Better Than a Lease? A Non-captive Balloon Loan Primer

Do you have a time machine?

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does anyone have access to the hot sheet of vehicles AFG publishes? I cant find it publicly anywhere. Trucks were bad last month when I looked, but looking at a ram rebel right now in the calc it seems significantly more favorable than it was

Any updates on the viability of balloon loans? I haven’t heard much about them anymore.

Balloon loans can still be a viable option in the right situation. On the pro side, rates are failing and it’s possible to get a loan APR in the low 4s. On the con side, AFG has really pulled back on RVs, so finding a good program is like a needle in the haystack. I’ve got two vehicles going back in September and there are definitely some programs I’m following.

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I keep checking through their calculator to try and find something. Not coming up with anything. What vehicles would you recommend?

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Looking for a cheap balloon loan option?

2024 DODGE HORNET HYBRID 4D SUV 1.3L R/T
MMR w/ 15K Miles: $19K

Pre-tax payments:
24mo $177/mo
36mo $110/mo

Market is flooded with inventory right now, making these very easy to find retail at close to wholesale pricing.

Even if you add the $1800 MOPAR premier extended warranty, 36mo payment still reasonable at $166/mo.

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Every time I have to fix my son or daughter’s 10 year old beaters, I wish I had gotten more $65/mth Hornets back in September.

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What beaters do they have out of curiosity?

How come it shows “Better Than a Lease” for you and “PaySaver” for me?