What is guaranteed future value (GFV)?
Guaranteed Future Value (GFV) is the amount the finance provider thinks the car will be worth at the end of your finance deal, and will determine how big your balloon payment is if you decide to buy the car outright. This figure is stated when you're setting up a car PCP finance agreement. It may also be called GMFV (M stands for minimum).
Learn more about PCP, one of the most popular types of car finance, offering lower monthly payments than the same vehicle on HP finance.