Martin Lewis advises patience after Supreme Court car finance ruling

Business & FinancePersonal Finance
2 Aug 2025 • 10:04 PM MYT
The Independent
The Independent

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  • Millions of drivers may be due compensation for hidden commission payments in car finance schemes.
  • Money expert Martin Lewis advises patience, suggesting an automatic redress scheme could be implemented by the Financial Conduct Authority by the end of the year.
  • The Supreme Court recently ruled that car finance lenders are only liable for hidden commission payments in the most "unfair" cases.
  • While the Supreme Court allowed appeals from two lenders, it upheld one driver's claim, finding his case unfair and awarding him compensation.
  • Lewis cautioned against engaging claims firms currently, as an automatic scheme would negate the need for their services and prevent unnecessary fees.

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