Overview
Inspiring by other car maker’s strategies and benefits Kia, Honda, and Peugeot introduced zero interest plan for the vehicles they had never considered for this offer. Honda and Kia bring the concept of zero interest for their four-wheelers. The offer is amazing and inspiring for car enthusiasts.
For sedan cars car makers announced multiple zero-interest plans, promotions, and offers. Meanwhile, car prices have also slashed recently in Pakistan by a huge amount. Kia reduced its prices for two-wheelers and four-wheelers which makes customers crazy. This would be a new strategy for car makers to catch new customers from the market. Because this is a new offer and would attract customers.
No-Interest Plan for Four-Wheelers
Kia and Honda announced a no-interest plan for the Kia Sorento, Honda BR-V, and Honda HR-V. Peugeot 2008 Allure is also offering this plan for new buyers. Now 4-wheel car buyers can avail of easy installment plans. Buying a car at full price is not easy for everyone. At this moment installments and zero-interest offers look familiar and suitable.
This plan is already used for two-wheelers and working with good terms. The companies have adopted this strategy by receiving successful results in sales. It would help car makers to improve sales and cover the previous huge part of the loss.
Automotive Sale Situation
The recent appreciation of the rupee value against the dollar has offered good opportunities. Car makers reduced car prices and announced multiple promotions including free registration to accommodate new buyers.
But the previous loss with huge decline is not forgettable. The automotive industry still suffering because the instability of the economy creates obstacles to new buyer’s interest. Car makers still do not cover the previous loss. Meanwhile, the prices have made huge changes but they are suffering. Lack of strategies and lack of technology development had bad impacts on production. They required a strong setup in Pakistan to continue the smooth production and engage new customers from the market.
Conclusion
Reshaping the strategies and finding new clients is a good strategy to pick new clients. But how the plan will work and how long it can accommodate customers with zero interest is a big question and concern. However, if we look at the offer it’s not bad to avail but the exact information regarding its availability is more important.
