Need finance for a car, less than 3 years old, as company car replaced by monthly allowance.

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Clairedm23

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Post by Clairedm23 » Sun Sep 25, 2016 11:06 pm
We've been in an IVA woth freeman jones for almost 3 years. My husband has a company car but has just been informed that he will have to return it in favour of a monthly allowance. Will we be able to get car finance under an iva because there are conditions to the allowance - must have car fewer than 3 yrs old etc.
 
 

luluj

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Post by luluj » Mon Sep 26, 2016 2:12 am
Welcome to the forum.
You will need to discuss and agree with your IP. There are specialist finance brokers for car purchases whilst in an iva which may charge a premium such as Moneybarn which you may have to consider as normal car finance will not necessarily be an option with the iva on file.
Let us know how you get on.
Last edited by luluj on Mon Sep 26, 2016 2:13 am, edited 1 time in total.
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Steven Hewitt

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Post by Steven Hewitt » Mon Sep 26, 2016 10:14 am
Hi Clairedm23,

We'd like to discuss the options available, to help put your mind at ease and also to ensure nothing interferes with your IVA.

Please pop me an email to Steven.hewitt@freemanjones.com and I'll arrange for one of the team to call you directly.

I look forward to hearing from you soon.

Kind Regards
Steven Hewitt - a member of the team at Freeman Jones
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon Sep 26, 2016 4:28 pm
Hopefully Steven can help you.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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