- 11 April 2014 at 7:47 pm #27512
Hi all, just a quick query I need answering before Audi ring me up in the morning! With regards the Guaranteed Future Value of a car on a PCP deal is the amount stated at the start of the deal guaranteed to stay the same if you want to pay the balloon payment at the end and purchase the car? I realise the GFV may be more than that quoted, therefore there may be some equity for a deposit on another deal, but I’m thinking I’d like to buy the car, as the total amount I’m to pay back including the GFV, means I’m able to buy a 26k car for only very slightly more over 4 years, practically interest free over 4 yrs on a new car – got to be a good deal! but only if the quoted GFV, when purchasing, remains the same as that quoted when purchasing!!!
- 11 April 2014 at 10:49 pm #27531