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.
- Cash flow flexibility
- Option to pay off the Balloon amount and own the vehicle or refinance the Balloon amount
- Lower monthly instalments with a pre-agreed final payment
- Fixed monthly instalments
- Flexibility end of the agreement choices
|Car Price (RM)||248,888|
|Finance Amount (RM)||223,999|
|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.