A friend of mine is thinking of buying a 5 year old 911, but wants to have a balloon payment finance scheme to keep the monthly payments down, anyone know of any that will offer balloons on car of this age? Thanks.

simon

 

The Alliance and Leicester do a car purchase scheme.

depending on how long you keep the loan depends how much you pay for 5 years I think you leave a final payment of 30%. The good bit however is if you want to you can pay off this ballon payment at the same interest and same monthly payment should you decide to keep the car.

Not sure what the max borrowing is though.

I'd imagine most big finance companies offer the same sort of thing.