Updated ‘Own Money’ Rates – October 2016

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Last month, PakWheels discussed the concept of ‘Own Money’ and ‘Own Money Rates on different cars in Pakistan. After one month, there has been a noticeable decrease in ‘Own Money’ on different cars in Pakistan. A possible reason for this decline is that 2016 is about to end. Pakistani car buyers are quite concerned about the resale value of a car, and a common perception is that there would be a drop in the resale value of a car when its registration year is over. So, people prefer to wait 2-3 months to buy a newer model car with latest registration year. This trend leads to a decrease in the sale of new cars during the ending months each year.

The following comparison of September 2016 and October 2016 Own Rates strengthens our argument:

Own-Prices-comparison-October

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5 Comments
  1. DR. ALE AHMED says

    its ON… not own

  2. Aqeel Zia Nayyer says

    its OWN

  3. DR. ALE AHMED says

    its Premium to be exact… “on” normally.. and when u speak on in urdu or punjabi it sounds like own.. however it ll remain ON or Premium no matter what goes on,
    eg: i ll be charging 25k ON corolla, or 50k ON civic… or i would be charging 100k as Premium on A3 if you want the car delivered to you today,

  4. Khuram Shahzad says

    WRONG AMOUNTS …….TURBO CIVIC IN 50 TO 70 K……..ALTIS GRANDE 70K……..ALL R LOW VERY LOW …….AS NO NEED TO BOOK CAR FOR LONG BOOKING TIME AS AVAILABLE ON LOW OWN.

  5. Aqeel Zia Nayyer says

    its OWN MONEY to be precise means that you are the owner of vehicle already and charging the perks.

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