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This simulation compares the purchase of the new Alphard using a conventional loan versus a Guaranteed Future Value (GFV) loan, assuming a ¥1 million down payment. We'll use more realistic conditions, including all fees, for a more accurate interest calculation.

At first glance, it seems that the interest on a GFV loan is calculated on the full vehicle price, just like a regular loan. However, this is where the hidden reason for the higher total cost of a GFV loan lies.

A GFV loan, also known as a Personal Contract Purchase (PCP) in some countries, is a financing method where a portion of the vehicle's value is set aside as a final payment. This allows for significantly lower monthly payments during the contract term.

The Global Peace Index is a measure of the peacefulness of 163 countries and regions around the world. It is based on 23 indicators across three domains: societal safety and security, domestic and international conflict, and militarization. A lower score indicates a more peaceful country. The index covers 99.7% of the world's population and is widely used as a measure of international peace.