Guaranteed Future Value - A simple Question ?

[travelininstyle]

Hello Guys and a Happy and prosperous New Year to you all - I have a simple question - when entering into Agility type agreements - who sets,or determines the Guaranteed Future Value (GFV) for the vehicle at the end of the agreement term - is it MB Finance - or the local dealership - and how do they determine the value ? - I ask,because I took out a sheet from a group stock folder of a dealership for an E-class same age/similar millage yet the E-class had a lower GFV - most odd - unless it was for illustrative purposes only - but seemed bona fide

 

[MarriedBlonde]

Its done by Mercedes finance. They enter the car details, miles etc, term and then it gives you the future value.

J.

 

[travelininstyle]

Its done by Mercedes finance. They enter the car details, miles etc, term and then it gives you the future value.

J.

Many thanks - I have just picked up a more detailed thread on the subject - it was most informative - seems best to walk away anyway,since dealer states they would not buy the car and rarely if these days,if ever,these days does any dealer offer above GFV - but at least driver does not assume downside risks of major depreciation.

 

[SamW]

The Residue value is determined by the mileage but more importantly the spec... Not all options effect it but lumpy expensive options bump it up.