I'm not entirely clear on how it works. I think you continue to pay your regular payments and then if you want to 'steal' it, they evaluate how much its worth, how long you've had it for and then they put what you've already paid towards the bag. i THINK. not totally clear. Where in CT are you? I'm a little north of Hartford but my boyfriend and I are moving to Southern CT for the summer. I'm excited to be closer to the city!