LAHORE – Suzuki has partnered with Faysal Bank Limited to provide attractive car financing options for customers, featuring a significant discount on monthly installments amid rising inflation and high auto financing rates.
Key Highlights of the Financing Offer:
- Fixed Interest Rate: The financing scheme offers an impressive 17.75% fixed interest rate, making it a competitive option for potential buyers.
- Installment Calculations: The calculations for installments are based on:
- Ex-factory prices
- A 30% equity contribution
- A financing tenure of 5 years
- Suzuki WagonR VXL Pricing: The ex-factory price of the Suzuki WagonR VXL is Rs3,412,000 as of September 2024.
Read More: Sazgar Reports a Massive 700% Profit Increase in FY24
Installment Plan:
- Under the five-year plan, the normal monthly installment was Rs71,082. However, through this new scheme, the installment has been reduced to Rs65,350.
- Savings: Buyers will benefit from a monthly savings of Rs7,732, translating to total savings of Rs345,920 over the five-year period.
Additional Terms:
- Monthly installments include Takaful (Islamic insurance) and tracker services, and they are subject to change based on terms and conditions outlined on the Pak Suzuki official website.
This initiative aims to ease the financial burden on customers looking to purchase a vehicle in challenging economic times while making the Suzuki WagonR more accessible.
