The Aprilia Tuono 660, a powerful and agile sportbike introduced in recent years, was commonly sold on Personal Contract Purchase (PCP) and Hire Purchase (HP) finance agreements during the period under investigation by the Financial Conduct Authority (FCA), from 6 April 2007 to 1 November 2024. This period saw millions of consumers take out motorbike finance deals, many of which may have been mis-sold due to discretionary commission arrangements that favoured lenders over borrowers.
How the Aprilia Tuono 660 was Typically Financed
The Aprilia Tuono 660 is a high-performance motorcycle often purchased through financing options such as PCP and HP. During the investigation period, typical finance amounts for this model ranged from £5,000 to £15,000 (FCA estimate). Common lenders providing these agreements included Black Horse, Close Brothers Motor Finance, MotoNovo Finance, and Moneybarn.
For PCP plans, the term typically lasted 36 to 48 months. These agreements often included a final balloon payment at the end of the contract, which could be significant if not planned for properly by the borrower. This payment is crucial as it represents the residual value of the motorcycle that must be paid in full or used towards another finance agreement.
The FCA Motor Finance Investigation
The Financial Conduct Authority (FCA) launched a major investigation into motorbike and car finance agreements, focusing on discretionary commission arrangements between lenders and dealerships. These arrangements were intended to incentivise sales but often led to higher costs for consumers without providing clear benefits. According to the FCA's estimates, 12.1 million eligible agreements were affected by these practices (FCA estimate), resulting in an estimated £7.5 billion (FCA, March 2026) in total overcharges (FCA estimate). On average, each borrower could have been overcharged by around £829 (FCA estimate).
How to Check Your Agreement Look specifically for any mention of a "Discretionary Contribution Arrangement" (DCA) or similar terminology that indicates discretionary commissions were involved in setting up your deal.
check if your finance agreement was taken out between 6 April 2007 and 1 November 2024, the period covered by the FCA investigation. If you find any suspicious terms or if the agreement falls within this timeframe, it is worth investigating further to understand whether you were overcharged.
If you suspect that your Aprilia Tuono 660 finance agreement was mis-sold due to discretionary commission arrangements, you can complain directly to your lender at no cost. Common lenders for this model include Black Horse, Close Brothers Motor Finance, MotoNovo Finance, and Moneybarn.
Start by gathering all relevant documentation related to your finance agreement, including the original contract, payment history, and any correspondence with your lender. Then, submit a formal complaint in writing, detailing why you believe there was mis-selling and requesting a full review of your case.
You do not need a claims management company to handle this process for you; contacting your lender directly is sufficient. Many lenders have dedicated teams to address such complaints, so ensure you provide full details to facilitate their investigation.
Sources and References
- Financial Conduct Authority (FCA), 2024
- Aprilia official website
- ONS Census 2021