Up to 14 million UK drivers may get £700 avg. in compensation for hidden car finance commissions, with redress starting in 2026.

The UK's Financial Conduct Authority has found up to 14 million people may be owed average compensation of £700 due to hidden commissions on car finance deals from April 2007 to November 2024, with a mass redress scheme set to launch in early 2026. Consumer advocate Martin Lewis urges affected drivers to check if they were mis-sold leasing or finance agreements, particularly those with discretionary commission arrangements, as firms will identify eligible customers. Others must opt in. A free complaint template is available online to help those who moved or changed details. The total compensation pool could reach £8.2 billion.