In March 2020, owners of vehicles saw their MOT’s being extended for 6 months, in order to aid social distancing and ease the epidemic. As a consequence, many vehicles are now getting their MOT’s done and finding that their vehicles are failing. With most of us taking a financial impact from the coronavirus, footing the bill for repairs could be difficult at best. In most households, transport is often essential : being without a vehicle can have a knock-on effect, making it difficult to travel and in many cases impacting your ability to work.
As such, a failed MOT can induce a sense of panic, especially if you are looking to trade in for a replacement vehicle. However, there are many routes to getting your dream car, secondhand.
What do I do when I fail an MOT?
If your vehicle fails its MOT with a dangerous fault(s), you cannot drive your car. Until repaired, your car would be recorded as no longer road legal and using it before repairs could see you fined, banned from driving and with 3 penalty points.
If your vehicle is diagnosed with a major fault, assuming the car is still roadworthy, you should be able to drive it in order to seek repairs. The car must be roadworthy, or you would risk prosecution. However, you can only drive to be repaired, or to a pre-arranged MOT appointment: anything outside of that would be illegal.
Generally, driving a car that has failed its MOT is dangerous, and risks severe consequences. However, if you feel as though your vehicle should have passed its MOT and was failed unfairly, you can appeal the result.
You can leave your car for the necessary repairs and return it within one working day for a free retest or return you car within 10 days for a charged partial retest. After 10 working days you’ll be charged full price for another MOT.
If you can’t afford to fix your car, you could look into selling the parts, scrap or sell ‘as is’.
Going forward, you’ll still most likely need transport. Red Potato is both a car dealer, and a finance provider for people with a range of financial circumstances; so if you can’t afford to buy a replacement car outright, or if you’re worried about how your credit might impact your ability to get finance, we can help.
How to get a new car?
If you can’t afford to fix your car – or buy one outright – car finance might be the option to get you back on the road. Car finance is a loan you take out specifically to buy a car, allowing you to spread out the cost over a set amount of time. You can get different types of finance, some requiring deposits and some fee-free- depending on what you’re looking for and what best fits your financial circumstances. All the cars we source finance for at Red Potato are sold under a hire purchase agreement, this is one of the simplest forms of finance that allows you to pay in monthly instalments, instead of one bulk payment.
- You submit an online application
- We’ll need to see just a few basic documents, such as:
o Your bank statements from the last 3 months
o A copy of your full UK driving license
o Most recent payslips if employed
- We then review your application and get in touch with you by phone to let you know if your application has been approved.
If successful you can find your car using our easy-to-use car search – or if you’ve found a car elsewhere, we can still provide you with competitive and affordable car finance. Representative 19.9% APR.
We consider all applications, even if you:
- Have no deposit
- Are in a Debt Management Plan (DMP), Trust Deed or Individual Voluntary Agreement (IVA)
- Have a bad credit history
- Are self-employed
- Have a County Court Judgement (CCJ)
- Previously have been declared bankrupt
- Have any loan defaults due to missed payments
Finding the right car for you
As a specialist bad credit car dealer, we understand that all our customers’ circumstances are different. You might be looking for a car that fits into a tight monthly budget, or you may be successfully out of debt and want to upgrade your vehicle. We have cars within all different price ranges, starting at approximately £120 per month (Representative 19.9% APR).
If you’re looking for something more affordable you can take a look at our low-cost car deals.
If you need help selecting a car, we can look at your monthly income and expenditure and suggest suitable cars for you. We will base our suggestions on cars that would best suit your affordability and lifestyle. Just fill out our application form and we will get back in touch with you to discuss your car options.
Our car finance calculator can help you to work out how much you can afford to pay each month.