Lenders no longer face the prospect of having to pay £30bn to £40bn to aggrieved car buyers, but the industry still faces hefty payouts.

Britain's highest court Friday largely overturned a lower court's ruling that certain car finance agreements were unlawful, a decision likely to bring a sigh of relief among lenders and limit the scale of compensation payments.

The Supreme Court has ruled on key car finance commission claims, and it could impact millions. Parkers breaks down what it means, what’s still in play, and what to do now.