When the final balloon payment is due on a balloon auto loan,you can generally

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Option A is a feasible choice if you can afford the balloon payment and want to keep the car. Option B might seem like an easy way out, but it usually involves additional fees and penalties. Option C is viable if you have equity in the car, but it can be challenging to sell the vehicle for the right price. Therefore, all these options should be considered while deciding the best choice.

When the Final Balloon Payment Is Due on a Balloon