IVA car finance calculator

Rates from 7.9% APR: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative APR 19.8%.

Representative example: borrowing £7,500 over 5 years with a representative APR of 20.25%, an annual interest rate of 20.25% (Fixed) and a deposit of £0.00, the amount payable would be £192.84 per month, with a total cost of credit of £4070.40 and a total amount payable of £11,570.40.

We will always provide the best rate from our panel of lenders and based on your individual circumstances. We do not charge any fees for our service. But we earn a commission from the lenders we work with. This does not affect the interest rate you will be offered.

How do I repay an IVA?

You can repay your IVA in full with a one-time payment called a lump sum, or the payments can be spread over a period of time, generally 5-6 years.

Quick car finance is here to help

Knowing that they are in an IVA can frequently lead people to assume that they will not be eligible for car finance at all and feel like they’ve hit a roadblock and cannot proceed. We are here to provide you with assistance and support and ensure that all options have been explored and do our best to get you the right vehicle at the right price.

Our expertise at Quick Car Finance can help to reassure you during your car search and because we work with the full market of car finance providers, we are willing to take a view on most circumstances and credit histories, including CCJs and defaults.

Apply for IVA car finance today!

If you still have questions around your eligibility for car finance with an IVA, you contact our team of experts for assistance in your application.

Alternatively you can use our car finance calculator today to get a free, no-obligation quote.

*representative APR of 19.8%