Hyundai Grand i10 R 2,800pm Explained | Balloon Payments & Reality
Автор: Billy Mashitoa Drive and Growth
Загружено: 2025-12-26
Просмотров: 3353
In this video, we break down the "low installment" marketing strategy used by car dealerships in South Africa. We dive into the fine print of vehicle finance, explaining the math that makes these numbers work—and why they might cost you more in the long run.
What we cover in this video:
The Balloon Payment Factor: Why a large final payment is the secret behind that R2,800 price tag.
Interest Rates & Linkage: How your credit score affects the final installment.
The 96-Month Trap: Why extending your loan term isn't always the best move.
Deposit vs. No Deposit: How much cash you actually need to put down to reach that monthly goal.
Dealership Tactics: Why they focus on installments rather than the total purchase price.
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