WesBank Talks Finance
For over 50 years, WesBank has been a trusted provider of vehicle and movable asset finance in South Africa. We're committed to providing informative and responsible finance solutions and believe that knowledge is key, especially when entering into a finance agreement. As your vehicle partner for life, we hope that the insights you gain from our conversations with industry experts will help you make informed decisions.Please note that the information shared in this podcast is for educational purposes only and does not constitute financial advice.
WesBank Talks Finance
Balloon payments: Real questions, real answers!
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WesBank
One of the choices you can make with your vehicle finance structure is whether to take a balloon payment. With rising car prices and increasing pressure on household budgets, it’s more important than ever to understand the true cost of balloon deals, how they affect total repayment and how to prepare for that final lump sum with clarity and confidence. Lebo Gaoaketse, WesBank's Head of Marketing and Communication, clears up some of the confusion and misunderstandings about balloon payments in this episode of WesBank Talks Finance.
The information does not constitute financial advice and is not to be acted on as such. Please consult your bank or an accredited financial advisor before making financial decisions.