Hoping my car holds out until IVA is off credit file. What are my best options to get a new car ?

[Gemma.cw]

I completed my IVA in September (5 years), I've received my completion certificate and am no longer on the Insolvancy Register.
However, my car has not got long left. My question therefore, is what are my best options to get credit for a new car?
I want to be in a position to go straight ahead and get a new car once mine packs in - obviously hoping to hold out until the IVA has dropped from my credit file, but not sure the car will last that long.

[luluj]

Moneybarn provide loans for people in your position however the interest rates are slightly higher.
Alternatively you could try to use a high street lender car dealership once the iva is off record.

[Adam Davies]

Hi

If you can hang on until the IVA is off the record your options will be greater.

If you can't then consider Moneybarn or other companies that offer HP

Good luck

Regards

[Foggy]

I can only echo that advice given above. In the meantime, squirrel away what you would have been paying into the IVA, as a bigger deposit means less to borrow.

[Shining]

We kept ours running until post IVA and managed to get a loan with Barclays which did surprise me!

A car is so important I do realise and hope that it sees out the duration of your IVA, however any problems do let your IP know as they are there to help in times of need.