clarification needed

[happychap]

I'm considering buying a used Mini from a main dealer. Looking at the Select Finance offer where you put a deposit down then make 36 payments I'm unclear about the guaranteed future value part. If for example after 36 payments I decide to change the car for a newer one rather than paying this final GFV, do I have to pay the GFV part off or can that amount be used as a deposit on the next car.

[happychap]

Thanks for the reply. That's what I thought, when you break it down its not that good a deal once you look beyond the low monthly cost and the deposit. If you walk away after the given term you will in effect have leased the car for and have nothing to show for it.