The Guaranteed Future Value (GFV)1 is a car’s guaranteed future buy-back amount, as determined by Citroën Financial Services2.
Under a GFV loan, on expiration of your loan term, depending on your personal circumstances, you will have up to three options; upgrade to a new model, retain the vehicle by paying us the GFV amount (which you may be eligible to refinance), or return the car. This arrangement is great for managing your cash flow, because with a GFV loan you will know exactly what your monthly payments will be. It also helps minimise the risks associated with fluctuating used car market conditions, so that if at the end of the loan term, the actual market value of the car has dropped below the guaranteed future value amount, Citroën Financial Services will absorb the difference – because the value has been guaranteed.
You could hand it back with nothing more to pay – even if the car’s market value happens to be much less than the GFV amount (subject to meeting Fair Wear & Tear conditions and kilometre allowance). Plus, the good news is that if the market trade-in valuation for your vehicle is worth more than the GFV, you may be able to upgrade your Citroën, trade in the vehicle and pocket the difference. So, enjoy peace of mind and protection from fluctuating used car prices and let Citroën Financial Services take the risk, not you.
