It’s really quite simple. Once you have chosen your vehicle and decided on your deposit, you need to make three decisions that will affect the monthly repayments:
1. Exchange the vehicle for a new one. The agreement will be settled and any excess sales proceeds can contribute to your new agreement (subject to application and acceptance) If you plan to part exchange your vehicle, you should contact your retailer well in advance of the end of your agreement to ensure that your next vehicle is ordered and delivered before your final payment is due
2. Pay the option to purchase fee and the optional final payment, then take full ownership of the vehicle
3. Simply return the vehicle (fees may be payable)