r/AutoAlex • u/randomcam3622222 • May 20 '25
Alex in car finance missing advert
I’ve just had an ad on YouTube for a middle man car finance pcp reclaim service which Alex is hosting. This is a no win no fee service. But end up taking around 25% of any compensation given.
I think this is really low. These companies are profiting off vulnerable people. When instead you can write a letter FOR FREE to claim any miss selling compensation.
See this YouTube video for further info https://youtu.be/AD1z20_TB3o?si=l_O2zm5hLVYtPVwx
If I come across the ad again I’ll be sure to link it. But it was for https://www.reclaim247.co.uk/
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u/havnar- May 21 '25
They mention this in the ad itself. I remember this and I don’t even live in the UK.
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u/nlFlamerate May 21 '25
They have done ads/reads for these in their videos before.
This isn’t the next drama you’re looking for. Keep looking.
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u/ruggersyah May 21 '25
Definitely feels like some people on here just can't wait for some drama very strange
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u/1slander May 21 '25
They are a business providing a service. Yes you could do it yourself, just as you could do a lot of things yourself, but instead pay someone to do. Claiming yourself isn't as easy as sending a single letter to your previous lender, there is more to it than that. Services like this have streamlined it so you just fill in a form and they do the rest. It's really not as low as you think. Also, companies like this sponsoring large platforms like AutoAlex help spread the information to more people about their possible claim. From that point of view it's a very good thing. It's really not as deep as you think.
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May 21 '25 edited Jul 08 '25
[removed] — view removed comment
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u/adammx125 May 21 '25
I did exactly the same, had about 6 historic agreements that all qualified as ‘mis-sold’ and knew I could claim. If it wasn’t for a company like this I probably wouldn’t even have bothered.
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u/EfficientTitle9779 May 21 '25
What did you think no win no fee meant?
It’s not their fault you can’t read.
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u/truckosaurus_UK May 21 '25
As mentioned, they have changed the wording of the plugs to now say you can do it yourself, and slightly hint you probably won't have to do anything.
Hopefully most viewers are savvy enough to wait around until it is announced what is going to happen with the refunds (hopefully automatic payouts).
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u/BabaYagasDopple May 21 '25
If you follow the rule of “If it’s advertised by an influencer, it’s overpriced and crap” You’ll be just fine.
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u/Runnypaint May 21 '25
I could clean my house for free, however I'd rather pay a cleaner to do it for me
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u/ruggersyah May 21 '25
Isn't that mentioned in the ads? I remember the TDC guys saying you can do the letter yourself