Car Finance

Where the Skyrocketing inflation has affected the consumers’ purchasing power, the recent restrictions by the State Bank of Pakistan (SBP) have added fuel to the fire – shattered car finance. Reports have…

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 new auto policy is coming next month, and we are hearing all kinds of rumours. Every auto industry analyst is making their guesses on what will and won’t happen in the new policy. Here’s another one. The…

Great news for overseas Pakistanis, Prime Minister Imran Khan has announced two new schemes; Roshan Apni Car and Roshan Samaji Khidmat. With the first one, non-resident Pakistanis (NRPs) can buy cars for their…

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 one of the top items on everyone’s to-do list. Checking it off the list is a big deal, and not everyone has enough savings to take a car home. For people who can’t afford to buy a car with cash,…

PakWheels is the best marketplace for buying and selling used vehicles in Pakistan. We are proud to serve our community with our humble services. Helping you sell your car for the best price within days, taking…

Let us start this off with the basics, What is Car Financing? Car financing is a process in which you get a direct loan, usually from a bank that you use to purchase your new vehicle, and agree to pay back the…

We at PakWheels are committed to provide our users best automotive-related services and solutions possible. Among the array of our online services, one is our Car Loan Calculator. The purpose of the calculator…

Leasing has now become a household name. From cell phones to airplanes everything is up for lease. But the SOPs for all are  different. I am confining myself to vehicles’ leasing and shall be discussing…