Contracts and fleets

Compensation by acquisition method for your trucks

Outright purchase, bank credit, hire purchase, leasing, long-term hire or vehicles already sold: every arrangement gives rise to a claim.

100 %
Of acquisition methods eligible
4
Contract regimes analysed
10-20 %
Overcharge passed into every contract
1997-2014
Period covered

The overcharge cascaded into every type of contract

The cartel distorted the European market by acting directly on gross wholesale list prices. Every financing and hire model uses that list value as its calculation base.

The economic impact therefore fell on the end users of the vehicles, whatever the financing arrangement or the banking intermediary chosen at the time of order.

Acquisition method

How the overcharge was passed on

Standing to claim

Outright purchase

Direct payment of the inflated list price

100 %, direct proof on the invoice

Bank credit

Inflated capital borrowed plus excess bank interest

100 %, outright ownership of the claim

Hire purchase and leasing

Rentals calculated on the inflated purchase base

100 %, the lessee bore the surcharge

Long-term hire

Operating rentals oversized at source

100 %, the end user paid the surcharge

Sold or scrapped

Loss crystallised on the day of payment

100 %, resale does not erase the surcharge

The European legal basis for your standing

Three pillars frame the recovery: Commission decision AT.39824, which proves the cartel beyond challenge; Directive 2014/104/EU, which protects direct buyers and lessees alike by organising proof of pass-on; and the Scania ruling C-251/22 P, which extends the window for action to 2028-2029.

The rules are the same whatever the brand: see Mercedes-Benz, Volvo and Renault Trucks, DAF, Iveco, MAN and Scania.

The four contract regimes

Each contract type has its own legal and accounting features. Open the file that matches your situation.

How your claim is calculated

The original overcharge is only part of your claim. The decisive lever is the compounding of statutory late payment interest, accrued over twelve to twenty-eight years.

C = (Vb × α) × (1 + r)t
  • C: total claimable compensation, principal and late payment interest combined
  • Vb: gross list price or net acquisition value of the vehicle
  • α: artificial overcharge applied by the cartel, between 10 and 20 %
  • r: average statutory annual interest rate applied by the court, 3 to 5 %
  • t: number of years elapsed since the original invoice was paid

Worked example for ten trucks acquired between 2001 and 2009 at an average of EUR 105,000 net, mixing purchase, leasing and long-term hire: cumulative direct overcharge around EUR 157,500, accrued interest around EUR 185,000, giving a total claim of roughly EUR 342,500.

01

Eligibility check

Send us your invoices, lease agreements, registration documents or asset registers covering 1997 to 2014.

02

Audit and firm offer

Our lawyers and econometricians quantify your claim within four weeks.

03

Guided decision

You choose between a cash purchase of your claim within 30 days and litigation on a success-fee basis.

04

Payment released

The compensation is credited directly to your company bank account.

Frequently asked questions

No. Outright purchase, credit, leasing, long-term hire and trucks already sold all give rise to compensation, provided your business bore the original financial overcharge.

The end lessee who paid the inflated rentals. The leasing company suffered no economic loss because it passed the cost on.

Purchase invoices, lease agreements, rental schedules, or failing that period registration documents and fixed-asset registers covering 1997 to 2014.

Continue in the other sections

All the analyses in this section, plus the back to the homepage for the overview.

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