MotoNovo reviews
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MotoNovo reviews
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Review summary
People rate this company as Good based on 1,332 product reviews
Wondering how this rating works?
This score is generated using our own unique scoring method. It combines the 1-5 star ratings left by verified reviewers, when those reviews were submitted and other meaningful data from the reviews.
Across our website, we use the same consistent method and scores which update in real time as new reviews come in.
Latest positive rating
Easy straight forward application.
Easy straight forward application. Great online account.
Latest negative rating
Complaint upheld, but only after months of chasing.
Complaint upheld, but only after months of chasing. My complaint was ultimately upheld by MotoNovo, who accepted that the vehicle I purchased had been misdescribed.... Complaint upheld, but only after months of chasing. My complaint was ultimately upheld by MotoNovo, who accepted that the vehicle I purchased had been misdescribed. The finance agreement was unwound, my deposit was refunded, I received a refund of my finance payments (less a mileage deduction), statutory interest and compensation. Unfortunately, the way my complaint was handled was extremely disappointing. I repeatedly had to chase for updates, emails went unanswered, and agreed timescales were missed on multiple occasions. Even after MotoNovo agreed, through the Financial Ombudsman Service, to pay the outstanding interest and additional compensation, I still had to continue chasing because the payment was not made. The Financial Ombudsman Service had to intervene several times before MotoNovo finally honoured the settlement they had agreed to. Without that intervention, I have little confidence that the matter would have been resolved as it was. Whilst I appreciate that the complaint was eventually resolved, it took many months, unnecessary stress, and a significant amount of my own time to reach that outcome. I cannot fault the Financial Ombudsman Service, but based on my experience, I cannot recommend MotoNovo’s complaint handling. Read more Read less
About MotoNovo
MotoNovo (part of FirstRand Group) provide car finance to customers and car dealers. So if you’re looking for a car finance provider, read MotoNovo reviews from the Smart Money People community to see what they have to say, before making up your mind. Already used MotoNovo for your car, bike, or van finance? Help out others by leaving a quick review!
MotoNovo at a glance
Reviews for MotoNovo
Showing 11 of 1332 company reviews • Last reviewed within 7 days
Complaint upheld, but only after months of chasing.
Complaint upheld, but only after months of chasing. My complaint was ultimately upheld by MotoNovo, who accepted that the vehicle I purchased had been misdescribed.... Complaint upheld, but only after months of chasing. My complaint was ultimately upheld by MotoNovo, who accepted that the vehicle I purchased had been misdescribed. The finance agreement was unwound, my deposit was refunded, I received a refund of my finance payments (less a mileage deduction), statutory interest and compensation. Unfortunately, the way my complaint was handled was extremely disappointing. I repeatedly had to chase for updates, emails went unanswered, and agreed timescales were missed on multiple occasions. Even after MotoNovo agreed, through the Financial Ombudsman Service, to pay the outstanding interest and additional compensation, I still had to continue chasing because the payment was not made. The Financial Ombudsman Service had to intervene several times before MotoNovo finally honoured the settlement they had agreed to. Without that intervention, I have little confidence that the matter would have been resolved as it was. Whilst I appreciate that the complaint was eventually resolved, it took many months, unnecessary stress, and a significant amount of my own time to reach that outcome. I cannot fault the Financial Ombudsman Service, but based on my experience, I cannot recommend MotoNovo’s complaint handling. Read more Read less
MotoNovo took my cash deposit and added it back int...
MotoNovo took my cash deposit and added it back into the total amount payable. Then charged me interest on it. My own money — used... MotoNovo took my cash deposit and added it back into the total amount payable. Then charged me interest on it. My own money — used to make me pay more. Secret commissions paid to brokers. Never disclosed. Look up Johnson v FirstRand Bank 2024 — the Supreme Court ruled this is unlawful. Check your agreement. Right now. Look at what your deposit actually did to your total. Then ask yourself where your money really went. They're counting on you never reading it. Read more Read less
Products from MotoNovo
Showing all products offered by MotoNovo
Car finance
by MotoNovoMotoNovo is a car finance provider. MotoNovo offer finance through dealer partners, so instead of you buying the vehicle outright, they purchase it from the dealer and you make monthly...
Car finance
by MotoNovoMotoNovo is a car finance provider. MotoNovo offer finance through dealer partners, so instead of you buying the vehicle outright, they purchase it from the dealer and you make monthly...
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