Dear All,
Please help me in ascertaining price of Alto 2006 bank leased around 20 installment paid, 125000 paid as advance? terms of lease are five years so ar 40 installment of 11000 pm are balance.Thanks in advance
i have no idea about the calculation for a bank leased car but I can tell you about the current market of 2006 Alto in rawalpindi, isb.2006, 20k to 40k KMs, mint condition AC/CNG should be available for 450000 to 460000 MAX
150000 to 175000
Price of VXR CNG should be between 480K-500K depending on the condition of course. If u want to know how much ull save after selling the car n paying off ur lease, then contact the bank and ask them how much Principal is outstanding and if there are any pre-payment penalties. The selling price minus Banks amount would be ur saving.
The Total amount you have to pay will be Rs.785000/- for an Alto. What do u think is it justified. Ask the Owner to pay the installments and it should be cleared from Bank then you can buy it in 4.25 to 4.50 lacs.
Many thnx to all of you for your support.Wassalam