Hi and thanks.

I took out a car on HP a couple of years ago, and now I can no longer afford it. I was made redundant, plus the insurance and costs to run the car are too expensive. I am unsure what to do? Any advice?




have you discussed this with the Hire Purchase lender who you financed the car with? They may have some options for you.

How long have you had the car and made the payments?

I ask because some HP contracts have a clause that after you pay a certain number of payments, usually half of the contract, you can give the car back and not incur any additional charges. This is why you need to speak to the lender, and/or review your contract.



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