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My PCP Claim

Santander · Peugeot

Peugeot finance with Santander

Check whether your Peugeot agreement arranged through Santander between 2007 and 2024 is eligible under the FCA's Consumer Redress Scheme.

Takes under 60 seconds. No documents needed. No win, no fee*.

About Santander

Santander has set aside £640 million for motor finance redress. Set aside across three separate provisions: an initial £295 million, increased by £166 million in February 2026, and a further £179 million following PS26/3 publication in March/April 2026. Santander holds approximately 9.4% of the UK motor finance market.

No Supreme Court involvement. Santander accepted the FCA scheme in late April 2026, describing the decision as "finely balanced", it had previously called on the government to intervene in the scheme and delayed publication of its Q3 2025 financial results due to uncertainty.

Santander is one of the UK's largest motor finance lenders and is considered to have had significant DCA exposure across its book during the period before the FCA ban in January 2021.

Current scheme status

Accepted scheme; not challenging. Focusing on implementation.

Peugeot and motor finance

Peugeot is a consistent mainstream volume brand in the UK; broad dealer coverage and a full model range drove steady finance volumes throughout the scheme period.

PCP and HP were both widely used across the Peugeot range. The manufacturer's own finance arm (now Stellantis Financial Services, formerly PSA Finance) was active alongside broad market lenders.

Peugeot's mainstream positioning and broad dealer coverage generated consistent finance volumes throughout the scheme period. PCP and HP were both widely used, with average agreement values ranging from approximately £8,000 on a 208 to £25,000 on a 3008 or 5008. The 3008's rapid growth in the later part of the scheme period made it one of Peugeot's highest-volume financed models and a significant source of agreements potentially in scope of the FCA scheme.

Common Peugeot models in scope

  • Peugeot 208

    Peugeot's supermini (sold as the 207 until 2012, then the 208); a consistent high-volume seller on PCP and HP throughout the scheme period.

  • Peugeot 308

    Peugeot's family hatchback; consistently strong UK volumes on PCP and HP throughout the scheme period.

  • Peugeot 3008

    Peugeot's SUV; growing rapidly from its second generation in 2017 to become the brand's bestselling UK model, predominantly sold on PCP.

  • Peugeot 5008

    Peugeot's seven-seat SUV; above-average agreement values given higher vehicle price, predominantly sold on PCP from 2017 onwards.

  • Peugeot 2008

    Peugeot's compact crossover; growing PCP volumes from its 2013 launch to the scheme end date.

  • Peugeot 508

    Peugeot's executive offering; above-average agreement values in eligible cases, sold on PCP through the scheme period.

Are you eligible?

You may be eligible to claim against Santander if all of the following apply:

  • You took out a PCP or HP motor finance agreement between 6 April 2007 and 1 November 2024.
  • The finance was arranged through a UK dealer or broker, on a regulated agreement.
  • The agreement was for a car, van or motorcycle for personal use.
  • You can identify yourself, we can trace the agreement details on your behalf.

What makes an agreement eligible?

  • A Discretionary Commission Arrangement (DCA) was in place and was not properly disclosed to you. Under a DCA, the dealer could increase your interest rate to earn a larger commission from the lender without telling you.
  • The commission paid to the dealer was unusually high — amounting to at least 39% of the total cost of credit and 10% of the loan — and was not properly disclosed.
  • There was a contractual tie giving the lender exclusivity over your finance, which was not made apparent to you.

What you could receive

The FCA has confirmed the average payout under the scheme is £829 per agreement. Individual outcomes vary depending on the size of your agreement, the commission charged, and how long the finance ran. If you financed more than one vehicle through Santander, each agreement can be assessed.

How it works

  1. 1

    Tell us your basics

    Enter your name and a few details. We do not need finance documents to start, our team will trace historic agreements on your behalf.

  2. 2

    We assess your agreements

    We check what we find against the FCA scheme criteria and tell you which agreements are likely in scope, including any you may have forgotten.

  3. 3

    We pursue the right route

    Where the scheme offers the best outcome, we run it for you. Where independent litigation could produce a better result, we say so honestly and explain why.

Ready to check your Peugeot agreement with Santander?

Takes under 60 seconds. No documents needed. No win, no fee*.

Frequently asked questions

Did Santander use Discretionary Commission Arrangements on Peugeot finance?
Like most motor finance lenders operating before the FCA ban in January 2021, Santander used commission arrangements with dealers across its book. If your Peugeot finance agreement was arranged through Santander before that date, there is a real possibility a commission arrangement affected what you paid.
Which Peugeot models are covered?
Any Peugeot agreement financed through Santander between 2007 and 2024 may be in scope, including models such as 208, 308, 3008, 5008, 2008 and 508. Eligibility depends on the specific agreement, not the model.
Can I do this myself?
Yes. You can contact your lender directly to make a complaint, or refer your claim to the Financial Ombudsman Service (FOS) yourself for free. The FCA's Consumer Redress Scheme is also designed to be accessible without legal representation.
Will making a claim affect my credit score?
No. Making a claim will not affect your credit score. This is a separate process from your credit history.
Do I need to find old paperwork?
No documents are required to get started. We can trace your finance agreements using basic personal details.
What if my lender has been taken over or has exited the market?
This is common for agreements going back to 2007. If the original lender has been acquired, merged, rebranded, or has exited the market, the successor firm typically inherits liability for historic agreements. We handle this on your behalf.

Related information

Financed a car between 2007 and 2024?

Check your eligibility for the FCA's mandatory motor finance redress scheme. Takes under a minute. No documents needed.

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