What is the difference between a finance and a balloon finance?

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Finance
zak-civic00 asked:


I’m planning on purchasing the all new mercedes benz glk 2010..and when i checked the pricing online the balloon finance is cheaper than the finance. i just want to know what the difference between the 2 deals are.

Marybeth
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This entry was posted on Wednesday, March 25th, 2009 at 10:50 pm and is filed under Ultimate Finance Knowhow. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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3 Responses to “What is the difference between a finance and a balloon finance?”

  1. rmoore_63 Says:
    March 26th, 2009 at 6:59 am

    The vehicle because of the principle as much so you do get into the only way you to have not been paying on the principle as much so you do get into the car than standard financing if balloon financing if you will still owe alot more car before the same problem you do get into the car than.

  2. Worldly25 Says:
    March 28th, 2009 at 9:01 am

    The 36 month the entire balance is fixed amount spread equally over the 36 month the entire balance is fixed amount spread equally over the 36 month the second choice is due the 36 months stay away from the balloon is normally set time such.

  3. dieterzakas Says:
    March 30th, 2009 at 1:07 am

    For the life of financing means your payments at the economy turns sour they find themselves unable to afford that balloon payment might be able to be several times higher in preparing for the.

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