Advantages of houses with attic for adaptation

House design with attic for adaptation is a compromise solution between a one-story house and a two-story house. In such projects, generally on the ground floor there are: kitchen, living room, bathrooms and 2-3 bedrooms, and the attic is an open space, designed for any arrangement in accordance with the individual needs of the investor.

The great advantage of such houses is the possibility of staging the investment – the attic can be finished at any time, also a few years after the development of the ground floor.

Houses with attics for later adaptation

Are often chosen by young people who plan to expand their family in the future. When they move into a newly built house, ground floor space is enough for them, but as children grow up, it will be necessary to develop the attic. Leaving a free space in the attic will certainly work out if investors anticipate looking after their parents in the future.

Seniors will probably be more comfortable on the ground floor, while a younger couple will be able to arrange a comfortable bedroom in the attic along with their own bathroom and wardrobe.

If guests often appear at home

A daughter with her own family, it is worth thinking about transforming the attic into a comfortable zone for visitors. This is a very beneficial solution, because in the winter season, such rooms require heating only during the stay of guests. There is another advantage of this solution – the unheated and well-insulated attic creates a buffer zone, thanks to which the escape of warm air is limited, and the house does not cool down so quickly.

The attic space will also work if one of the household members is a freelancer and needs a quiet place to work. The attic is great for organizing a study or studio. In both cases, proper lighting should be ensured. Some investors allocate the attic as a gym, recreation room, mini-cinema or traditionally, at least temporarily, organize an attic there. The large space allows you to store a variety of equipment – from unused furniture and seasonal sports equipment to children’s toys and clothes.

The method of attic development

In a large area depends on the needs and imagination of the investor. The open space of the attic allows any division and arrangement of this living space.

The range of possibilities is huge – from the bedroom, through the study, guest room, to the gym and the standard attic with drying room.

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The best loan for a new car !

This year, the Swedish brand has decided to renew its bestseller: the famous Volvo XC60, so well known for 10 years. This SUV has been sold worldwide in more than one million copies and has kept the leading position in Belgium for four years. During all these years, he has held up well against fierce competitors, such as the Audi Q5, the BMW X5, the Jaguar F-Pace and the Mercedes GLC.

But during this renewal, Volvo wanted to put the priority on the high-end in its range of “90”. And the XC60 is no exception as it follows in the footsteps of the XC90, and on many levels. However, it is not easy to afford such a jewel. Indeed, the basic model starts at almost € 49,000. Add to that some options and the addition increases easily. But there are fortunately financing solutions that will allow you to crack for this car, such as via a new car loan the cheapest.

Always more classy

cash

From an aesthetic point of view, the Volvo XC60 holds a lot of its big brother, with the difference that it is smaller. Less heavy and more athletic too. Where his direct competitors are still discreet, he manages to win through a design that brings out the automotive landscape. It is indeed a compact SUV borrowed style by its flat hood, its taxable grille and its well-designed headlights, both in the front (T-shaped) and back (shaped of the).

As for the interior design of the SUV, its interior is irreproachable and its materials very neat. In addition, the large vertical touch screen is a guarantee of modernity. Finally, the shaping of the car typically reflects the Scandinavian style: welcoming, bright and pleasant. What really make way for a luxury atmosphere.

Driving and safety

Driving and safety

Volvo’s motto? Security, of course! It’s been 90 years since the Swedish manufacturer rolled for safety . And this is reflected even more today, mainly in his model XC60, which was one of eight cars sent by EuroNCAP crash test. And it is he who is doing the best, with a score of 98%! This goes, among other things, with a touch of technology. Indeed, Volvo now allows the detection of animals causing an emergency braking. This means that, in addition to passers-by and vehicles, the car will be able to brake in the presence of animals.

To reinforce this security, the brand offers assistance, prevention and security options.

Assistance : help with driving to make journeys more enjoyable.

  • Pilot Assist helps you keep your vehicle on your traffic lane by maintaining a certain safety distance from the vehicle in front of you.
  • Blind Spot Information warns the driver that a vehicle is coming into the blind spot of the car.
  • Road Sign Information helps to follow certain signs, such as speed limits.
  • Driver Alert Control has the function of attracting the attention of the driver in case of distraction or fatigue.

Prevention: limit the risk of accidents

  • The purpose of the lane departure warning system is to reduce the risk of inadvertent change of traffic lane.
  • City Safety helps avoid accidents. According to Volvo, ” This feature can prevent or mitigate a collision with a pedestrian, a cyclist, a large animal, or a vehicle. Warning lights, audible warnings and braking pulses are issued in the event of a collision risk to help the driver intervene in time. If the driver does not react to the warning and the risk of collision is imminent, City Safety can automatically brake the car. “

Safety: protect the driver and his passengers in the event of an accident. But besides the usual functions, the brand also has:

  • Pedestrian Protection System : In some frontal collisions, this function aims to reduce the impact of the car with the pedestrian. And this, thanks to sensors placed at the front of the vehicle that raise the rear part of the bonnet.
  • Whiplash Protection System : In the event of an impact at the rear of the vehicle, the position of the front seats will adjust to protect against cervical injuries.

Motorization – Twin Engine

Motorization - Twin Engine

Volvo engines are well known to enthusiasts. But with this revival of the XC60, a new engine: the T8, a member of the Twin Engine category. It is a gasoline engine 2.0 powered by an electric motor and a compressor providing, alone, 320 hp. This torque offers a power of 407 horses, allowing a passage from 0 to 100 km / h in only 5.3 seconds. And that, without harming the environment. Indeed, the Volvo XC60 has four driving modes: Pure, Hybrid, Dynamic and AWD.

  • Pure (full electric) : allows to ride 30 to 40 km without the help of the engine
  • Hybrid : promotes electricity (unless you have a really heavy foot). However, this empties the batteries as fast as in Pure mode. But allows, in return, a consumption of 1.2L / 100km.

Luxury is paying for itself

Luxury is paying for itself

It’s well known, all at a price. And in the case of this superb SUV, it is a sad reality. While the previous edition was accessible from € 30,000, the bar was, this time, placed much higher. Indeed, this new model is not cheap. The starting price? 49,250 €! A famous sum. And if you opt for a more powerful engine with a few options, the note climbs without worrying about your wallet.

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Include a car loan in a home loan

NO, it is not possible to include a car loan in a home loan however, it is possible to combine the two into one , with a single rate .

Include a car loan in a home loan

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Many auto loan borrowers want to include it in their mortgage, for a number of reasons. The first is to take advantage of the property rate to repay a single monthly payment and at a reduced cost. The second reason is to have only one interlocutor and therefore only one sample rather than several. Finally, the third motivation concerns borrowers with a car loan but wishing to buy a property, they are thinking of consolidating the car loan and mortgage to take advantage of current credit conditions . Whatever the motivation, the redemption of credits can meet this need, we can consolidate several loans (including the car credit ) to repay only one monthly payment, eventually.

Auto Loans and Mortgages: Credit Redemption

Auto Loans and Mortgages: Credit Redemption

The operation of the repurchase of loans is relatively simple, the borrower solicits a specialized financial organization, which studies the request for financing taking care to analyze the feasibility of the project. He will then propose one to several offers of repurchase of loans taking into account the needs of the borrower. Good to know, it is possible to group together different types of consumer and real estate loans together, car loans, work, personal, renewable, etc. Once the credits are grouped, the new lender repays the old creditors and sets up the new credit including a single term, a renegotiated rate and a readjusted monthly rate. It is the funding body that takes care of all the procedures, namely the preparation of the file, its implementation and the repayment of old credits.

Include a loan and finance a new project

The purchase of credit has the advantage of being able to adapt to all types of needs, including that of consolidating several loans and financing a new project. Some households take advantage of the grouping of credits to include an amount allocated to a new project, this avoids taking out a new loan and accumulating several monthly payments. It is possible to include a consumption project, that is to say an amount to buy a vehicle (car, motorcycle, boat), to carry out work or improvements. It is also possible to finance the acquisition of real estate, under certain conditions. In both cases, a feasibility study makes it possible to quickly know if the project is feasible, it is free and without commitment.

 

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How to Invest Money

Many people fail to invest or invest their money in investments that are not profitable, precisely because of the lack of knowledge about how to invest money safely. In fact, this is a lot easier than you might think. Good investments require discipline, information and basic knowledge about how the investment market works. Want to know how to invest your money better? Check out these tips:

Identify your profile as an investor

Identify your profile as an investor

This is the first step for those who want to take good care of their equity and learn how to invest money correctly. It does not matter if your profile is more conservative (risk averse) or bold (is willing to deal with any losses): it is imperative to find the types of investment that are right for you. And to do this, you need to identify your profile as an investor.

Are you willing to take risks such as stock fluctuations that devalue your investment? Do you prefer to have a fixed income, but less likely to lose? How long do you intend to leave the money invested? Answering these questions is essential to identify your profile and then find the applications that are right for you. In general, the Brazilian is more conservative, since we have a history of interest rates, economic instability and high inflation.

Make Money Work for You

Make Money Work for You

Every investment must have one goal in common: make it multiply and work for you. Instead of living on account of paying bills, repaying debts, putting together some exchanges every month to save money, would not it be nice to be able to count on your investment income? For that is the goal of every investor.

With that in mind, The Alvings has created a simple, fast, and low risk Investment Guide that will bring profitability to your money.

Our rule is simple and can be done in two steps:

1) Invest your financial reserve in Fundo DI: separate the equivalent of at least 3 salaries to apply in DI funds, a fixed income type.

2) Invest for the future by applying in average bank securities (CDB, LCA, LCI): the rest of your money is invested in middle-market bonds that yield more than DI and are guaranteed by the FGC (same savings guarantee).

For more details, see our Investment Guide post.

Invest for the Future: Retirement

Invest for the Future: Retirement

Nothing to invest thinking of the next year, or the exchange of the car. We must also invest for the future. This ensures that you have a quieter retirement, not just dependent on the government (which is getting smaller). Consider options like fixed income applications with long grace periods for redemption.

Broaden your knowledge on how to invest money

To know the effect of high interest on investments, how to bypass inflation, or even which markets are going to be rising in the future, you need to know. Try to read about economics and finance on the internet and in specialized newspapers, such as Valor Econômico . As much as you do not understand all the terms initially, this is a way to start learning and making better investment choices in the future.

With these tips on how to invest money, it’s time to put some recommendations into practice! Take advantage of these tips to make good investments and save money! Still have questions or suggestions? Leave your comments here!

 

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Mortgage interest rate development August 2017

How does the mortgage interest rate develop in August? You can read it in our mortgage interest expectation. Will the interest rate rise from last month continue?

Will the interest rate rise continue?

Will the interest rate rise continue?

Mortgage interest rates rose again last month. The reason was an increase in the capital market interest rate, which in turn was caused by statements by policy makers.

In the United States, the Fed raised the policy rate for the second time this year, as expected. New was the announcement that the central bank umbrella is considering reducing the debt balance, possibly as early as September.

In Europe, the central bank continues to buy loans and the policy rate remains low. Although inflation is rising in the Eurozone (1.3% in July compared to 0.1% in the same period last year), it is still not at the desired level (just under 2%).

Nevertheless, there are signs that the European Central Bank is thinking of phasing out the stimulus policy. A decision on this may already be taken after the summer. This decreases the pressure on interest. However, raising the policy rate, as in the US, is still far away.

Interest rate mortgage expected in August

Interest rate mortgage expected in August

Most lenders have now adjusted their rates to the increased market interest rate. For August, we therefore expect mortgage interest rates to remain at their current levels and to rise slightly further with a number of lenders.

Getting used to rising interest rates

Getting used to rising interest rates

Thanks to these statements from policymakers, the market can get used to a less broad monetary policy. Companies must take into account more expensive financing, investors can adjust their portfolio and banks already anticipate an interest rate rise.

The ECB wants to prevent market conditions from changing significantly. The gradual phasing out of the purchase program is therefore the most obvious. In this way the central bank can continue to keep pressure on interest rates.

Consumers must take into account a gradual rise in mortgage rates. Are you waiting for this or are you taking action? Request a free mortgage quote now.

 

The Role Of Personal Finance Management In A Successful Financial Life

It was not easy to move from my job – which had nothing to do with finances – to a journey to an early retirement. I had to learn everything about finances and investments in order to try to achieve the goal of being financially free at age 33. For that, I read more than 100 books in the area, and I came to dominate the field of investment. Today I have several investments in stocks, bonds and above all real estate, my favorite branch.

When I showed that I was learning about finances, which was normal in conversations with friends, I was quickly asked to give tips and help. At this time (such as today) lived in Germany, where investments are looked at differently than in Portugal. Some friends proposed to pay me to help them, first for a dinner or something symbolic, but in some cases the work became so much and the results were so good that we agreed an annual amount for it. Quickly the message spread and when I realized I had 10 clients and could not accept any more, despite continuing to receive requests.

 

The strategy to help customers

The strategy to help customers

The first thing I did when a new client came to me was to determine with exhaustion and rigor their monthly cash flow. Revenue and expenses, on an excel sheet. We had to see everything in detail but the customers did not know. “More or less 100 euros in restaurants per month” and “for some 50 euros in outlets and fun”. Others said, “Look, I have no idea.”
It was there that I had to develop a method that not only covered everything that was needed but also showed the data in a useful way. Excel sheets did not arrive – first you had to continue to guess the values ​​(because no one came home at the end of the day and wrote them down in Excel – they just tried to guess at the end of the month what the expenses had been). At the same time I began to help a Portuguese friend who did a search on the internet for software that solved this problem.
Not only would it aggregate all the data, it would show them in a truly useful format but also that it could be updated easily at the end of the day or even during the day if there was availability.

 

Why control personal finances?

Why control personal finances?

Of course my strategy is very radical for most people – but I also have a radical reason for doing so. However, for most people, I think that managing personal finances should be a priority, and certainly something that will maximize people’s happiness. Money brings happiness? Just for you, maybe not, but for sure that doing something you like brings happiness. And to do what you like, you should control the finances.

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Car loan despite poor credit rating

Loan application with poor credit rating

Loan application with poor credit rating

Many people are looking for a car loan despite poor credit rating, because they are in dire need of a car. There are several possibilities here. However, it must be distinguished whether the bad credit rating comes from a lack of or too little income or by negative credit bureau entries. If both are present at the same time, it will be very difficult, but not impossible, if certain principles are followed and additional collateral is available.

Loan comparison

Loan comparison

For a car loan from a German bank comparable conditions must be met, as they apply to an installment loan. An essential difference is the intended use. While there are no restrictions on a installment loan, a car loan is completely different. It may only be used to finance a new or used car. You must be able to provide the bank with a corresponding proof of use on request. In addition to a bank loan is also a dealer credit to choose from.

If the credit rating is bad, you have to expect that you will receive a credit rejection. Nevertheless, you should not give up prematurely, but consider other alternatives. You could, for example, take out a loan without credit bureau or a personal loan. If you need help and support in finding a car loan despite bad credit, you are welcome to contact a private credit intermediary.

Due to the numerous offers, it is not always easy to make a decision on where a car loan should be taken despite poor credit rating. Here it would be advisable in any case to play through different variants and perform a detailed comparison on the Internet. There are credit portals that can be used by all potential creditors free of charge and around the clock. An accurate and up to date result can also be provided by a loan calculator, which can be found on most credit comparison portals. Here you can enter the desired loan amount, the term and the monthly installment and press a button to calculate your offer. You will then receive several offers that match the search criteria you entered in the loan calculator.

Bank loans

Bank loans

Bank loans can be divided into German and foreign bank loans. In addition, they must be differentiated according to their purpose. Car loans are generally earmarked. With them, a foreign use for the financing of other consumer goods is already excluded from the outset.

For a car loan from the house bank or from a comparable bank or savings bank, you have to meet certain requirements. Especially great value is placed on your income and on your credit bureau information, which should not comply with negative entries. If this is the case, the credit rating can deteriorate considerably. Often the consequence is that you can get no or only one loan under difficult conditions. In addition, a lack of or insufficient income is a common problem. In all these cases, you can improve your credit rating by providing your bank with various collateral, naming a second applicant or guarantor. A second applicant will be responsible for the payment of credit installments as much as you are, while a guarantor will only be responsible if you yourself are unable to meet your credit commitments.

If your credit rating is limited and you have the option of receiving a small loan, you may be able to use it if you pay a larger sum in the dealership. This significantly reduces your financing needs. A car loan despite bad creditworthiness is so much more possible, as if you finance the entire purchase sum over a loan.

Foreign bank loans are also known as bank loans, but have not come from Switzerland since 2010 but from Liechtenstein. Here you can get a installment loan or a car loan. The maximum loan amount here is 7500 Euro. Alternatively, a car loan of € 3,500 or a car loan of € 5,000 is available. However, this is a car loan without credit bureau and not always a car loan despite bad credit rating. If the bad credit results from your lack of income and if you do not have a fixed employment contract, it will be very difficult to get a loan from abroad. Again, however, you can usually make up for missing personal requirements with a second applicant or a guarantee.

Dealer loans

Dealer loans

Dealer credits often play a major role in financing a car. They can be picked up directly at the dealership where the new car is to be purchased. They are not only offered for new cars, but also for used cars. There are several factors that speak for a dealer loan instead of a bank loan. Interest rates are often very cheap with a dealer loan. In addition, the purchase and financing of the car is done in the same place, which saves unnecessary ways and time.

If you have the option of paying for an old used car and / or paying a larger deposit for the car you want, you should definitely make use of this option. This has the advantage that the financing requirement is reduced. In the dealership, people can often get a car loan despite bad creditworthiness, for example, have the minor negative entries in the credit bureau or exercise a self-employed or freelance work with fluctuating income. However, there can be no guarantee of that. The dealer is happy to provide information as to when a car loan despite bad creditworthiness is possible and when not.

Personal loans

Personal loans

In many cases, relatives or acquaintances are prepared to contribute some of the cost of the new car and to give out a car loan despite their poor credit rating. Another alternative would be a personal loan from a stranger. Such a loan is most likely to be found on the Internet via a credit brokerage portal. Here is a free registration and an entry of the loan request possible. There is the advantage that the entire amount of funding does not necessarily have to come from just one person, but can also come from several people.

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Do you get a car loan without proof of income?

Car loan without proof of income – when will it be forgiven

Car loan without proof of income - when will it be forgiven

Getting a car loan without proof of income is almost impossible at a bank. Commercial banks always ask for proof of income, so that a loan will be granted and also German banks will not give it up. Income always means the security required when lending. If this security does not exist, the applicant will come to no conclusion and receive no credit.

Banks only steer if the car loan without proof of income is not money but goods. Nowadays cars are often financed by loans. Thus, the goods remain in the possession of the seller until the loan amount has been paid. For banks, a higher down payment counts as collateral, for example, they can keep the vehicle registration until the loan has been paid. Should this not be paid, the vehicle remains in the possession of the bank. Mail order companies often provide installment payments without asking for income. Here only care must be taken that the goods are paid on time so that no dunning fees arise.

Self-employed car loan without proof of income

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The self-employed can not, like employees, provide proof of income. Therefore, these individuals can not receive a car loan without proof of income. This also applies to the unemployed, who receive social benefits but do not count them as income. Only a few providers are prepared to grant a loan to a self-employed person. For this he must meet certain conditions, which are usually very high. Instead of proof of income, self-employed persons must submit other documents in order to be granted a loan.

Possibilities of a loan without proof

Possibilities of a loan without proof

Anyone who thinks about this loan will be quickly disappointed. Often only the choice of a private financier, who may be willing to lend money, remains. Friends or family members can be interviewed, who are often the last chance to get money. If valuables are present, they can be transferred to a pawnbroker, so that the difficult financial situation can be bridged. Many options do not remain if a bank refuses a car loan without proof of income. With no proof of income, it will not only be difficult, but also almost hopeless, so other ways will need to be found to get money.

 

How to manage your money – Online Loans

Forex trading requires a lot of patience, adequate education, rapid adaptation to market updates and a range of other qualities. Today we will tell you more about managing your trading capital during trading, as this is vital for long-term gains . What many people fail to understand is that one should not only plan to make profits from a single operation, work on the starting and entry points, but should also base the strategy on achieving earnings over a long period of time. This is where the ability to manage finances is born and commercial capital becomes vital.

The reason why many traders lose money in Forex is because of their inexperience, which leads to neglecting the principles of Forex management . Because of its volatility, the Forex market is inherently risky. Money management in Forex is therefore a non-negotiable success factor for both beginners and experienced traders. Below we will tell you more about money management for beginners.

An attitude that will help will be to approach Forex trading

An attitude that will help will be to approach Forex trading

If you’re just starting out, you’ll have to educate yourself. An attitude that will help will be to approach Forex trading as if it were a career, because it is what it is. It is advisable to develop your trading skills first using a demo Forex account . Exchange in this way for a period of time to understand the various trading strategies and how the market works. The sooner you learn and adopt Forex money management strategies the better.

When you think you’ve learned enough to start trading live, invest a sum that won’t negatively affect your livelihood if you lose everything. It is also advisable to have other investment options. As the old saying goes, don’t put all your eggs in one basket.

The principles of Forex money management are fairly easy to follow and have the potential to save you a lot of losses if you adhere to it properly. Let’s take a look at some important tips.

Have a Forex trading plan

Have a Forex trading plan

Having a Forex trading plan and sticking to it in all situations is crucial. The plan will include your money management strategies. A trading plan will help you keep your emotions under control and will also prevent you from trading lightly.

With a plan, your entry and exit strategies are clearly defined – and you know when to take your earnings or cut your losses without becoming fearful or greedy. This brings discipline in your trading, which is essential for managing Forex capital . This is not directly related to money management. In fact, it has more to do with developing a disciplined approach to trading.

Understand your risks

Understand your risks

Recognize that there is an element of risk in each trade and accept the fact that it is possible to lose money in a given trade. Don’t get carried away by your potential profits. Rather, be more aware of the potential risks. Always weigh the risk in each trade before considering profits. It is better to make many small profits than to make a big profit from a single trade.

Entering the market with the mentality of a gambler is a foolproof way to lose money. Before starting to trade , look at the size of your deposit. If you can handle the loss of this money, trade it. Forex trading is risky and you should never commit more than you are willing to lose. You should also try to deposit an amount you are willing to commit to, as extracting the capital after some fruitless transactions can ruin your entire trading experience.

Finally, the use of stop-loss for each commercial position that is started is a useful advice for money management, as specified by fibogroup.it .   Stop-loss orders protect your investment from unexpected market changes.

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Car loan Balloon financing – what is it?

Car loan with balloon financing

Car loan with balloon financing

What is a car loan with balloon financing or a three way loan? Especially the credit market for vehicle loans offers a variety of possible financing options. Unfortunately, this is also associated with a number of keywords that are not always easy to classify properly. The background to the car financing illuminate, while pointing out advantages, but also risks, the following contribution to the topic of balloon financing.

The car loan with balloon financing – the principles.

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The car loan with balloon financing is a installment loan. Most frequent offerers of this financing possibility are the manufacturers banks of the car brands. Often the balloon loan is used as part of the sales marketing for calculation examples in the loan offers. At first glance, the customer sees the small monthly installments in the same amount, even with a high purchase price. So the buying interest is awakened.

Behind the calculation example is a realistic loan. The rates paid together with the down payment often correspond approximately to the depreciation of the vehicle. At the end of the term, the residual value must be paid in one sum as part of a large completion rate. The closing rate can even be up to half of the actual purchase price.

When is the balloon loan useful?

When is the balloon loan useful?

The car loan as a balloon financing is for most vehicle buyers an interesting financing alternative to the conventional installment loan. Especially the low rate, due to the repayment time divided into two main sections, makes it so interesting.

Purchasers of new vehicle buyers who regularly exchange their vehicle for a new vehicle benefit in particular. You pay, as in the case of leasing, the monthly loss in value as a rate. At maturity of the completion rate, the vehicle is given back in payment and serves as a new down payment.

Another group of vehicle buyers expects a larger one-time payment in the future. For example, a life insurance is paid out. The high completion rate is practically there, but its availability is still in the future. For this group of buyers, the balloon loan is an adequate means to bridge the time.

One group of buyers who can really take advantage of the balloon loan car loan is the undecided. The three-way loan, a modern variant of the balloon loan, leaves the buyer until the very end the choice. He decides between a further financing, payment in one sum by payment of the closing rate and the vehicle return at the time value.

Disadvantages of financing as a balloon loan.

Disadvantages of financing as a balloon loan.

The car loan as a balloon financing in the variant “three way credit” has only two disadvantages for buyers willing to return. When calculating the rates, care should be taken to ensure that the expected loss of value is not undercut. Otherwise threatens at the vehicle return a hefty additional payment. For the same reasons, the value preservation must not be lost sight of. Who considers these two aspects, for the car loan as a balloon financing is a good financing option.