IVA car finance — apply with confidence
On an Individual Voluntary Arrangement? We work with UK lenders who consider IVA customers for car finance — subject to your IP's approval.
- ✓IVA customers considered
- ✓Soft search — no impact on credit
- ✓Affordable fixed monthly payments
- ✓No hidden broker fees
“Amazing service from start to finish. Really consistent communication throughout the whole process.”
“They managed the purchase of my new car. It was a breeze! Talked me through every step.”
“A great experience. Helped me from start to finish and found me a car the same day!”
“Found a car very quickly. The finance was easy — the lender was specific to my situation.”
“Excellent service from start to finish. Very professional and efficient. Highly recommended.”
“Massive thank you for helping me get my first ever car. Made a stressful process easy.”
“I never thought I'd get a car in my own name with my credit score — they made it possible.”
“First class. Very professional — they came back to me right away with clear answers.”
“Can't fault them. I've been using them yearly for refinancing. They go above and beyond.”
“Just magic! From a few clicks at midnight to a closed deal within 24 hours!”
“Amazing service from start to finish. Really consistent communication throughout the whole process.”
“They managed the purchase of my new car. It was a breeze! Talked me through every step.”
“A great experience. Helped me from start to finish and found me a car the same day!”
“Found a car very quickly. The finance was easy — the lender was specific to my situation.”
“Excellent service from start to finish. Very professional and efficient. Highly recommended.”
“Massive thank you for helping me get my first ever car. Made a stressful process easy.”
“I never thought I'd get a car in my own name with my credit score — they made it possible.”
“First class. Very professional — they came back to me right away with clear answers.”
“Can't fault them. I've been using them yearly for refinancing. They go above and beyond.”
“Just magic! From a few clicks at midnight to a closed deal within 24 hours!”
“Amazing service from start to finish. Really consistent communication throughout the whole process.”
“They managed the purchase of my new car. It was a breeze! Talked me through every step.”
“A great experience. Helped me from start to finish and found me a car the same day!”
“Found a car very quickly. The finance was easy — the lender was specific to my situation.”
“Excellent service from start to finish. Very professional and efficient. Highly recommended.”
“Massive thank you for helping me get my first ever car. Made a stressful process easy.”
“I never thought I'd get a car in my own name with my credit score — they made it possible.”
“First class. Very professional — they came back to me right away with clear answers.”
“Can't fault them. I've been using them yearly for refinancing. They go above and beyond.”
“Just magic! From a few clicks at midnight to a closed deal within 24 hours!”
“Amazing service from start to finish. Really consistent communication throughout the whole process.”
“They managed the purchase of my new car. It was a breeze! Talked me through every step.”
“A great experience. Helped me from start to finish and found me a car the same day!”
“Found a car very quickly. The finance was easy — the lender was specific to my situation.”
“Excellent service from start to finish. Very professional and efficient. Highly recommended.”
“Massive thank you for helping me get my first ever car. Made a stressful process easy.”
“I never thought I'd get a car in my own name with my credit score — they made it possible.”
“First class. Very professional — they came back to me right away with clear answers.”
“Can't fault them. I've been using them yearly for refinancing. They go above and beyond.”
“Just magic! From a few clicks at midnight to a closed deal within 24 hours!”
IVA car finance explained
An Individual Voluntary Arrangement (IVA) is a formal, legally-binding agreement between you and your creditors to pay back a portion of your debts over a fixed period — usually 5 or 6 years. IVAs restrict your ability to take on new credit, but they don't automatically rule you out of essential borrowing like car finance.
Provided your Insolvency Practitioner (IP) is satisfied that a car is essential (for work, family or health reasons) and the monthly cost is affordable within your IVA payments, some specialist lenders on our panel will consider your application.
The process is more involved than a mainstream application. You'll need written approval from your IP, and the lender will look carefully at your affordability, employment stability, and the size of the vehicle relative to your circumstances. Deposits or a modest APR increase may apply.
IVA car finance is usually structured as Hire Purchase (HP) with a relatively short term to keep the total commitment small. Rates start from around 21.9% APR representative but vary significantly depending on the age of the IVA, income, and lender.
Because every IVA is different, we strongly recommend a chat with our advisers before applying. A soft-search quote will still show you what's available without touching your credit score.
Pros and cons of IVA Car Finance
- ✓Active IVA and post-IVA customers considered
- ✓No impact on credit for the initial quote
- ✓HP-style agreements with fixed monthly payments
- ✓Helps establish credit again after IVA ends
- ✓No upfront broker fees
- ✓Same-day advice from UK-based specialists
- !Written IP approval required before finance completes
- !Rates are higher than mainstream car finance
- !Not all lenders will consider active IVAs
- !Modest cars are more likely to be approved
Car finance calculator
These estimates are for illustration only and are subject to credit checks and lender criteria. Your actual rate and monthly payment will depend on your personal circumstances.
IVA Car Finance FAQs
How car finance works
Apply in 2 minutes
Tell us the car you want, how much you want to borrow, and a monthly payment that fits your budget. We'll match you to the best deal from our panel of lenders.
Pick a car from any dealer
Once accepted, choose a new or used car — or part-exchange your current one — from a reputable UK dealer. We run the full checks for you.
Drive away the same day
Arrange same-day collection or home delivery. Get behind the wheel and enjoy your new car.
HP vs PCP vs Personal Loan
| Finance feature | Hire Purchase (HP) | Personal Contract Purchase (PCP) | Personal loan |
|---|---|---|---|
| Requires initial deposit | Optional | Optional | × |
| Car is yours at the end | ✓ | Optional (balloon) | ✓ |
| Fixed monthly payments | ✓ | ✓ | ✓ |
| Optional final (balloon) payment | × | ✓ | × |
| Avoid excess mileage charges | ✓ | × | ✓ |
| Secured against the car | ✓ | ✓ | × |
| Support with vehicle issues | ✓ | ✓ | × |
| Available with bad credit | ✓ | ✓ | ✓ |
We work with 15+ trusted UK lenders
A smarter way to finance your next car
15+ lenders, 100+ deals
Access to a wide UK lender panel means we're more likely to find the right deal for you.
Soft search only
Getting a quote won't affect your credit score. A hard search only happens if you go ahead.
Tailored expert advice
UK-based advisers guide you at every step — by phone, WhatsApp or online.
Fast & efficient
Instant decisions in minutes and same-day delivery or collection once approved.