What is a balloon payment car loan? Simply put, it is a loan agreement where a portion of the loan amount, the balloon payment, is paid in full at the end of the loan term. This is to lower your ...

Introduction Turn a pile of trash into a toy car—and watch it go! In this activity you will learn some physics concepts and use recycled materials to build a toy car that is propelled by a balloon.

Whether you finance or lease, you may have the option of a “balloon payment” at the end of the term. A balloon payment on a car is a large payment due at the end of the loan or lease term. Try This: 4 ...