Just as an update, I have spoken to my IVA company and they are sending me a couple of forms to complete regarding the new car and will then let me know if it’s approved or not. Given that it should be cheaper payments then hopefully it’ll all be ok.

Thank you, will do. It all feels a bit stressful so will be good to find out, one way or the other.

Thank you for your reply. I did discuss this with my IVA company so they are aware that the finance will be ending and I will have to organise something for another car, they did seem to think that it wouldn’t be a problem with BH based on my previous experience with them but I’m aware that they wou...

I currently have a car on PCP finance with Black Horse which is due to finish at the end of March. The payments are £215 per month and I have been quoted a new monthly price of £173 per month if I trade it in for a new car at the same dealership. They don’t know about my IVA yet as I didn’t want to ...