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Struggling With Balloon Car Payments? AutoFin Assist understands the significance of acquiring a vehicle. We do not see it as a mere transaction but as a journey! One that starts with vehicle financing and an experienced team to help you navigate the complexities of the financial landscape to secure the best possible terms. It continues as we guide you through the repayment process, and when it is time to finalise balloon car payments, we are still ready to support you to ensure the culmination of your journey is as smooth as its beginning. Call this advertiser on 011 100 4777 or send your email here: Understanding Balloon Car Payments While balloon payments can present attractive advantages, it is essential to be aware of their potential drawbacks. The unavoidable depreciation of your vehicle’s value over time might mean that when the balloon payment is due, your vehicle’s worth is significantly diminished from its original purchase price, posing the risk of a financial setback. If you cannot fulfil balloon car payments at the end of the loan term, selling the vehicle may seem like the only viable solution. However, due to depreciation, the proceeds from the sale may fall short of covering […]