Hi,
I've got a car that I'm paying roughly R2500.00pm, residual of R60,000.00 in April 2011 and a settlement balance of R105,000.00. I have a spare R20,000.00 that I'd like buy an AV component - but I'd rather put this into my vehicle finance :
Does it make my residual now R40,000?
Does it reduce my period by 8 months?
Does it reduce my monthly payments?
THanks
I've got a car that I'm paying roughly R2500.00pm, residual of R60,000.00 in April 2011 and a settlement balance of R105,000.00. I have a spare R20,000.00 that I'd like buy an AV component - but I'd rather put this into my vehicle finance :
Does it make my residual now R40,000?
Does it reduce my period by 8 months?
Does it reduce my monthly payments?
THanks
