My client's company bought a new electric car under a hire purchase agreement & FYA was claimed.
Half way thourgh the agreement the car broke down with a serious engine issue and it could not be repaired. The saloon called the car back and they offered a new car to my client for the value of the current car. New agreement will be signed soon. Can FYA be claimed on the new car? Is there any issue here I have to be aware of?