The Suzuki Alto continues to be a top choice for car buyers in Pakistan, even without any major upgrades. This 660cc vehicle is highly regarded for its fuel efficiency, compact design, and low maintenance costs. Since its launch, its boxy shape and strong resale value have made it a popular option, particularly among first-time car buyers. Priced at over Rs. 2.3 million, the Alto is considered one of the most budget-friendly cars on the market.
However, the massive devaluation of the rupee and increased taxation have driven car prices to record highs. In response, Pak Suzuki has introduced a new promotional offer to ease the financial burden of purchasing an Alto.
Pakistan has introduced new installment options for the 2024 Suzuki Alto models, offering choices that suit various customer needs and budgets.
Suzuki Alto VX: Affordable and Accessible
Car Price: Rs. 2,331,000
Down Payment/Margin: Rs. 699,300
Bank Participation (Alfalah Bank): Rs. 1,631,700
Monthly Instalment: Rs. 48,603 (5-year plan)
Suzuki Alto VXR: Enhanced Features with Flexibility
Car Price: Rs. 2,707,000
Down Payment/Margin: Rs. 812,100
Bank Participation (Alfalah Bank): Rs. 1,894,900
Monthly Instalment: Rs. 63,614 (5-year plan)
Suzuki Alto VXR AGS: Advanced Technology with Ease
Car Price: Rs. 2,894,000
Down Payment/Margin: Rs. 868,200
Bank Participation (Alfalah Bank): Rs. 2,025,800
Monthly Instalment: Rs. 60,342 (5-year plan)
Suzuki Alto VXL AGS: Premium Features for a Luxurious Ride
Car Price: Rs. 3,045,000
Down Payment/Margin: Rs. 913,500
Bank Participation (Alfalah Bank): Rs. 2,131,500
Monthly Instalment: Rs. 63,490 (5-year plan)
Read More: Latest price of the Suzuki Swift 1.2 GL in Pakistan for August 2024
This offer allows buyers to save up to Rs. 300,000, with a fixed interest rate of 17.7%. It also includes preferred delivery, further reducing the financial strain. The standard monthly installment is Rs. 63,598, but under the offer, it drops to Rs. 58,482, resulting in a monthly saving of Rs. 5,116 and total savings of Rs. 306,950.
Through Faysal Bank Car Financing, buyers can benefit from up to Rs. 425,000 in savings with the same fixed interest rate of 17.7%. The local automotive sector has been hit hard by the economic downturn, leading to significant drops in sales and ongoing production challenges, making offers like this crucial for potential buyers.
