles have an overall pass rate of 89.4%. This is above the national average of 79.6%. DVSA data covers 61 Porsche models with sufficient test volume.
- Overall pass rate: 89.4%
- Total MOT tests (2024): 172,576
- Models with data: 61
- National average: 79.6%
Best Porsche models for MOT pass rate
- Porsche 911 Turbo S S-A: 94.2% pass rate (534 tests)
- Porsche Macan: 92.8% pass rate (30,180 tests)
- Porsche Taycan 4S 93Kwh: 92.7% pass rate (1,569 tests)
- Porsche Taycan Turbo S: 91.8% pass rate (619 tests)
- Porsche Taycan 4S 79Kwh: 91.4% pass rate (582 tests)
Porsche models with lowest MOT pass rate
- Porsche Cayenne: 88.1% pass rate (28,738 tests)
- Porsche Boxster: 86.0% pass rate (32,026 tests)
- Porsche 928 S: 84.1% pass rate (508 tests)
- Porsche 944: 80.2% pass rate (2,230 tests)
- Porsche 924: 78.6% pass rate (608 tests)
Porsche MOT Reliability Trend (2022-2024)
Porsche pass rates have remained stable: 89.2% in 2022, 89.3% in 2023, and 89.4% in 2024.
- 2022: 89.2% pass rate (172,069 tests)
- 2023: 89.3% pass rate (181,592 tests)
- 2024: 89.4% pass rate (172,576 tests)
Based on 526,237 MOT tests across three years (DVSA open data).
Data source: DVSA anonymised MOT test results 2024, Open Government Licence v3.0.