The Guaranteed Future Value - What is it?

The Guaranteed Future Value (GFV), calculated at the beginning of your agreement, is based on what the car's estimated value will be at the end of the plan, taking into account its future condition and mileage. This sum is guaranteed* no matter what option you decide to take at the end of the contract.

All funders aim to set GFV's at a level which should provide you with a surplus amount which can be used as a deposit on your next car, or if the car is returned, refunded to you - less sales expenses and commissions. As you can see PCP can offer you the best of both worlds. Affordable monthly repayments with an ownership option and no worries about resale values.

*Subject to the mileage and condition terms

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