Overview
Pak Suzuki used cars installment plan left nothing to assume the worst situation for the company. Japanese brand Suzuki is the biggest car manufacturer in Pakistan but the present situation of the dwindling economy has put it on its knees to increase sales. A very well-known and popular car maker announced used cars installment plan to make survival possible.
This is the first time in Pakistan’s automotive industry car makers record the worst loss ever in sales. Kia and Chery announced a special limited-time offer “Ready Deliver” vehicles. The pulses and uncertainties have made auto manufacturers in deepening collapse. It seems there is nothing left for them to face more worst than the present time. The worst part of this situation is, the incumbent government did not offer any relief or favor for them to save the falling industry.
Suzuki Used Cars Installment Plan
Pakistan Suzuki Motor Company (PSMC) announced a used car installment plan for Meezan Bank and Bank Al-Falah card holders. All authorized Suzuki dealerships across the country offer this plan. The details of this plan are:
- Discount on Insurance Rate
- Offer Up To 50% Discount on Processing Fee
- Discounted Markup Rate
- Residual Value (RV) Financing of Up To Three Years
- 8-Years Financing Period
Pak Suzuki Appeal To PM Shehbaz Sharif
Suzuki Pakistan offers small-engine cars in Pakistan. The company has written a letter to Prime Minister Shehbaz Sharif regarding a reduction in taxes and duties for cars up to 1000cc engine capacity. Pak Suzuki offers lightweight engine capacity vehicles with an extensive dealership network in Pakistan. They are popular as offer comfortable small cars to travel for a family. Multiple passenger cars and lightweight commercial vehicles are offered by the company in the auto market. The overall sale and production network disturb due to the ongoing dwindling situation.
The company has requested to do a favor on up to 1000cc engine cars. As their worst condition occurs by the low sale of low-engine capacity vehicles.
Conclusion
The automotive industry continues to suffer from uncertainties. Even with the worst present situation they have concerns about new taxes and duties in the coming budget. As per the current image, the government should refrain to announce any additional taxes and duties, particularly for cars up to 1000cc engine capacity. It’s been a long time since we haven’t heard about any new automakers investors in our industry. The current image might hold on the new plans of automakers in Pakistan.
