Understanding Guaranteed Future Value

You may have heard of Guaranteed Future Value (GFV) but here we take a deep dive into how it works - both the benefits and the requirements. Find out about your options at the end of your finance period as well as how the fair wear & tear conditions and mileage parameters work on a practical level.
00:44 The difference between GFV and a normal instalment sale agreement
01:36 The options at the end of the finance term
02:30 How the future value is guaranteed
03:44 Looking at the fair wear & tear conditions
05:20 What happens if the car is totalled or stolen
05:51 Making modifications to the car
07:09 Servicing the vehicle
07:46 What happens if the GFV requirements are not met
08:44 Where the car can be serviced
09:15 Looking at the mileage parameters
10:42 Who GFV would work best for and who it wouldn't work for
(The information in this video does not constitute financial advice and is not to be acted on as such)
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