Chartered Accountant Explains: Which Is Cheaper Leasing Or Buying A Car With or Without Balloon
Jun 24, 2025•Channel
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Video Overview
Video Details
Published11 months ago
Duration11:36
Video ID-3Fi7KS0Gtk
Languageen
CategoryPeople & Blogs
PrivacyPublic
Made for KidsNo
Video TypeRegular Video
Performance Metrics
Views567
Likes19
Comments4
Engagement Rate4.06%
Likes per 100 views3.35
Comments per 1K views7.05
Description
Chartered Accountant Explains: Which Is Cheaper Leasing Or Buying A Car With or Without Balloon
Thinking of buying a car? Before you sign anything, watch this breakdown!
Using the Golf 8R as an example, I explain:
The difference between leasing and traditional financing
What a balloon payment really means
Monthly installments with and without a balloon
How guaranteed residual value (GRV) works
What happens when your balloon payment is due
The true total cost of credit most people ignore
This applies to any car — whether it’s entry-level or premium. Many people end up stuck in expensive car debt because they only looked at the monthly payment — not the full picture.
Learn how to assess a car deal properly before you commit.
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