S-Class (W221) 2007-2013: S 320 CDI, S 350, S 450, S 500, S 550, S 420 CDI, S 600

balloon finance

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Old 08-17-2006, 07:15 PM
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balloon finance

Is a balloon loan a good way on financing a 07 s550,and should i put more money down than the asking down payment.I am going threw mb financing have anyone did the balloon loan with mb or any other bank etc. thanks outlaw jesse james was here

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Old 08-17-2006, 07:42 PM
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07' S550
Personally I think if your planning to pay it off within 1-2 years I think ballon is a better way to go, however if your planning on carrying it to the end of the term... I say stick with conventional financing. Just my 2 cents worth.
Old 08-17-2006, 09:29 PM
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Harley-Davidson
Originally Posted by jesse james
Is a balloon loan a good way on financing a 07 s550,and should i put more money down than the asking down payment. . .
I would have thought between your TV show and your wife Sandra you could just pay cash for the dang thing.

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