Changan Introduces An Installment Plan for Consumers

In a bid to flourish its already soaring market share growth, the new entrant, “Master Changan Motor Limited (MCML)” embarks on providing the facilities to its consumers. A week ago, the automaker announced a “price lock policy” to safe its customers from burgeoning car prices and rising inflation.

Extending this facilitation process, Changan Pakistan comes with a new financing policy/plan sponsored by Bank Alfalah at all dealerships. Under the plan, the consumers would be able to convert balance payment into monthly installments.

Here is the company’s recent social media post revealing the newly-introduced plan.

As per the sales charts, the car maker’s market share has observed a huge growth in Pakistan. Since its inception, MCML has sold more than 30,000 units across the country.

Changan Announced A “Price Lock Policy”

Economic downturn in the country is shifting sands – shattering the local auto industry. Car companies are hitting the consumers hard via back-to-back price hikes. On the other hand, production cuts and late deliveries are adding more pain to the local assemblers.

In the meantime, when all the automakers are shifting the burden on the customers, Master Changan Motors Limited (MCML) comes with a special “price lock policy” to facilitate and support its customers amid prevailing back-breaking inflation.

Here is the company’s newly introduced policy:

Customer Group Price lock at the time of Booking How to secure the price lock
Booked with partial payment NO
  1. Balance payment instrument date should be 30 days before the start of the tentative delivery month as printed on the PBO. (Example: Tentative Delivery Month March 2023, customer’s instrument date should be 31st January 2023)
  2. If balance payment instrument date is (example: 31 January 2023), then the prevailing price on 30-days before the start of tentative delivery month will be locked (example: Price as on 31 January 2023 will be locked)
Booked with full payment

(Only as per available quota)

 YES
  1. MCML will give dealer-wise specific quota on a monthly basis for bookings on full payment. Customers are required to pay 100% at the time of booking only within the provided full payment quota to secure price lock.
  2. These customers will be prioritized for delivery.

What do you think about the company’s easy installment plan? Tell us in the comment section?

Exit mobile version