Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
World
Anna Wise

Crisis looms for motor finance industry ahead of crucial 2025 court decision

The Supreme Court is expected to hear the appeal in 2025 (David Jones/PA) - (PA Archive)

A crisis facing the UK’s car finance market is looming as a crucial court decision over the potential mis-selling of loans could see lenders foot a £30 billion compensation bill, and send shockwaves across the industry.

Some experts have raised the possibility that potentially millions of motorists could be eligible for a payout.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.