[Polestar Pete]

It does sometimes pay to keep an eye on the settlement figure toward the end of the agreement and compare this to the trade in value.

On my last car, I was able to trade it in six months before the end of my PCP without suffering any negative equity issues.

But don’t expect the finance provider to tell you when the optimum surrender date will be - obviously they want you to carry on until the planned surrender date to maximise their profits.