auto finance

Following car production and sales, the auto finance sector in the country is facing the same fate – dropped for the 8th consecutive month. As per the data unveiled by the State Bank of Pakistan (SBP), car…

In another effort to curb the car imports and auto loan practice, State Bank of Pakistan has announced new time frame for the automotive financing. According to a notification, here are the revised conditions:…

Auto financing in Pakistan has been on the rise for the past 18 months. Over the last year, car finance started at Rs. 262.5 billion in January 2021 and built up to Rs. 354 billion in December 2021.  For the…

After months of growth, the car finance segment is now slowing down. That’s because financing a car has become challenging for people. On one hand, cars are getting more and more expensive. On the other,…

The Pakistani automobile industry is having a great sales year so far. Not only more people are buying cars, but more people are also buying/leasing cars through banks. According to the data released by the…

Buying a car is a hectic task, and it becomes even more gruesome when one doesn’t have enough money to buy the desired car. However, the latter problem in the country is somewhat not the issue, as many local…