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 paymen...
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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 paymen...
Do you know what Guaranteed Future Value is all about? Rima Hargovan, a JV Head at WesBank, dives into how GFV works and who it works best for, as well as the benefits, disadvantages and requirements.Please note that the information shared in this podcast is for educational purposes only. This information does not constitute financial advice and is not to be acted on as such.Follow us on Instagram, Facebook & X
WesBank Talks Finance
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 paymen...