Keeping Monthly Payments Consistent by Refinancing a Balloon Payment

A Director of an established IT consultancy approached us with a significant balloon payment due on his Lamborghini Aventador. Rather than facing a large one-off payment, we were able to refinance the outstanding £80,000 over 36 months, incorporating a new balloon payment to help maintain his monthly outgoings at a similar level to his existing agreement.

The Challenge

The customer had reached the end of his existing finance agreement, with a substantial balloon payment due on his Lamborghini Aventador.

Paying the balloon payment outright would have created a significant one-off cash requirement. However, the customer wanted to retain the vehicle without materially increasing his monthly expenditure.

The challenge was therefore to find a funding structure that would spread the outstanding balance over a new term while keeping the monthly commitment broadly in line with what he had previously been paying.

The Solution

We reviewed the existing finance arrangement and structured £80,000 of refinancing over a new 36-month term.

To help maintain affordable monthly payments, the new agreement incorporated a further balloon payment at the end of the term. This allowed the customer to spread the outstanding balance over three years rather than having to find the full amount immediately.

The structure provided a practical way to refinance the existing balloon while keeping monthly outgoings broadly consistent with the customer’s previous agreement.

The Result

The refinance provided the customer with a flexible way to manage the significant balloon payment without a large upfront cash outlay.

By spreading the £80,000 balance over 36 months and incorporating a further balloon payment, we were able to help maintain monthly payments at a similar level to the existing agreement while allowing the customer to retain his Lamborghini Aventador.

£80k borrowing | 36-month term | Further balloon payment | Monthly payments maintained