If you are looking for car finance a car loan or even re-scheduling you debt, things will be much easier if you are driving a used car.
Of course this may be a car you have possessed yourself for some time – fair enough, but if you have financial difficulties because you have lost you job or shut your business and you then go off to buy a new car, you will not get much sympathy.
The main issue is of course the initial depreciation on new cars. Once this is out of the way, then there are various ways in which the car can be financed or valued.