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High prices, tough financing schemes and high mark up rates force buyers to purchase second hand cars
Car prices today have increased three times compared to the prices in 2006 and to test the impact on buyers of this exorbitant increase in prices, Pakwheels.com and YouGov collaborated towards a research on the local automotive assembling industry which has been rated as the lowest progressive industry in Pakistan which hasn’t even been able to move from assembling to manufacturing. Although mark up on financing have increased, however the number of financing options available to a buyer today has decreased significantly compared to 2006 as the impact is clearly reflected in the research where majority of the buyers (65%) …
Posted in Articles
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Keeping an RX 8 in Pakistan
I can never forget the first time I saw an RX-8, this was back in 2003 when imports had barely opened up and lo and behold, someone had already imported an RX-8 that was fresh off the assembly line, as 2003 was the year this marvelous car was introduced in. Since then I had been in love with the car. What was there not to love about it? The stunning shape, the amazing curves along the fenders, the sweeping hood, the gracefully low stance, the brilliant interior and not to mention the freshly re-engineered Mazda Wankel Engine dubbed the Renesis. …
Posted in Articles
4,168 views
Tagged: imported cars, mazda, racing, Racing scene, rotary engine, Rx 8, RX 8 parts, rx8, sports, Tuning, used car, used cars
