Retired after 42 yrs and enjoying Life.
Lifetime VIP Member
- United Kingdom
- T5 SE 180 4Motion
If you can sell it for more than the balloon payment then you sell and pay the balloon payment and keep the difference, but I presume you would have to clear this with the Finance company if a private sale or use someone like WBAC who would pay on your behalf.Thanks - how does the trade-in value work? Don’t you just have to decide whether to pay the balloon and own it, or hand it back? Otherwise what do you have to trade?
Personally I would be very careful/wary purchasing such a vehicle, but each to his own.