Comments on: Car Loans with Balloon Payments – a lot of hot air? http://blog.budgetpulse.com/2010/01/20/car-loans-with-balloon-payments-%e2%80%93-a-lot-of-hot-air/ Personal Financial Management Mon, 06 Sep 2010 23:36:08 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Mike http://blog.budgetpulse.com/2010/01/20/car-loans-with-balloon-payments-%e2%80%93-a-lot-of-hot-air/comment-page-1/#comment-3711 Mike Tue, 17 Aug 2010 22:55:00 +0000 http://blog.budgetpulse.com/?p=883#comment-3711 I would not recommend a balloon payment unless you're sure you can make the final balloon installment. It's very rare to find this as an option unless in a lease. .-= Mike´s last blog ..<a href="http://www.web2carz.com/blog/credit-finance/bad-credit-car-loans" rel="nofollow">Bad Credit Car Loans</a> =-. I would not recommend a balloon payment unless you’re sure you can make the final balloon installment. It’s very rare to find this as an option unless in a lease.
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]]> By: Kevin@OutOfYourRut http://blog.budgetpulse.com/2010/01/20/car-loans-with-balloon-payments-%e2%80%93-a-lot-of-hot-air/comment-page-1/#comment-2743 Kevin@OutOfYourRut Wed, 20 Jan 2010 17:12:02 +0000 http://blog.budgetpulse.com/?p=883#comment-2743 I was never aware of balloon loans for cars and I know nothing about them. We did a good number of them in the mortgage business and they worked out fine, however that was during a time of low to falling rates. The real test would come if rates were to spike a few points. I was never aware of balloon loans for cars and I know nothing about them. We did a good number of them in the mortgage business and they worked out fine, however that was during a time of low to falling rates.

The real test would come if rates were to spike a few points.

]]> By: Kate http://blog.budgetpulse.com/2010/01/20/car-loans-with-balloon-payments-%e2%80%93-a-lot-of-hot-air/comment-page-1/#comment-2742 Kate Wed, 20 Jan 2010 15:52:25 +0000 http://blog.budgetpulse.com/?p=883#comment-2742 I would be interested to have a few examples of the final payments based upon the cost of the car and average interest rates in Australia. I would be interested to have a few examples of the final payments based upon the cost of the car and average interest rates in Australia.

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