Whether you finance or lease, you may have the option of a “balloon payment” at the end of the term. A balloon payment on a car is a large payment due at the end of the loan or lease term. Try This: 4 ...

If you’re considering choosing a balloon payment when financing a new car, you’re not alone. South African banks report that as many as a third of car loan customers are choosing the maximum balloon ...

St. Joseph High School ninth graders in physical science teacher Abigail Barker’s classes recently took part in a balloon-powered car project. “They used water bottles and balloons to construct a car ...