The Suzuki Cultus remains a popular compact hatchback in Pakistan, offering a practical option for buyers looking for a city-friendly car. However, its price has now crossed the Rs4 million mark, making financing an important option for many buyers.
The third-generation Suzuki Cultus is available in three variants in Pakistan. These include the Cultus VXR, Cultus VXL, and Cultus VXL-AGS. Each variant offers different features and transmission options.
The Cultus VXR is the entry-level variant and is priced at Rs4,089,490. The Cultus VXL costs Rs4,359,160, while the top-end VXL-AGS is priced at Rs4,591,460.
The VXL offers additional equipment compared with the base VXR. Meanwhile, the VXL-AGS comes with an automated gear-shift system, making it a convenient option for drivers who prefer automatic-style transmission in urban traffic.
For buyers who do not want to pay the full amount upfront, an installment option is available through a financing plan based on Bank Alfalah leasing. The example uses a variable rate, a 45 percent equity or security deposit, and a five-year tenure.
Under the provided financing example, the Cultus VXR requires a down payment of Rs1,916,532. The estimated monthly installment stands at Rs58,619 for five years.
The Cultus VXL requires a higher down payment of Rs2,041,929. Its monthly installment is approximately Rs62,478 under the same five-year financing period.
The top-end Cultus VXL-AGS requires a down payment of around Rs2,149,949. Its estimated monthly installment stands at Rs65,804 for five years.
The Cultus VXR therefore offers the lowest monthly payment among the three variants. Buyers mainly focused on keeping their monthly expenses low may find the base variant more suitable.
The VXL comes with a higher monthly payment but provides additional features over the entry-level model. The VXL-AGS has the highest price and installment but offers the convenience of an automated gear-shift system.
The financing plan is based on filer status and a 45 percent security deposit. Buyers should note that the actual amount can vary depending on the applicable markup, bank policies, and individual financing conditions.
Additional charges may also apply when purchasing the vehicle through financing. These can include processing fees, insurance, registration charges, and other costs depending on the city and selected financing arrangement.
The Suzuki Cultus continues to compete in Pakistan’s compact hatchback market despite its high price. Its compact dimensions, practical design, and city-friendly features make it an option for buyers who want a smaller vehicle.
For buyers considering the Cultus, comparing the three variants and their financing costs can help determine which option fits their budget. The final installment should be confirmed with the bank or authorized dealership before booking.
Also read: Suzuki Cultus Price Update For March 2024
