Meaning Minimum Guaranteed Future Value
What does Minimum Guaranteed Future Value mean? Here you find 2 meanings of the word Minimum Guaranteed Future Value. You can also add a definition of Minimum Guaranteed Future Value yourself
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Minimum Guaranteed Future ValueIf you arrange your car finance using the PCP method, you defer a percentage of the total cost of the car to the end of the contract. This percentage is known as the Minimum Guaranteed Future Value (M [..]
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Minimum Guaranteed Future ValueMinimum Guaranteed Future Value (MGFV) is the guaranteed minimum amount that your car will be worth at the end of your financial agreement. It’s also known as the guaranteed future residual value. Back to top
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