Important Information About the FCA’s Motor Finance Review
The Financial Conduct Authority (FCA) has confirmed that parts of its motor finance compensation scheme have paused while a legal challenge is considered. You can find further details about the scheme here: FCA confirms motor finance redress scheme | FCA. If you believe you may be affected, please visit our Motor Finance Commission Enquiry page for further details and guidance.
If you go over your mileage allowance in one year, there’s often no need to worry as your allowance is based on the total estimated mileage over your entire agreement, not a single year.
Key things to consider before requesting a change to your annual mileage:
Please be aware that if you’ve gone over your agreed total mileage at the end of your agreement, excess mileage charges will apply at the rate outlined in your agreement.
If you’d still like to request a mileage extension, please complete the form below and our teams will provide you with a quote. You’ll receive details of your updated monthly payments, and can choose whether to proceed with the change.