A new shiny car is not in everybody’s budget these days and car financers are trying to help them with balloon payments. It is so tempting. That lovely shiny car will cost so much less per month and ...

Vertical take-off and landing vehicles are quickly becoming a trend in the automotive and aeronautics industries with more and more companies interested in developing the first true flying car. While ...

It’s a temptation like no other. The salesperson presents you with a finance deal that seems too good to be true. It means you could actually drive away with the car you want, rather than that meagre ...

You've always wanted to do this. Or at least, you've wondered what would happen—take a couple of big balloons and slip them over the tailpipes of a running car. Thankfully, Jason Fenske of the popular ...

Understand their workings, applications in loans, benefits, and risks. Ideal for business loans and strategic financial ...

If you’re considering choosing a balloon payment when financing a new car, you’re not alone. South African banks report that as many as a third of car loan customers are choosing the maximum balloon ...

In auto finance jargon, "balloon" refers to "negative equity". It's easy to understand: it's the difference between the amount I owe on my car loan and the market value of my car when it comes time to ...