Hire Purchase Balloon
What to expect
Hire Purchase Balloon is a versatile financing option to maintain lower monthly instalments and be flexible in your repayment methods at the end of the agreement. You will pay equal monthly instalments and a pre-determined Balloon (Lump sum) at the end of the agreement.
Features
- Cash flow flexibility
- Option to pay off the Balloon amount and own the vehicle or refinance the Balloon amount
- MobilityPlus (replacement car)
Your Benefits
- Lower monthly instalments with a pre-agreed final payment
- Fixed monthly instalments
- Flexibility end of the agreement choices
- Guaranteed replacement car should your Mercedes-Benz needs more than 48 hours to be serviced/ warranty claim jobs in our authorized service center
Sample Calculation
| C200 AMG Line | |
| Car Price (RM) | 240,501 |
|---|---|
| Downpayment (RM) | 24,050 |
| Finance Amount (RM) | 216,450 |
| Balloon Payment (RM) | 56,000.00 |
| Instalment Per Month (RM) | 3,590 |
The above calculation is based on 60 months tenure with 10% down payment. Details may change without prior notice.