www.iva.co.uk

So im thinking of selling my car and getting a different one. The money will be a bank transfer, will this be classed as a windfall? Will i be able to buy a new car? Will i have to tell them if my insurance increases/decreases

The car is probably an excluded asset and I doubt there would be a problem if you are getting like for like. The change in insurance, if significant will need to be disclosed. I would suggest a quick chat with your IP before you do anything so that they are aware and there are no nasty surprises later on.