Residual Value

This line shows the residual value (including VAT) expected for the vehicle at the end of the finance agreement.

To change the amount for any finance method just:

• type the new amount into the relevant box; then
• click on any blank part of the screen to recalculate the monthly payment.

To use the same value for all finance types just type the required amount in the box in the Outright Purchase column then click on the Fill button.

Please remember that for Finance Lease and Hire Purchase a change in the residual value will not have any impact on the monthy rentals, as the whole amount borrowed is repaid in the monthly rentals, not just depreciation (as happens in Contract Hire and Contract Purchase).

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0330 444 0400
(+44 1792 224319 outside UK)