Buying a car on car finance allows you to purchase a new or nearly new vehicle, often on good terms, at an affordable price. However, vehicle finance can go wrong. Car finance terms and conditions will let you know what happens if you miss repayments . For instance, you may have to give your car back, or face court action from your car finance company .

For those consumers worried about missing payments, lenders may be negotiable and provide a repayment holiday, or temporary payment reductions. In some cases, lenders may seek instant return of the vehicle. If communication has broken down with your motor finance lender, you may wish to speak to debt professional or debt charity.

There are recourses when payments seem impossible, including debt consolidation loans, debt management plans, and many more. However, it is worth assessing each of these on an individual case by case basis.