What finance terms can I have under the Guaranteed Future Value Agreement?
You can select a finance period of either 12, 24, 36 or 48 months depending on which term suits you best.
Can I trade in my vehicle before my term is up?
Yes, provided you pay all that’s owed under the agreement. However, due to the structure of the GFV agreement, if you trade in your vehicle early, the settlement amount may be greater than the trade-in value. That’s why it’s important to choose a term that best suits your needs.
What happens if I choose to return my vehicle at the end of my GFV Agreement?
With a GFV Agreement, you can return your vehicle at the end of the agreement, provided you comply with the terms of the agreement. Simply provide us with 30 days’ written notice, return the vehicle and settle the $350 disposal fee, plus any excess mileage, or wear and tear charges (if applicable).
What happens if I exceed the annual mileage limit?
If you exceed the allowed number of kilometres agreed for the term (total limit), you’ll be charged per kilometre as specified in your agreement.
Is fair wear and tear covered in my agreement?
Fair wear and tear is included in your agreement. We will arrange an independent inspection of your car’s condition for excess fair wear and tear when you return it. Your dealer can provide more information about what fair wear and tear is and what you need to be aware of before the inspection at the end of your GFV Agreement.