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What does MGFV stand for?

MGFV stands for Minimum Guaranteed Future Value (car financing)

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

Samples in periodicals archive:

A deposit of at least 10% is paid and repayments are low because a minimum guaranteed future value (MGFV) is taken off the purchase price.
You'll also be given a Minimum Guaranteed Future Value (MGFV).
The contract will set out a minimum guaranteed future value (MGFV) - what the car will be worth in two to three years.