One of the three drivers included in a legal line on motor finance Compensation It is said that he is “dumb” after ” Supreme Court Ruled him Lenders The hidden commission is not responsible for payment.
Marcus Johnson, then a factory supervisor, was buying his first car in 2017 and paid £ 1,650.95 in the commission. Suzuki He bought.
In October last year, court of Appeal It was decided that 35 -year -old and two other drivers who had paid commission as part of car finance agreements before 2021 were entitled to compensation.
The court ruled that motor driver Either clearly sufficiently or at all was not mentioned that the car dealer, working as credit brokers, would receive a commission from the lenders to start business.
The Supreme Court overturned the verdict on Friday, but said that Mr. Johnson should maintain his compensation and interest as it was in a “unfair” relationship with the lender.
Asked by the PA news agency, how they feel about the result of the case, Mr. Johnson told CWMbran in Wales, “It was surprising and sorrow, because I was quite confident, just on the basis of what happened to me, what happened to me.
“I felt that people who watched all the information would come to the same conclusion, and I am only dumb.
“I feel terrible that people will not be able to claim anything with me.”
Mr. Johnson said that he “did not disagree with the commission” because he understood “how the market works”.
But he said that the ruling “seems to be okay for the commission to overcharge customers secretly”.
Mr. Johnson said that he managed to sell his Suzuki after winning the Honda Civic on Facebook, which he recorded in £ 1.
He said that he could not insure Honda, so he sold it and used money to pay the remaining amount on Suzuki.
He then sold it privately to a loss, which was thankful to the outstanding amount even after three years of being Suzuki on Finance.
While Mr. Johnson admitted that he would “clarify” the fare-kharid agreements in the future, was very low in his contract for Suzuki which alerted him to the Commission.
He said: “The problem with it, in my case, reading small prints, would not have told you any information anyway.
“There was a single punishment in my entire contract stating that ‘you cannot be commissioned or not.’
“There was no information about the commission other than that singles sentence.
“Moving forward, I don’t know how I will buy a car in this way, but I will really explain to a similar transaction in the future.”
Mr. Johnson continued that the ruling “does not sit with me at all”.
He said: “I am clearly happy that my case was successful, but for so many other people who were overcharged, I just don’t like the message that sends it. UK Consumer. “
In the 110-Page judgment, Lords Reid, Hodge, Lloyd-Jones, Brigs and Hamblen said that car dealers did not have a relationship with their customers, which would only need to work in the interest of customers.
He said: “A proposal to find the best deal is not the same as a proposal to work philanthropically.”
He continued: “No appropriate audience will think that by offering a suitable finance package to enable the customer to get a car, the dealer was giving up in this way, rather than moving, instead of moving forward, his own business objective of achieving profitable sales of the car.”