new (old) car

[rollercoaster]

My OH rides a small scooter to work every day and it has always driven him insane. works shift, dangerous road, comes home aged 10 years every day.
we have some money in our contingency fund to be able to purchase a very small 2nd hand car (daewoo matitz 796cc) and would be able to refund this money to our contingency fund when we sell the bike.
should we inform his IP of our intentions.
PS. car value similar to bike value. (in fact less than they quoted the value of bike on proposals)tax/insurance/mot ect much the same as bike, so would not affect income/expenditure.
worried that they may think of it as an aquired asset later down the line (although technically it is a 'safer' swap) thought i should check in case we thinking of doing something that would be frowned upon.
Any ideas?? [:)]

[MelanieGiles]

So long as the purchase does not affect your ability to make your ongoing IVA payments, then I cannot see why you would need to specifically mention this to your IP, but at the same time it does no harm to keep them informed. A short e-mail ought to suffice.