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Browsing Tag
car financing
After last month’s car sales charts reflecting dwindling figures, here we come with another report revealing how thumping inflation and import curbs have shattered the car financing sector in the country. And…
Car Financing Drops to a New Low in 2022
Following the footprints of the industry’s other sectors, auto financing is also facing a recession. Car financing in Pakistan has recorded a drop fourth time in a fiscal year. As per details revealed by the…
Vehement Price Hikes Didn’t Hamper Auto Financing
Previous month-on-month reports narrated a poor sight of the auto financing sector in Pakistan. Trouble started to surface after a strange car price hike saga and import curbs inflicted by the State Bank of…
PakWheels & BankIslami Bring You The Best Car Financing Plans
With rising prices of cars in Pakistan, the new cars have become out of reach for the common masses. Even the hatchbacks, once affordable for middle class, are way too expensive for consumers, especially the…
Pak Suzuki Makes Car Financing Easy
Let's begin in simple words, you can buy a car in a few ways, but two of them are more prominent, either pay the whole amount of the car or lease it out. Presently, as specialized and troublesome as it might…
Five Things to Consider While Applying for a Car Loan
A car loan or car financing is an easy way to buy a car when one can’t afford to pay the whole price at once. In simple words, auto financing allows people to purchase a car by borrowing from a bank and paying…
Report: Investing in Cars is More Profitable than Fixed Deposits
The most important question for any Pakistani who is looking to make profits out of their savings is, “What should I do with my money?” Majority of the people just opt for fixed deposits because of their…
Audi Pakistan Partners With BankIslami To Facilitate Customers
The increase in car sales has attracted interest by a lot of automotive companies, however, since the auto policy came out, only Audi has shown some noticeable progress towards entering the Pakistani market.…
Car financing may revive as SBP slashes interest rate
Earlier this month, calls by representatives of Pakistan's automotive industry were made to slash down interest on car financing schemes so that consumers may benefit and it may ease the rough times faced by…
High prices, tough financing schemes and high mark up rates force buyers to purchase second hand…
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…
Auto industry requests SBP to bring down auto financing mark-up to single digit
One of the reasons why our economy and automotive industry was flourishing during Musharraf era was that people had money to spend, banks were giving people money to spend on anything they wished to purchase…
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