MI Vehicle Car Finance Claims

MI Vehicle Finance Car Finance Claims: Mis-Sold PCP & HP Compensation

Reviewed by Mis-sold Expert | Last reviewed: 07/07/2026

MI Vehicle Finance operates in the UK motor finance market, arranging agreements through dealership partnerships for both new and used vehicle purchases. As with other point-of-sale finance providers, its agreements are typically set up at the time of vehicle purchase rather than sourced independently by the customer.

Is MI Vehicle Finance under review for mis-sold car finance?

MI Vehicle Finance falls within the FCA's industry-wide review of dealer-arranged motor finance. Claims generally follow the same pattern as other point-of-sale providers, whether the dealership's commission arrangement influenced your interest rate, and whether that was properly explained before you signed.

Signs your MI Vehicle Finance agreement may have been mis-sold

• You weren't told the dealership received commission for arranging your MI Vehicle Finance agreement
• You weren't shown alternative finance providers before committing
• The interest rate wasn't clearly explained or justified based on your circumstances
• Total repayable costs only became clear after signing
• Affordability wasn't properly assessed relative to your actual income and expenses

How much compensation could I get from an MI Vehicle Finance claim?

If your complaint is upheld, compensation typically covers a refund of interest overpaid due to an undisclosed commission arrangement, plus statutory interest. As with other lenders, the specific amount depends on your individual agreement.

Compare MI Vehicle Finance with other lenders

• Hampshire Bank Car Finance
• Hartwell Car Finance