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Thread: "own" money or xli drops to 20,000.

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    Default "own" money or xli drops to 20,000.

    one of my friends have just told me that "own" money on xli has dropped significantly to 20,000 in lahore,,i am amazed to hear it all,,,,,anyone can confirm it and also tell the reason ????

    according to my friend the reason behind dropping of own is that too many
    cars in the market and less buyers !!!!!
    nothingh last forever,,even cold november rain.

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    Default

    I wish the own was 0 Rs.
    Proud to be Pakistani

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    Default

    why do people keep paying "own"??? what's the deal? do people have too much money nowdays?

    "own" is for RETARDS!!!
    1. A car is only worth what someone is willing to pay for it, 2. Resale wont save your life in an accident, 3. Genius has limits, stupidity has none, 4. Never argue with an idiot, they will bring you down to their level & beat you with experience, 5. Growing old beats the alternative -- dying young! 6. انّا للہ و انّا الیہ راجعون

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    Default

    if its true than i think its due to toyota vitz and suzuki liana...
    its all about power to weight ratio...

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    Default

    and people still asking 10 lacs for their 2003 oldie, Investment doobing

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    Default

    Will be 0 soon enough,in 2 months it has come from 110k to 20k so lets hope it all drops down.

    Still suzuki OWN is there,cultus vxr xng 40k today,mehran 25k...So still some way to go.

    I hope they dont close the imports in june.

    As to why pay OWN well book the car and wait for 6 months so might as well pay now and get the car.And even to book they wont book unless you are getting it financed.

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    Default

    the imports shouldnt stop until the own money disappers completely.
    Honda City 1999 1.5L NEO MT | Honda City 2009 1.3L AT

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    Default

    Two words

    VITZ-LIANA !

    And its bout time!
    Cheers mates

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    Default

    great!
    Its not the people who r earning money, its all the dealers mafia who are taking advantage of the poor policies.
    Y a person has to wait for 4~12 months for the delivery whereas he had paid full amount. Its only in Pakistan. Govt should take measures to stop that too or he should pay 10% or so.

    hope it would be zero for all cars

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    Default

    For imports, it wont stop, maybe they reduce the duty more as they have to follow the WTO. By the way Government is getting so much Revenue, they cannot stop it now even the cars sell below their control prices.
    Look at the motorcycle market for example: Honda 70 is 15,000Rs less then it used to be in 2001.
    And the Government is not stopping the Chinese motorcycle import, right ?
    The Revenue, the Treasury is happy and the Japanese/Korean assemblers are less happy but Happy enough !

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    Default

    We ll all see a Suzuki 1000cc or a hyundai/kia/etc 1000cc selling at under 3.5 lacs same time next year !
    With choices of colours in ready delivery and dealers offerings of 10k 20k less then the already lessen control prices !

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    this damned OWN business must stop ...
    Who will guard the guards ... ?

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    Default

    As long as the supply is short, it will stay like that, but in near future we all will see cheap cars with ready deliveries.

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    in karachi i was told by a dealer that own is 50000 now for xli. i have wanted to buy an xli for a year now. i refuse to pay own (whatever the hell this word means) or pay full downpayment and then wait 8 months for delivery. the import scheme is working well to help the people. now toyota is itself trying to market their cars for once. if people pay own they deserve to get shafted, it's not like we're bring offered a ferrari for a premium. this country needs to recognize their rights for once and for all. We should not allow crooks in industry and government to screw us.

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    supply is only short because of all of these idiot "investors" buying up all the cars and then reselling them with "OWN".
    1. A car is only worth what someone is willing to pay for it, 2. Resale wont save your life in an accident, 3. Genius has limits, stupidity has none, 4. Never argue with an idiot, they will bring you down to their level & beat you with experience, 5. Growing old beats the alternative -- dying young! 6. انّا للہ و انّا الیہ راجعون

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    I do not like this own thing even the word, but as a matter of fact the demand in Pakistan has went so high that even large number of imports cannot help, the auto-makers are expanding their plants , even some are now saying to double their production.
    Now why demand has went so high, the simple answer is Bank Leasing.... before it the story was different, I do remember the tear 1997, where the showroom guy was offering me 5 thousand rebate on a brand-new mehran.
    This own thing is global wherever the demand is high (few cars in the west) but here due to restrictions on imports for many years made these suzukis precious to us.... and they enjoyed selling at the prices set by them, plus this sector was charming for investors as the demand went high and high, so they started investing too.
    This is how business is done in Pakistan, corrupt officers wont say anything to auto industry, wont take any measures and they wont let the imported cars in.
    Thanks to Mr. Perwaiz Musharaf, he finally has done something with salah mushwara of Shaukat Aziz, I think they dont have shares in auto industry, like mian nawaz sharif and asif zardari.

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    Can u calculate the Revenue going into Pakistan treasury after allowing these imported cars at 50% duty, tens of thousands of cars will make trillions of rupees for Pakistan's treasury.
    These days we all can witness the growth in business, real good work of this government, other-wise if there was mian aur anybody else, the scene would have been totally different

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    @asd123
    Can you give me the contract no. of your friend. I want to buy a XLI.
    My contract # 0300-7455266

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    xli is also blocked. people are not selling the car that easily. 3 weeks back i saw 90 plus xli's brand new just standing just in 1 garage because owners dont wanna sell at low rate,, so they let it rotten. people have money ,, they dont care the cars lying around unsold
    ,,, unless you know the track, you're not good enough to sit behind the wheel." K T

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    wel...according to my info...it's Rs.60000 on XLI and Rs.85000 on GLI in isloo......
    There are no pacts between humans and lions,Now you know who you are fighting with.....

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