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  • Guaranteed Future Value

    An increasingly popular finance product that can offer a more affordable purchasing option with more assurance and freedom.

  • Guaranteed Future Value

    An increasingly popular finance product that can offer a more affordable purchasing option with more assurance and freedom.

Will you retain, return, or replace?

Guaranteed Future Value (GFV) is a vehicle finance option that is becoming increasingly popular in New Zealand. It can offer a more tailored and affordable finance solution that, following a deposit, allows you lower payment installments followed by options at the end of your finance term.

Guaranteed Future Value agreements could help you get behind the wheel of your new vehicle, with regular fixed payments and assurance of the vehicle’s value at the end of the term.

The minimum future value of your new vehicle is determined by the make and model of the vehicle and your expected annual kilometre usage. This will be guaranteed at the time of purchase, as long as you comply with the written terms in your agreement. So, you’ll know exactly what the vehicle will be worth when your final payment rolls around.

Let’s tailor a finance package for you.

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How does Guaranteed Future Value work?

Once you have a vehicle in mind, catch-up with a Miles Group finance specialist and discuss the terms and conditions of the GFV contract. These terms typically include an agreed kilometre limit, the length of the term, and a deposit figure. During this time, our team will offer you the Guaranteed Future Value, an agreed set price of what the vehicle will be worth at the end of the term. When you and the dealership come to an agreement, the vehicle is all yours for the duration of the term.

Miles Group Guaranteed Future Value

At the end of your term.

Before the term is up, we’ll be in touch to encourage you to start thinking about your next moves.

Retain the vehicle

Let’s say you love the vehicle and you can cut ties. Easy, simply purchase the vehicle for the agreed future value and enjoy full ownership.

Return the vehicle

Provided you have respected the full terms of the agreement, you can simply choose to return your vehicle. Typically this comes with a small disposal fee (around $400) and any excess kilometres traveled or any wear and tear charges.

Replace the vehicle

Looking to upgrade or downsize? We can help with that. If the trade-in value of your current vehicle is higher than the final payment due, use that as a deposit for a replacement vehicle.

Guaranteed Future Value or GFV is an easy tool to consider when purchasing your next vehicle and our dealerships are here to talk you through it. Get in touch.

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Helping You Make Informed Decisions

When considering any finance option we recommend that you seek independent financial and/or legal advice.

Explore one of our providers (who can be found here) or view more information including terms, conditions, and fees here. Alternatively, all rates and fees for any associate lenders are available upon request.

Benefits of Guaranteed Future Value

Affordable

That dream car that you though may be a little out of reach may be a little more affordable than you thought by making regular payments and setting an agreed Guaranteed Future Value.

Tailored

Choose a plan that suits your financial situation, based on deposit, loan terms, and agreed kilometre limits. Before the term comes to an end, our team will get in touch with you so you can start thinking about your next move. Retain it, return it, or replace it. The choice is yours.

Assured

You’ll know what the Guaranteed Future Value of your vehicle is from the day you are handed the keys, so you know exactly what your new ride will be worth vehicle is worth at the end of your term, as long as the terms stated in contract are respected.

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Guaranteed Future Value Providers

There are a number of finance providers in New Zealand that offer their own variation on Guaranteed Future Value vehicle finance. Each has their own lending criteria, terms, and conditions, and each may offer you a different minimum trade-in valuation certificate depending on the vehicle.

While the options may be under different names, they largely follow the same basic principle of a GFV product.

Other names and terminology includes Assured Future Value and Guaranteed Minimum Trade-in Value Certificate.

Enquiry Form

Further terms, conditions, and information about lending rates and fees from our providers can be found here. Miles Group collects personal information about you in order to facilitate your enquiry and for other purposes otherwise set out in our Privacy Policy here.

Complete the form below and your selected Miles Group representatives will be in touch.

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More Finance Information

View more information, terms, conditions, fees, and responsible lending criteria from our providers.

Finance through European Financial Services is subject to lending criteria, terms, conditions, and fees. Follow the below links for details or speak to our in-house team for full details and advice.

Finance through Heartland Bank is subject to lending criteria, terms, conditions, and fees. Follow the below links for details or speak to our in-house team for full details and advice.

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