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The final balloon payment can be larger than expected, leading to financial strain if you’re not prepared.
Exceeding mileage limits can result in extra charges at the end of the agreement.
You’re responsible for maintaining the car in good condition, and any damage beyond fair wear and tear may incur additional fees.
Unlike a car loan from us, you don’t own the car until the final payment is made, limiting your flexibility to modify or sell it.
If the car’s value drops more than expected, you may owe more than the car is worth at the end of the agreement.