What is guaranteed future value?

Guaranteed future value (GFV) refers to the predetermined amount that a financial asset, such as a vehicle or investment, is expected to be worth at a specific point in the future. This value is often used in leasing agreements or financing options to provide assurance to the buyer that they will receive a certain value when the asset is sold or returned. GFV helps consumers make informed decisions by reducing the risks associated with depreciation or market fluctuations.