We are thinking of changing our car this year and are considering taking a three year personal finance contract from the garage, in this case Mercedes-Benz. I was under the impression that the value of the car at the end of the contract would be enough not only to make the balloon payment but that there would be an excess sum which would go towards another contract if we decided to change the car after three years. When discussing the finance with the salesman, he stated that the values were never as much as the balloon payments and that in our case the balloon sum stated was £10,800, but he thought the car would more likely be worth approximately £8000. I was surprised and disappointed to hear this and wondered what your thoughts were on obtaining finance through the garage.