Swift Kon-Tiki Motor Finance - Owner Information | MLJ.org.uk

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Swift Kon-Tiki Motor Finance - Owner Information | MLJ.org.uk

Last updated: 27 February 2026

The Swift Kon-Tiki motorhome was commonly sold on Personal Contract Purchase (PCP) and Hire Purchase (HP) finance agreements during the Financial Conduct Authority’s (FCA) investigation period, which spans from 6 April 2007 to 1 November 2024. This period saw a significant number of motorhomes being financed through various lenders, including Black Horse, Close Brothers Motor Finance, Lombard, and Billing Finance. These agreements often ranged in amount from £40,000 to £80,000 with terms lasting between 48 to 120 months.

How the Swift Kon-Tiki was Typically Financed

The Swift Kon-Tiki motorhome, a popular choice for those seeking adventure and comfort on the road, was frequently purchased using PCP and HP finance agreements. These agreements allowed buyers to spread the cost of purchasing their new motorhome over several years, often with the option to return or purchase the vehicle at the end of the agreement term.

Common lenders who provided finance for the Swift Kon-Tiki included Black Horse, Close Brothers Motor Finance, Lombard, and Billing Finance. The typical PCP agreements would involve monthly payments alongside a significant balloon payment at the end of the contract, which could range from £40,000 to £80,000 depending on the model and options chosen.

The FCA Motor Finance Investigation

The FCA launched an investigation into motor finance agreements due to concerns about discretionary commission arrangements. These arrangements were found to potentially incentivise lenders to push customers towards more expensive financing options without fully considering their needs or financial situations. As a result, millions of consumers could have been affected by these practices.

According to the FCA estimates, 12.1 million eligible agreements (FCA, March 2026) impacted during the investigation period (FCA estimate). The total sum involved is estimated at £7.5 billion (FCA, March 2026), with an average refund per agreement amounting to approximately £829 (FCA estimate).

How to Information about agreements covered by the FCA schemen-Tiki motorhome was affected by the FCA investigation, there are several key factors you should look out for:

Agreement Dates: Ensure that your contract was signed between 6 April 2007 and 1 November 2024.
Discretionary Commission Arrangements (DCA): Your agreement may contain language or codes indicating the presence of DCA arrangements. These could be explicitly stated in the terms or referenced by a code such as "DCA" within your documentation.

How to Complain Directly to Your Lender for Free

If you suspect that your finance agreement for a Swift Kon-Tiki motorhome was affected, it is important to understand how to proceed with a complaint. Common lenders such as Black Horse, Close Brothers Motor Finance, Lombard, and Billing Finance all have dedicated processes for handling customer complaints.

To initiate a complaint directly, contact your lender's customer service department or visit their official website to find the relevant forms and guidelines. You do not need a claims management company; you can make a complaint yourself at no cost.

Towed caravans are NOT covered by the FCA motor finance scheme. Only self-propelled motorhomes with their own engine and drivetrain, like the Swift Kon-Tiki, fall under the scope of this investigation.

Sources and References

Financial Conduct Authority (FCA), 2024
Office for National Statistics Census 2021

Frequently Asked Questions

What is Swift Kon-Tiki motor finance mis-selling?

Swift Kon-Tiki motor finance mis-selling refers to situations where lenders may have failed to provide proper advice or misled customers about the suitability of their motorhome finance agreements, leading to consumers being placed in unsuitable products.

How can I address concerns with my Swift Kon-Tiki motor finance agreement?

If you suspect mis-selling related to your Swift Kon-Tiki motorfinance agreement, you should review the terms and conditions carefully. You can complain directly to your lender for free and seek clarification on any misleading information or lack of proper advice.

Is my Swift Kon-Tiki motorhome covered by the FCA scheme?

Yes, self-propelled motorhomes are covered under the Financial Conduct Authority (FCA) rules regarding motor finance mis-selling. However, towed caravans are not included in this coverage.

What should I do if my Swift Kon-Tiki motorhome is involved in a mis-selling case?

If you believe your Swift Kon-Tiki motorfinance agreement was subject to mis-selling practices, it's important to gather all relevant documentation and contact your lender directly. You do not need a claims management company; the process of resolving complaints can typically be handled independently.

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.