Guaranteed Future Value

Marac’s Guaranteed Future Value (GFV) could help you get behind the wheel of your new vehicle, with regular fixed payments and assurance of the vehicle’s value at the end of the term.

The minimum future value of your new vehicle is determined by the make and model of the vehicle and your expected annual kilometre usage. This will be guaranteed at the time of purchase, as long as you comply with the written terms in your agreement. So, you’ll know exactly what the vehicle will be worth when your final payment rolls around.

Your benefits


Make your dream car an affordable option, with regular payments and a Guaranteed Future Value that is set.


You choose a plan that suits you, based on deposit, loan terms, and agreed kilometre allowance. At the end of your contract you have the freedom to choose what comes next; Retain it, Replace it or Return it.


We'll let you know the Guaranteed Future Value of your vehicle from the outset, which will give you reassurance of what your vehicle is worth at the end of your term (provided the return conditions are met).

How it works

Responsible lending criteria, fees and charges apply.

Your Options at the end of the loan

Retain It

To keep your vehicle, all you have to do is make the final payment which reflects the guaranteed minimum future value of the vehicle at that date. As the future values of the vehicle has been negotiated upfront, you can plan for this option financially.

Replace It

If the trade-in value of your vehicle is higher than the final payment due, then you can use that as a deposit for the next model.

Return It

Provided you comply with the terms of the agreement, you can simply choose to return your vehicle. To return it at the end of the agreement, you’ll need to pay a $350 disposal fee and any excess mileage or wear and tear charges instead of the final payment.

Frequently Asked Questions

What finance terms can I have under the GFV 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.

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 agreed for the term (total limit), and 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.

*Marac is a division of Heartland Bank Ltd. The GFV Agreement is available only for select vehicles. Please speak with your dealer for more information. At the end of the term, you can choose to retain the vehicle, by paying the guaranteed minimum future value, replace it with another vehicle available on a GFV Agreement, or return it (subject to T&Cs and excess charges). Heartland Bank Limited’s responsible lending criteria, terms and conditions, fees and charges apply.

Marac* offers car finance through select authorised dealers.

Marac is an operating division of Heartland Bank Limited.

Documents and Forms
Rates and Fees