Do you know what your options are?
SSF Auto Finance is an industry leader in providing residual finance on your car, bike or caravan finance application. Many consumers consider residual financing an attractive option, as the lump sum payment at the end of the loan’s term results in lower monthly payments for the duration of the loan. SSF Auto Finance will guide you through every step of the loan application process, making sure that the lump sum payment fits your budget, and your monthly payments are affordable. Consider residual financing if you’d like a smaller monthly payment, and can afford a lump sum payment at the end of the loan, you can also refinance the balloon payment at the end of the term with SSF Auto Finance in the event that you do not have the immediate cash to settle the balloon / residual amount.
Residual finance explained
Residual financing is a loan arrangement that features a lump sum payment at the end of the loan. It’s like making a down payment later, instead of at the beginning of your agreement. This often results in lower monthly payments for the buyer, and is an attractive option for many consumers. Contact SSF Auto Finance and inquire about whether or not a residual financed loan is right for you. We’ll help you with the application process, and make sure you get the vehicle you want at a price you can afford.