Under our Personal Contract Plan, the funder (AIB for Nissan or Bank of Ireland for Hyundai) purchases the car on your behalf. You then pay an agreed installment over 24 or 36 months. A portion of the car’s value is deferred until the end of the agreement.

This amount is the minimum value that Hutton & Meade guarantees your car will be worth at the end of your agreement, your Guaranteed Minimum Future Value (GMFV). You will have three options at the end of your agreement in relation to the Guaranteed Minimum Future Value:

  1. Pay the final installment and take ownership of the car, or re-finance it subject to lending criteria.
  2. Part exchange your car for another
  3. Return your car with no further payment, terms and conditions apply.