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The Guardian - UK
The Guardian - UK
Politics
Kalyeena Makortoff and Rupert Jones

Car loan scandal: what the supreme court ruling means for UK motorists

cars lined up at a used-car showroom
The appeal court ruling of October 2024 shocked lenders, ruling they could be liable for up to £44bn in compensation. Photograph: Paul Dennis/TGS Photo/Rex/Shutterstock

The supreme court has partly overturned an earlier ruling on the car finance commission scandal – seemingly granting UK banks a reprieve and potentially limiting compensation payouts to those consumers whose cases are more serious.

We explain what this means for car buyers, whether anyone should expect compensation, and what the next steps are.

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