# Drive Out

Site: https://driveout.co.za/

## Recent posts

- [That Low Car Payment Might Hide a Six-figure Balloon](https://driveout.co.za/beware-hidden-car-loan-balloon-payments/): This article explains how car finance balloon payments defer a significant portion of vehicle debt to the end of the contract, making monthly payments appear lower. It details that this deferred amount continues to accrue interest, citing WesBank data showing 35% of new-vehicle finance agreements in August 2025 included balloon payments. The piece clarifies that this mechanism creates an illusion of affordability rather than genuine cost reduction.