Quote Originally Posted by flashsa View Post
Bottom line on Residual payments: If you sign up for one, expect to drive that car for the full finance period as trading the car in before that will be near impossible due to depreciation reducing the value of the vehicle faster than you pay it off.
This is usually the case, however sometimes you can change if you find a car you like with loads of "trade in assistance" basically what that means is that instead of them giving you a discount on the car price you finance the whole amount and then the discount that you were going to receive they use to settle the outstanding amount on the old car's finance.

Yes you still loose.

I think this is only relevant to instalment sales agreement and not sure if you will be able to do this with a lease.