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Balloon question

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Old 06-06-2005, 01:27 PM
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Balloon question

Can you sell a car that's currently being balloon financed?
Old 06-06-2005, 06:13 PM
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Jim Banville might be interested. PM him.
Old 06-06-2005, 06:14 PM
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2001 E320 (210.065), Brilliant Silver; 2002 Ducati ST-2, Arrest-me Red
It depends

upon what your loan documents say.

Unless they're unusual, typically you can sell the car so long as the entire balloon note is paid off as part of the transaction.
Old 06-06-2005, 07:05 PM
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Just the word "ballon" scares me.
Old 06-06-2005, 07:24 PM
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2001 E320 (210.065), Brilliant Silver; 2002 Ducati ST-2, Arrest-me Red
Originally Posted by Needing2knowDud
Just the word "ballon" scares me.
What's a "ballon"?
Old 06-06-2005, 07:26 PM
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1959 220S / 1979 230 G / 2002 A210 AMG / 2003 C320 SC / 2004.5 C320 SS / 2005 ML350 SE / 2008 smart
i think it's French !
Old 06-06-2005, 08:07 PM
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Originally Posted by Gregs210
What's a "ballon"?
I didn't spell "balloon" right. oh well, lol

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