IS THERE EVER A POINT WHERE THE FINANCE SETTLEMENT AMOUNT AND RETAIL AMOUNT ARE THE SAME ?
Yes there is, but this depends on your finance arrangement.
Example :
If you paid a substantial deposit at the time of purchase, the settlement amount might be less than the Retail Value from the outset of the contract.
As the finance is paid over the finance term, you are effectively reducing your settlement amount thereon.
There will therefore arrive some point where the amount owing to the finance house will be less than the current retail value of the vehicle at that point.
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