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GMFV
(redirected from Guaranteed Minimum Future Value)

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AcronymDefinition
GMFVGuaranteed Minimum Future Value


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By allowing customers to spread the cost of their motorcycle over 24 months and setting a Guaranteed Minimum Future Value for the customer bike, the customer no longer has to worry about what their motorcycle will be worth at the end of their finance agreement.
If your business is in a strong financial position at the end of the lease period, you can choose to make the final payment for the outstanding amount of the guaranteed minimum future value determined at the start of the contract and add the vehicle to your assets at that time.
These will be based on the value of the car, less your deposit, and less the vehicle's guaranteed minimum future value (GMFV), set by the finance company via the dealer.
 
 
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