HP vs Balanced Payments
Discussion
Trying to figure out the main difference between these in financing a Porsche GT3.
Assuming one qualifies for a BP, is the only difference between the two the cost of finance on the two? Lets say one buys a car on a 4 year HP with Balloon or BP, if you want to sell after 2 years, is one easier than the other for settling early? Any other key distinctions? GFVs/Balloons seem very similar.
Assuming one qualifies for a BP, is the only difference between the two the cost of finance on the two? Lets say one buys a car on a 4 year HP with Balloon or BP, if you want to sell after 2 years, is one easier than the other for settling early? Any other key distinctions? GFVs/Balloons seem very similar.
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