Definition Type: Element
Name: BalloonPercentageResidualBuyDown
Namespace: http://www.starstandard.org/STAR/5
Type: udt:PercentType
Containing Schema: Components.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
Amount paid up-front towards the end-of-term residual value. (A higher residual means lower monthly payments - some people will put cash or trade equity down to "buy-down" their monthly payments.)
Collapse XSD Schema Diagram:
XSD Diagram of BalloonPercentageResidualBuyDown in schema components_xsd (Standards for Technology in Automotive Retail)
Collapse XSD Schema Code:
<xsd:element minOccurs="0" name="BalloonPercentageResidualBuyDown" type="udt:PercentType">
    <xsd:annotation>
        <xsd:documentation>
                        Amount paid up-front towards the end-of-term residual
                            value. (A higher residual means lower monthly payments - some people
                            will put cash or trade equity down to "buy-down" their monthly
                            payments.)
                    </xsd:documentation>
    </xsd:annotation>
</xsd:element>
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