thanks Coffiff, much appreciated

i have a few questions that people may be able to help me with. i have a new car from Black horse (2010 Fiesta) purchase date Sept 2010 Late 2011/12 my business ran into some difficulty and as such i defaulted on the payments, at that time £308 per month. After they gave me mis-information, i managed to get back on track and i am now paying £400 per month. The car now has 87k miles and when i looked at trading it in today, the garage said it was only worth £4500, but realistically £7k+ im looking at VT'ing it, but as i defaulted in 2011, will this be an issue ? since the payments were recalculated, i have made every payment without fail. Can i VT it ? many thanks Ray