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Benelli Motorbike Finance Mis-Selling — FCA Investigation

Last updated: 26 February 2026

Are you a Benelli motorbike owner who purchased your vehicle on PCP or HP finance? If so, you may be affected by the Financial Conduct Authority's (FCA) investigation into motor finance mis-selling. During the period from 6 April 2007 to 1 November 2024, it was common for Benelli motorcycles to be financed through various lenders such as Black Horse, Close Brothers Motor Finance, MotoNovo Finance, and Moneybarn. ## How Benelli Motorbikes Were Financed Benelli motorbikes were often sold with [Personal Contract Purchase](https://mlj.org.uk/guides/pcp-claims) (PCP) or [Hire Purchase](https://mlj.org.uk/guides/hp-claims) (HP) agreements arranged by the aforementioned finance providers. These loans typically allowed buyers to make lower monthly payments for an initial period followed by a balloon payment at the end of the contract, or simply pay off the bike in full through regular instalments over its term. ## The FCA Motor Finance Investigation The FCA launched an investigation into discretionary commission arrangements between lenders and car dealerships (including motorcycle retailers) from 6 April 2007 to 1 November 2024. This probe uncovered that these commissions could incentivise higher interest rates and more expensive finance deals, potentially leading to thousands of customers being overcharged by £829 on average (FCA estimate). A total of 12.1 million eligible agreements (FCA, March 2026) across the UK during this period (FCA estimate), involving a staggering amount of £7.5 billion in consumer losses (FCA estimate). ## How to Check Your Agreement review any paperwork related to commissions or incentives that may have influenced your loan terms. ## How to Complain Directly to Your Lender for Free If you suspect your finance deal was mis-sold, you can complain directly to the lender who financed your Benelli motorbike without needing a claims management company. Common lenders include Black Horse, Close Brothers Motor Finance, MotoNovo Finance, and Moneybarn. These companies are legally required to address your concerns promptly and fairly. You do not need a claims management company; contacting the lender yourself is straightforward and free of charge. By doing so, you can potentially recover overcharged amounts without incurring additional fees or delays associated with third-party services. ## Sources and References - Financial Conduct Authority (FCA). "Motor Finance Mis-selling Investigation." 2024. - Office for National Statistics (ONS) Census. 2021.

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.

Benelli MOT Pass Rate — 2024 Data

Across 2,785 MOT tests in 2024, Benelli vehicles have an overall pass rate of 87.9%. This is above the national average of 79.6%. DVSA data covers 12 Benelli models with sufficient test volume.

Overall pass rate: 87.9%
Total MOT tests (2024): 2,785
Models with data: 12
National average: 79.6%

Best Benelli models for MOT pass rate

Benelli Tornado Naked T 125: 84.6% pass rate (747 tests)

Benelli MOT Reliability Trend (2022-2024)

Benelli pass rates have remained stable: 88.1% in 2022, 88.9% in 2023, and 87.9% in 2024.

2022: 88.1% pass rate (1,496 tests)
2023: 88.9% pass rate (2,093 tests)
2024: 87.9% pass rate (2,785 tests)

Based on 6,374 MOT tests across three years (DVSA open data).

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

Frequently Asked Questions

What is motor finance mis-selling related to Benelli motorcycles?

Motor finance mis-selling involves lenders pushing consumers into expensive credit agreements for Benelli motorcycles that are unsuitable or unnecessary, often through misleading practices.

How many people might have been affected by Benelli motorcycle motor finance mis-selling from April 2007 to November 2024?

Based on the estimated number of agreements made during this period and considering market share, a significant number of individuals could potentially be impacted. However, specific figures for Benelli are not available; national estimates suggest millions of such agreements were made (FCA estimate).

What should I do if I suspect my Benelli motorcycle finance agreement was mis-sold?

You can complain directly to your lender for free and request a review of the terms under which you acquired your Benelli motorcycle. This is typically the first step in addressing any concerns about mis-selling.

Is it necessary to use a claims management company if my Benelli motorcycle finance was mis-sold?

You do not need a claims management company; many consumers handle complaints and negotiations with their lenders independently. Seeking legal advice from a solicitor is an option but not mandatory.

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.