GMFV

GMFV is the Guaranteed Minimum Future Value of a vehicle financed using PCP Finance and assumes the car is in good condition and has a full service history.

Car finance glossary

The Car Expert has put together this comprehensive glossary of car finance terms to help you understand exactly what all the jargon means.

Personal Contract Purchase: The PCP explained

What is PCP car finance? Here is the most comprehensive guide to the PCP (personal contract purchase) anywhere on the internet.

Car finance jargon confuses UK drivers

Despite over three-quarters of new car sales being financed through manufacturer and dealer finance agreements, it is disturbing how few people really understand what they are signing up to.

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