I was able to get a car on finance whilst in an IVA. I spoke to my IVA provider and made them aware of the situation, my old car was costing a small fortune in repairs and I had to use a payment break to pay for those. It was deemed a better option to replace the car as I needed it to get to work. No car, no work, no payments. IP called a variation and my creditors agreed to a certain amount per month. The stipulation was that it added another 12 months of payments to the IVA to recoup some of what is being spent on the car. I used a company called MoneyBarn and although the payments are a lot higher than they would be for someone with good credit, it’s affordable. Speak to your IP and see what they say.
