A loan with a Guaranteed Future Value# agreement is similar to a regular loan with a balloon payment at the end of the term. The difference is that myFord Finance will guarantee the minimum return value of the vehicle, to ensure it covers the balloon repayment. If your vehicle has been well looked after, adheres to Fair Wear and Tear Guidelines and meets the agreed kilometre usage, you’ll know you’ll never be out of pocket when trading your vehicle in to pay out the balloon payment. The GFV is available to eligible customers and terms and conditions apply.
myFord Finance offers personalised pricing with an interest rate specific to you. Your interest rate is based on your personal circumstances and the specific structure of your loan. Rates are fixed for the term of your loan to provide certainty and peace of mind.
The key benefits of GFV include:
Choose 3 options at the end of the loan:
(3) retain the vehicle by paying the GFV amount, which is a lump sum amount owed to us at the end of the loan term. Total interest payable on the loan will be higher than a fixed rate loan if you select the GFV option. Monthly repayments will be lower compared to a similar loan term with no GFV or equivalent balloon final payment. Available on new and demonstrator Ford vehicles for selected models only. Vehicle eligibility is subject to change. If you decide to return your car at the end of your term, MFF, or another person or entity with MFF's agreement will purchase the vehicle from you for the GFV, which will be applied to reduce your outstanding loan amount. However, you will need to pay us an additional amount if the vehicle is damaged or you have travelled excess kilometres. Credit criteria, fees, charges and terms and conditions apply. Finance is provided by Allied Retail Finance Pty Ltd trading as myFord Finance. Ford™, the Ford Oval Device™ and myFord Finance™ are registered trademarks of Ford Motor Company and are used by Allied Retail Finance Pty Ltd ABN 31 609 859 985 Australian Credit licence 483211 pursuant to a licence.