- published: 12 Sep 2016
- views: 1179
If you’re looking for more simple, impartial info about car finance subscribe to our Car Finance Made Simple channel. Some finance types give you a future value your car will be worth at the end of your finance agreement, this is called the guaranteed future value and it does just that. By giving you protection that your vehicle will be worth this amount as a minimum at the end of your finance term. Why not see our videos on changing your car early and equity to find out how GFV helps. We’re adding loads more great videos and content all the time, so subscribe to Car Finance Made Simple here! https://www.youtube.com/channel/UCgRSqLJk4nsKUlbpVzbfEMg Or check out our website to see all our great content: https://carfinancemadesimple.info/
http://ukcreditsecrets.co.uk/blog/vehicle-finance/guaranteed-car-finance-uk/ This is how to get a car on finance in the UK regardless of how bad your credit rating is. Thanks to Guaranteed Car Finance it is possible for anyone to get the new car they want.
This video discusses the circumstances in which a guaranteed residual value can affect the lease accounting for a lessee. When the lessee expects the residual value of the leased asset to be equal to or higher than the guaranteed residual value, the lessee does NOT include the present value of the guaranteed residual value in the lease liability (this is also the case for an unguaranteed residual value). However, if the lessee expects the residual value to be lower than the amount it has guaranteed to the lessor, then the lessee must take the present value of the difference (the guaranteed residual value minus the expected residual value) and add this amount to the lease liability. Edspira is your source for business and financial education. To view the entire video library for free...
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