Can you get car finance while in an IVA?
An IVA, or Individual Voluntary Arrangement, is a legal method of resolving debt problems. It…
Simply tell us a little bit about yourself and how much you would like to borrow by completing our short online application form.
Get a quick decision and find the perfect car. If you would like help finding a car we are more than happy to do that too.
Once the lender has done their final checks and if you can proceed, we’ll pay the dealer so all you need to do is pick up the car.
PCP is similar to a hire purchase agreement in the sense that you pay a regular monthly amount over an agreed period.
Most PCP car finance agreements are between 24 and 36 months. However, some providers will offer longer.
1. You may need to pay a deposit, but many PCP deals don’t require one.
2. Choose the contract length (usually two to five years) and mileage allowance. Make set monthly payments.
3. At the end of the contract, you have three options:
Older cars are not normally available with PCP because it becomes difficult to predict their value at the end of the agreement, so the monthly installments and optional final payment can’t be calculated accurately. In these cases, Hire Purchase finance (HP) is usually offered, which spreads the total cost of a car across a series of fixed monthly payments. You will then own it at the end, though at this stage you are free to sell it and move on to another car.
We have a large panel of lenders who provide finance options for an array of individuals. From those self-employed to individuals with poor or less than perfect credit histories.
We work with a handpicked panel of specialist lenders who are more interested in your credit future than your credit past. Our friendly team will help you find affordable finance that suits your individual circumstances.
An IVA, or Individual Voluntary Arrangement, is a legal method of resolving debt problems. It…
More and more people are opting for electric vehicles. There have been huge advances in…
Personal contract purchase (PCP) is the most popular way of financing a car. It’s often…
Your credit rating will undoubtedly have a huge impact on your ability to access keen…