Dreaming of driving a new Suzuki without the financial stress? Learn how Guaranteed Future Value (GFV) can help you budget better and map out your route to your future rides. Let us simplify the complex world of car finance and show you how GFV can put you in the driver's seat!

With all the exciting new Suzukis hitting the roads, it’s no surprise that more drivers want to get new cars more often. However, financial considerations like budgeting, depreciation, and market fluctuations can make getting new wheels more complicated. 

This is where Guaranteed Future Value (GFV) can make a world of difference in helping you get the new Suzuki you’re dreaming of driving. We know financial lingo can be complicated and seem overwhelming, so we’re going to break down what GFV is, how it works, and how it can help you.

What is Guaranteed Future Value exactly?

GFV is a financial product designed to give you flexibility and peace of mind when purchasing a vehicle on an instalment sale agreement. In a nutshell, GFV guarantees the future value of your car at the end of your finance agreement. This means you know upfront what your car will be worth, regardless of market fluctuation. Think of it as a safety net that takes the guesswork out of your car's future value and allows you to budget around the guaranteed value. You're also protected from the risk of unexpected depreciation and have the benefit of paying lower monthly payments compared to traditional finance options.

How does GFV Work?

Understanding how GFV works will help you make an informed decision. But it doesn’t have to be confusing! Here’s a step-by-step breakdown of the process:.


  1. Choose your vehicle and terms: Select the Suzuki model you want and decide on the optional deposit amount (if any), the repayment term (usually 36 or 48 months), and the mileage parameters.

  2. Sign the agreement: Enter into the finance agreement with Suzuki Mobility Finance, and take delivery of your new Suzuki.

  3. Enjoy Your ride: Drive your car knowing that its future value is guaranteed! (NB: this is provided you stay within the agreed mileage and meet the fair wear and tear conditions).

  4. End of term options: As your instalment sale agreement term nears its end, you’ll have several options:
     
    1. Return the vehicle: You can hand the car back with nothing more to pay as long as you've met the mileage condition and terms.

    2. Refinance the balloon payment: If you’d like to keep your Suzuki for a while longer, you can refinance the remaining amount.

    3. Settle the balloon payment: Pay the remaining amount and keep your Suzuki.

    4. Trade-In for a new model: Trade in the vehicle for a new model using the available offers from your dealer.


The balloon payment mentioned in the above b and c options refers to the final sum of money you owe at the end of your finance agreement. The benefit of GFV is knowing how much that balloon payment will be, regardless of market conditions and depreciation rates.