GMFV - Any way of finding it without visiting a dealer?
GMFV - Any way of finding it without visiting a dealer?
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romeogolf

Original Poster:

2,112 posts

149 months

Thursday 15th January 2015
quotequote all
Just trying to work out some estimates of PCP payments. Any way of finding the GMFV of a model or working it out without visiting a dealer?

Car is a new Mercedes C200 Sport Automatic, no options, OTR price of £32480.

They offer the GMFV over 10k/36months on their 'offers' page, but I'd like to know what it is after 20k/48months.

Cheers.

eztiger

836 posts

210 months

Thursday 15th January 2015
quotequote all
Some websites (what car?) have estimators. But I don't know if they go up to four years.

You could take the data for your three years and extrapolate (with a fudge in for sharp year 1 depreciation).

It will be a guess either way as it will be up to the dealer (or finance broker) to attach the value based on their own criteria. They're likely to be very conservative with that figure as well.

Come up with a sensible best case and worst case figure and run the numbers on them. Then another somewhere in between to get an idea of where the numbers go.

You could also phone a third party finance provider to give you a PCP quote who will give you their balloon figure.

romeogolf

Original Poster:

2,112 posts

149 months

Thursday 15th January 2015
quotequote all
eztiger said:
You could also phone a third party finance provider to give you a PCP quote who will give you their balloon figure.
Ooh, that's a good one. I'm sure I've seen websites which do this for you without needing to go through a whole sales talk.

Andy665

4,196 posts

258 months

Thursday 15th January 2015
quotequote all
Really easy - simply phone the finance company - dealers don't set the figures although they can manipulate them (downwards)

eztiger

836 posts

210 months

Thursday 15th January 2015
quotequote all
romeogolf said:
Ooh, that's a good one. I'm sure I've seen websites which do this for you without needing to go through a whole sales talk.
Co-incidentally I'm just off the phone to oracle finance doing this very dance!

romeogolf

Original Poster:

2,112 posts

149 months

Thursday 15th January 2015
quotequote all
Just applied to Oracle to see what they say.