On DLA Benefit but have savings can I get a car 0% deal

jon1965

It all depends on when what and where as to the discount you get. Of course if you but an almost new car, you lose x months of the free perks .When my mother bought a new Honda it worked out almost the same price overall yo get a brand new one rather than a ex demonstrator.

zee_2

if you are on dla ect., why not apply for motability car,if you are entitiled to it, not means tested so worth a try ,that is what it is for.

Yogibear

grace2much wrote: »

Hi all, I need some advice. I haven't been able to work for the past 5 years due to ill health and receive DLA and Invalidity Benefit. I'm in my early 50's My wife works part time grossing just £100 per week. We have 1 son 12 yr old.

We have zero debt and own our own house without a mortgage valued now at a market price of £120,000 approx. We have about £60,000 in savings but with the benefits and part time work just about £10,000 per year income. We live a very modest and careful lifestyle.

I'd like to buy a new car on a 0% interest deal with the car £10,000 approx over 4 years but I'm assuming with my small income I would be turned down even though I could set aside the full value of the car from my savings as a guarantee. I'm embarrassed to ask the garage in case I'm just laughed at and since I worked all my life until my illness so I suppose my confidence has be dented badly and I feel the shame of not being able to work...............any advice would be gladly listened to, Thanks

If you are on the highest rate DLA you can get a car but you lose your DLA benefit all you have to put in it in fuel,I dont know your circumstances tbh

stesilc

why dont you use your dla and keep the cash in the bank ?

[Deleted User]

grace2much wrote: »

Hi all, I need some advice. I haven't been able to work for the past 5 years due to ill health and receive DLA and Invalidity Benefit. I'm in my early 50's My wife works part time grossing just £100 per week. We have 1 son 12 yr old.

We have zero debt and own our own house without a mortgage valued now at a market price of £120,000 approx. We have about £60,000 in savings but with the benefits and part time work just about £10,000 per year income. We live a very modest and careful lifestyle.

I'd like to buy a new car on a 0% interest deal with the car £10,000 approx over 4 years but I'm assuming with my small income I would be turned down even though I could set aside the full value of the car from my savings as a guarantee. I'm embarrassed to ask the garage in case I'm just laughed at and since I worked all my life until my illness so I suppose my confidence has be dented badly and I feel the shame of not being able to work...............any advice would be gladly listened to, Thanks

dont forget that in the very near future your invalidity benefit will be reviewed and after that your dla will change to pip,then somewhere amid all that universal credit will come in,so please dont rely on current benefits for forward planning