What does GFV mean?
Discussion
kmpowell said:
Scary isn't it. Here's a conversation I had with somebody on the BMW forum a while ago when they were pleased with the deal they got on their new 1 series. They thought the interest they were paying on a 4yr PCP was £480, but in reality (as I explained in detail) it was actually £3,300...
They probably thought you were inventing the intermediate figures, but it's pretty simple; it's the total paid minus the deal price. Bit over £3K.They've used the list price as the reference point, which is man-maths at its best!
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